May 06, 2008 | ![]() |
the second hyperpower |
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Outside View: China's obsolete fighters![]() Earlier this year reports appeared in the media that China had copied Russia's Sukhoi Su-27 Flanker fighter and that its J-11 version, now manufactured in China, would be sold to third countries, undermining Russia's positions on the global arms market. Although China has made some progress in adapting Russian designs and technology, it is still far from posing either a military or ... more China has secret nuclear submarine base: Jane's ![]() China is building a major underground nuclear submarine base on the southern tip of Hainan Island, defence group Jane's said Friday. Jane's Intelligence Review, a respected defence periodical, said satellite images of the base from imagery provider DigitalGlobe were the first confirmation of its existence. Although Beijing is displaying no overt aggression, the base could mean an increase ... more Beijing latest victim of China virus outbreak: state media ![]() A deadly viral outbreak that preys on children has appeared in Olympic host city Beijing, and the number of infections in China has grown to more than 9,000, state media reported Monday. The latest reported death occurred in eastern Zhejiang province, where a person died of hand, foot and mouth disease, the state-run Zhejiang Online news site said, without giving further details. ... more China steps up efforts to curb grain smuggling: official media ![]() China has stepped up efforts to curb illegal wheat and rice exports as traders try to smuggle out grain to take advantage of record high global prices, state press reported Monday. The problems with the smuggling comes as China is trying a range of measures to keep its domestic grain supplies stable amid soaring inflation that has seen sharp price rises for nearly all food products since ... more Beijing working to clear the air ![]() Chinese officials said anti-pollution efforts are helping clear the air in Beijing, with 86 days of fairly good air quality reported so far this year. The Beijing Municipal Bureau of Environmental Protection said the number of so-called "blue sky" days is up from 67 during the same period last year, the state-run Xinhua news agency reported Friday. The Chinese news service said ... more |
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![]() ![]() The World Health Organisation on Sunday dismissed claims that local authorities in China had covered up the outbreak of an intestinal virus, as the death toll rose to 25. The virus, known as Enterovirus 71 or EV71, has already killed 22 children in the eastern province of Anhui and three others in southern Guangdong province, the state-run Xinhua news agency reported late Sunday. ... more 'Time to blow whistle' on China: Clinton ![]() Democratic presidential hopeful Hillary Clinton warned Saturday it was time to "blow the whistle" on China, accusing it of unfair trade practices. She stood close to a parade of closed shops and pawnbrokers in North Carolina as she vowed to turn the US economy around, despite fears of recession, and promised action to reverse a tide of industrial jobs moving abroad. "We do have to get to ... more India urged to copy China at Asian Development Bank meeting ![]() India must boost infrastructure spending and reform its labour market as China has done if it wants its economy to grow as fast as that of its Asian neighbour, participants at the Asian Development Bank's annual meeting in Spain said Saturday. "The Chinese manufacturing success story has a lot to do with a physical infrastructure that is better," said economist Bibek Debroy, who has studied ... more Taiwan's new China policymaker pledges harmony ![]() Taiwan's incoming China policy coordinator Lai Shin-yuan on Thursday backed away from her previous pro-independence stance and pledged to promote cross-strait harmony under the new government. Lai's appointment had alarmed business leaders as she was previously a lawmaker from the Taiwan Solidarity Union (TSU) which used to advocate declaring the island a country independent of China. ... more |
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![]() ![]() Three Chinese institutions were among the world's top four banks at the end of 2007 at a time when the market capitalisation of Western banks was suffering from a global financial crisis, a study showed Wednesday. The number one spot in the rankings, compiled by the Boston Consulting Group, was occupied by the Industrial and Commercial Bank of China, with market capitalisation of nearly 340 ... more CIA chief says China's rapid military buildup troubling ![]() CIA chief Michael Hayden charged Wednesday that China was beefing up its military with "remarkable speed and scope," calling the buildup "troubling." The Chinese, he said, had fully absorbed the lessons of both Gulf wars, developing and integrating advanced weaponry into a modern military force. Hayden said while Beijing's new capabilities could pose a risk to US forces and interests in ... more US Air Force planned nuclear strike on China over Taiwan: report ![]() The US Air Force considered a plan to drop nuclear bombs on China during a confrontation over Taiwan in 1958, but was overruled by then-president Dwight Eisenhower, declassified documents showed Wednesday. Eisenhower instead ordered military officers to initially use conventional bombs against Chinese forces if the crisis escalated, according to previously secret US Air Force history. Th ... more China Warns Deadly Intestinal Virus Could Kill More ![]() The Chinese government on Wednesday warned that a lethal intestinal virus that killed 20 children in east China could cause more deaths. The virus, known as Enterovirus 71, or EV71, has already killed 20 children in Fuyang city in Anhui province, and has infected 1,884 kids, the state-controlled Xinhua news agency said on Wednesday. "We estimate that the hand, foot and mouth disease ... more
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