February 27, 2009 24/7 News Coverage the second hyperpower
Chinese Ahoy It's A Chinese Aegis Part One
Hong Kong (UPI) Feb 26, 2009
The People's Republic of China recently dispatched two navy ships -- its most advanced No. 171 "Chinese Aegis" class DDG and No. 169 "Chinese Sovremenni" class DDG -- to the waters near Somalia to engage in anti-pirate operations. As a Chinese expression goes, "Why use an ox-cleaver to kill a chicken?" This high-profile action represents a great step forward for the People's Liberation ... read more
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    China tells US to stop acting as human rights guardian
    Beijing (AFP) Feb 26, 2009
    China told the United States Thursday to stop acting as a human rights guardian, as it hit back angrily at US accusations that its human rights record had worsened. The spat comes just days after a visit by US Secretary of State Hillary Clinton to Beijing appeared to signal a detente between the world powers on the sensitive issue. "We firmly oppose any countries interfering in China's i ... more

    Chinese navy saves Italian ship from pirates: state media
    Beijing (AFP) Feb 26, 2009
    Chinese naval forces thwarted a pirate attack on a Liberian-flagged Italian merchant ship this week in the Gulf of Aden near Somalia, state media said on Thursday. The incident occurred on Tuesday when a helicopter from the Chinese destroyer Haikou saw a pair of small pirate vessels closing on the ship and fired a pair of signal flares to drive them off, Xinhua news agency said. It was t ... more

    China insists Tibet open to tourists
    Beijing (AFP) Feb 26, 2009
    China insisted Thursday that Tibet had not been closed to foreign tourists as tensions built over Chinese rule in the Himalayan region, despite travel agencies reporting a government-ordered ban. "To my understanding, up to date, no agencies in Tibet have received instructions to restrict the entrance of foreign visitors to Tibet," foreign ministry spokesman Ma Zhaoxu told reporters. Fou ... more

    China accuses Christie's of selling smuggled Chinese relics
    Beijing (AFP) Feb 26, 2009
    China accused Christie's Thursday of repeatedly selling smuggled Chinese relics and vowed to place tough checks on the auction house in an angry response to the sale of two bronze artifacts in Paris. "In recent years, Christie's has frequently sold cultural heritage items looted or smuggled from China, and all items involved were illegally taken out of the country," the State Administration ... more

    Pirate attack on Chinese vessel thwarted off Somalia
    Manama (AFP) Feb 26, 2009
    A Danish naval warship on Thursday thwarted an attack by armed pirates on a Chinese vessel in the Gulf of Aden, the US Naval Forces Central Command said. The Bahrain-based command said Danish support ship HDMS Absalon had "successfully deterred an attempted pirate attack on the Chinese M/V Yandanghai." "Absalon closed on the coordinates given by the Chinese ship following their distres ... more

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  • Japan PM's remarks fuel island row with China

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  • China clears Wyeth milk powder: state media
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    Top Chinese aircraft maker launches global recruitment drive
    Beijing (AFP) Feb 26, 2009
    China's leading state aircraft maker Thursday launched its first global recruitment drive, offering jobs in fields such as military product development to both Chinese and foreigners. "This is the first time for an enterprise in the military industry of China to ... recruit senior executives from home and abroad," the Aviation Industry Corporation of China (AVIC) said in a statement. Job ... more

    China's banking system stable amid global crisis: regulator
    Beijing (AFP) Feb 26, 2009
    The global economic crisis has had little impact on China's banking system, which remains sound and stable, the nation's banking regulator said Thursday. "The financial crisis has had a limited impact on the Chinese banking system and the risks are under control," China Banking Regulatory Commission chairman Liu Mingkang told a briefing in Beijing. "Our banking system so far remains soun ... more

    Cheaper to ship from Africa to China, forum told
    Brazzaville (AFP) Feb 26, 2009
    It costs six times more money to move freight from Cameroon to Chad, and twice as much time, than to ship it all the way to China, a forum on central African transport issues heard Thursday. Poor infrastructure is to blame for the high cost of moving goods within the sub-region, Anicet-Georges Dologuele, president of the Central African States Development Bank, told the two-day forum in Cong ... more

    Hope as China, US prepare for military talks
    Beijing (AFP) Feb 25, 2009
    China-US military talks resume here Friday for the first time under the Obama administration, offering hope of closer engagement between the world powers on one of their most sensitive issues. After suspending exchanges last year in anger over a planned 6.5-billion-dollar US arms sale to Taiwan, China invited the United States for the talks in what some saw as an olive branch to new US ... more

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  • Russia probes officers over China arms sales: report

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  • Chinese relics sell for 15.7 mln euros each at YSL auction

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  • Dalai Lama says eager to visit Taiwan: report
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    Locke: Son of immigrants with eye on US-China trade
    Washington (AFP) Feb 25, 2009
    Gary Locke, the first Chinese-American governor in US history, picked Wednesday by President Barack Obama as his commerce secretary, could help spearhead trade with economic giant China. If confirmed -- after Obama's two previous high-profile picks for the cabinet post stepped aside amid controversy -- Locke's experience as governor will likely prove invaluable, as Washington and Beijing con ... more

    China's environment problems serious: minister
    Shanghai (AFP) Feb 25, 2009
    China's environmental problems remain serious with local governments not putting enough pressure on businesses to control pollution, the nation's environment protection minister has said. Efforts to toughen environment laws have not done enough to fix the widespread problems for China's air, lakes and rivers, Zhang Lijun said Tuesday, according to the official Xinhua news agency. ... more

    China spends 10 billion dollars in Germany: minister
    Berlin (AFP) Feb 25, 2009
    Chinese firms inked deals worth "more than 10 billion dollars" with German companies Wednesday, China's Trade Minister Chen Deming said. Chen is heading a delegation of more than 200 Chinese companies on a tour of Germany, Spain, Britain and Switzerland to buy European goods and technology, in a trip hailed by Beijing as proof of its non-protectionist stance. Thirty-six contracts were si ... more

    China ramps up subsidies for energy-efficient light bulbs
    Beijing (AFP) Feb 25, 2009
    China said it would subsidise the sale of 100 million energy-efficient light bulbs this year to cut energy use and pollution, double the number subsidised in 2008. The move, also aimed at supporting bulb producers amid the global financial crisis, was announced by the finance ministry in a statement posted on its website late Tuesday. The government had offered subsidies for 50 million ... more

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