| November 20, 2008 |  |
the second hyperpower |
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Damaged Nigerian satellite can't be recovered: officials
Lagos (AFP) Nov 12, 2008A Nigerian satellite hailed at its launch last year as the vanguard of an African communications revolution has failed and cannot be recovered, officials said on Wednesday. The satellite -- which was launched to provide phone, broadband Internet and broadcasting services to rural Africa - was switched off last week due to a battery charging problem. "We don't think we can recover it," a ... more US food and drug watchdog sets up in China 
Beijing (AFP) Nov 19, 2008The US Food and Drug Administration opened its first offices outside the United States here on Wednesday as part of plans to increase Chinese imports despite recent safety scandals. "A permanent FDA presence in China will help us address the challenges presented by globalisation," FDA commissioner Andrew von Eschenbach told journalists at the opening of the Beijing branch. "We look ... more Tear gas used on axe-wielding rioters in China: witnesses 
Beijing (AFP) Nov 19, 2008Security forces in northwest China used tear gas to quell two days of violent protests by thousands of people who used axes, chains and iron bars to attack police, witnesses and officials said Wednesday. At least 60 people, including police and officials, were injured during the riots, according to a statement on the government website of Longnan city in Gansu province, where the violence ... more China to build new oil, gas pipeline across Myanmar: state media 
Beijing (AFP) Nov 19, 2008China flagged Wednesday it would build a pipeline into Myanmar in a project that would give it easier energy access but also potentially raise concerns about its links with the nation's ruling junta. Work on the oil and gas line will begin in southwest China's Yunnan province in the first half of 2009, the state-run China Daily reported, indicating a project that has been in the planning ... more China now largest holder of US Treasury bonds 
Shanghai (AFP) Nov 19, 2008China is now officially the US government's largest foreign creditor after overtaking Japan, in a development that signals Washington's increasing reliance on Beijing to save its economy. China became the largest foreign holder of US Treasuries, owning 585 billion dollars worth as of September, according to US Treasury Department figures. But, analysts warned Wednesday, neither country ... more |
economy
 gas  superpowers  |
Beijing (AFP) Nov 18, 2008China Tuesday called allegations that it bought US military space technology from a Chinese-born physicist a complete fabrication made with ulterior motives. "This so-called report about China stealing outer space technology from the United States is a sheer fabrication made out of ulterior motives that is doomed to failure," foreign ministry spokesman Qin Gang told journalists. ... more Hong Kong cargo ship hijacked off Yemen coast 
Hong Kong (AFP) Nov 18, 2008A Hong Kong-registered cargo ship was hijacked on Tuesday by pirates off the coast of Yemen and was believed to be heading for Somalia, government and military officials said. The cargo ship Delight was carrying 25 crew members and 36,000 tonnes of wheat when it was attacked on Tuesday afternoon in the Gulf of Aden as it headed for the Iranian port of Bandar Abbas, the Chinese state-run news ... more Tibetan exiles review tactics against Chinese rule 
Dharamshala, India (AFP) Nov 18, 2008Tibetan exiles worked Tuesday to hammer out a new strategy for their fight against Chinese rule in the region, after the Dalai Lama called for fresh guidance from his followers. More than 500 prominent Tibetans have gathered at the government in exile's base in northern India to debate whether to ditch the Dalai Lama's push for "meaningful autonomy" in favour of a demand for full independence ... more China condemns hijacking of fishing boat off Somalia coast 
Beijing (AFP) Nov 18, 2008China Tuesday condemned the hijacking of a Chinese fishing boat off the coast of Somalia and said it is working to rescue of the 24-man crew. "The relevant Chinese departments are actively conducting rescue work," foreign ministry spokesman Qin Gang said, giving no further details. "We condemn all piracy and abduction at sea." The boat, which belongs to the Tianjin Ocean Fishing Company ... more |
china
 china  economy  |
Shanghai (AFP) Nov 18, 2008Chinese regulators are pushing insurers to invest in building projects, state energy providers and resource companies to help prop up economic growth. The China Insurance Regulatory Commission also repeated its appeal from last month for insurers to put more money into capital markets to help stability, according to a statement issued late Monday. Beijing announced a four trillion yuan ... more China defends investments in DR Congo 
Beijing (AFP) Nov 18, 2008China on Tuesday defended its presence and investments in the Democratic Republic of Congo after a rebel leader there demanded commercial contracts between the two nations be reviewed. "China's business activities and investment programmes in DR Congo are based on mutual benefit and joint development," foreign ministry spokesman Qin Gang told reporters. "Chinese companies, apart from ... more 32 workers rescued from flooded mine: state media 
Beijing (AFP) Nov 18, 2008Thirty-two workers were rescued from a flooded coal mine in China on Tuesday after being trapped for nearly a day, while the boss was being probed for running an illegal operation, state media reported. The workers were lifted out of the flooded shaft in Henan province shortly after 6:00 am (2200 GMT Monday), almost 24 hours after the accident occurred, and all were in stable condition in ... more Chinese official asserts right to build carrier: report 
London (AFP) Nov 17, 2008A top Chinese military official asserted his country's right to build an aircraft carrier in a British newspaper interview Monday, without commenting directly on whether it had decided to do so. Major General Qian Lihua, director of the Foreign Affairs Office at the Chinese Ministry of National Defence, told the Financial Times that if China did build a carrier, it would only be used for ... more
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