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EU to scrap Chinese arms embargo?Madrid (UPI) Jan 27, 2009 The Spanish EU presidency is considering lifting the arms embargo on China. Spain's Foreign Minister Miguel Angel Moratinos said his government, in charge of the rotating six-month EU presidency, was weighing "the pros and cons" of lifting the ban. The EU is eager "to improve relations with China to ensure the best possible dialogue," he said. "We are all aware of the new role which China is assuming in the world." The two-decade-old embargo was implemented as a result of the vio ... read more |
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German-Chinese wind power rowBerlin (UPI) Jan 27, 2009 Beijing is trying to prevent the German wind industry from entering the booming Chinese market, industry representatives said Wednesday in Berlin. The current standing of German wind turbine manufacturers in the Chinese market is "disastrous, bottom of the barrel," Thorsten Herdan of the German Engineering Federation, or VDMA, said at a news conference held by the German wind industry. The Chinese government is trying to make entry harder for foreign companies, Herdan said. "We a ... read more |
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Beijing (AFP) Jan 27, 2010China's banking watchdog said Wednesday it had called on the nation's banks to ensure "balanced and steady" credit growth, amid concerns over the risk of bad loans following rampant lending in 2009. The China Banking Regulatory Commission said it urged banks in a nationwide conference call on Tuesday to "strengthen credit management" and "strictly control" any rebound in non-performing loan ... more  
Beijing (AFP) Jan 27, 2010China said Wednesday it had set up a national commission to coordinate energy policy, as the Asian giant's soaring power needs are increasingly forcing it to look abroad for supplies. "To strengthen strategic energy policy and coordinate overall planning, the State Council has decided to establish a National Energy Commission," said a statement by the council, China's cabinet. The commis ... more  
Port Harcourt, Nigeria (UPI) Jan 27, 2009 A tug-of-war between the Nigerian government and the foreign oil companies that operate the country's oil fields over the renewal of their long-held leases is heating up as foreign drillers swarm across West Africa, currently the world's hottest energy zone. The Nigerian dispute has been complicated by the efforts of a Chinese oil giant to out bid the long-established Western companies ... more |
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  China launches orbiter for navigation system: state media   China Aiming To Have Its Own GPS In Place By 2012   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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China Launches Third Orbiter For Indigenous Global SatNav SystemXichang, China (XNA) Jan 18, 2010 China took one step forward in its ambition to build an independent global navigation network capable of rivaling foreign congeneric systems with the successful launch of a new orbiter into space early Sunday morning. Boosted by a Long-March-3III carrier rocket into a geostationary orbit from the Xichang Satellite Launch Center, it was the third orbiter China has launched for the network, also known as Beidou, or COMPASS system. It will join another two already in orbits to form a ... read more |
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