November 25, 2008 | ![]() |
the second hyperpower |
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China's high prices boost Bangladesh garment exports![]() Bangladesh's garment industry is growing rapidly despite the global economic turmoil as China loses orders due to high prices and worldwide demand for cheap clothing soars. Nearly 5,000 apparel makers here initially sought government help when some top US and European buyers postponed and cut orders in the wake of the worst financial crisis since the 1930s Great Depression. But clothing ... more China's Xinhua publishes criticism of Dalai Lama ![]() China's state press Monday condemned the Dalai Lama and his followers for their "support of secession" in the first comments published in the country since Tibetan exiles decided to stick with a moderate China policy. Comments carried by the official Xinhua news agency condemned Tibet's exiled spiritual leader and others for their "continued support of secession by violent means while waving ... more China says southeast nuclear plant part of stimulus plan ![]() China National Nuclear Corp., the country's biggest nuclear reactor builder, said Monday it has begun building a plant in the southeast as part of the government's economic stimulus plans. The 100 billion-yuan (14.6 billion-dollar) plant in Fuqing in the province of Fujian will have six 1,000-megawatt reactors, the state-run company said in a statement. China announced a four trillion ... more Jordan, China sign nuclear protocol ![]() China on Monday signed a protocol with Jordan to help the tiny desert kingdom produce nuclear power to meet its growing energy needs and desalinate water, a senior official said. "China is going to assist Jordan in mining and enriching uranium as well as training and studies related to building a nuclear station," Khaled Tukan, head of the Jordan Atomic Energy Commission, told the state-run ... more Walker's World: Don't count on China ![]() As panic gripped the world markets again last week after U.S. Treasury Secretary Henry "Hank" Paulson decided to sit on his remaining $350 billion war chest and not buy any toxic mortgage assets, the only sign of relief came from China. The Beijing government's decision to pump $586 billion into new infrastructure investment appeared like manna from Keynesian heaven, a promise that ... more |
china
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![]() ![]() China has developed a sophisticated cyber warfare program and stepped up its capacity to penetrate US computer networks to extract sensitive information, a US congressional panel warned on Thursday. "China has an active cyber espionage program," the US-China Economic and Security Review Commission said in its annual report to the US Congress. "China is targeting US government and commercial ... more China angrily dismisses US congressional report ![]() China reacted angrily Saturday to a US congressional report that accused Beijing of developing sophisticated cyber warfare and militarising its space programme. The annual China report to Congress of the US-China Economic and Security Review Commission was aimed at misleading the public and impeding bilateral cooperation, foreign ministry spokesman Qin Gang said. "The commission has all ... more China, Russia pledge deeper cooperation ![]() Chinese President Hu Jintao and his Russian counterpart Dmitry Medvedev on Sunday pledged closer cooperation to face the world financial crisis, a Chinese spokesman said. "Both leaders agreed the world political and economic situation is experiencing great change and that the two sides must strengthen cooperation to face the current economic troubles," Chinese foreign ministry spokesman Liu ... more NKorea talks in China set for December 8: Rice ![]() The next meeting of the six-party talks seeking agreement on North Korea's nuclear disarmament will be held next month in China, US Secretary of State Condoleezza Rice told reporters Sunday. En route from the Asia-Pacific Cooperation summit in Lima, Rice said the meeting would be held December 8 in China. "The goal is to get agreement ... on North Korea's nuclear disarmament," she said. ... more |
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![]() ![]() More than 100 primary school students in south China were taken to hospital after they inhaled gas emitted by an illegal refinery nearby, a local official and state media said Friday. The sulphurous gas escaped at about 9:00 am (0100 GMT) Thursday in Zengcheng city, Guangdong province, Tang Jianning, an official dealing with emergency affairs at the city government, told AFP by telephone. ... more EMCORE Deploys First CPV System In China ![]() EMCORE has announced its deployment of a concentrator photovolataics (CPV) system in China with the XinAo Group, one of China's largest energy companies. As part of an earlier agreement, the 50 kilowatt (kW) test and evaluation system is fully installed and operational, and is producing power in accordance with specifications. EMCORE and XinAo continue to have discussions regarding the pos ... more Villagers clash with mining company in China: report ![]() A protest by villagers in southwest China over a mining company led to injuries and damaged cars, a local newspaper reported Sunday, in the latest spell of unrest in the country. The inhabitants of a village in Chongqing municipality clashed with personnel from the Zhongyuan Mining Company on Friday, according to a report from the Chongqing Evening News posted on popular web portal sina.com. ... more Chinese coal miner pays 186 mln dlrs for Australia exploration licence ![]() China Shenhua Energy, the country's largest coal miner, said Friday it had paid 299.9 million Australia dollars (185.7 million US dollars) for a coal exploration licence in Australia. The 190-square-kilometre project, located in New South Wales state, is estimated to contain more than one billion tonnes of coal, the company said in a statement with the Shanghai Stock Exchange. ... more
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