March 06, 2008 24/7 News Coverage the second hyperpower
Big hike in Chinese military spending not the whole story: Gates
Washington (AFP) March 5, 2008
China's announced plans to increase its military budget by nearly 18 percent accounts for only part of its actual military spending, US Defense Secretary Robert Gates said Wednesday. He said the United States was concerned not just about Beijing's annual double-digit increases in declared military spending but also the programs that it sees China pursuing. "There's a wide range of activities ... read more
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    Premier says China will stick with one-child policy
    Beijing (AFP) March 5, 2008
    China will stick with its strict family planning rules, Premier Wen Jiabao said Wednesday, in an apparent rebuttal to officials who raised the possibility of changes to the one-child policy. "We will adhere to the current policy of family planning, keep the birthrate low, improve the health of newborns and adopt a full range of measures to address the gender imbalance in babies," Wen told the ... more

    Hijacker shot after taking Australians hostage in China
    Beijing (AFP) March 5, 2008
    A hijacker armed with explosives took a group of Australian tourists and a translator hostage in China on Wednesday before police shot and killed him, an Australian embassy official and Chinese media reported. Ten Australians were taken hostage on a tourist bus in the city of Xi'an in northwest China but nine were released soon after, Janaline Oh, spokeswoman for the Australian Embassy in ... more

    China to strive for safer products: PM Wen
    Beijing (AFP) March 5, 2008
    China will step up its monitoring of product safety, Premier Wen Jiabao said Wednesday, as it tries to counter a string of scandals over Chinese-made goods ranging from food to toys. Authorities would "accelerate efforts to formulate or update national standards for product quality and safety," Wen told legislators at the annual session of parliament. Wen also vowed to ensure the country ... more

    Beijing Ready To Help With Darfur, Russia Deploys Helicopter Forces
    Paris (AFP) March 5, 2008
    China's special envoy to Darfur said Wednesday Beijing was ready to work with Western powers for a peaceful end to bloodshed in the war-torn region, but remains opposed to sanctions against Khartoum. "There is no fundamental difference between China and Western countries. China is ready to cooperate sincerely, and is not looking for confrontation with the West" on Darfur, Liu Giujin told ... more

    China's biggest oil producer in talks with Qatar: report
    Shanghai (AFP) March 5, 2008
    China National Petroleum Corp., the country's biggest oil and gas producer, is in talks with Qatar Petroleum to set up a petrochemical joint venture in China, Chinese state media said Wednesday. While the two sides have not decided where to locate the plant or how much to spend on it, they are working on a feasibility study, the China Securities Journal reported, citing an unnamed source with ... more

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  • Analysis: Chinese coal demand unfazed

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    China announces big rise in military spending, amid US tensions
    Beijing (AFP) March 4, 2008
    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
    Taipei (AFP) March 4, 2008
    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
    Tokyo (AFP) March 4, 2008
    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
    Toronto, Canada (UPI) Mar 04, 2008
    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

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  • China to follow WTO rules in EU, US news financial spat: commerce ministry

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  • China's New Carrier Rocket To Debut In 2014
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    Pentagon voices concern over China's military power
    Washington (AFP) March 3, 2008
    An annual Pentagon report on China on Monday said Beijing's lack of transparency posed risks to stability, voicing concern over how it would use expanding military power. China was developing missiles capable of striking aircraft carriers and other warships at sea, has tested an anti-satellite weapon and fielded new intercontinental ballistic missiles, the report said. ... more

    EU, US file WTO complaint over Chinese media restrictions
    Geneva (AFP) March 3, 2008
    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
    Seoul (AFP) March 3, 2008
    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
    Coral Springs FL (SPX) Mar 04, 2008
    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

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