October 22, 2008 24/7 News Coverage the second hyperpower
Brazil hopes to launch satellite rocket in 2011: report
Brasilia (AFP) Oct 21, 2008
Brazil hopes to have a basic version of a satellite transport rocket blasting off from its territory in 2011 after successful tests of one of the vehicle's engines this week, a report said. The information, given by the G1 news website run by the Globo news group, confirms Brazil's ambitions to join China and Russia as a top emerging economy with its own space program. The Brazilian Space ... read more
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    US court blocks release of Uighurs from Guantanamo
    Washington (AFP) Oct 21, 2008
    A US federal appeals court has blocked the release of 17 Chinese Muslim Uighurs from the Guantanamo Bay prison until more legal hearings are held in November. The men have been held at the US "war on terror" detention camp for more than six years without charges. A federal judge on October 7 had ordered the men released and brought to the US capital, home to a significant Uighur ... more

    Taiwan's Ma says no war with China while he's in office
    Taipei (AFP) Oct 21, 2008
    Taiwanese President Ma Ying-jeou said Tuesday he was confident there would be no war between the island and China during his first term in office, ahead of the expected visit of a top Chinese envoy. Government officials here have said Chen Yunlin, head of the quasi-official Chinese body that handles civil exchanges with Taiwan in the absence of formal relations, is likely to visit the island ... more

    CSIRO Recharges Energy Ties With China
    Canberra, Australia (SPX) Oct 22, 2008
    CSIRO joins an elite group to form a new strategic energy research alliance with PetroChina, one of the largest oil companies in the world. The alliance strengthens long-term cooperation and research into oil and gas exploration and production as well as wider energy technologies, reaffirming the 20 year relationship between CSIRO and the Research Institute of Petroleum Exploration and ... more

    China tries to shore up exports by raising tax rebates
    Shanghai (AFP) Oct 21, 2008
    China moved Tuesday to shore up its exports by increasing rebates on more than a quarter of taxable goods including textiles and toys, as falling demand threatens the economy. The move came a day after the publication of data showing China's economy expanded by nine percent in the third quarter, the lowest level in five years as the global credit crisis put a dent in China's booming economy. ... more

    CSIRO Technology Helps China Strike Oil
    Canberra, Australia (SPX) Oct 22, 2008
    CSIRO technologies are helping petroleum companies improve their exploration methods not only in Australia but worldwide. Chinese petroleum companies, including PetroChina, China's largest oil and gas producer use CSIRO technologies to improve predictions on the presence and quantity of oil to reduce the risk of drilling dry wells. CSIRO Petroleum's Chinese program coordinator and Project ... more

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    China facing uphill battle as it pursues domestic growth: analysts
    Beijing (AFP) Oct 20, 2008
    China wants domestic spending to make up for slowing exports, but it is by no means certain the nation's own consumers are willing or able to pick up the slack, analysts said Monday. The world's fourth-largest economy expanded by nine percent in the third quarter, the lowest level since the second quarter of 2003, the government said Monday, calling for a sharper focus on domestic sources of ... more

    1,500 jobless as another China factory shuts: report
    Beijing (AFP) Oct 20, 2008
    A Hong Kong-listed appliance maker shut its southern China factory on Monday, state media reported, making it the latest victim of the world economic slowdown's impact on Chinese manufacturing. The closure of Bailingda Industrial Co.'s electrical appliance factory in the export hub of Shenzhen has left 1,500 employees jobless, Xinhua news agency reported. It follows the failure on Friday ... more

    Pakistan airstrikes kill 60 militants, hostage escapes: officials
    Islamabad (AFP) Oct 18, 2008
    Airstrikes by Pakistani jets killed 60 pro-Taliban fighters in the restive northwest while a Chinese engineer seized seven weeks ago escaped from his kidnappers, security officials said Friday. "Security forces destroyed a training camp and hideouts of militants in Peochar in Swat valley, killing 60 of them and injuring scores of others," a senior security official told AFP. Another secu ... more

    Analysis: Anti-Taiwan buildup -- Part 1
    Hong Kong (UPI) Oct 17, 2008
    Despite the apparent easing of cross-strait relations between the People's Republic of China and Taiwan since Ma Ying-jeou assumed the presidency in Taipei, China's armed forces are not lightening up in their preparations for a military struggle against the island. On the contrary, preparations are moving ahead at an accelerated pace. Xu Caihou, vice chairman of China's Central Militar ... more

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  • 'Distinct' risk if Uighurs released on US soil: Bush administration

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  • China's Wen says government partly to blame for milk scandal

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    China quake rumour-monger jailed for four years: court
    Beijing (AFP) Oct 17, 2008
    A 19-year-old man who hacked into a government website just after southwest China's devastating earthquake and warned of another huge tremor has been jailed for four years, a court said Friday. The court in Nanning, capital of the southern Guangxi region, convicted Chen Zhifeng of deliberately spreading false and terrifying news. Chen hacked into the website of Guangxi's seismological bu ... more

    China to help Pakistan build two more nuclear plants
    Islamabad (AFP) Oct 18, 2008
    Energy-hungry Pakistan said on Saturday that China had agreed to help it build two more nuclear power plants in a major boost to the country's long-term plans to end crippling electricity shortages. Foreign Minister Shah Mahmood Qureshi announced the deal after President Asif Ali Zardari returned from a four-day state visit to China which Qureshi said had been "very significant." ... more

    China's economy showing cracks amid global crisis
    Shanghai (AFP) Oct 19, 2008
    China's strong economy appeared to put the nation on the global high ground when the financial tsunami first struck last month, but as the storm continues to rage, that position is looking less sure. After five years of annual double digit economic growth, and with more than 1.9 trillion dollars in foreign reserves as well as a closed financial system that protected it from toxic US asset ... more

    China wants stable ties with US after election
    Beijing (AFP) Oct 19, 2008
    China is watching the US presidential election closely, and whether the winner is Democrat Barack Obama or Republican John McCain, the priority for Beijing is to maintain stable ties with Washington. The strong interest of the Chinese, awed by US power yet irritated by lectures on human rights, is shown in extensive media coverage, new titles in book stores, and even opinion surveys on the ... more

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  • China spells out landmark farm reforms

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