Beach profile: side view of a beach extending from the top of the dune line into the sea.

UNESCO: L O S S A R Y

Mr. Zhang said he is aware of how Japanese firms lost large sums on high-profile foreign investments such as Rockefeller Center and Pebble Beach Golf Course in the late 1980s and notes that the failures had to do the volatility of the yen and Japan's monetary policy.

WSJ: China Developers Look Abroad��for Chinese Buyers

Karp, who owns New England Development, has inked his a deal to redevelop a West Palm Beach mall with fellow Boston firm Eastern Real Estate and the high-profile Philadelphia development firm Lubert-Adler.

FORBES: Boston Real Estate Mogul Karp Turns Snowbird Deal