| December 01, 2008 |  |
the second hyperpower |
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China executes Taiwan spy: daughter
Beijing (AFP) Nov 28, 2008China on Friday executed a scientist accused of passing information to Taiwan, his daughter told AFP, amid strong condemnation from the United States. Wo Weihan, a 59-year-old medical scientist, was executed Friday morning, his daughter Ran Chen, an Austrian citizen married to an American, said. "I found out through the Austrian embassy," a distressed Chen said by telephone. The Unit ... more Africa worried over China slowdown 
Addis Ababa (AFP) Nov 27, 2008The African Union's top executive on Thursday expressed his concern over the prospect of an economic recession in China, a key trade partner and investor for the continent. China's economy has slowed sharply in recent months amid the global downturn and the World Bank has forecast growth of 7.5 percent for next year, down from 12 percent last year and the slowest expansion in nearly two deca ... more Angry China flexing muscle with Europe over Tibet: analysts 
Beijing (AFP) Nov 27, 2008China's unprecedented decision to cancel a summit with the European Union over Tibet shows an increasing willingness for Beijing to flex its ever-strengthening global muscle, analysts said Thursday. The China-EU summit, due to take place on Monday in France, was called off at the last minute by the Asian giant, which said it was unhappy at French President Nicolas Sarkozy's plans to meet the ... more Taxi drivers strike in south China: state media 
Beijing (AFP) Nov 29, 2008Hundreds of taxi drivers went on strike in two southern Chinese cities, state media reported Friday, in the latest work stoppage by cabbies this month. The taxi drivers had rallied in Chaozhou and Jieyang in the southern province of Guangdong for at least two days, demanding the government crack down on unlicensed cabs, the official Xinhua news agency reported. In Chaozhou, where drivers ... more Oil prices climb after China cuts rates 
New York (AFP) Nov 26, 2008World oil prices rebounded Wednesday after Chinese and European moves to fight the global economic downturn eased fears of a deeper crisis that cuts energy demand. The market was also supported by the prospect of a possible OPEC output cut when the crude exporters' cartel meets this weekend in Cairo. Light sweet crude for January climbed 3.67 dollars to close at 54.44 dollars a barrel on ... more |
china
 trade  economy  |
Beijing (AFP) Nov 30, 2008A senior Chinese government analyst has forecast 10 percent growth in the nation's economy in 2009, state media reported Sunday, a far higher figure than most other predictions. The main reason is China's ability to provide its own growth momentum, Xinhua news agency reported, citing Zhang Liqun, an economist with the Development Research Centre, a cabinet think tank. "Although the dim ... more China postpones talks with Airbus: spokesman 
Paris (AFP) Nov 27, 2008China has postponed talks on finalising a deal with Airbus for 150 passenger planes after Prime Minister Wen Jiaboa scrapped his visit to France, a spokesman for the European aircraft maker said Thursday. But the spokesman said there were no indications that Beijing would back out of the contract for the 110 A320 medium-haul planes and the bigger 40 A330s carriers. China, angry over ... more China losing competitive edge amid crisis: President Hu 
Beijing (AFP) Nov 30, 2008President Hu Jintao has warned China's economy is losing its competitive edge amid the ongoing global financial crisis, state media reported Sunday. Hu made the downbeat remarks Saturday at a meeting of the Communist Party's elite Political Bureau, according to party mouthpiece the People's Daily. There is a clear slowdown in global economic growth, with a marked weakening in external ... more Bank of China opens private bank business in Geneva 
Geneva (AFP) Nov 28, 2008Bank of China on Friday said it has opened a private bank and institutional asset management arm in Switzerland, marking the group's first step in the private banking business abroad. Kenneth Ge, who chairs Bank of China (Suisse) SA, told reporters in Geneva that BOC had only begun offering private banking services in China last year, but the group was now already looking at expanding abroad ... more |
economy
 gps  forest  |
Beijing (SPX) Nov 27, 2008Technology company The Linde Group announced the award of three new multi-million US-dollar (USD) contracts to capture more than 50 percent of the thin film photovoltaic (PV) market in China. The agreements are bolstering the company's position as the world's largest supplier of bulk and specialty gases to the thin film PV industry. The Linde Group's local subsidiary, Linde LienHwa has ... more Far from home, Medvedev finds China a looming presence 
Lima (AFP) Nov 25, 2008As President Dmitry Medvedev takes Russian assertiveness to Washington's doorstep on a tour of Latin America, analysts point out an uncomfortable truth: China is stealing the show. The 43-year-old leader was relentlessly upbeat as he met other heads of state at a weekend forum of Asia-Pacific leaders in Peru, exhorting Russian journalists following his punishing itinerary: "For those that ... more China defiant on product safety record 
Beijing (AFP) Nov 25, 2008China on Tuesday laid part of the blame for poor product safety on foreign companies whose designs were flawed, as millions of parents around the world prepared to buy Chinese-made toys for Christmas. In a defiant response to a reporter's question on toy safety, foreign ministry spokesman Qin Gang said China took product safety seriously but toy producers in the country should also be ... more China to build second rail line into Xinjiang: state media 
Beijing (AFP) Nov 25, 2008China will spend more than 17 billion dollars building a second rail line into its Muslim-populated and resource-rich far northwest Xinjiang region, state press reported Tuesday. Work on the railway further linking Xinjiang with the rest of China will begin next year with the new line to run alongside the existing 1,892-kilometre (1,173-mile) one, Xinhua news agency said. Xinjiang is ... more
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trade
 superpowers  farm  |
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