April 28, 2009 | ![]() |
the second hyperpower |
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Tough times ahead for China-Taiwan talks: analysts![]() China and Taiwan have made rapid progress in improving ties over the past year but military tensions remain a major threat to their rapprochement, analysts said Monday. Envoys from the two rivals held their third round of talks at the weekend, continuing a bid to reverse six decades of hostility that have made their relationship one of Asia's potentially most dangerous military flashpoints. ... more Walker's World: Obama's fateful choice ![]() U.S. President Barack Obama's first 100 days have very tidily disposed of most of the overseas resentments that he inherited from the Bush administration. Cautious gestures and offers to talk have been extended to old enemies like Cuba and Iran. Very little pressure has been exerted on old friends like the Europeans and Japan. China has been given a pass on its manipulation of its curr ... more Japan to host global meet for nuke-free world: govt ![]() Japan, the only country ever hit by atomic bombs, Monday threw its weight behind US President Barack Obama's call for a nuclear-free world and pledged to host a global disarmament meeting next year. Foreign Minister Hirofumi Nakasone said the main nuclear powers, the United States and Russia, should lead the disarmament drive and "China and other nuclear powers" including India, Pakistan and ... more Taiwan opposition blasts Taipei-Beijing talks ![]() Taiwan's pro-independence opposition Monday denounced the government's weekend agreement with mainland China on closer economic cooperation, accusing it of failing the island's interests. "This is a failed negotiation," said Tsai Ing-wen, chairwoman of the Democratic Progressive Party (DPP), when asked to comment on the talks held in the eastern mainland city of Nanjing Sunday. "The gove ... more China's new contender for world's tallest man ![]() Zhao Liang needs two beds to rest his 2.46-metre (8ft, 1in) frame, one of life's inconveniences for the Chinese giant who could become officially known as the world's tallest man. The 27-year-old is 10 centimetres (four inches) taller than the current holder of the title, another Chinese man, but the media-wary Zhao has not yet decided whether he wants the Guiness Book of Records to official ... more |
epidemics
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![]() ![]() New loans in China are expected to surge by more than 57 percent in 2009, state media said Monday, as banks heed the government's call for more credit to boost growth amid the global crisis. Chinese banks are forecast to extend at least eight trillion yuan (1.2 trillion dollars) in new loans this year, said Cai Esheng, vice chairman of the China Banking Regulatory Commission, according to th ... more China, Taiwan deals signal more cooperation: state media ![]() A batch of agreements signed by China and rival Taiwan to deepen economic and transport ties mark a milestone that signals even broader future cooperation, state media said on Monday. "With substantial progress made this time, we have reason to look forward to broader vistas of cooperation in the days ahead," the official English-language China Daily, which targets a foreign audience, said ... more Vietnam names 'president' of disputed islands: official ![]() Vietnam on Saturday named a "president" for the government body overseeing the disputed Paracel islands, which are occupied by China, an official and press reports said. "It's a matter of the sacred earth of the homeland... and we are going to continue our struggle to defend the integrity and the maritime sovereignty of the islands," Dang Cong Ngu was quoted as saying by the VNExpress news w ... more China raps Hanoi for naming 'leader' of disputed islands ![]() China on Tuesday hit out at Vietnam for naming an official to run the disputed Paracel islands as it reasserted its claim to the potentially resource-rich chain in the South China Sea. Hanoi, which also claims the islands, at the weekend named a "president" for a Vietnamese government body overseeing the disputed archipelago. "China has indisputable sovereignty over the Xisha Islands and ... more |
economy
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![]() ![]() Ten people were killed and 15 injured when the roof of a clothing factory collapsed in northern China on Friday, the local government reported. The incident occurred at the Jinbo Clothing Factory in Langfang, the city government said in a statement sent to AFP. Langfang is about 50 kilometres (30 miles) southeast of Beijing. "The roof of the clothing factory's machine shop suddenly colla ... more Chinese automaker Chery mulls factory in Brazil: report ![]() Big Chinese automaker Chery is considering open a 700-million-dollar factor in Brazil to tap into the country's growing market, and to learn more about building biofuel-capable engines, Brazil's Gazeta Mercantil daily reported Friday. "Our development center is already working on this project," the head of Chery, Yin Tongyao, said. The plant, which would supply the Latin American market, ... more China's Geely says not copying Rolls Royce ![]() A Chinese auto company denied Friday its new top-of-the-line car was a copy of a Rolls-Royce, but the world renowned luxury brand said it was keeping its options open about taking legal action. Geely Automobile, one of China's major independent car makers, launched its GE at this week's Shanghai Auto Show, and the sedan attracted much interest for its resemblance to the iconic Rolls-Royce Ph ... more Wal-Mart revises China restructuring plan: state media ![]() Wal-Mart, the world's largest retailer, on Friday said it has revised a planned overhaul of its China-based management after intervention by government-run trade unions. On April 10, US-based Wal-Mart said it needed to slash mid-level executives in an effort to adapt to "the changeable market situation." Under the restructuring plan, affected employees are encouraged to move to other loc ... more
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economy
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