March 05, 2008 | ![]() |
the second hyperpower |
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China announces big rise in military spending, amid US tensions![]() China said Tuesday its defence spending would jump 17.6 percent this year but insisted the rise was moderate, amid a flare-up in tensions with the United States over Beijing's growing military muscle. Military spending in 2008 will reach 417.8 billion yuan (57.2 billion dollars at the end-2007 exchange rate), a spokesman for China's parliament told reporters ahead of the legislature's annual ... more Taiwan boosts military spending amid China increase ![]() Taiwan's President Chen Shui-bian Tuesday said the island had beefed up defence spending against rival China's threat, while the mainland announced a nearly 18 percent funding increase for its military. "In order to strengthen our self-defence capabilities and facilitate the modernisation of weapons and military equipment, the government has budgeted 349.5 billion Taiwan dollars ... more JT to raise own food production after dumpling scare ![]() Japan Tobacco Inc. (JT) said Tuesday it would boost its own production of frozen foods in the wake of a safety scare involving pesticide-tainted dumplings that it imported from China. "We are moving towards an increase in our own production in the future," said JT spokeswoman Yukiko Seto. The group has been under fire since a food poisoning scandal erupted a month ago over frozen dumplin ... more Outside View: China's energy diplomacy ![]() China's building of a port in Pakistan, its extra-polite friendship with the rulers of Myanmar and now its offer to Iran to pick up gas from Pakistan if India shows no interest in doing so is all part of the country's quest for energy to feed its export economy. The West has very cleverly shifted its smokestack manufacturing industry to China. There, a mix of its own but rapidly depleting ... more BOCLH To Supply Gases For Taiwan's First Thin Film Solar Plant ![]() Solar energy is moving into a new phase in Taiwan with the start-up of the country's first, large-scale thin film solar cell manufacturing plant. BOC Lien Hwa, Taiwan's leading electronic gases supplier, has been selected to supply NexPower in Taichung, central Taiwan, with a wide range of high purity gases used in the manufacturing process. BOCLH is a joint venture between The Linde Group ... more |
trade
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![]() ![]() The European Union and United States said Monday they had filed complaints at the World Trade Organisation over Chinese restrictions on foreign financial news providers working in the country. The dispute has been brewing since September 2006 when China renewed the monopoly held by state news agency Xinhua, which prevents foreign providers of financial information services from dealing ... more Chinese yellow sand hits Japan, SKorea: officials ![]() Hazardous yellow sand from China covered parts of South Korea and Japan on Monday, keeping people indoors as Tokyo pressed Beijing to reveal more information to the public. Schools were closed as the dust blanketed southern parts of the Korean peninsula, while Japan advised people to be cautious and predicted the dust would continue for another day. Yellow dust -- fine sand from Mongolia ... more CCTI And Benham Support Commercialization Of Clean Coal Technology In China ![]() Clean Coal Technologies has announced that it has signed an agreement with The Benham Companies to support commercialization of CCTI's coal cleaning plants in China. Benham is a wholly-owned subsidiary of Science Applications International Corporation. SAIC has supported Clean Coal Technologies and its predecessor companies since 1996 in the advancement of CCTI's proprietary technology ... more China plans first spacewalk in 2008 ![]() A Chinese space official said China is preparing for the manned space program's first spacewalk later this year. Xinhua, China's state-run news service, said Chinese astronauts would be aboard the Shenzhou VII spacecraft when it is launched from the Jiuquan Satellite Launch Center in the northwestern province of Gansu. Along with the spacewalk, the mission will include the release of a ... more |
gps
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![]() ![]() China risks a wave of protectionism unless it proves itself a "responsible" nation, British Foreign Secretary David Milliband said Friday as he completed a five-day tour of the Asian giant. "We must be honest about the terms of a new bargain between Europe and China," he told an audience at Beijing's Peking University. "Europe can open up its markets to China and push others to do so. ... more 5.9 million Chinese short of drinking water: report ![]() The number of people facing drinking water shortages in China has more than doubled to 5.9 million because of a severe winter drought, state media reported. The figures released late Friday jumped from 2.43 million a week earlier, the Xinhua news agency said, citing figures from the State Flood and Drought Relief Headquarters. A spokesman was quoted saying the situation was due to linger ... more China fast becoming the world's shipyard ![]() In a drydock at a shipyard in northeast China's Dalian city, a 300,000-tonne oil tanker is ready for delivery to Maersk, its hull painted in the Danish shipping company's trademark blue. Nearby, an offshore drilling platform has been constructed according to precise specifications from US company Noble. Both are examples of China's growing success as a shipbuilding nation and its progress ... more Workers' rights a tough battle for history-making Chinese MP ![]() When China's parliamentary session begins this week, a small, spirited woman with a middle-school education will make history as one of the first migrant workers to join the lawmaking body. Hu Xiaoyan, 34, a ceramics worker in China's southern manufacturing hub of Guangdong, may be an unlikely politician, but her appointment to parliament signals a historic if only symbolic milestone in ... more
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energy-news
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