CHINA-WIRE

News from China for the rest of the world

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 ... 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 ... 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... 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 shel... 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 wi... 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 repo... 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 U... 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... 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 ... 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 joi... 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 fo... 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’... 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 Satur... Read More

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