| November 10, 2008 |  |
the second hyperpower |
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Strong quake hits northwest China
Beijing (AFP) Nov 10, 2008A powerful 6.5-magnitude earthquake struck northwest China's Qinghai province Monday, shaking buildings hundreds of miles (kilometres) away and sending people into the streets, officials said. It hit at 9:22 am (0122 GMT) about 150 kilometres (100 miles) northeast of the major Qinghai city of Goldmud, the US Geological Survey said. China's official Xinhua news agency said there were no i ... more China rebuilds six months after quake, amid frustrations 
Beichuan, China (AFP) Nov 10, 2008Rebuilding work is in full swing in China's Sichuan province six months after the worst earthquake in a generation levelled entire towns, but for some families, help is slow and insufficient. The magnitude-8.0 earthquake that struck the southwest province on May 12, leaving nearly 88,000 people dead or missing, triggered one of the biggest relief efforts in Chinese history. ... more Chinese police probe two companies over toxic eggs: report 
Beijing (AFP) Nov 7, 2008Police in China are investigating two egg exporters after the toxic chemical melamine was discovered last month in their exports to Hong Kong, state media reported Friday. Investigators have been sent to Jingzhou Shuanggang Poultry Breeding and Processing Co. Ltd. and Jingshan Pengchang Agricultural Product Co. to track down the source of the contamination, the Beijing Times said. ... more Calm returns to southern Chinese city after anti-police riot 
Shenzhen, China (AFP) Nov 8, 2008Calm was restored to the southern Chinese city of Shenzhen on Saturday after thousands of rioters attacked police to protest the death of a motorcyclist, witnesses said. Anger flared when Li Guochao, 31, crashed into a lamppost after a local official threw a walkie-talkie at him as he sped away from a checkpoint, the city's public security bureau said in a statement. Protests, led by Li' ... more Singapore not ready for non-ethnic Chinese leader: PM 
Singapore (AFP) Nov 9, 2008Singapore, a multi-cultural state of over 3.5 million people, is not ready for a non-ethnic Chinese premier in the near future, Prime Minister Lee Hsien Loong said in remarks published Sunday. Lee made his remarks Saturday during talks with members of the local Malay community in response to a question of whether Barack Obama's election as the first black US President could be mirrored in Si ... more |
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Beijing (AFP) Nov 7, 2008Chinese Premier Wen Jiabao and a top UN official urged industrialised nations Friday to alter their lifestyles and not let the global financial crisis hamper climate change efforts. Industrialised nations should also help developing countries respond to climate change, Wen said at the opening of a two-day international meeting on global warming in Beijing. "The developed countries have a ... more Turning Oil Into Bullets Part Two 
Hong Kong (UPI) Nov 7, 2008 Alongside their military deals, the People's Republic of China and the South American nations of Venezuela and Brazil have been cooperating extensively in the oil industry. In May 2008 the Venezuelan News Press reported that China Petrochemical Corp., or Sinopec, was signing a billion-dollar contract with Venezuela's state-owned Petroleos de Venezuela -- PDVSA. The contract provides for ... more China's fiscal stimulus package good news for Australia: PM 
Sydney (AFP) Nov 10, 2008China's massive financial stimulus package, which will pour more than half a trillion dollars into its economy, was good news for Australia and the region, Prime Minister Kevin Rudd said Monday. Beijing Sunday announced a four trillion yuan (586 billion dollars) deal to counter the global financial crisis, which involves tax cuts and increased spending and is equal to some seven percent of g ... more Markets cheer Chinese economic stimulus plan 
Tokyo (AFP) Nov 10, 2008Asian stocks surged in early deals Monday, lifted by a Wall Street rally, a Chinese economic stimulus plan and a pledge by major economies to do what it takes to fight the financial crisis. Hopes were growing that world leaders would take further steps to ward off a deep global recession and calm months of market turmoil when they meet in Washington for an emergency summit at the weekend. ... more |
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Beijing (AFP) Nov 9, 2008China unveiled a multi-trillion yuan economic stimulus plan Sunday aimed at boosting domestic consumer demand in the face of flagging exports, as foreign markets contract in the global financial crisis. The measures were approved at a cabinet meeting chaired by Premier Wen Jiabao on Wednesday, state media said, and would increase spending on infrastructure and a range of other sectors amid ... more Taiwan president in historic meeting with Chinese envoy 
Taipei (AFP) Nov 6, 2008Taiwan's President Ma Ying-jeou made history Thursday when he met with a senior Chinese official as tens of thousands of anti-Beijing protesters brought the island's capital to a standstill. The protesters, mostly supporters of independence for the self-ruled island, crowded the plaza in front of the presidential office in central Taipei honking horns and waving placards against the visit of ... more Anti-China protests bring Taiwan capital to standstill 
Taipei (AFP) Nov 6, 2008The streets of central Taipei came to a standstill Thursday as tens of thousands of protesters chanted slogans and blew air horns to protest closer ties with China being promoted by their leaders. The demonstrators were determined to express their outrage at the presence of Chen Yunlin, Beijing's top negotiator on Taiwan affairs, who was heading a large delegation of Chinese officials and ... more Global crisis leaves mountains of cotton unsold in China: report 
Beijing (AFP) Nov 6, 2008Half of the autumn cotton harvest in northwest China's Xinjiang region remains unsold as demand from textile and garment makers has weakened amid the global slowdown, state media said Thursday. Planters in Xinjiang, China's largest cotton plantation area, are left with more than a million tonnes of unsold cotton, as bulging stockpiles have turned dealers into reluctant buyers, the Xinhua new ... more
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