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China sweeps the board in AfricaJohannesburg, South Africa (UPI) May 26, 2010 Consider this: China has agreed to spend $19 billion to build oil refineries and petroleum industry infrastructure in Nigeria. That would bolster Beijing's efforts to acquire 6 billion barrels of the African producer's reserves as part of its global drive to secure energy supplies for decades to come. China has signed a deal to invest $877 million in South Africa's platinum industry, Beijing's second largest investment in Africa outside the energy sector. China announced that it p ... read more |
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Shanghai (AFP) May 24, 2010General Motors' main Chinese commercial vehicle joint venture said Monday it would raise its production capacity by nearly 50 percent to 1.31 million units by the second half of 2012. SAIC-GM-Wuling - a joint venture between GM, Liuzhou Wuling Automobile and China's largest auto maker, SAIC - said it was expanding capacity at its plant in Liuzhou in southern China to 800,000 units a year f ... more  
Beijing (XNA) May 24, 2010China is developing an independent satellie navigation system called Beidou. It's the third country after the US and Russia to have such a system developed on its own. At the first China Satellite Navigation Annual Academic Conference in Beijing, the chief designer says the system will cover the whole world by 2020 and he hopes Beidou will become the most competitive navigation system on e ... more  
Beijing (AFP) May 21, 2010The Dalai Lama, Tibet's exiled spiritual leader, held his first Internet chat with Chinese web users Friday, in a wide-ranging dialogue touching on politics and his eventual successor. The webcast was seen on the micro-blogging website Twitter and on Internet sites inside China despite Beijing's long-standing efforts to police the web and silence the 1989 Nobel Peace Prize winner on the Chin ... more |
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  Nineteen killed as landslide derails train in eastern China   US says preparing to ease high-tech export controls   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Greece reassures Cosco on port concessionAthens (AFP) May 21, 2010 Greece has told Chinese shipping giant Cosco that strikes which frequently cripple business in the country will not affect a 35-year port concession vital to its debt-hit economy, Cosco said Friday. Cosco chairman and CEO Wei Jiafu also said that local dockworkers would be employed in the expansion of container facilities at the main Greek port of Piraeus to counter local union fears of a big influx of foreign labour. "We have promised the Greek president that we will not bring any Chinese dockw ... read more |
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