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Walker's World: U.S. draws line in seaFrankfurt, Germany (UPI) Jul 26, 2010 The unprecedented and solemn warning that U.S. Secretary of State Hillary Clinton delivered to Beijing last week over its territorial ambitions in the South China Sea needs to be considered within three separate contexts. This is because, as Harvard Professor (and former assistant secretary of defense in the Clinton administration) Joseph Nye maintains, relations between great powers are like a game of chess in three dimensions. There is the military equation, the economic equation and the sepa ... read more |
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Hanoi (AFP) July 22, 2010Strained US-China military relations will be the elephant in the room as Asia's largest security forum meets in Vietnam on Friday amid tensions over North Korea, Taiwan and the South China Sea. A US-South Korea naval drill in the Sea of Japan (East Sea) next week is exacerbating tensions ahead of the Hanoi meet, to be attended by US Secretary of State Hillary Clinton and Chinese Foreign Mini ... more  
Chongqing, China (AFP) July 22, 2010Typhoon Chanthu lashed southern China with punishing winds and heavy rain on Thursday in the latest weather challenge for a country where flooding has killed 700 people this year. Chanthu made landfall in Guangdong province with winds of up to 126 kilometres an hour (78 mph) as the nation grapples with its worst flooding in 10 years, expected to continue as the typhoon season gains pace. ... more  
Hong Kong (AFP) July 22, 2010A unit of giant US fund Capital Group said Thursday it had paid 1.63 billion US dollars for a stake in Agricultural Bank of China, after the bank's shares debuted in Hong Kong and Shanghai last week. Capital Research and Management bought 3.93 billion shares of AgBank's Hong Kong-listed shares at an average price of 3.21 Hong Kong dollars (41 US cents), according to a disclosure on Hong Kong ... more |
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  Clean-up crews use bare hands against China oil spill   China Everbright Bank plans up to 20bln yuan IPO: report   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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Honda says strike at China parts supplier overBeijing July 22, 2010 A strike at a Honda parts supply factory in southern China has ended after more than a week of work disruptions, the Japanese automaker said Thursday, adding that production remained unaffected. The strike was the latest in a series of walkouts by Chinese factory workers - many at foreign-invested firms - over pay and conditions in the so-called "workshop of the world". Honda, Japan's number two automaker, said last week its sales had fallen 2.7 percent year-on-year in June after its China ope ... read more |
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