February 18, 2008 | ![]() |
the second hyperpower |
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China's cold snap to heat up inflation, investment: analysts![]() China's worst winter weather in half a century will fuel inflation and investment problems in the Asian giant's runaway economy, while the rest of the world may also feel its impact, analysts say. Weeks of heavy snow and freezing cold swept across densely-populated provinces in south China this month and last, destroying crops and wreaking havoc on infrastructure that proved much more ... more Heavy Manufacturing, Steel, And Coal-Fired Power Stations To Close For 2008 Summer Olympics ![]() China is preparing to shut entire sections of heavy manufacturing across swathes of its industrial heartlands in preparation for this year's summer Olympics, in a determined bid to clean up its key host cities before and during the games, according to Platts, a leading global provider of energy and commodities information. Sources returning from a visit to China told Platts this week that ... more Mao proposed sending 10 million Chinese women to US ![]() Chinese leader Mao Zedong proposed sending 10 million Chinese women to the United States, in talks with top envoy Henry Kissinger in 1973, according to documents released Tuesday. The powerful chairman of the Chinese Communist Party said he believed such emigration could kickstart bilateral trade but could also "harm" the United States with a population explosion similar to China, according ... more Former Boeing Engineer Charged With Economic Espionage In Theft Of Space Shuttle Secrets For China ![]() A former Boeing engineer was arrested this morning after being indicted last week on charges of economic espionage and acting as an unregistered foreign agent of the People's Republic of China, for whom the engineer stole Boeing trade secrets related to several aerospace programs, including the Space Shuttle. Dongfan "Greg" Chung, 72, of Orange, Calif., who was employed by Rockwell ... more Sidley Austin Represents PT Indosat On 228.5 Million USD Financing For Satellite Project ![]() International law firm Sidley Austin recently represented Indonesian telecom company PT Indosat Tbk in obtaining US$228.5 million in financing to construct and launch a new satellite, the Palapa-D. The satellite is under construction by Thales Alenia France and will be launched into orbit by a Chinese launch vehicle manufactured by Beijing Talentway Technology Corporation. The financing wa ... more |
gps
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![]() ![]() With oil hovering around $90 a barrel, Geotimes magazine examines emerging trends and issues in several obvious, and some not-so-obvious locations, in this month's cover story "Oil Around the World." Land disputes, foreign sanctions, terrorism, war and economics play into the exploration and recovery of the world's oil and natural gas reserves. Be it Libya, Iraq or Norway, the South China ... more World Bank slashes 2008 China growth forecast ![]() The 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 ![]() 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 ... more Mars In Their Sights ![]() 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
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![]() ![]() 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 Gushan Environmental Energy Limited Opens Beijing Biodiesel Plant ![]() Gushan Environmental Energy Limited, China's largest producer of biodiesel as measured by annual production capacity, announced that its Beijing plant has commenced production, adding 50,000 tons to the company's annual biodiesel production capacity. Annual capacity of the Beijing plant is expected to increase to 100,000 tons in the fourth quarter of 2008 when additional expansion is completed. ... more Chinese Taikonaut Dismisses Environment Worries About New Space Launch Center ![]() Yang 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 ![]() China 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
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economy
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