Old Lady Peng, to quiet talk over Fortunate Flower's disappearance, said she had run off with a soldier of the 8th Route Army.

彭老婆子又四处放风，说杏花跟一个八路军战士私奔了，企图以此来平息人们对杏花突然失踪的议论。

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Mr. Peng, who used to run Merrill Lynch's property investments in China, closed the first part of his fund in the third quarter of last year, raising one billion yuan from domestic investors, and plans to have invested three billion yuan by the middle of next year.

WSJ: Chinese Developers Face Pinch