Item 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
China Healthcare Acquisition Corp ("CHM") and Teambest International, Ltd. and Madame Wang Lahua (collectively, "Seller") have mutually agreed effective as November 10, 2008, to terminate the stock purchase agreement among them pursuant to which CHM was to have purchased all of the outstanding equity of Europe Asia Huadu Environment Holdings, Ltd Pty. The agreement is described in more detail in the Current Report on Form 8-K filed by CHM with the Securities and Exchange Commission on August 11, 2008.
CHM and Seller mutually agreed to the termination. CHM determined that it would not receive the votes of its stockholders required for approval of the acquisition.
In connection with the termination, CHM and Seller entered into a mutual release. A copy of the termination agreement is filed as Exhibit 10.1. Management of CHM is currently considering the company's alternatives.

Item 7.01 REGULATION FD DISCLOSURE
The information contained in this Item 7.01 shall not be deemed to be incorporated by reference in any filings under the Securities Act of 1933, as amended.

Item 8.01 OTHER EVENTS
Separately, CHM confirmed that the funds in the Trust Account are now invested in the JP Morgan 100% U.S. Treasury Securities Money Market Fund. Press Release
On November 13, 2008, CHM issued a press release announcing it and the Seller had mutually terminated the stock purchase agreement. A copy of the press release is attached hereto as Exhibit 99.1. Financial Statements and Exhibits

Exhibits Exhibit No. Description 10.1 Termination Agreement as November 10, 2008 99.1 Press Release dated November 13, 2008, announcing the termination of the Stock Purchase Agreement

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