December 03, 2008 24/7 News Coverage the second hyperpower
US stands by refusal to sign cluster bomb ban
Washington (AFP) Dec 2, 2008
The United States said Tuesday it will refrain this week from signing a treaty in Norway to ban cluster bombs, because the document is too broad and endangers US soldiers. Some 100 countries will ban the use of such weapons when their delegates sign the Convention on Cluster Munitions on Wednesday in Oslo but major producers like the United States, China and Russia are shunning the pact. ... read more
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    Trust in Chinese food exports drops over milk scandal: state media
    Beijing (AFP) Dec 2, 2008
    International confidence in Chinese food exports has dived since the scandal erupted over contaminated milk in China, with dairy items the worst affected, state press reported on Tuesday. China exported just over 1,000 tonnes of dairy products in October, down 92 percent from a year earlier, the China Daily reported, quoting figures from the customs administration. In September ... more

    US, China set to grapple with economic growth concerns
    Washington (AFP) Dec 1, 2008
    The United States and China hold high level talks this week expected to be dominated by concerns whether China can maintain high growth rates at a time when global expansion has been dampened by financial turmoil. The two powers will hold their twice-yearly "strategic economic dialogue" on December 4-5 in Beijing, the last under the administration of President George W. Bush whose successor ... more

    China Launches Remote Sensing Satellite
    Jiuquan, China (XNA) Dec 02, 2008
    China launched a new remote sensing satellite "Yaogan IV" on Monday at the Jiuquan Satellite Launch Center in northwestern Gansu Province. The satellite will be used for scientific research, land resources surveying, crop yield estimate and disaster prevention and relief, according to its chief developer, China Academy of Space Technology. The satellite was launched on a Long March-2 ... more

    Some 100 countries to sign cluster bomb ban in Oslo
    Oslo (AFP) Dec 1, 2008
    Some 100 countries will ban the use of cluster bombs with the signing of a treaty Wednesday in Oslo but major producers such as China, Russia and the United States are shunning the pact. The treaty, agreed upon in Dublin in May, outlaws the use, production, transfer and stockpiling of cluster munitions which primarily kill civilians. "It's only one of the very few times in history that a ... more

    China scraps price control on foods
    Beijing (AFP) Dec 1, 2008
    China's top economic planning agency Monday removed price controls on grain and other food products that were imposed early this year when inflation was a bigger concern. Caps on the prices of grain, edible oil, meat, dairy products and eggs were lifted with immediate effect, the National Development and Reform Commission said on its website. Requirements on enterprises to submit price-r ... more

      farm
  • China says 294,000 children fell ill from tainted milk

    china
  • Dalai Lama calls for dealing firmly with China

    coalmine
  • 15 dead in China coal mine accident: state media
  •  
    Earth News, Earth Sciences, Climate Change, Energy Technology, Environment News  
    PolyU Gears Up For Sino-Russian Interplanetary Space Mission
    Hong Kong (SPX) Dec 01, 2008
    The Hong Kong Polytechnic University (PolyU) is working closely with the well-established Russian Space Agency in designing a state-of-the-art space tool which will be carried onboard a Russian spacecraft for the Red Planet in the 2009 Sino-Russian Space Mission - the first strategic interplanetary collaboration between China and Russia. This historical mission also marks the first ... more

    China executes Taiwan spy: daughter
    Beijing (AFP) Nov 28, 2008
    China 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, 2008
    The 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, 2008
    China'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

      china
  • Taxi drivers strike in south China: state media

    gas
  • Oil prices climb after China cuts rates

    china
  • Shanghai set to begin building China's tallest ever tower
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    Energy News - Technology - Business - Environment  
    Hu departs Greece with key port deal in the bag
    Athens, Greece (AFP) Nov 26, 2008
    Chinese President Hu Jintao completed Wednesday a three-day visit to Greece that bagged a key deal opening a major European gateway to Chinese products via the port of Piraeus. Hu oversaw Tuesday's deal that assigns the running of cargo facilities in Piraeus, one of the main ports in the eastern Mediterranean and Greece's largest, to Chinese port operators Cosco for 35 years. The Chinese ... more

    China warns of worse to come for its economy
    Beijing (AFP) Nov 27, 2008
    China's economy slowed further in November, the nation's top planner said Thursday, as he warned the government was being forced to act to avoid massive unemployment and social unrest. Zhang Ping, the minister in charge of the National Development and Reform Commission, made the sombre remarks at a briefing explaining recent measures to trigger domestic consumption and lift economic growth. ... more

    China to grow 10 percent in 2009 despite global crisis: government economist
    Beijing (AFP) Nov 30, 2008
    A 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, 2008
    China 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

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      economy
  • China losing competitive edge amid crisis: President Hu

    economy
  • Bank of China opens private bank business in Geneva

    economy
  • Stocks rise but grim economic news pours in
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