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![]() Tokyo (AFP) Aug 8, 2010 Japan is seeking to export low-carbon technology and equipment to nine mostly Asian countries in exchange for "right-to-pollute" credits, a press report said Sunday. The Japanese government has already reached basic agreements with Indonesia, Vietnam, the Philippines and India on such deals and plans to start talks soon with Thailand, Laos, Myanmar, China and Peru, the business daily Nikkei said. It will initially provide financial and technical help to 15 projects in which Japanese firms will e ... read more |
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China gold mine fire kills 16 workers![]() Sixteen workers died when a fire broke out in a gold mine in east China, state media reported Saturday, in the latest accident to hit the nation's notoriously dangerous mining sector this week. Most of the victims died of toxic smoke inhalation underground or in hospital after the accident, which happened on Friday in Shandong province's Zhaoyuan city, the official Xinhua news agency said. ... more Taiwan remembers 700 killed on typhoon anniversary ![]() Taiwan paid tribute on Sunday to more than 700 people killed or missing in Typhoon Morakot a year ago, one of the island's worst natural disasters. The typhoon slammed into Taiwan in August 2009, bringing powerful winds and torrential rain that left at least 614 people dead and 75 missing, including an estimated 400 buried in the village of Hsiaolin alone. Typhoon Morakot dumped a record ... more China car demand eases but long term prospects still strong ![]() China's auto sales are going to roar ahead for the foreseeable future despite signs of cooling demand in the world's largest car market, experts say. After last year's breakneck growth in sales, consumers are holding back as the world's third-largest economy slows down and massive government stimulus measures including car-buying incentives are scaled back, they say. But foreign automake ... more |
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![]() Chinese nuclear firm ties up with Australian uranium miner ![]() China pledges Iran cooperation as oil minister visits ![]() ![]() Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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![]() Geneva (AFP) Aug 8, 2010 China's high savings rate is expected to fall substantially in coming years as its workforce shrinks, the population ages and social security spending increases, a BIS report shows. In research published by the Bank for International Settlements on the "myth and reality" of China's savings rate, Ma Guonan and Wang Yi found that the Asian giant needs its population to spend more in order to sustain rapid economic growth in coming years. The researchers, who were writing in their personal capacity ... read more |
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