| February 07, 2008 |  |
the second hyperpower |
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World Bank slashes 2008 China growth forecast
Beijing (AFP) Feb 4, 2008The World Bank said Monday it had slashed its growth forecast for the Chinese economy in 2008 by 1.2 percentage points to 9.6 percent due to a weaker global outlook. The World Bank made the adjustment in its quarterly update on the Chinese economy, while also warning about growing signs of inflation. "The slowdown in the global economy should affect China's exports and investment in the ... more International Team Establishes Unique Observatory In Antarctica 
Dome Argus, Antarctica (SPX) Feb 04, 2008A 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 ... more Mars In Their Sights 
Phoenix AZ (SPX) Feb 04, 2008U.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, 2008Chinese 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, 2008Atlaspost.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 |
rocketscience
 disaster-management  ethanol  |
Haikou, China (XNA) Jan 28, 2008Yang Liwei, China's first taikonaut, the Chinese term for astronaut, on Saturday dismissed worries about the environmental effects of a new space launch center to be built in the island province of Hainan, saying the launches will be non-toxic and do no harm to the local ecology. Yang, who is visiting the tropical island, said space and environment authorities had researched the impact of ... more China May Broadcast First Taikonaut Spacewalk Live 
Shanghai (AFP) Jan 26, 2008China may broadcast its first ever spacewalk live when it launches its third manned space mission later this year, state media reported Friday. The spacewalk is expected to be carried out by the crew of the Shenzhou VII spacecraft, rocketing into orbit some time late this year, Xinhua news agency said. "The Shenzhou VII spacecraft is capable of live-broadcasting the walk," Yuan Jie, presid ... more Move Over US - China To Be New Driver Of World's Economy And Innovation 
Athens GA (SPX) Jan 25, 2008A 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, 2008Chinese 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 |
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Xi'an, China (XNA) Jan 21, 2008China is constructing a civil aerospace center in the Shaanxi Province capital, a further move to step up its industrialization of the sector following the launch of the initial Shanghai base last year. The National Civil Aerospace Industrial Base of Xi'an, set to cover 23 square km, will focus on developing satellites, new materials, energies, IT and other technologies for the benefit of ... more China-Made Satellite Navigation System Monitors Dangerous Chemical Transport 
Beijing (XNA) Jan 21, 2008China has begun use of a domestically-developed monitoring system to oversee dangerous chemical transport based on the country's Beidou satellite, its management center announced on Thursday. The system provides all-day data on dangerous chemical transport to the Beidou navigation satellite, which in turn gives corresponding operational order, according to experts who researched and develo ... more US Has An Ally In Azerbaijan For Energy Supply 
Washington (UPI) Jan 18, 2008In 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, 2008China 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
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