June 19, 2008 | ![]() |
the second hyperpower |
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China has no plans to 'encircle' India: ambassador![]() China has no plans to try and dominate the shipping lanes of the Indian Ocean, its ambassador to India said in Hong Kong Wednesday. "We don't have such an intention to establish a chain to encircle India," said ambassador Zhang Yan at a lunch held by the Asia Society in Hong Kong. "It's not in China's interest to undertake this kind of strategic move. We see India as our partner," he ... more China Ranks Third In The World In Military Expenses ![]() Last year, the three nations with the world's biggest military expenses were the United States ($547 billion), the United Kingdom ($59.7 billion) and China ($58.3 billion). The Stockholm International Peace Research Institute (SIPRI) published these figures in its 2008 annual report. There are other estimates, but they are not radically different. Many research organizations and the media ... more China urges NKorea to move forward nuclear talks: report ![]() Chinese Vice President Xi Jinping Wednesday urged North Korea and other countries to move forward six-nation talks about scrapping Pyongyang's nuclear weapons programme, state media reported. In a meeting with North Korea's leader Kim Jong-Il in Pyongyang, Xi said all parties involved "should work together to implement second-phase actions and move six-party talks into a new phase," ... more Epidemics emerge as major threat in China's quake zone: report ![]() Infectious diseases are emerging as a major threat in China's quake zone, with injured and traumatised victims most at risk, the health minister was quoted as saying Wednesday. As summer approaches, the warmer weather creates optimal conditions for epidemics, with survivors of the massive May 12 quake particularly vulnerable to disease, the China Daily reported, citing Health Minister Chen ... more Flood waters threaten millions in China, quake refugees evacuated ![]() Surging waters in southern China's swollen Pearl river delta threatened millions of people on Wednesday as authorities raced to finish the evacuation of 110,000 people in the quake-hit southwest. Although a huge flood crest flowed past the Makou monitoring station close to the city of Guangzhou on Tuesday, water levels remained 0.45 metres (1.5 feet) above warning levels a day later ... more |
africa
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![]() ![]() Russia's president has called for legal action to be taken against those contractors who failed to meet their deadlines under a project to build an oil pipeline from East Siberia to the Pacific. Delays in the East Siberia-Pacific Ocean (ESPO) pipeline, an ambitious project designed to pump up to 1.6 million barrels of crude per day eastward to Russia's Far Eastern regions, China and Asia ... more Japan, China strike landmark gas-sharing deal ![]() Japan and China said Wednesday they had struck a deal to jointly develop gas fields in the East China Sea, partly resolving a spat that has been a thorn in ties between the major energy importers. After four years of on-off talks, Asia's two largest economies agreed to share the potentially lucrative gas resources from an area that lies near islands which remain a focus of bitter dispute. ... more CTDC Begins Construction Of First a-Si Thin-Film Solar Energy Rooftop System ![]() China Technology Development Group has announced that construction has begun on the Company's pilot amorphous silicon (a-Si) thin-film solar energy rooftop system at their production plant in China Merchants' Zhangzhou Development Zone ("CMZD") in the Fujian province of southern China. The a-Si thin-film rooftop project was designed by Terra Solar Global Inc., CTDC's strategic partner in ... more Chinese company develops 'UFO': report ![]() A Chinese company has developed a prototype flying saucer that can hover in the air and be controlled remotely from afar, state press said Tuesday. The aircraft is 1.2 metres (four feet) in diameter and is able to take off and land vertically and hover at an altitude of up to 1,000 metres (yards), Xinhua news agency said. The unmanned disc is driven by a propeller and can be controlled ... more |
korea
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![]() ![]() China ordered emergency work to strengthen swollen dykes and reservoirs Tuesday and evacuated tens of thousands of people as large swathes of the south reeled under their worst storms in decades. Officials said more than 40 rivers nationwide were exceeding their warning levels with torrential rain continuing to pound the densely populated region. The civil affairs ministry said the death ... more Bird flu hits southern China: state press ![]() Authorities in southern China have begun destroying poultry after bird flu was detected to stop the disease spreading, state press said Tuesday. The outbreak was confirmed as the deadly H5N1 strain of the virus by the agriculture ministry on Tuesday after poultry began dying in Jiangmen city, Guangdong province, last week, Xinhua news agency reported. Nearly 3,900 ducks have died, while ... more Toyota says to ramp up production in China ![]() Japan's Toyota Motor Corp. said Tuesday that its joint venture in China with Guangzhou Automobile would invest about 380 million dollars to increase output in response to fast-growing demand. The venture will install a second production line at its plant in Guangdong to churn out an additional 120,000 Camry sedans a year, raising the venture's annual output to 320,000 vehicles. ... more Rate of yuan not 'magic remedy' for US trade deficit: China ![]() China said Tuesday the exchange rate of its currency was not a "magic remedy" that could resolve the US trade deficit, in a dig at accusations it keeps the yuan undervalued to support its exports. "The rate of exchange of the yuan is not the main reason for the US trade deficit, and it is not a magic remedy to resolve the problem of the trade deficit," foreign ministry spokeswoman Jiang Yu ... more
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gas
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