| April 16, 2009 |  |
the second hyperpower |
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China Beidou Navigation System Expected To Cover World
Beijing (XNA) Apr 16, 2009With the successful launch of the second Beidou navigation satellite on March 15, China's independently-developed Beidou satellite navigation system has entered a peak network formation period from this year. A Global Positioning System is expected to be established around 2020. On the morning of April 15, China sent the second Beidou navigation satellite into the orbit with the carrier ro ... more China looking to US on NKorea: analysts 
Beijing (AFP) April 15, 2009China wants the United States to take on a more direct role with North Korea over its nuclear programme after losing some of its own influence on its neighbour, experts say. Pyongyang snubbed its closest major ally Tuesday by announcing that it was pulling out of six-nation nuclear disarmament talks, and China - which hosts the negotiations - is keen for the North to return to the table. ... more China says open to military talks with Taiwan 
Beijing (AFP) April 15, 2009China is open to defence talks with rival Taiwan, a senior mainland official said Wednesday, but he denied reports the two militaries would soon hold a historic meeting in the United States. Li Weiyi, spokesman for China's Taiwan Affairs Office, said reports that Chinese and Taiwan military officials would gather in August in Hawaii for their first talks in 60 years were "inaccurate." Th ... more Russians quarantined after Chinese woman dies on train 
Moscow (AFP) April 15, 2009Russian authorities on Wednesday evacuated 53 passengers to quarantine and sealed off a train after a Chinese woman died of what could be a mystery infectious disease, officials said. "At the Zuyevka station in the Kirov region, the dead woman was urgently taken off the train. All the travellers, a group of migrants who were in her proximity, were also evacuated," the regional government sai ... more Protesters clash with police in China dispute 
Beijing (AFP) April 14, 2009Clashes between police and demonstrators erupted in south China after hundreds of people gathered to protest the handling of a housing dispute, locals and a rights group said Tuesday. The clashes occurred late Monday in Shenzhen city after protesters gathered to demonstrate against the alleged detention of up to four people representing them in the housing dispute, locals said. "They det ... more |
china
 energy-tech  trade  |
Beijing (AFP) April 14, 2009Royal Dutch Shell is in talks with Chinese companies to jointly bid for rights to develop an oil field in Iraq, the Anglo-Dutch oil giant's chief executive officer said Tuesday. "We are... in the process of forming partnerships for a series of bids and Chinese companies are a part of that," Jeroen van der Veer told reporters when asked to comment on reports about developing an oil field in K ... more Walker's World: China leads the way? 
Washington, April 15, 2009 Just as Chinese premier Wen Jiabao claimed that his country's economy was enjoying "positive changes," the Industrial and Commercial Bank of China announced that it had become the world's largest bank. ICBC counts this by deposits. It claims that clients invested another 950 billion yuan, or $140 billion, in the first three months of this year, boosting total deposits to 9.78 trillion ... more China expects stronger export performance: official 
Beijing (AFP) April 15, 2009China expects its exports performance to improve after first quarter data showed signs of recovery, with more policies in the pipeline to support sales abroad, the commerce ministry said Wednesday. "We are confident that (exports) will further improve on the basis of the gradual recovery seen in the first quarter," commerce ministry spokesman Yao Jian told reporters. Exports in March fel ... more China has no reason to stop buying US treasurys: Fed member 
Hong Kong (AFP) April 14, 2009A senior US Federal Reserve board member on Tuesday said he had no reason to believe that China would stop buying US Treasury bonds, amid concerns about the strength of the assets. Richard Fisher, president of the Dallas Federal Reserve Bank and a member of the US central bank's policy-setting Federal Open Market Committee, said China had no reason to scale back its holding of US debt. ... more |
superpowers
 taiwan  democracy  |
Beijing (AFP) April 13, 2009China pledged Monday to improve human rights throughout the country, in a highly publicised plan issued ahead of the 20th anniversary of the deadly crushing of the Tiananmen democracy protests. The "National Human Rights Action Plan," the first-ever such document to be issued and approved by the cabinet, promised Chinese citizens more legal protection, better livelihoods and greater politica ... more In "Africa Wax" war, Dutch take on China 
Paris (AFP) April 12, 2009A new trade war is unrolling across Africa: a battle between Chinese textile-makers and a colonial-era company from The Netherlands, original maker of the eye-catching "Dutch Wax" fabrics often known as "Africa Wax." Little known at home or anywhere else in Europe, the house of Vlisco is one of Africa's most-known brands, suppliers since 1846 of the bright cloths stamped with extravagant des ... more Global steel industry awaits China, US auto turnaround 
Paris (AFP) April 12, 2009Steel is on edge and the global industry is cutting back hard, hanging on for either a budget blast from China, new credit for vast Middle Eastern building schemes or resurrection of the US auto industry. Demand has dwindled and steelmakers, notably the giant of them all, ArcelorMittal, are damping down surplus furnace capacity while waiting for credit to flow, construction cranes to turn ... more China to build subway to terracotta warrior museum 
Beijing (AFP) April 13, 2009China's ancient capital of Xian is to build an underground line to the museum of the famed terracotta warriors, one of the nation's most prized tourist attractions, state press said Monday. The 30-kilometre (18-mile) line will extend from Xian's city centre to the museum that houses the clay warriors that were buried more than 2,200 years ago near the tomb of China's first emperor, Qin Shihu ... more
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economy
 rocketscience  satellite-biz  |
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