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Booming Chinese economy snaps at Japan's heelsTokyo (AFP) Jan 21, 2010 China appears to be on the brink of overtaking beleaguered Japan as the world's second-biggest economy after another blistering performance in 2009, analysts said Thursday. Asia's two biggest economies look to have ended 2009 in a tight race but China, which grew 8.7 percent last year, is soon expected to unseat its neighbour from the position it has held for more than 40 years. "It may ... read more |
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Beijing (AFP) Jan 21, 2010At least 80 hospital patients in central China were infected with HIV through contaminated blood, according to a state media report that highlighted the continuing impact of a 1990s blood-selling scandal. The patients at the No. 2 Hospital in Hubei province's Daye city were infected after receiving transfusions of blood sold by several local residents who were later found to have HIV, the Wu ... more  
Washington (AFP) Jan 20, 2010The lead author of a World Bank report on the global economy published Wednesday said the bank sees "signs of bubbles" in the Chinese economy, a problem he said the Chinese government acknowledges. "We can already see some signs of bubbles and signs of tensions in the Chinese economy, in particular in the housing sector," said Andrew Burns, head of the bank's macroeconomic forecasting, at a news briefing Tuesday under embargo until the report was released late Wednesday in Washington. ... more  
Berlin (AFP) Jan 21, 2010German industrial giant Siemens said Thursday it had won a multi-million euro contract to supply equipment for regional trains in China. The deal, worth around 450 million euros (634 million dollars), is to deliver components to the Nanjing SR Puzhen Rail Transport company for trains that will run on a 2,000-kilometre (1,240-mile) track in the Pearl River Delta. The network is due to be ... more |
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  Taiwan says China trade talks to start this month   South Korea aims for nuclear power deals   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Beijing (AFP) Jan 21, 2010A vice-mayor and a deputy police chief in northern China have been charged with taking bribes in relation to an industrial accident that killed 277 people, state press said Thursday. Three other top officials in Linfen city, Shanxi province, have been charged with dereliction of duty and accepting bribes to turn a blind eye to illegal practices at the Xinta Mining Company, Xinhua news agency ... more  
Beijing (AFP) Jan 17, 2010China launched an orbiter into space early Sunday, the latest stage in the development of its own satellite navigation system, state media said. The orbiter, launched at about 00:12 am (1612 GMT Saturday) was the third orbiter that China has launched for its Beidou Navigation System, Xinhua news agency said. "(The orbiter) will join another two already in orbits to form a network which will eventually have a total of 35 satellites, capable of providing global navigation service to users around the world around 2020. ... more  
Beijing, China (XNA) Jan 18, 2010China is in a rush to build its version of the Global Positioning System (GPS), by planning to launch 10 Beidou navigation satellites between now and 2012, a newly launched official website said. "The Beidou (Compass) Navigation Satellite System, which will be completed in 2020 with 35 satellites, will enable China to shake off its dependence on GPS and achieve huge economic benefits," Pan ... more |
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 China Launches Third Orbiter For Indigenous Global SatNav System  China's Mystery Spacelab   China's Baidu sues US web firm over hacker attack |
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