| January 29, 2009 | ![]() |
the second hyperpower |
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Raytheon To Upgrade Taiwan Patriot Batteries
Tewksbury MA (SPX) Jan 28, 2009Raytheon has received a $154 million Foreign Military Sales contract award to upgrade Taiwan's Patriot Air and Missile Defense Systems. The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., issued the contract that includes upgrade kits for radar and command and control components, a radar refurbishment, and related engineering and technical services. "Upgrading Patriot ... more Clinton calls for 'comprehensive dialogue' with China
Washington (AFP) Jan 27, 2009US Secretary of State Hillary Clinton called Tuesday for "a comprehensive dialogue" with China, saying president George W. Bush's administration focused too much on economic issues. "We need a comprehensive dialogue with China," Clinton told her first news briefing since she took charge of US foreign policy last week on behalf of President Barack Obama. "The strategic dialogue that was ... more Chinese premier ready to work with Europe
Geneva (AFP) Jan 27, 2009Chinese premier Wen Jiabao signalled after a meeting with Swiss President Hans-Rudolf Merz Tuesday that China was ready to work with Europe to restore confidence on plunging global financial markets. "China is ready to cooperate with Europe and Switzerland in order to restore confidence on international markets," he said in remarks reported by the Swiss news agency ATS. The Chinese ... more China to begin projecting military around the world: analysts
London (AFP) Jan 27, 2009China is likely to begin deploying its military increasingly further from its borders, analysts at a top thinktank said on Tuesday. The Asian power was also unlikely to constrain its defence budget because of an economic downturn that has left the World Bank forecasting the slowest pace of growth in China since 1990, the analysts at the International Institute for Strategic Studies said. ... more WHO says no evidence of China bird flu epidemic
Beijing (AFP) Jan 27, 2009The World Health Organisation said Tuesday there was no evidence of a bird flu epidemic in China after a fifth person died of the disease this month, but urged caution over the Lunar New Year holiday. An 18-year-old man succumbed to the deadly H5N1 strain of the virus Monday, bringing to five the number of fatalities from the disease so far this year in China, compared to just three in the ... more |
farm
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Geneva (AFP) Jan 27, 2009Switzerland and China on Tuesday agreed to examine a free trade deal and bolster protection for their investors, the Swiss government announced after a meeting with Chinese premier Wen Jiabao. Wen and Swiss President and Finance Minister Hans-Rudolf Merz also discussed the current global financial crisis as well as human rights and cooperation on science and technology, the Swiss federal ... more Honda slashes output again -- but boosts China
Tokyo (AFP) Jan 27, 2009Honda Motor Co. said Tuesday it would roll back production further in Japan and North America but step up output in China, where demand is still growing despite the global economic crisis. Shares in Japan's second largest automaker rallied on the production news in China, soaring 9.3 percent in Tokyo to end at 2,125 yen, outperforming the benchmark Nikkei index's rise of 4.93 percent. ... more China's oil product imports more than doubled in 2008: state media
Beijing (AFP) Jan 27, 2009China's imports of oil products more than doubled last year as the nation's own producers were forced to scale down their activity, state media reported Tuesday. Beijing imported 14.7 million tonnes of oil products, including gasoline, diesel oil and kerosene, in 2008, up 107.4 percent from the year before, the Xinhua news agency said, citing the China Petroleum and Chemical Association. ... more China 'regrets' WTO ruling but vows cooperation on IPR
Beijing (AFP) Jan 27, 2009China on Tuesday expressed regret over a World Trade Organisation ruling that backed the United States in a copyright protection dispute, but pledged to cooperate with other countries on the issue. "As we continually strengthen domestic intellectual property rights, we will continue to promote international exchanges and cooperation on IPR and promote the healthy development of global trade ... more |
superpowers
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Leeds, UK (SPX) Jan 27, 2009Global grain markets are facing breaking point according to new research by the University of Leeds into the agricultural stability of China. Experts predict that if China's recent urbanisation trends continue, and the country imports just 5% more of its grain, the entire world's grain export would be swallowed whole. The knock-on effect on the food supply - and on prices - to develo ... more Year of Ox marks first lunar new year for 'black' Chinese SAfricans
Johannesburg (AFP) Jan 26, 2009South Africa's Chinese community welcomed the Year of the Ox with feisty lion dances and ear-thumping firecrackers, but the 2009 Lunar New Year holds a deeper significance beyond festivities. Monday marks the first new year since Chinese South Africans were classified black in a landmark ruling that recognised they had suffered racial inequality under the country's former white rule. For ... more Panda mania sweeps Taiwan
Taipei (AFP) Jan 26, 2009Thousands of people flocked to Taiwan's main zoo Monday as a pair of giant pandas given to the island by China in a sign of improving ties between the rivals made their much-anticipated public debut. More than 6,000 visitors braved a cold, drizzly Lunar New Year's Day morning to get a glimpse of four-year-old Tuan Tuan and Yuan Yuan at the Taipei Zoo, officials there said. A total of 22, ... more Walker's World: Why wealth is power
Washington (UPI) Jan 26, 2009 The Obama administration is suddenly confronted with a most unusual conundrum: Developments that are evidently bad for the global economy might also, at least in the short term, be good for the strategic interests of the United States. The economies of China and Russia have run into serious trouble, battered by the global recession. That saps the confidence of their leaders, narrows the ... more
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economy
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