| October 31, 2008 |  |
the second hyperpower |
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Nigeria suspends multi-billion-dollar Chinese rail project
Lagos (AFP) Oct 30, 2008Nigeria has suspended a controversial 8.3 billion-dollar (6.5-billion-euro) contract awarded to a Chinese firm to upgrade its decrepit railway system, officials said Thursday. A senior Nigerian presidency official confirmed the contract awarded to the China Civil Engineering Construction Corporation (CCECC) in 2006 had been suspended so the government could carry out a comprehensive review. ... more China says nearly 2,400 babies in hospital after drinking tainted milk 
Beijing (AFP) Oct 30, 2008Nearly 2,400 babies remain in hospital in China after drinking dairy products tainted with the toxic chemical melamine, the government said Thursday. Of the 2,390 still hospitalised as of Wednesday, one child was in a serious condition, while 48,514 have recovered and been allowed to return home, the health ministry said in a brief statement. On Wednesday, 90 infants were admitted to ... more Former Beijing court president sentenced to death: state media 
Beijing (AFP) Oct 30, 2008The former head of a Beijing court has received a suspended death sentence for bribery and embezzlement that earned him more than a million dollars, state media reported Thursday. Guo Shenggui, the former president of the Xicheng District People's Court in central Beijing, was sentenced to death with a two-year reprieve, the official Xinhua news agency said. Such rulings typically ... more Forbes rich list: Financial turmoil hits China's super-wealthy 
Shanghai (AFP) Oct 30, 2008The credit crunch and financial crisis have more than halved the combined wealth of China's richest people, Forbes magazine said Thursday as it released its annual Chinese billionaires list. The ranking illustrates how fortunes have risen and fallen over the past tumultuous year as the net worth of mainland China's 40 richest people fell 57 percent to 52 billion dollars from 120 billion ... more Outside View: Russia-China oil for loans 
Moscow (UPI) Oct 30, 2008 China's Premier Wen Jiabao, visiting Moscow Tuesday, signed an agreement calling for the construction of an oil pipeline to China as part of the prospective Eastern Siberia-Pacific Ocean pipeline. The agreement is expected to be followed by a contract for oil supplies to China for many years to come, against which Russian oil companies will be loaned between $20 billion and $25 billion. ... more |
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Caracas (AFP) Oct 29, 2008Venezuela entered the space age Wednesday as its first satellite, built with Chinese technology and launched from China, blasted into orbit. Named after Simon Bolivar, the hero of South American independence, the communications satellite Venesat-1 is a "construction of socialism" and a symbol of Latin American integration, according Venezuelan president Hugo Chavez. Chavez, accompanied ... more Boeing sees China buying 3,710 planes over next 20 years 
New York (AFP) Oct 29, 2008US 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 
Hong Kong (UPI) Oct 29, 2008 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 
Beijing (AFP) Oct 29, 2008Chinese 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 |
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Khartoum (AFP) Oct 29, 2008The body of a fourth Chinese hostage was found in Sudan on Wednesday as two local staff for a Yemeni company were shot dead, exacerbating fears of growing insecurity for the country's oil industry. The recovery of the Chinese oil worker, one of a group of nine snatched in central Sudan 11 days ago, confirms Beijing's official death toll of four, although the circumstances of their killings ... more China struggling to meet environment goals: official 
Beijing (AFP) Oct 29, 2008China is having trouble meeting energy efficiency and pollution reduction goals, but the government remains determined to reach the targets, a top official said Wednesday. China has a target of reducing the amount of energy it consumes per unit of gross domestic product by 20 percent over the five years to 2010. It has also vowed to reduce sulfur dioxide emissions, a key air pollutant ... more China says coal addiction makes climate change fight hard 
Beijing (AFP) Oct 29, 2008China 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 
Sydney, Australia (SPX) Oct 29, 2008As 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
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satellite-biz
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