November 06, 2008 24/7 News Coverage the second hyperpower
China's Space Industry Takes Off
Beijing (XNA) Nov 06, 2008
China put another two satellites into orbit on Wednesday, just weeks after its third successful manned space mission and the first space walk by Chinese astronauts in September. The space industry is taking off, thanks to the 30-year-old Reform and Opening-up Drive, said Zhou Jianping, chief designer of the manned space program. China established its space sector in the 1950s, an ... read more
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    China Puts Two Satellites Into Orbit
    Jiuquan, China (XNA) Nov 06, 2008
    China on Wednesday morning put two satellites into orbit after they were successfully launched from the Jiuquan Satellite Launch Center in northwest China. Chuangxin 1-02 and Shiyan Satellite 3 were launched on a Long March 2D carrier rocket. The smaller satellite, the Chuangxin 1-02, developed by the Chinese Academy of Sciences, will be used to collect and relay hydrological and ... more

    Sharpest Telescope Heralds China's Ambition In Deep Space Quest
    Beijing (XNA) Nov 06, 2008
    A giant surrealistic tower, erratically skewed, points at the sky on top of a 960-meter hill 170 kilometers northeast of Beijing. The white structure, with a wide dome at its lower end, looks more like a missile silo. Chinese scientists have built the world's most powerful optical telescope in a research base of the National Astronomical Observatories, Chinese Academy of Sciences (NAOC) ... more

    China envoy in Taiwan trapped in hotel by protesters
    Taipei (AFP) Nov 6, 2008
    Taiwan pro-independence activists early Thursday scuffled with police outside a hotel in Taipei where visiting Chinese envoy Chen Yunlin was enjoying a banquet in his honour, trapping him inside. Chen, the most senior Chinese official to visit the self-ruled island in 60 years, finally left the Regent Hotel in the early hours after police struggled to keep back more than 2,000 protesters ... more

    Raytheon Awarded Contract For Standard Missile-2 Production
    Tucson AZ (SPX) Nov 06, 2008
    U.S. Naval Sea Systems Command awarded Raytheon a $422 million production contract for Standard Missile-2 Block IIIA and Block IIIB missiles. Raytheon will provide SM-2 missiles to the U.S. Navy, Taiwan, the Republic of Korea and Japan. The SM-2 employs dual-mode infrared and radio frequency guidance to defeat target countermeasures. The SM-2 has demonstrated success against supersonic ... more

    China vows closer Latin American ties ahead of Hu visit
    Beijing (AFP) Nov 5, 2008
    China vowed closer trade, energy and military ties with Latin American and Caribbean countries in a policy paper released on Wednesday ahead of a planned trip to the region by President Hu Jintao. Although the paper contained few specifics, China pledged to pursue a "comprehensive and cooperative" partnership with a region that has traditionally been viewed as falling under US diplomatic ... more

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    China Exploring Various Oil For Arms Deals
    Hong Kong (UPI) Nov 5, 2008
    The People's Republic of China has been making extensive efforts to penetrate the Middle East and Africa, especially by trading arms for oil. In recent years China also has stepped up its efforts to acquire oil from Central and South America, again offering weapons in exchange, as well as space technology. Its top targets are Venezuela and Brazil. Last month Venezuela sent its ... more

    CSIRO Strengthens Scientific Relationship With China
    Canberra, Australia (SPX) Nov 06, 2008
    CSIRO Exploration and Mining has signed an historic Relationship Agreement with the China University of Mining and Technology (CUMT). The signing follows years of close collaboration between the division and the University including, technical discussions and information exchange in coal mine science and technology in Beijing, Xuzhou and Brisbane. "The agreement formalises an already ... more

    China top target for computer attacks: Microsoft
    San Francisco (AFP) Nov 3, 2008
    Chinese computer users have become chief targets for online criminals, according to a security report released Monday by Microsoft. The global software giant's latest assessment of threats and vulnerabilities reveals that attackers favor hiding malicious programs in seemingly innocent Web browser applications and that China is their preferred target. "The majority of (exploits) we are ... more

    Taiwan's anti-China ex-president accuses incumbent of sedition
    Taipei (AFP) Nov 4, 2008
    Taiwan's former president Chen Shui-bian Tuesday demanded an official investigation into his successor Ma Ying-jeou and a senior Chinese envoy on charges of "sedition". Ma's government signed historic agreements with Chen Yunlin, who arrived in Taipei representing Beijing's Association for Relations Across the Taiwan Strait, aimed at bringing the two former enemies closer after 60 years of ... more

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    55 sentenced over Tibet unrest: state media
    Beijing (AFP) Nov 5, 2008
    Sentences have been handed down so far to 55 people involved in a March 14 anti-China riot in Tibet's capital Lhasa, state media reported Tuesday, quoting a senior Tibetan official. Baema Cewang, vice-chairman of the regional government, reportedly disclosed the figure during a meeting with Michael Andrew Johnson, a visiting member of the Australian House of Representatives, Xinhua news ... more

    Chinese savers fear pension won't be enough: survey
    Beijing (AFP) Nov 4, 2008
    Eight out of 10 Chinese save money and reduce spending because they do not trust the government to help out when they retire or if they fall sick, according to a survey published Tuesday. In an online survey covering 6,919 people, 81.8 percent of the respondents said they had to save money for retirement because they had little confidence in the pension system, the China Youth Daily said. ... more

    China plane-makers take first steps to rival global giants
    Zhuhai, China (AFP) Nov 4, 2008
    China's fledgling aerospace industry took a major leap forward Tuesday at the nation's only international air show as it announced its first sale of commercial aircraft to a US company. The Commercial Aircraft Corporation of China (CACC) confirmed the sale of five homemade jets to the aircraft leasing arm of General Electric with an option for the firm to buy 20 more, the two companies said ... more

    China expects iron ore price cut amid falling demand: report
    Beijing (AFP) Nov 4, 2008
    China expects international iron ore prices to plummet next year amid falling demand from its steelmakers stung by the global economic downturn, state media reported Tuesday. "China's iron ore inventory at harbours and enterprises has reached 89 million tonnes, which is at saturation levels," said Luo Bingsheng, vice chairman of the China Iron and Steel Association, according to the ... more

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