Archive for October, 2009
Energy still in hands of unfair monopoly
The explosive news that Sinopec discovered “the biggest liquefied petroleum gas (LPG) field in Asia” in Chongqing turned out to be a rumor. According to International Finance News, Sinopec said that the existence of ... Read More
White Out
During her lecture Revisiting the Tibetan Plateau: Global Climate Change and its Effect on the Headstreams in China, at the Capital Library in Beijing, Wang Yongchen, founder of nonprofi t environmental organization Green Earth ... Read More
Protesters call for suspension of China-Myanmar pipeline venture
Activists held a series of protests Wednesday in several Southeast Asian countries to demand the Chinese government suspend an energy project due to start next month in Myanmar, urging the Myanmar government to protect the ... Read More
China’s rule by law boosted by equal political rights and equal life compensation in urban and rural areas
Equality has become a catchphrase when Chinese lawmakers mull over two major moves in the history of China’s legislative progress. Chinese rural and urban people are about to get equal representation in lawmaking bodies. ... Read More
East Asia FTA, a good thing that doesn’t come easy
A proposal to set up an East Asia Free Trade Area (FTA) was listed in agenda at the East Asia serial meetings that has ended recently in Hua Hin, Thailand. At the “10 plus 3″ summit, Chinese Premier Wen Jiaobao ... Read More
Fourth Chinese navy flotilla to sail for waters off Somalia
A Chinese navy flotilla will depart from the Zhoushan Islands on Friday to escort merchant vessels and protect them from pirate attacks in the Gulf of Aden, a spokesman with China’s People’s Liberation Army Navy ... Read More
Zambian President commends China for generosity, brotherhood in past 45 years
Zambian President Rupiah Banda commends China’s generosity and brotherhood in helping Zambia develop the nation in the past 45 years since the two nations established diplomatic ties. Banda gave the remarks when he had an ... Read More
The world hasn’t fallen for China yet
The mania for soft power is omnipresent in China, from officials’ speeches to community slogans. The wealth balloon in recent decades has emboldened us, and we are fed up with long having been a target of suspicion and ... Read More
China’s ICBC bank to offer assistance to Peru
The Industrial and Commercial Bank of China (ICBC), considered the largest in the world by market capitalization, is to assist Peru in its economy, the bank’s president Yang Kaisheng said Wednesday. “We are ready ... Read More
Zambian President commends China for generosity, brotherhood in past 45 years
Zambian President Rupiah Banda commends China’s generosity and brotherhood in helping Zambia develop the nation in the past 45 years since the two nations established diplomatic ties. Banda gave the remarks when he had an ... Read More
China’s sovereign wealth fund getting decent returns
China Investment Corporation (CIC),the nation’s sovereign wealth fund, has invested half of its 110-billion-U.S. dollar available capital in the overseas market and has gained decent returns from it so far, China Daily ... Read More
Diversify iron ore sources: Minmetals
China Minmetals, the country’s largest State-owned metals trader, has urged industry leaders to diversify iron ore supply and improve negotiation tactics to reverse China’s unfavorable position in global iron ore ... Read More
Chinese firm opens $100m pipe plant in Mexico
Chinese company Golden Dragon (GD) opened a $100-million copper pipe plant on Wednesday in the northern Mexican state of Coahuila, the biggest investment ever by a Chinese manufacturer in Mexico. The plant, which covers 200,000 ... Read More