March 18, 2009 | ![]() |
the second hyperpower |
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No Japan-China summit this month: officials![]() Japan's Premier Taro Aso will not visit China this month, Japanese government officials said Tuesday, following earlier reports that Tokyo and Beijing were trying to schedule a summit in March. "We've been coordinating with China to hold the meeting as soon as possible, but we now recognise that realising it in March is difficult," Chief Cabinet Secretary Takeo Kawamura told reporters. ... more China to boost Africa investment fund: FT ![]() China will boost its state-run Africa investment fund by two billion dollars, so as to snap up opportunities left by Western investors leaving the continent, the Financial Times said Tuesday. Since its launch in 2006, the China-Africa Development Fund has invested about 400 million dollars in the continent, the paper quoted fund chief executive Chi Jianxin as saying in Johannesburg. Most ... more China appeals to exclude exports in climate deal ![]() China appealed Monday to exclude its giant export sector in the next treaty on climate change, as doubts grow whether the world can close ranks by a deadline of December. Rich nations buying Chinese goods bear responsibility, a Chinese negotiator said, estimating that export production caused up to 20 percent of the Asian power's carbon emissions blamed for global warming. "It is a very ... more Obama soothes China on multi-billion-dollar US debt ![]() President Barack Obama said Saturday that China could have "absolute confidence" in the American economy, after Beijing pointedly questioned the safety of its huge haul of US government debt. Obama took up comments by China's Premier Wen Jiabao on Friday, which represented a rare assessment by Beijing on the health of the US economy and the prospects for China's hundreds of billions of dolla ... more Hong Kong moves to send plastic bags packing ![]() Brian Pemberton is trying to help Hong Kong beat its looming waste crisis - one rice sack at a time. The entrepreneur takes used sacks from China and refashions the hardy material into reusable and unique grocery bags, then sells them to eco-friendly shoppers to use instead of free plastic bags. Pemberton is a green entrepreneur, one of a growing number trying to take advantage of a new ... more |
energy-tech
![]() trade ![]() economy ![]() |
![]() ![]() There is no chance of US government bonds losing their gilt-edged rating, President Barack Obama's top economic aide said Sunday after China expressed unease over its enormous holdings of US debt. Lawrence Summers, director of the White House's National Economic Council, said "no" when asked if Treasury bonds might lose their "AAA" rating from credit agencies because of the US economic crisi ... more Why So Many Spaceports ![]() Just last week it was reported that China would soon start construction of a new space launch center in the southernmost Hainan Province. Apparently, the State Council and Central Military Commission approved the new spaceport in late 2008. According to the report this new site will boast high capacity and low costs. One might think this new launch site is badly needed due to high launch ... more China To Launch 15 To 16 Satellites In 2009 ![]() China plans to launch 15 to 16 satellites this year, Zhang Jianqi, deputy chief commander of the manned space project, said here Monday. "Though the global financial crisis is taking toll on world economy, it has no impact on China's space programs," Zhang, a deputy to the National People's Congress (NPC), the country's top legislature, told media. China is at present "batch-producin ... more Macao Donates 14 Million Yuan To Mainland Space Program ![]() Macao people donated 14.46 million yuan (2.1 million U.S. dollars) to the China Space Foundation (CSF) at a ceremony in Beijing. The donation came from 49 Macao businessmen and the non-governmental Macao Foundation, said a statement from the CSF after the ceremony. Of the fund, 2.5 million yuan would go to Jiuquan Satellite Launch Center and 1.5 million to Xichang Satellite Launch Ce ... more |
dragonspace
![]() epidemics ![]() china ![]() |
![]() ![]() East Star, a privately-run Chinese airline, was ordered to suspend its flights Sunday because of a failure to pay plane rental fees, state press reported. China's civil aviation administration told East Star to cease its 20 domestic passenger routes in and out of Wuhan, in central China, after the company failed to pay US-based General Electric Aviation for the hire of its planes, Xinhua sai ... more Australia delays call on Chinalco, Rio Tinto deal ![]() Australia's government Monday delayed a decision on whether to approve a 19.5 billion US dollar Chinese investment in mining giant Rio Tinto amid growing concern over foreign ownership in the key sector. A review of the proposed investment by Chinese state-owned aluminium firm Chicalco, which would mark China's largest-ever foreign investment, was extended by 90 days to allow further scrutin ... more China defends Spratlys sea patrol ![]() China on Monday defended its move to send a patrol ship to the disputed Spratly islands, saying it was not a violation of an agreement to maintain the peace in the South China Sea. The vessel is a "fishery patrol ship, not a warship," Hua Ye, a spokesman for the Chinese embassy in Manila, said in a statement. "I don't think the Chinese side has done anything or violated the Declaration o ... more ENN Produces China's First Tandem Junction Solar Panels ![]() ENN Solar Energy has announced that it has produced China's first 5.7m2 high-efficiency, tandem junction thin film photovoltaic (PV) panels using a SunFab Thin Film Line, rated at 60 megawatts per year, supplied by Applied Materials. Working together at ENN's leading-edge facility in Langfang, China, ENN and Applied achieved this milestone just five months after equipment installation. ... more
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superpowers
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