| August 15, 2008 |  |
the second hyperpower |
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China's quake reconstruction to cost nearly 150 billion dollars: govt
Beijing (AFP) Aug 14, 2008Nearly 150 billion dollars are needed to rebuild areas in southwest China devastated by a massive earthquake in May, the government said on Thursday. The 51 worst-hit counties and cities will need about one trillion yuan (145.7 billion dollars), said the National Development and Reform Commission, the top economic planning agency, in a statement on its website. That was more than one ... more Durham Scientist Explores Sichuan Fault 
Durham, UK (SPX) Aug 15, 2008Durham University expert, Alex Densmore, is to explore the fault lines that caused the May 12th earthquake in China that killed 69,000 people. Dr. Densmore, Director of Hazards Research at the Institute of Hazard and Risk Research at Durham University, is the first UK scientist to visit the region to research the faults and the effects and causes of the Sichuan earthquake since the disaster ... more Former Shanghai land official sentenced to death: state media 
Shanghai (AFP) Aug 14, 2008A Chinese court sentenced a former Shanghai land official to death on Thursday for accepting bribes totalling at least five million dollars, state media reported. A Shanghai intermediate court sentenced Yin Guoyuan, former deputy director of the Shanghai Housing, Land and Resources Administration Bureau, to death with two years' reprieve, the Xinhua news agency reported, citing court papers. ... more Evolution Solar To Open Green Technology Marketing Strategy 
Gilbert AZ (SPX) Aug 15, 2008Evolution Solar announces plans to implement a new "Green Technology Marketing Strategy," through its subsidiary, Synergy Design and Development, Evolution Solar Corporation's newly acquired Hong Kong-based R and D and Procurement Company. "Synergy has a seven-year history of professional services in research, development, and procurement in China," stated Robert Kaapke, CEO of Evolution ... more China's car makers face uphill battle: state media 
Shanghai (AFP) Aug 14, 2008Chinese car makers are facing an uphill battle as demand for autos is slowing while the cost of raw materials is spiralling, state media reported Thursday, citing industry analysts. Sales in the second half of the year are likely to still grow -- but at a slower pace than in the past, the Xinhua news agency reported, citing Dong Yang, deputy director of the China Association of Automobile Man ... more |
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Hangzhou, China (SPX) Aug 14, 2008HLS Systems International has announced that it is in late stage discussions with some of the largest wind turbine producers in China to provide their critical automation control systems. HLS expects to solidify a formal relationship with one or more of these companies in the next few months and expects to begin producing wind power control systems later this year. Dr. Wang Changli, HLS' ... more Foreign direct investment in China up 44.5 percent 
Beijing (AFP) Aug 12, 2008Foreign direct investment into China rose 44.5 percent in the first seven months of the year compared with the same period last year, the government said Tuesday. Foreign companies invested 60.7 billion dollars in China in the period from January to July, the commerce ministry said in a brief statement posted on its website. The ministry did not give a figure for the month of July alone. ... more China seen with more room to boost growth as inflation eases 
Beijing (AFP) Aug 12, 2008China's inflation rate eased for the third consecutive month in July, giving the government more leeway to pursue policies to boost growth, economists said Tuesday. Growth in the consumer price index was 6.3 percent in July, down from June's 7.1 percent and May's 7.7 percent, the National Bureau of Statistics said in its monthly release. "Both inflation and economic activity in general ... more Turkey Set To Create Missile Shield In Ankara, Istanbul 
Ankara, Turkey (RIA Novosti) Aug 13, 2008Turkey plans to buy eight missile defense systems abroad to protect itself against possible missile attacks, an undersecretary for the Defense Ministry said on Monday. Murat Bayar said two missile shields are to be deployed in and around Ankara and Istanbul by 2010, and that Turkey is currently negotiating a deal with four countries: Russia, the United States, China and Israel. ... more |
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Beijing (AFP) Aug 11, 2008China's trade surplus has shrunk and factory gate inflation has soared to a 12-year high, official data showed Monday, as the country's stock market plunged 9.4 percent in two days. The benchmark stock index closed below the psychologically important 2,500 mark, reflecting serious concerns about where the economy was heading, observers said. "Investors were jittery over the economy ... more Applied Materials Awarded Multi-Year Solar Service Contract 
Santa Clara CA (SPX) Aug 12, 2008Applied Materials has announced that it has signed a five-year service contract with Green Energy Technology Inc. (GET) of Taiwan to support GET's Applied SunFab Thin Film Line for solar module manufacturing. Through its SunFab Performance Service program, the most comprehensive service offering in the solar industry, Applied will reduce operating costs while enabling a quick ramp to volume ... more French reporters booted from US computer security conference 
Las Vegas, Nevada (AFP) Aug 7, 2008Reporters from an online French magazine were booted from the world's premier computer security conference Thursday after reportedly hacking a press room network and stealing peers' passwords. An accused trio from Global Security Magazine said they intended to teach reporters about how easily Internet transmissions could be intercepted while covering the Olympics in China, according to ... more ATK Conducts Successful AARGM Flight Test 
Minneapolis MN (SPX) Aug 11, 2008Alliant Techsystems, the U.S. Navy, and the Italian Air Force successfully completed another challenging missile firing of the AGM-88E Advanced Anti-Radiation Guided Missile (AARGM) at the Naval Air Weapons Station China Lake on August 3, 2008. The missile test firing was the first of two "Operational Assessment" firings supporting Milestone C Low Rate Initial Production (LRIP) decision ... more
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