| September 19, 2008 |  |
the second hyperpower |
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Chunghwa, SingTel to build second satellite
Taipei (AFP) Sept 18, 2008Taiwan's leading telecom operator Chunghwa Telecom Co. said Thursday it has agreed to build a second satellite with Singapore Telecommunication Ltd. The new satellite will replace the ST-1, which the two companies launched in 1998 at a cost of 240 million US dollars, and which is due for replacement in 2011. It will launch in late 2010, Chunghwa Telecom said in a statement. Chunghwa ... more Rothschild finance company says Bank of China buys stake 
Paris (AFP) Sept 18, 2008Bank of China has taken a one-fifth share in the Edmond de Rothschild Finance Company for 236 million euros (342 million dollars), a spokesman for the European banking group told AFP on Thursday. Bank of China, one of the four major Chinese banks, also acquired a further 10 percent stake through the issue of new shares in the Rothschild wealth management company. Rothschild's French hold ... more China must probe delays in uncovering milk-scandal: WHO 
Beijing (AFP) Sept 18, 2008The World Health Organisation on Thursday called for China to find out why it took months for a scandal involving deadly tainted milk powder to become public. While praising China's response since news of the contaminated products broke last week, WHO China representative Hans Troedsson said authorities must determine why reporting systems appeared to have initially failed. ... more EU sees progress by China on market economy status: document 
Brussels (AFP) Sept 18, 2008China has made "considerable progress" on the road to winning coveted market economy status, the European Commission has concluded in an internal report obtained by AFP on Thursday. "China now has in place almost all the legislation which is necessary for granting of market economy status. That is a considerable achievement," the report said. Acknowledging China's "considerable progress" ... more China Oilfield set to seal deal with Norway's Awilco: report 
Beijing (AFP) Sept 19, 2008China Oilfield Services, a subsidiary of energy giant China National Offshore Oil Corporation (CNOOC), was set to buy all shares in Norwegian firm Awilco Offshore after getting the go-ahead from government regulators, state media said Friday. China Oilfield (COSL) announced in July its offer to buy shares in the Norwegian oil firm in a deal worth 2.5 billion US dollars. COSL said the ... more |
dragonspace
 dragonspace  china  |
Beijing (AFP) Sept 17, 2008Anxious parents rushed their babies in for medical checkups around China on Wednesday, worried and confused over what to feed their babies amid a growing scandal over tainted milk powder. "I don't know. I really don't know," said An Fengyun, a 34-year-old mother, when asked what she would feed her two-year-old daughter, who whined in her mother's arms for an overdue lunch. "We are all ... more China admits 'flaws' in dairy sector supervision: state TV 
Beijing (AFP) Sept 17, 2008China's government on Wednesday criticised "flaws" in the supervision of the country's dairy sector, state TV said, in an admission of official failures in a tainted baby formula scandal. State-controlled CCTV said in its nightly news broadcast that a Cabinet meeting chaired by Premier Wen Jiabao also called the dairy market "chaotic," as the number of affected babies rose sharply. ... more Analysis: Chinese aircraft fly for Sudan 
Hong Kong (UPI) Sep 17, 2008 China's official media have released photos of K-8 fighter trainers demonstrating impressive attack power against land-based targets. The aircraft are the same model that China has exported to Sudan, ostensibly for training purposes. However, the K-8 trainers are very much like standard attack aircraft, and their tactical application in the Sudanese air force is not only for training ... more Chinese armchairs linked to French eczema outbreak 
Paris (AFP) Sept 17, 2008A French retailer said Wednesday it has withdrawn a range of Chinese-made armchairs and sofas from sale after hundreds of buyers complained of developing a painful eczema rash. Retail giant Conforama withdrew the chairs, on sale since 2005, in July after a doctor warned they could be linked to an outbreak of eczema in one of his patients, spokeswoman Isabelle Hoppenot said. She said some ... more |
gas
 dragonspace superpowers  |
Taipei (AFP) Sept 16, 2008Rescuers on Tuesday continued search operations after Typhoon Sinlaku pounded Taiwan over the weekend, leaving at least 11 people dead, officials said. Another 11 people remained missing in central Taiwan, where floods and mudslides triggered by up to 160 centimetres (62 inches) of rain caused bridges, hotels and houses to collapse, the National Fire Agency said. At least 20 people were ... more China finds more brands of tainted baby milk: state media 
Beijing (AFP) Sept 17, 2008Chinese officials have found 22 companies produced baby milk tainted with a toxic chemical, state media said Tuesday, in a dramatic escalation of a scandal that has left two infants dead. Milk powder contaminated with a chemical used to make plastics has sickened more than 1,200 infants in a health scare that erupted last week and prompted a nationwide investigation into the extent of the ... more China landslide death toll raised to 259: state media 
Beijing (AFP) Sept 16, 2008The death toll from a landslide that engulfed a northern Chinese town grew to 259 on Tuesday with the discovery of five more bodies, state-run Xinhua news agency said. State media last week had quoted Minister of Work Safety Wang Jun saying "several hundred" people were thought still buried in the mud that swamped the town of Taoshi after a mining waste reservoir burst its banks on September ... more ADB warns hot money could turn China into 'next Vietnam' 
Beijing (AFP) Sept 16, 2008The Asian Development Bank warned Tuesday that China could risk becoming the "next Vietnam", suffering a sudden outflow of short-term speculative funds when the current global turmoil subsides. "One of the big factors is movement in international capital. Many are concerned that China will become the next Vietnam," said Jian Zhuang, a senior economist with the ADB. "Hot money will rush ... more
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car-tech
 gas  trade  |
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