February 25, 2008 | ![]() |
the second hyperpower |
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Bush's successor asked to beef up military, trade ties with Taiwan![]() US President George W. Bush's successor should move to beef up Taiwan's military and forge a bilateral free trade pact as part of a common agenda to mend souring ties, an expert study said Friday. The report was prepared by a 11-member American group led by ex-State Department and Pentagon officials and comprising experts from the business, human rights and other fields. The current "bro ... more Rice wants full NKorean disclosure on uranium, proliferation ![]() US Secretary of State Condoleezza Rice, on the eve of an Asia tour, pressed Friday for North Korea to disclose not only its nuclear weapons programs but also its alleged proliferation activities. Rice said she would meet officials from South Korea, China and Japan to boost North Korea's disarmament but appeared to rule out any breakthrough when she said it would not be "useful" for her to ta ... more Killing NROL-21 Part Two ![]() The U.S. success in shooting down USA 193, also known as National Reconnaissance Office launch 21 spy satellite, from a decaying orbit Wednesday looks unlikely to worsen the space arms race between the United States and Russia. Both nations were and remain dependent on orbiting satellites for essential intelligence, reconnaissance and surveillance and communications capabilities. China ... more India to host next military exercise with China: report ![]() India will host the second joint military exercises with China, as the neighbours continue to mend ties after a brief but bitter border war in 1962, a report said Sunday. The first-ever military manoeuvres between the world's most populous nations were held in China in December, when about 200 Indian and Chinese troops jointly "took out" a group of supposed terrorists along their border. ... more Death toll from China snow storms hits 129: report ![]() The death toll from severe snow storms that have paralysed large parts of China this winter has reached 129, state media reported Sunday. In addition to the confirmed deaths, four are still listed as missing, while 1.7 million have been evacuated, the Beijing News tabloid said, citing Li Liguo, vice minister of civil affairs. Previously, state media had reported 107 fatalities from the ... more |
economy
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![]() ![]() Prices of rare metals like cobalt and magnesium are surging ahead in London, driven by high-end technology and soaring demand from economic powerhouse China, according to commodities experts. Glamorous raw materials such as precious metal gold and oil have long hogged the headlines -- with New York crude at a record high 101.32 dollars per barrel last week on concerns about tight global energy ... more China warns West against scrutiny of sovereign investment funds ![]() Heightened US and European scrutiny on the investments by emerging nation's sovereign funds has increased trade frictions and will hurt the global economy, China's central bank warned Friday. "Countries like the United States and those in the EU also strengthened their scrutiny over investments made by sovereign wealth funds from emerging economies," the bank said in its latest quarterly ... more China's Baosteel agrees on 65 percent increase in ore prices ![]() China's top steelmaker said Friday it agreed to a 65 percent rise in ore prices with Brazil's Vale, in a move following agreements by other Asian producers for a global benchmark on the raw material. "Baosteel reached a consensus on the base price for internationally traded iron ore in 2008 with VALE the world's largest iron ore producer," the Shanghai steel maker said in a short statement. ... more Analysis: Turkmenistan, Russia and China ![]() The most fascinating energy development of the last 14 months has been the furious, if covert, struggle involving Russia, China and the United States to develop Turkmenistan's vast natural gas deposits since the death of Turkmen President Saparmurat Niyazov in December 2006. Turkmenistan's estimated natural gas reserves are the fourth largest in the world; according to geologic analysis ... more |
dragonspace
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![]() ![]() Chinese authorities are using algae-munching fish to clean up one of the country's most polluted lakes -- and after their diet of toxins they will be sold on to consumers, state media said Thursday. More than 50,000 silver carp fry have been introduced into Chaohu lake and another 1.55 million will be added in the next 20 days, said Wu Changjun, from the Chaohu Fishery Administration, according ... more China reports bird flu death ![]() A man has died of bird flu in southern China, the health ministry said Thursday, the second death in the country from the deadly disease in a month. The 41-year old man, identified only by his surname Liang, died in a hospital in the Guangxi autonomous region on February 20 after falling ill six days earlier, the ministry said in a report on its website. Central government laboratory ... more Analysts doubt NKorea nuclear breakthrough on Rice trip to Asia ![]() US Secretary of State Condoleezza Rice is due to tour Asia next week in a high-level push to clear the logjam on North Korean nuclear disarmament, but analysts see little chance of a breakthrough. Rice is due to visit South Korea -- where she will attend the inauguration of South Korean President-elect Lee Myung-Bak on Monday -- as well as China and Japan in the context of six-party negotiations ... more Bush: China not 'fierce competitor' in Africa ![]() US President George W. Bush denied Wednesday that China was a "fierce competitor" of the United States in Africa, amid worries in Washington and Europe about Beijing's growing presence. "I don't view Africa as zero-sum for China and the United States. I think we can pursue agendas without creating a great sense of competition," Bush said during a joint press conference with Ghana President ... more
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china
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