CHINA-WIRE

News from China for the rest of the world

Archive for January, 2010

China reschedules Zimbabwe steel maker debt

China has rescheduled to 2013 the debt of Zimbabwe’s biggest iron and steel maker following a request by the Zimbabwean government, according to official sources. Zimbabwean Industry and Interna... Read More

Scale of China’s export credit insurance and guarantee up over 80%

China Exports & Credit Insurance Corporation (Sinosure) completed 11.66 billion U.S. dollars worth of insurance and guarantee business in 2009 amid a severe international trade situation, an incre... Read More

Do three errors mean breaking point for IPCC?

While covering the United Nations Climate Change Conference in Copenhagen, I took a morning away from the main venue to attend a forum of “climate skeptics”. The speakers presented politic... Read More

Other voices on climate change

This winter, the drastic cold has battered not only China but many parts in the Northern Hemisphere, including Europe and North America. Shivering in the freezing weather, many now doubt the authentic... Read More

PetroChina to co-develop Iraqi Halfaya oilfield

A consortium led by the China National Petroleum Corp (CNPC), China’s largest oil company, won a bid to develop Halfaya oilfield in Iraq, CNPC said on Wednesday. Under the 20-year deal, CNPC, To... Read More

‘Questionable’ Esso gasoline under probe

An investigation has been launched into petroleum giant Esso, after accusations that their gas stations in the southern province are selling substandard gasoline that causes cars to malfunction. Li Xi... Read More

Energy sector turns crisis into opportunities

In Chinese, the word “crisis” reflects both “risks” and “opportunities”. China’s energy sector has successfully turned its adversity into opportunity while re... Read More

CIC planning more resource investments

China’s $300 billion sovereign wealth fund is considering new investments in resource-related companies after bets on commodities producers from the US to Kazakhstan paid off in 2009. China Inve... Read More

ABC float runs into rough weather

Agricultural Bank of China’s (ABC) public float may not materialize this year as differences still persist over the future of the lender’s business related to the agriculture sector and fa... Read More

China plays a bigger role in international peacekeeping efforts

Members of a Chinese peacekeeping engineering unit rally shortly after their arrival at Nyala, capital of South Darfur, Sudan, on November 24, 2007 (XINHUA) By increasing and diversifying its involvem... Read More

ZTE inks 378 mln USD deal with South Africa’s Cell C on network turnkey supply

ZTE Corporation, China’s largest telecom equipment producer by market value, said it signed contract with Cell C (PTY) Ltd., a mobile telecom operator in South Africa, to provide telecom facilit... Read More

China Unveils New National Energy Commission

China officially unveiled a new government agency to take charge of the country’s energy policy earlier today. Chinese premier Wen Jiabao will head the new agency, known as the National Energy C... Read More

Sudanese vice president stresses importance of China-Arab cooperation

Sudanese Vice President Ali Osman Mohamed Taha on Tuesday underscored the importance of China-Arab cooperation in all fields to achieve mutual benefits on basis of mutual respect. Taha made the remark... Read More

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