You guys are reading this wrong; let me translate this for you guys:
PSP God of War Dual Collection Migrates to PS3.
SCET annouce that in July ,7 2011, PSP God of War Collection (Chain of Olympus and Ghost of Sparta) will migrate to the PS3 with all new graphics to support HDTV, complete with Chinese subtitles.
The last 3 paragraphs just describe what CoP and GoS, i.e. prequel to the series so on so forth
So from reading the original chinese annoucment; this will be a remake of the Portable in HD format for the PS3.