Yes, that's how the title of this manga is originaly spelled.
In short, this manga is based around characters from various CLAMP comics, mostly from CardCaptorSakura. It takes place in the Land of Clow, with Touya as King and Sakura as the princess, next in line to the heir. Syaoran is sort of an archaeoligist who's trying to find some secret to the whole land along with some other people. As for the romance, Syaoran is Sakura's childhood friend [and yes, Touya still hates him with a passion] and Yukito, the Palace's Magician, is still very close with Touya.
Well anyways, Sakura secretly has this magnificent power that she does not realize, and often has 'visions'. She also has a nifty pair of wings, which are called her 'soul', and in the beginning of the manga, her wings are taken away and Syaroan has to go out and rescue her memories and soul. He's accompanied by two other men, but both have their own reasons for joining Syaoran on his quest. Etc, etc.
Other CLAMP characters' appearances are:
-Yuuko from XXXHolic as the witch of demension.
-Tomoyo from CCS as a princess of a neighboring land.
-Souma from RG Velda as Tomoyo's assistant.
-Chii from Chobits as the servent/creation of Fye, an original character.
-Ashura from XXXHolic.
-Mokona from Magic Knight Rayearth as Yuuko's pet.
Fortunately [^___^], Tokyopop snatched up the liscence, and it's planned to come out in 2004 [along with DN Angel.]