August 27, 2008 24/7 News Coverage the second hyperpower
Shanghai to open world's highest sightseeing hall to public
Shanghai (AFP) Aug 26, 2008
The world's highest sightseeing hall, located on the 100th floor of China's tallest skyscraper, will open to the public on Saturday, local media reported. The hall is 474 metres (1,555 feet) above the ground in the Shanghai World Financial Centre, the Oriental Morning Post reported Tuesday. Sightseers who want a bird's eye view of the city will have to pay 150 yuan (22 dollars) each for ... read more
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    Corrupt Chinese officials' lovers to face jail: state press
    Beijing (AFP) Aug 26, 2008
    Relatives and "secret lovers" of corrupt Chinese officials could face prison under draft legal amendments that target spiralling corruption in the government ranks, state media said Tuesday. Relatives and people who have "intimate relations" with corrupt officials face up to seven years' imprisonment if they abuse the officials' positions to accept bribes or otherwise profit illegally, the ... more

    China quake refugees still facing uncertain future
    Dujiangyan, China (AFP) Aug 26, 2008
    More than 100 days after a powerful earthquake devastated much of this region in southwest China, Li Kuilan still faces an uncertain future, having lost her husband and her home. Li is among millions of residents whose lives were destroyed by the May 12 Wenchuan disaster and who were forced to move into hastily-built refugee camps now dotting the quake belt in Sichuan province. She sells ... more

    Hu says China committed to economic reform, openness
    Seoul (AFP) Aug 26, 2008
    President Hu Jintao said Tuesday that China remains committed to bold economic reforms introduced 30 years ago and urged South Korean firms to invest more in his country's modernisation. Hu, in a speech to business groups on the second day of his visit to South Korea, noted that this year is the 30th anniversary of Deng Xiaoping's reforms which have brought the communist-ruled ... more

    China considers 54-billion-dollar stimulus plan: state media
    Shanghai (AFP) Aug 25, 2008
    China is considering a 54-billion-dollar stimulus plan involving tax cuts and government spending, state media said Monday, in another sign that boosting the economy is becoming a priority. The 370-billion-yuan proposal, which has yet to be finalised, includes 220 billion yuan in fiscal spending and 150 billion yuan in tax cuts, according to the Economic Observer, a weekly newspaper. ... more

    India Set To Ramp Up Air Force Part One
    Hong Kong (UPI) Aug 22, 2008
    Within the next four months, a first batch of eight Russian-built Sukhoi Su-30MKI multirole fighters will be positioned at India's Tezpur Air Base in the state of Assam, near the border with China, an Indian navy source has revealed. This is almost six months ahead of the timeline reported some time ago in the Indian media. This will be the first time for Su-30MKI fighters to be ... more

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    Australia approves Chinalco stake in Rio Tinto
    Sydney (AFP) Aug 24, 2008
    Australia has approved a move by China's state-owned Chinalco to take a stake in Anglo-Australian mining group Rio Tinto, Treasurer Wayne Swan said Sunday. Swan said he had approved the acquisition by the aluminium giant of up to 14.99 percent of the London-listed arm of Rio Tinto - an amount which would equate to about 11 percent in the group. Swan said he had no objections to the purc ... more

    Death toll in China coal mine blast rises to 26: state media
    Beijing (AFP) Aug 22, 2008
    The death toll from a gas explosion at a coal mine in northeast China rose to 26 on Friday, state media reported. The blast in the Baijiagou Coal Mine in Liaoning Province occurred Monday morning as 81 miners were working underground, Xinhua news agency reported. Eleven miners were injured in the accident, four of them severely. Rescuers had been working to find four miners trapped ... more

    First Of 300 GE China Mainline Locomotives To Arrive In China
    Beijing, China (SPX) Aug 22, 2008
    GE Transportation has announced that the first China Mainline Locomotive (CML) will be delivered around Aug. 30, 2008, to the Tianjin Port in Tianjin, China. After being transferred to the Tanggu Depot for inspection, the locomotive will make its way to China's capital Beijing. Locomotive "CML 50001" is the first of three hundred 6,000-horsepower Evolution Series China Mainline Locomotives ... more

    EU quizzes Eutelsat on failure to transmit private Chinese TV
    Brussels (AFP) Aug 18, 2008
    The European Commission has sought an explanation from a European satellite operator as to why a private Chinese channel's signal has not been broadcast for two months, an EU spokesman said Thursday. "We are aware of the matter and (EU Telecoms) Commissioner Viviane Reding has written to Eutelsat to ask it what exact is going on," the spokesman said. Employees of Chinese-language New ... more

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    China hopes for stability in Pakistan after Musharraf quits
    Beijing (AFP) Aug 19, 2008
    China said Tuesday it hoped its traditional ally Pakistan would maintain political stability and economic development following Pervez Musharraf's resignation as president. "As a friendly neighbour, China sincerely hopes Pakistan will maintain its political stability and economic progress," foreign ministry spokesman Qin Gang said in a statement posted on the ministry's website. ... more

    Floods in eastern China kill six: state media
    Beijing (AFP) Aug 19, 2008
    Torrential rains and flooding in eastern China have killed six people and destroyed more than 1,200 homes, state media reported Tuesday. Three days of heavy rain in Anhui province over the weekend left one person dead, forced the evacuation of more than 1,200 people and destroyed more than 21,600 hectares (53,400 acres) of crops, Xinhua news agency reported. Five people were killed in ... more

    China sees brisk growth in auto imports, exports slow: state media
    Shanghai (AFP) Aug 19, 2008
    China's auto imports grew rapidly in the first half of 2008, underlining its increasing importance as a market for carmakers, but export growth slowed, state media said Tuesday. China imported 212,000 vehicles in the first half of this year, up 53.2 percent from a year earlier, the Xinhua news agency reported, citing data from the China's customs administration. The growth rate was 18.3 ... more

    18 miners dead in China accident: govt
    Beijing (AFP) Aug 19, 2008
    Eighteen miners are confirmed dead after a gas explosion ripped through a coal mine in northeast China, the State Administration of Work Safety said Tuesday. The accident happened Monday at Baijiagou Coal Mine in Faku county, Liaoning province, the safety agency said in a brief statement. It said 81 miners were in the mine at the time of the blast, with 56 escaping unhurt and seven still ... more

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