October 27, 2008 | ![]() |
the second hyperpower |
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Outside View: Asian missile power![]() China is going to play a major role in the global space exploration program. Soon a new center for space research may emerge in the Eastern Hemisphere and push the current players aside. China's achievements in science and technology, as well as its consolidation of space programs in the countries of the Asia-Pacific region, which have a tremendous economic potential, will contribute to ... more NKorea extracted 30.8 kg of plutonium: report ![]() North Korea has told China, chair of six-party disarmament talks, it had extracted a total of 30.8 kilograms (68 pounds) of plutonium from its Yongbyon nuclear complex, a report said Friday. The Dong-a daily quoted an unidentified diplomatic source as saying that the North made the disclosure when it submitted a report on its nuclear facilities and fissile materials to China in June. ... more US sanctions firms for alleged sales of arms technology ![]() The United States has imposed sanctions on companies from China, Russia, Venezuela and other countries for allegedly violating its ban on sales of technology that could help Iran, Syria or North Korea develop sensitive weapons systems. The State Department announced in the Federal Register that "13 foreign persons," meaning companies, "engaged in activities that warrant imposition of ... more Taiwan president assures countrymen he won't sell out to China ![]() Taiwan President Ma Ying-jeou on Sunday sought to allay fears his government would sell out the island in negotiations with Beijing, following a mass anti-China demonstration. The Hong Kong-born politician defended his record of closer ties with China as he spoke at a gathering while visiting the northern city of Keelung. "Although I was not born here, I grew up eating Taiwan rice and ... more World Bank, France pledge 910 million dollars in quake funds: report ![]() The World Bank and the French Development Agency have agreed to lend China 910 million dollars in reconstruction funds for the devastating Sichuan earthquake, state press said Sunday. The agreement was reached at an earthquake investment conference in southwest China's Sichuan province, Xinhua news agency said. The World Bank would provide an emergency recovery loan of 710 million dollar ... more |
china
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![]() ![]() Premier Wen Jiabao pledged Saturday that China's food exports would meet international norms and win the trust of people globally, promising lessons would be learnt from the nation's milk scandal. Wen pledged Chinese food exports would "comply with the standards of importing countries," adding China would "seriously draw lessons" from the milk contamination scandal that led to the deaths of ... more China Sits Atop Two Trillion Dollars In Foreign Reserves ![]() China is a true "island of stability" amid the raging financial crisis. Given its huge international reserves, assessed at $1.9 trillion, it can maintain its own stability, but it also can help developed countries overcome the crisis. Is it ready to offer the money? And will anyone take it? There are no prerequisites for a large-scale crisis in the Chinese ... more Russian minister says plans drawn for China oil pipeline: report ![]() Plans have been drawn up for a pipeline linking Siberian oil fields to China, a Russian minister was quoted as saying Sunday, in a sign of tightening ties between Russia and its energy-hungry neighbour. Russia's state-controlled pipeline monopoly Transneft has finished designing a spur from the Eastern Siberia-Pacific Ocean (ESPO) pipeline to China, Deputy Prime Minister Igor Sechin was ... more China's exporters foresee bleak future in global slowdown ![]() Sissi Liu's company specialises in novelty calculators and electronic games. Yet even viewed from the brightest of her spacecraft or kitten-shaped designs, her numbers make for grim reading with Chinese exports facing a gloomy future. "South America is our biggest market, but sales are down 30 percent there compared to this time last year," said Liu, whose firm Fullsun Electronics is ... more |
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![]() ![]() A policeman in central China's Henan Province was executed Thursday after being accused of killing a man by throwing him from the third storey of a police office building, state media said. Li Litian, of Zhoukou City, was executed over the killing of a laid-off worker in September 2004 after Li and five other police allegedly beat the man at the station after a dispute with the family of ... more China debates tighter food safety law spurred by milk scandal ![]() China's parliament began debating a bill Thursday aimed at improving food safety, as the government said more than 3,600 babies made sick in the country's tainted milk scandal remained in hospital. The draft law before the National People's Congress aims to prevent any cover-ups by health authorities and would make them directly responsible for approving additives in processed foods, Xinhua ... more Arsenic pollutes scenic lake in China: state media ![]() Water supplies for at least 26,000 people were cut off in southwest China after a scenic lake popular with holidaymakers was contaminated with arsenic and other pollutants, state media reported Thursday. The local vice mayor and several officials have been sacked over the contamination of Yunnan province's Yangzonghai lake, the China News Service said. At least 18 officials have been rem ... more EU honours jailed Chinese dissident Hu despite Beijing pressure ![]() The European Parliament on Thursday awarded a prestigious rights prize to jailed Chinese dissident Hu Jia on the eve of a key Beijing summit - despite pressure from China not to honour him. In a letter to senior lawmakers and the president of the assembly, China had warned that giving the Sakharov Prize to the civil rights campaigner could damage ties with Europe. Beijing hit out when ... more
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economy
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