| December 05, 2008 |  |
the second hyperpower |
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De facto US envoy believes Obama won't change Taiwan policy
Taipei (AFP) Dec 4, 2008The de facto US envoy to Taipei said Thursday he believes President-elect Barack Obama will not change Washington's policy on Taiwan since its "consistency" has aided the island's recent prosperity. Stephen Young, director of the American Institute in Taiwan, underscored the importance of consistency in Washington's relationship with the island, which Beijing regards as part of its territory ... more China lacks moral authority to be a superpower: Dalai Lama 
Brussels (AFP) Dec 4, 2008China lacks the moral authority, including over the question of Tibet, to be a true superpower, the Dalai Lama said Thursday during a European tour that has angered Beijing. After addressing the EU parliament in Brussels, the Tibetan spiritual leader said China "deserves to be a superpower" given its huge population and economic and military strength. "Now one important factor is moral ... more Six-party nuclear talks set to go ahead: minister 
Seoul (AFP) Dec 4, 2008Six-nation talks on scrapping North Korea's nuclear programme are expected to resume Monday as scheduled even though host China has not confirmed the date, South Korea's foreign minister said Thursday. "Since the six parties have all agreed to resume the talks on December 8, I expect them to resume as scheduled," Yu Myung-Hwan told a briefing. The US and North Korean nuclear envoys ... more US, China vow economic teamwork amid currency tensions 
Beijing (AFP) Dec 4, 2008China and the United States vowed Thursday at a top-level meeting in Beijing to cooperate in tackling the global economic crisis, even as they sparred over Chinese exchange rate reform. Following a recent weakening of China's currency, the yuan, US Treasury Secretary Henry Paulson's team pressured their hosts on the contentious issue on the first day of their twice-yearly Strategic Economic ... more China tells US to make sure Beijing's investments are safe 
Beijing (AFP) Dec 4, 2008China's top envoy to high-level economic talks with the United States urged Washington Thursday to make sure Chinese investments in the US economy were safe. "We hope the US side will adopt every necessary measure to stabilise its economy and financial markets and ensure the safety of China's assets and investment in the United States," Vice Premier Wang Qishan said. He made the remark ... more |
trains
 nuclear-civil  miltech  |
Hong Kong (UPI) Dec 2, 2008 Ukraine and China have been engaged in negotiations on the joint design of a large military transport aircraft, according to sources in Ukraine's Antonov Aircraft Co. The agreement was expected to be signed this month, with the aircraft project to begin soon afterward. According to a source in the Ukrainian military industry, the basic design concept of the aircraft already has been fin ... more Taiwan rules out signing peace accord with China any time soon 
Taipei (AFP) Dec 3, 2008Taiwan's President Ma Ying-jeou said Wednesday Taipei and Beijing would not strike a peace agreement any time soon because the two sides were concentrating on solving practical problems. "Over the last six months, we have aimed at issues which are relatively easier ones," Ma told a meeting of foreign journalists in Taipei. "As to signing a peace agreement, both sides have this issue in ... more New wealth stirs Chinese interest in horse-riding 
Beijing (AFP) Dec 3, 2008For Shi Qi, the 35-year-old owner of a Beijing door factory, there is one haven for peace and quiet in an otherwise stressful existence: horse-riding. When he visits his plant on the outskirts of the capital, which he does nearly every day, he also stops by the Equuleus Horse Riding Club to mount one of his three thoroughbreds. "Horses are a hobby for me, not an investment object," said ... more EU targets Chinese soy imports in new melamine scare 
Brussels (AFP) Dec 3, 2008The European Union (EU) decided on Wednesday to extend restrictions on Chinese food imports after high levels of the toxic chemical melamine were found in soya products. After banning Chinese milk products in September, the 27-nation bloc has now decided to prohibit imports of Chinese food containing soya that is destined for infants or small children, the European Commission said. ... more |
china
 economy  trade  |
Hong Kong (AFP) Dec 3, 2008The head of China's sovereign wealth fund said Wednesday he had lost confidence in western financial institutions during the global economic crisis and would not be investing in them, a report said. Lou Jiwei, the chairman and chief executive of China Investment Corp (CIC), said the fund would now avoid investing in banks and other groups because of "uncertain" foreign government policies ... more US stands by refusal to sign cluster bomb ban 
Washington (AFP) Dec 2, 2008The 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. ... more Trust in Chinese food exports drops over milk scandal: state media 
Beijing (AFP) Dec 2, 2008International 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, 2008The 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
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