October 30, 2008 | ![]() |
the second hyperpower |
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Boeing sees China buying 3,710 planes over next 20 years![]() US aerospace giant Boeing said Wednesday it sees the booming China aviation market producing orders for 3,710 new commercial aircraft over the next 20 years. Chinese demand for passenger and cargo planes will be worth about 390 billion dollars, Boeing said in its 2008 Current Market Outlook report. Worldwide, Boeing predicted demand for 29,400 new planes by 2027, for a total price tag of ... more China Continues Anti Taiwan Military Buildup ![]() Mainland Chinese officials regard the more moderate position adopted by Taiwan's new president, Ma Ying-jeou, with some skepticism. Ma, leader of Taiwan's Kuomintang Party, holds the position that Taiwan -- which calls itself the Republic of China -- is an independent country. To some mainland scholars that formulation is not much different from former Taiwanese President Chen Shui-bian ... more Eggs recalled, exports halted as China's food crisis worsens ![]() Chinese retailers pulled eggs off shelves Wednesday and a supplier was ordered to stop exports, amid fears the toxic threat of the chemical melamine was far more widespread than first reported. Dalian city in northeast China said it had imposed an export ban on Hanwei Group, which sold to Japan and other parts of Asia, after some of its products were found to contain melamine ... more Waste paper price collapses as Chinese factories reduce demand: reports ![]() The price of waste paper in Hong Kong has collapsed due to reduced demand from Chinese paper manufacturers, as the financial slowdown hits the recycling industry, reports said Wednesday. The price of waste paper paid by exporters has dropped from 1,600 Hong Kong dollars (205 US) a tonne in mid-summer to just 400 in recent days, the South China Morning Post reported. Recyclers said a simi ... more Rate-cut hopes relieve financial gloom ![]() Stock markets soared on Wednesday, buoyed by expectations of rate cuts in the United States and Japan as China announced its own reduction in a bid to counter the impact of the global financial crisis. But a string of gloomy business news, including the collapse of a budget airline in Europe and a plunge in profits for Japan's Sony Corp. underlined the scale of the task facing policymakers ... more |
energy-tech
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![]() ![]() China warned Wednesday its heavy dependence on coal to fuel its fast-growing economy made it difficult to control greenhouse gas emissions, but said fighting global warming remained imperative. Releasing a policy paper on climate change, the Chinese government acknowledged the deep impact global warming had already made on the world's most populous nation -- and warned of much worse to come. ... more Souped-Up Rockets For Shenzhou ![]() As China reviews the success of its first spacewalk, plans are being drawn for China�s first space laboratory. We now know that this spacecraft will be known as Tiangong 1, and that will receive multiple visits from Shenzhou spacecraft. Beyond this, nobody outside of China seems totally sure of how China will manage its next missions. Online space forums have been filled with speculation, ... more China To Launch A Telecom Satellite For Venezuela ![]() China will send a Venezuelan telecommunication satellite into orbit on the early morning of October 30, according to a spokesman with the Xichang Satellite Launch Center. It will be the first time that China has made a commercial space launch for a Latin American country, said the official. The rocket carrier for the Venezuela 1 Telecom Satellite will be a Long March 3II. ... more China tells Microsoft to rethink 'black-out' anti-piracy tactics: report ![]() China has told US software giant Microsoft to reconsider controversial new anti-piracy tools that cause computer screens to turn black if a pirated program is identified, state media reported. "Whether the 'black-out' method should be adopted is open to question," said Yan Xiaohong, vice director of the National Copyright Administration, according to a report carried by Xinhua news agency ... more |
internet
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![]() ![]() Britain pressed countries including China and oil-rich Gulf states Tuesday to contribute to a proposed new IMF fund to help poorer governments threatened by "contagion" from the global financial crisis. Prime Minister Gordon Brown, who travels to the Gulf at the weekend, said the International Monetary Fund's current 250-billion-dollar bail-out fund was not enough and called for it to be ... more Russia, China sign landmark oil pipeline deal ![]() Russia and China on Tuesday signed a long-awaited deal to build an oil pipeline from Siberia to China after talks between Prime Minister Wen Jiabao and Russian counterpart Vladimir Putin. The leaders watched as Chinese state energy major CNPC and Russian state pipeline monopoly Transneft signed the deal to build the pipeline from the Siberian town of Skovorodino to the Chinese border. ... more Bodies of three dead Chinese hostages reach Khartoum ![]() The bodies of three Chinese oil workers and three of their colleagues wounded in a kidnapping ordeal arrived in Khartoum on Tuesday for full military honours ahead of repatriation. Twelve Chinese soldiers serving as peacekeepers in conflict-strewn Sudan greeted the three caskets, draped in Chinese flags, as they were carried off a Sudanese cargo plane on the shoulders of oil workers. ... more China defends energy policy after scathing report ![]() China on Tuesday defended its energy policy a day after three influential green organisations criticised its dependence on coal. "The Chinese government attaches great importance to the development and exploration of clean energy," foreign ministry spokeswoman Jiang Yu told reporters. "It has been making great efforts to increase the share of clean energy in the energy mix." ... more
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missiles
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