February 02, 2009 | ![]() |
the second hyperpower |
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Ballistic Missile Proliferation Part Four![]() The spread of ballistic-missile technology has followed a classic proliferation pattern. Russia shared relevant technologies with the People's Republic of China, which then shared them with North Korea, which in turn shared them with Pakistan and Iran. Russia, China and North Korea remain contributors to the ballistic-missile efforts of more recent acquirers. Because the regional powers ... more China Finds Milplex Opportunities In Africa Aplenty Part Two ![]() The Angolan army is in contact with Chinese defense manufacturer Norinco, seeking to buy heavy artillery, armored vehicles and ammunition. China already has been supplying an extensive range of light weapons and ammunition to Zimbabwe and Angola. African military sources told United Press International that Norinco recently exported a number of 155mm howitzers to North African ... more Obama, Hu pledge to work for more positive ties ![]() President Barack Obama and China's President Hu Jintao have agreed to forge "more positive" ties between their giant nations in their first telephone call since the US leader came to power, a White House spokesman said Friday. White House spokesman Robert Gibbs said that Obama and Hu spoke Friday morning US time of their "intention to build a more positive and constructive US-China relations ... more China warns 2009 could be 'toughest year' for farm policies ![]() China's government Sunday warned 2009 could be the "toughest year" since the turn of the century for development of the countryside, which has fallen behind as reforms favoured the cities, state media reported. Rural unemployment is high, and the situation has been exacerbated by the global economic crisis as at least six million migrant workers have been laid off from companies in the ... more Bad weather blights post-holiday rush in China: state media ![]() Heavy fog added to the severe strain on China's overburdened rail and road systems Sunday as millions headed back to work after the Lunar New Year holiday, state media reported. The fog caused flights to be cancelled and closed down expressways in east and central China on Saturday, delaying the return of thousands of people at the end of the week-long break, Xinhua news agency said. ... more |
disaster-management
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![]() ![]() Bond market tensions have been rising since the inauguration of President Barack Obama, highlighting worries about the new administration's plans for massive debt issuance and a tough stand on trade with China. An unusual jump in bond yields could mean the US government will be forced to pay higher rates on the trillions of dollars in new bonds to finance economic rescue efforts, or worse ... more New Airbus joint-venture with China announced ![]() European aeronautics giant Airbus announced Friday that it is to create a new joint venture to produce parts and composite materials in China. "Airbus and a group of Chinese industrial partners today signed a contract which will lead to a juoint-venture production centre in Harbin, China," the group said in a statement. "This centre will produce parts and composite elements due for use ... more Global crisis hits China's huge Yiwu market, but optimism remains ![]() The global financial crisis has started to weave its way into Yiwu, the world's largest wholesale market for small consumer goods, but the city in east China still nurtures expansion plans. With a population of just under two million people, Yiwu's business revolves around a huge building of 62,000 stalls containing umbrellas, socks, toys, electronics, zips and other goods -- all spread out ... more First China-assembled Airbus set for May test flight: report ![]() China's first domestically assembled Airbus A320 is set for a May test flight, state media reported Sunday, quoting a government official. The test will be carried out near the northern city of Tianjin, where Airbus has operated an assembly plant since last year, Xinhua news agency said, quoting Feng Zhijiang, an executive at the Tianjin Free Trade Zone. A special runway is being ... more |
trade
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![]() ![]() China plans to provide clean water for 60 million people in 2009, addressing one of the main public health issues facing the vast nation, state media said Wednesday. Currently, more than 200 million Chinese do not have access to safe drinking water, down from 379 million in late 2000, the Xinhua news agency reported, citing government data. Rapid economic growth has severely curtailed ... more Wen and Putin lash out at US over economic crisis ![]() Chinese and Russian leaders Wen Jiabao and Vladimir Putin on Wednesday blamed the United States for causing the global economic crisis on a gloomy first day of the Davos forum. Both called for a new attitude by President Barack Obama, while deepening pessimism over the future of the global economy enshrouded the World Economic Forum. Chinese premier Wen said America's voracious appetite ... more Chinese premier defends forex policy at German talks ![]() Chinese Premier Wen Jiabao defended the yuan exchange rate as "reasonable and balanced" Thursday against US accusations Beijing was manipulating its currency to boost exports. Wen made the remarks after talks with Chancellor Angela Merkel on the second leg of a European tour dominated talks on a response to the crisis ravaging global economies. "In light of the current economic situation ... more China confident of getting back onto fast track growth ![]() China may face "severe challenges" now because of the economic crisis, but Premier Wen Jiabao and businessmen are confident the country will soon be on the fast-track to growth. Wen acknowledged at the World Economic Forum in Davos that the financial crisis has hit China hard with growth collapsing in recent months. He stressed that economic growth must hit 8.0 percent this year to stop ... more
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coalmine
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