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China takes over from West as Iran's main economic partnerTehran (AFP) March 15, 2010 China has emerged as Iran's top economic partner, investing heavily in the energy sector and filling the gaps left by Western firms forced out by international sanctions. In 2009, China became Iran's premier trade partner, with bilateral trade worth 21.2 billion dollars against 14.4 billion dollars three years earlier. The figures confirm the exponential growth in commercial ties between the two countries, which were almost non-existent 15 years ago, when trade volumes amounted to just 400 milli ... read more |
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Seoul (AFP) March 14, 2010North Korea has revised an investment law to lure South Korean and other investors back to a free-trade zone on its northeast border with China and Russia, a news report said Sunday. Yonhap news agency, quoting unnamed Seoul officials, said the January 27 revision of the law paved the way for "Korean compatriots living outside the DPRK (North Korea)" to invest in the Rason free-trade zone. ... more  
Beijing (AFP) March 14, 2010The United States is to blame for recent tensions in Sino-US ties and must take steps to repair the damage, Chinese Premier Wen Jiabao said Sunday, indicating no let-up in their diplomatic row. Wen accused Washington of violating China's sovereignty when it approved the sale of billions of dollars in weapons to Taiwan in January, and again when US President Barack Obama met the Dalai Lama at ... more  
Beijing (XNA) Mar 11, 2010During his keynote address before the National People's Congress in the Great Hall of the People on Friday in Beijing, Premier Wen Jiabao rose to urge the nation to fight "a tough and prolonged battle" against pollution, to conserve energy and protect the environment. He made assurances that China would play an active role in seeking progress on international cooperation on climate change ... more |
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  China's Cnooc buys into Argentinian energy company   China-Japan diplomatic storm brews over remote islet   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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China faces tough year, Wen rejects pressure on yuanBeijing (AFP) March 14, 2010 China faces a difficult year as it works to maintain economic growth and spur development, but will not be bullied into changing its exchange rate policy, Premier Wen Jiabao said Sunday. In a wide-ranging press conference at the end of China's annual session of parliament, Wen said Beijing was not ready to withdraw stimulus measures put in place in late 2008 to pull the world's third-largest economy out of crisis. He also warned Beijing would not bow to foreign pressure to boost the value of its ... read more |
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