Archive for August, 2009
China resolves issue with Sino-Myanmar border inhabitants
Thousands of Myanmar residents flooded into China after Myanmar army standoff on August 26, and crossed into Yunnan province, southwest China, to escape fighting. And the Yunnan provincial government have helped them to settle ... Read More
China’s CIC wealth fund muscles up as markets recover
China Investment Corp is investing as much overseas each month this year as it did in all of 2008, Lou Jiwei, the chairman of the $298 billion sovereign wealth fund, said on Saturday. CIC is counting on handsome returns this ... Read More
China’s first large coal-to-gas project under construction
Construction of China’s first large coal-to-gas project started in northern China Sunday to ensure natural gas supply to Beijing and promote clean energy use. Located in Chifeng city of the coal-rich Inner Mongolian ... Read More
Myanmar conflict subsiding
Military clashes between government forces and local troops in the restive Kokang area of northeastern Myanmar have driven more than 30,000 people across the Chinese border to Yunnan province for shelter since Thursday, Chinese ... Read More
Moving forward with carbon capture plans
The world’s largest carbon capture project launched by a coal-fired power plant broke ground in July in Shanghai. After completion, which is scheduled before the end of this year, the project will capture as many as ... Read More
China regains its appetite for mergers and acquisitions overseas
Rio Tinto appears to be seeking a resumption of talks with Chinalco after scrapping the $19.5-billion investment deal proposed by the Chinese company in June, according to its half-year financial report (MA JIANGUO) With two ... Read More
New Delhi warms to the United States in a bid to acquire nuclear technologies for energy
On July 21, U.S. Secretary of State Hillary Clinton completed her five-day trip to India. The two sides reached several agreements during the visit. The most important one was an accord in which the United States agreed to ... Read More
Independence, Peace and Economic Growth
The number of countries having diplomatic relations with China has increased from 18 in the early days of the People’s Republic to 171 today Foreign Minister Yang Jiechi recently addressed China’s diplomatic ... Read More
China’s CIC wealth fund muscles up as markets recover
China Investment Corp is investing as much overseas each month this year as it did in all of 2008, Lou Jiwei, the chairman of the $298 billion sovereign wealth fund, said on Saturday. CIC is counting on handsome returns this ... Read More
Large solar power program starts in central China
Construction of a large solar power project with an investment of 450 million U.S. dollars was launched Saturday in Wuhan, capital of Hubei Province in central China. The 500-megawatt project is a joint venture of Greenway ... Read More
Myanmar border inhabitants begin to return home
Panic-stricken residents caught up in armed clashes along the Myanmar border have begun to return from China to their homes in Myanmar as the situation calms down, an unidentified official with the foreign affairs office of ... Read More
China to launch Indonesia’s communications satellite
China will soon send an Indonesian communications satellite into space on the back of Chinese-made Long March 3B rocket, a spokesperson for the Xichang Satellite Launch Center in southwest China’s Sichuan Province said ... Read More
China well on track to meet MDG in gender equality: UN official
China has made great progress in gender equality and empowering women in the past 60 years, well on track to achieve the Millennium Development Goals (MDGs) by 2015, said a senior UN official on Saturday at the Asia Pacific ... Read More