December 17, 2008 | ![]() |
the second hyperpower |
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NKorea to remove 'paper companies' from economic zone![]() North Korea is set to remove inoperative foreign companies from a faltering special economic zone, officials said Tuesday, following a report that some Chinese firms have already been told to leave. South Korea's unification ministry said the North in October conducted a probe into companies that exist only on paper but do not invest in the Rajin-Sonbong zone. The zone was created in ... more China defends censoring websites that break rules ![]() China defended Tuesday the blocking of websites it said violated Chinese law and urged Internet companies to respect its legal system. "The Chinese government conducts necessary management over the Internet. It is the same with other nations," foreign ministry spokesman Liu Jianchao told journalists. "You cannot deny, some websites actually contain content that violates China's laws." ... more China celebrates, and suffers, in 2008 ![]() China entered 2008 with high hopes of basking in an Olympic glow, but the past 12 months were a rocky and traumatic ride that showed its path to global superpower status would not always be smooth. Even as the world's most populous nation continued its seemingly inexorable economic rise, violence in Tibet and a devastating earthquake in the southwest were just some of the crises that left it ... more China still open to Tibet dialogue: govt ![]() China said on Tuesday it was still open to dialogue with representatives of exiled Tibetan spiritual leader the Dalai Lama, after the United Nations chief urged Beijing to continue the talks. But, repeating its long-held position, China insisted that making headway in the negotiations was up to the Dalai Lama. "The Chinese government... always expresses sincerity towards the contacts and ... more Sarkozy should not use 'European values' in Tibet row: China ![]() China on Tuesday told French President Nicolas Sarkozy not to use the pretext of "European values" to interfere in its rule of Tibet. Sarkozy incensed China by holding talks with the exiled Tibetan spiritual leader the Dalai Lama in Poland this month, prompting Beijing to scrap a European-China summit and threaten trade ties with France. "We have noted that President Sarkozy has expressed ... more |
epidemics
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![]() ![]() Nuclear power plays a major role in the US energy industry as the country, after coal and natural gas, produces its maximum amount of electricity from nuclear power plants. Oil and hydropower are the next biggest sources of energy. But the US heavily depends on imported uranium for its nuclear power industry. And with China, India and Russia planning for massive deployments in nuclear ... more China regrets WTO decision on auto parts ![]() China expressed regret Tuesday over a World Trade Organisation ruling that its tariffs on imported car parts were not in line with global rules, and refrained from saying it would comply. Commerce ministry spokesman Yao Jian said Beijing welcomed sections of the WTO ruling on imported car kits, but was unhappy its appeal on imported parts was turned down. "We express our regret over the ... more China outlines plan to fight global economic crisis ![]() Chinese Prime Minister Wen Jiabao outlined Tuesday his government's plan to fight the global economic downturn and spur growth, in a meeting with the visiting World Bank chief, the government said. "Our efforts to expand domestic demand are being linked up with overall economic growth, social development and the improvement of living standards," the foreign ministry quoted Wen as saying in ... more China economic growth could slow to near 20-year low: economists ![]() China's economy could end 2008 with its weakest growth in nearly two decades, economists said Tuesday, following the release of data for November that was far worse than expected. A string of stimulus measures are likely to not fully kick in until the second or third quarter of 2009, making the last quarter of this year and the following three months the toughest to pull through, they said. ... more |
launchers
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![]() ![]() Nations negotiating nuclear disarmament with North Korea will continue providing energy aid in coming weeks despite the failure of the latest round of multilateral talks, South Korea said Monday. Russia is pushing to provide 50,000 tons of fuel oil and China plans to deliver 99,000 tons by the end of January to complete their shares of the assistance, said foreign ministry spokesman Moon ... more China and Taiwan celebrate launch of direct flights ![]() China and Taiwan launched direct daily flights, postal and shipping services on Monday in a historic move hailed by both sides as cementing a new era in warm ties between the long-time rivals. The direct links ended the tedious and costly delays of having to go via a third party's air space or territorial waters, while also providing one of the most tangible benefits of a dramatic ... more Angola president off to China in search of investment ![]() Angolan President Jose Eduardo dos Santos flew to China on Monday in search of further financial investment for his oil-rich southern African state, a government official said. Dos Santos' trip to China, his second in five months to one of Luanda's top economic partners, comes as Angola is being forced to re-evaluate its budgetary plans following the drop in oil prices. "The president is ... more China's president warns of 'grim' job market: state media ![]() China's President Hu Jintao warned that the country faced a "grim" jobs situation next year, state media reported Monday, as Asia's second biggest economy continues to slow. "Next year's employment situation, impacted by the global financial crisis, will be extremely grim," Hu said during a weekend visit to the northeastern province of Liaoning, the official People's Daily reported. ... more
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trade
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