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China, Bolivia to build communications satelliteLa Paz (AFP) April 1, 2010 Chinese and Bolivian officials Thursday signed an agreement to build Bolivia's first communications satellite, intended for domestic security, for launch in 2013. The document was signed by the heads of the Bolivian space agency and China's Great Wall Corporation at the presidential palace. "This communications satellite will help provide security for Bolivians," Bolivian President Evo Morales said. "With a satellite, it is possible to follow criminals in a way that humans cannot." La Paz sa ... read more |
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Sydney (AFP) March 31, 2010Australian Prime Minister Kevin Rudd on Wednesday urged China to hold trials in public, after four Rio Tinto executives were handed lengthy jail terms in proceedings held largely behind closed doors. Rudd said there was always going to be "bumps in the road in our relationship with China", after Beijing expressed concerns about Australia's criticisms of the trial. "I would say to our fri ... more  
Beijing (AFP) March 31, 2010Geely hopes to use its takeover of Volvo to crack China's fast-growing luxury car market and vault into global contention using the Swedish brand's cutting-edge technology, analysts say. Zhejiang Geely Holding has agreed to pay 1.8 billion dollars for Volvo from Ford Motor Co in the biggest overseas acquisition by a Chinese carmaker, propelling Geely into a market dominated by Audi, Mercedes ... more  
Sydney (AFP) March 31, 2010The high-profile Rio Tinto trial has lifted the lid on the opaque, and often risky, process of doing business in China - and become an object lesson for other foreign companies, analysts say. The heavy sentences for bribery and industrial espionage serve as a warning for firms wading into treacherous waters in the emerging giant, where "guanxi" (connections) are vital, sharp practice is com ... more |
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  HK-listed firms 'should disclose China pollution violations'  US cites China's 'troubling trend' of innovation barriers   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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China blames poor safety for mine disasterXiangning, China (AFP) March 31, 2010 China's work safety watchdog has blamed lax standards at a coal mine in the north for a huge flood that left 153 workers trapped underground, as hopes faded Wednesday for their rescue. Three days after water gushed into the vast Wangjialing mine being built in Shanxi province, nearly 1,000 rescuers racing to save the workers still had not detected any signs of life from the pit. But Liu Dezheng, a spokesman for the rescue headquarters, said some of the miners might have survived as they were wor ... read more |
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