February 04, 2008 24/7 News Coverage the second hyperpower
International Team Establishes Unique Observatory In Antarctica
Dome Argus, Antarctica (SPX) Feb 04, 2008
A team of scientists representing six international institutions, including Texas A and M University, has succeeded in reaching the summit of Antarctica - also a monumental achievement for ground-based astronomy - to establish a new astronomical observatory at Dome Argus on the highest point of the Antarctic Plateau. Two weeks after arriving Jan. 11 at "Dome A" for only the second time in ... read more
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    Mars In Their Sights
    Phoenix AZ (SPX) Feb 04, 2008
    U.S. and Chinese students are taking aim at the Red Planet using an ASU-designed camera on a Mars-orbiting spacecraft. The target lies millions of miles away, but for the 22 high school students in the first-ever China Youth Space Academy, Mars is square in their sights. Fifteen high school students from China are at ASU's Mars Space Flight Facility, collaborating with seven students from ... more

    China, US aluminum giants buy into Rio Tinto
    London (AFP) Feb 1, 2008
    Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle with rival BHP Billiton. Analysts said the acquisition was a possible defensive move to prevent, or at the least complicate, any tie-up between Rio Tinto and BHP Billiton, two of the biggest miners and suppliers of raw mat ... more

    Atlaspost.Com -- An Innovative Social Mapping Site From Taiwan
    Taipei, Taiwan (SPX) Jan 31, 2008
    Atlaspost.com today officially launched its English site for the global market at DEMO 08. Atlaspost.com is a popular social mapping network from Taiwan. What makes Atlaspost.com stand out is that they have designed the map to be a fun place with three innovative features, which caught the eye of Google Taiwan. Among them, ''Atlas Village'' is regarded as one of the most innovative and fun ... more

    Russia May Build New Shuttle Spacecraft By 2015
    Moscow (RIA Novosti) Jan 30, 2008
    Russia's rocket and space corporation Energia may build a new-generation piloted spacecraft by 2015, the company president said on Tuesday. Energia has been developing a reusable manned spacecraft since 2000. It is designed to replace the Soyuz and Progress launch vehicles in making regular flights to the International Space Station and even the Moon and Mars. "Countries, such as the US ... more

    China To Monitor Global Disasters Through Satellite
    Beijing (XNA) Jan 29, 2008
    China is considering using it's environmental resources satellites to monitor natural disasters in the country as well as other parts of the world, said the country's space authority. China will expand the use of its Cbers-2B satellite to gather more information on land, forests and farmland to help itself and more countries to deal with natural disasters, said China Daily quoting Li Guoping, sp ... more

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  • Gushan Environmental Energy Limited Opens Beijing Biodiesel Plant

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    Move Over US - China To Be New Driver Of World's Economy And Innovation
    Athens GA (SPX) Jan 25, 2008
    A new study of worldwide technological competitiveness suggests China may soon rival the United States as the principal driver of the world's economy - a position the U.S. has held since the end of World War II. If that happens, it will mark the first time in nearly a century that two nations have competed for leadership as equals. The study's indicators predict that China will soon pass t ... more

    US subprime crisis could worsen China's bad loan problem: report
    Shanghai (AFP) Jan 22, 2008
    Chinese banks will see their non-performing loans increase due to the US subprime mortgage crisis and domestic economic cooling measures enforced by the government, state media reported Tuesday. "The non-performing loan ratio in the banking industry and risks of volatility in the capital market are both rising," the Financial News reported, citing Zhong Wei, an economist with Beijing Normal ... more

    China Wind Systems Begins First Phase of Expansion Plan
    Wuxi, China (SPX) Jan 22, 2008
    China Wind Systems has purchased new equipment to expand its forged rolled rings manufacturing capabilities. The $4.13 million purchase was in line with the Company's strategy to focus on the growing wind power industry in China, and was largely funded with the proceeds from its recent private placement financing. The purchase marks the first step in execution of the Company's expansion pl ... more

    Taiwan may ease China-bound investment restrictions: reports
    Taipei (AFP) Jan 21, 2008
    The Taiwanese government might ease China-bound investment restrictions by the March 22 presidential poll, to woo support for the ruling Democratic Progressive Party (DPP), reports said Monday. Authorities are studying different ways of defining the net worth of local enterprises, many of which have reached or come close to the China investment ceilings, the Economic Daily News and United Da ... more

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  • Foreign companies pour money into China: govt

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  • China To Boost Civil Industrialization With Xian Base

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  • China-Made Satellite Navigation System Monitors Dangerous Chemical Transport
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    US Has An Ally In Azerbaijan For Energy Supply
    Washington (UPI) Jan 18, 2008
    In retrospect, 2007 will be remembered as the high-water mark of Washington's attempts to develop the Caspian's post-Soviet hydrocarbon riches. If early 2008 is any indication, then the one remaining friend that America has in the Caspian basin is Azerbaijan. Neither Iran, subject to ongoing U.S. sanctions, nor the Russian Federation have evinced the slightest interest in sharing their oil ... more

    China investment giant gets invite from British PM
    Beijing (AFP) Jan 18, 2008
    China Investment Corp., the nation's huge sovereign wealth fund seen as a tool to project Beijing's economic clout, was invited Friday by Britain's prime minister to set up its first overseas office. Gordon Brown extended the welcome on his maiden visit to China as his nation's leader, in sharp contrast to a more guarded response in the United States and other nations to the rise of sovereig ... more

    China Solar and Clean Energy Solutions Acquires Shenzhen PengSangPu Solar Industrial Products
    Beijing, China (SPX) Jan 21, 2008
    China Solar and Clean Energy Solutions has announced that it has entered into a definitive agreement to acquire Shenzhen PengSangPu Solar Industrial Products Corporation ("Shenzhen PengSangPu"). The acquisition of Shenzhen PengSangPu will enable China Solar to immediately begin leveraging its technology and engineering capabilities and expertise, and will significantly expand China Solar's custo ... more

    Multi-nationals in China face sharp rise in salary demands: survey
    Shanghai (AFP) Jan 17, 2008
    Multi-nationals in China face more serious challenges than anywhere else in Asia, paying more to attract talent but facing the region's worst turnover levels, a survey said Thursday. Across all sectors of China's roaring economy, 32 percent of employers said job seekers expect salary increases of at least 20 percent over their previous position, a report by human resources firm Hudson said. ... more

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