September 11, 2008 | ![]() |
the second hyperpower |
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Nearly 200 officials punished over China quake relief: state media![]() China has received thousands of complaints over misconduct among officials involved in Sichuan earthquake relief work, resulting in the punishment of nearly 200 cadres, state press said Wednesday. Twenty Communist Party officials have been sacked while the other 164 cadres punished received unspecified discplinary measures and "administrative penalties," Xinhua news agency said, citing ... more Global 8 Environmental Technologies Announces Major Wind Project In China ![]() Global 8 Environmental Technologies has reported the signing of a Cooperative Joint Venture Agreement with China Tong Liao Baolong New Energy Ltd. (hereinafter referred to as CTB) to develop Environmental Technology Centers focused on wind energy conversion in the region of Tong Liao City, Inner Mongolia, China. This new joint venture company, to be known as Tong Liao Wind Energy ... more China inflation drops as trade surplus hits record high ![]() Inflation in China fell for a fourth straight month in August while the trade surplus hit a record high, data said Wednesday, with analysts blaming weakening domestic demand. The figures have pushed the case for Beijing to boost growth, economists said, following months of efforts by policymakers to slow down the world's fourth largest economy and rein in inflation. "The policy priority ... more Walker's World: China and the dollar ![]() Speculation about China suffering a bout of post-Olympic blues seems to have some serious basis. The world's stock markets all boomed Monday after the U.S. Treasury's bailout of Freddie Mac and Fannie Mae. The exception was China, where the market fell 4 percent. At the same time, China seems to be suffering a housing bust that rivals that of the United States and Britain. New house ... more Foreign direct investment in China up 41.6 percent: govt ![]() Foreign direct investment into China rose 41.6 percent in the first eight months of the year compared with the same period last year, the government said Wednesday. Foreign companies invested 67.7 billion dollars in China in the period from January to August, the commerce ministry said in a brief statement posted on its website. Foreign direct investment in August alone totalled 7.0 ... more |
dragonspace
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![]() ![]() Russia will continue negotiations on a contract to deliver 34 transport planes and four aerial tankers to China earlier frozen due to a disagreement over prices, Russia's state-run arms exporter said on Friday. "We are returning to the contract and renegotiating the price of these planes," Mikhail Zavaliy, a Rosoboronexport official told reporters at an air show in the Krasnodar Region. ... more 56 dead after mudslide sweeps through Chinese town: state media ![]() At least 56 people were killed after an industrial mudslide swept through a small mining town in northern China, state media said late Tuesday, updating an earlier government toll of 34 dead. A market, homes and a three-storey building were buried under tonnes of sludge when the disaster hit Taoshi township, Shanxi province, on Monday, Xinhua news agency said, adding 35 people were also ... more China worried of financial contagion via Hong Kong ![]() Beijing is worried that an overly liberal financial system in Hong Kong could invite financial contagion into China and disrupt critical economic growth, a government economist said Monday. "China today has a very unique situation -- it is one country with two financial systems -- the Hong Kong system is very open, very liberal, very efficient, very modern" compared with the Chinese system a ... more China central bank says Fannie, Freddie takeover is 'positive' ![]() China's central bank sees the US takeover of struggling mortgage giants Fannie Mae and Freddie Mac as "positive", given the billions of dollars of exposure of Chinese banks, state media said Tuesday. "Chinese investors have a certain amount of exposure" to the companies, central bank governor Zhou Xiaochuan said, according to the China Daily. "I think they welcome the new policy, but we ... more |
arctic
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![]() ![]() China's Vice Premier Wang Qishan will visit the United States next week and will discuss bilateral trade issues with top US officials, the foreign ministry announced Tuesday. Wang, who is in charge of economic and trade matters, will co-chair the Sino-US Joint Committee on Commerce and Trade when it meets in Los Angeles on September 17, foreign ministry spokeswoman Jiang Yu told journalists. ... more China announces spacewalk plans ![]() Chinese officials have announced plans for their first space walk to take place later this month. The manned spacecraft Shenzhou-7 will lift off sometime between Sept. 25 and Sept. 30 from the Jiuquan Satellite Launch Center in northwestern Gansu Province, the Chinese news agency Xinhua reported Sunday. "All the major systems involved in the launching are now in the final ... more China launches environmental satellites ![]() Chinese officials say they have launched two natural disaster and environment monitoring satellites. The first of their kind put into space by China, the satellites are expected to enhance the Asian nation's natural disasters forecasting capabilities, the Chinese news agency Xinhua reported Saturday. "The role of the satellites will be significant when China faces such natural ... more Top-level China, India talks amid nuclear deal tension ![]() Asian giants India and China held high-level talks on Monday amid tension over Beijing's purported reluctance to back New Delhi's civilian nuclear ambitions. India has criticised Beijing for being unwilling to support a waiver that would enable New Delhi to trade with the Nuclear Suppliers' Group (NSG), which controls global atomic commerce, without signing non-proliferation pacts. ... more
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nuclear-doctrine
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