September 12, 2008 24/7 News Coverage the second hyperpower
Optimal Conditions Set For Chinese Spacewalk
Shanghai, China (XNA) Sep 12, 2008
Bringing forward the launch date of China's third manned spacecraft by one month will maximize conditions for the country's highly anticipated inaugural spacewalk, experts have said. The Shenzhou VII spacecraft was first scheduled for take off from the Jiuquan Satellite Launch Center in Gansu province at the end of October. The spacecraft was later rescheduled for take off between Sept 25 ... read more
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    New Crews For Shenzhou
    Sydney, Australia (SPX) Sep 12, 2008
    Chinese media coverage of the Shenzhou 7 mission is escalating as the launch date approaches. Before the end of September, China will launch its third manned space mission, and produce its first spacewalk. We have been given snippets about emergency rescue drills and the impressive array of cameras that will monitor the flight. Most of this is either predictable or reiterates ... more

    Shenzhou: A Spacewalk In The Sunlight
    Sydney, Australia (SPX) Sep 11, 2008
    Earlier this month, China suddenly brought forward the launch window for the Shenzhou 7 space mission. The mission was originally expected to lift off in mid-October, but will now take off at some time between September 25 and 30. This flight will produce China�s first spacewalk. Pundits immediately suspected that political factors had intervened to change the mission. The new launch time ... more

    US July trade deficit swells on oil, Chinese imports
    Washington (AFP) Sept 11, 2008
    The US trade deficit rose sharply to 62.2 billion dollars in July, the largest gap in more than a year, on record high oil prices and surging Chinese imports, government data showed Thursday. The July trade gap was wider than the consensus forecast for an increase to 58.0 billion dollars. It was the largest shortfall since March 2007 and followed two consecutive months of shrinking deficits. ... more

    Hopes fade for 'several hundred' missing in China landslide
    Xiangfen, China (AFP) Sept 11, 2008
    Several hundred people believed missing after a landslide engulfed a Chinese town are likely dead, state press said Thursday, citing a senior official, as the official toll rose to 151. Minister of Work Safety Wang Jun said "several hundred" people are thought buried in the mud and sludge that came cascading down onto the village after a mining waste reservoir burst its banks on Monday, the ... more

    China studying third West-East gas pipeline: report
    Beijing (AFP) Sept 11, 2008
    China may build a third west-east gas pipeline in a bid to meet strong demand along its economically vibrant eastern seaboard, state media reported Thursday. The pipeline will start from the western Xinjiang region and is likely to end in Fujian province in the southeast, supplying natural gas to the energy-hungry Yangtze and Pearl river deltas, the China Daily said. A preliminary plan ... more

      disaster-management
  • No hope for 'several hundred' missing in China landslide: official

    disaster-management
  • Nearly 200 officials punished over China quake relief: state media

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  • Global 8 Environmental Technologies Announces Major Wind Project In China
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    China inflation drops as trade surplus hits record high
    Beijing (AFP) Sept 10, 2008
    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
    Washington (UPI) Sep 10, 2008
    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
    Beijing (AFP) Sept 10, 2008
    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

    China's rulers look to space to maintain Olympic pride
    Beijing (AFP) Sept 9, 2008
    China's rulers are looking to catapult overflowing pride and patriotism from the Beijing Olympics into another stratosphere when the nation's first "taikonaut" walks in space this month. Amid high inflation and other economic concerns, analysts say China's space programme offers the communist leadership an important platform to maintain a popularity boost given to them by staging a successful ... more

      dragonspace
  • NW China Sandstorm No Threat To Launch Of Shenzhou-7 Spacecraft

    dragonspace
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    milplex
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    56 dead after mudslide sweeps through Chinese town: state media
    Beijing (AFP) Sept 9, 2008
    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
    Washington (AFP) Sept 8, 2008
    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'
    Beijing (AFP) Sept 9, 2008
    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 meeting calls for closer international cooperation
    Ilulissat, Denmark (AFP) Sept 9, 2008
    Representatives from the European Union, Canada, Russia, China and South Korea met Tuesday in Greenland to put the spotlight on the Arctic, which is hard hit by global warming and home to vast untapped natural resources. In Ilulissat, at the foot of one of Greenland's biggest glaciers, some 100 delegates gathered to discuss ways of encouraging "stronger international commitment to the Arctic ... more

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