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Japan's Panasonic to boost plasma panel output in ChinaTokyo (AFP) Aug 20, 2010 Japanese electronics giant Panasonic said Friday it will boost its plasma panel production in Shanghai to meet growing demand for flatscreen televisions in China. The Chinese unit, Panasonic Plasma Display (Shanghai) Ltd (PPDS), produces 25,000 42-inch panels a month and will start up a new plant in April 2012 with a monthly capacity for 120,000 42-inch panels, Panasonic said. Panasonic also said in a press release that it will move plasma panel production equipment from its plant in Amagasaki, ... read more |
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Beijing (AFP) Aug 19, 2010China's current account surplus surged by 30 percent in the second quarter of 2010 from the same period last year, official data showed Thursday, amid strong demand for Chinese-made goods. The current account surplus - the broadest measure of trade with the world - reached 70.5 billion dollars in the April-June period, the State Administration of Foreign Exchange said in a statement on its ... more 
Hong Kong (AFP) Aug 19, 2010Lenovo Group, China's biggest personal computer maker, said Thursday it swung back to profit on a rebound in global demand, while it also broke into double-digit market share for the first time. The company earned 54.86 million US dollars in the fiscal first quarter ended June 30, compared with a loss of 16.01 million dollars in the same period last year, it said in a statement. That boo ... more  
Beijing (AFP) Aug 19, 2010China on Thursday attempted to ease concerns about the dangers posed by the heavy debt burden of local government financing vehicles, saying there was no systemic risk. While some debts would turn sour, most of the money owed by local government companies would be repaid, the Ministry of Finance and China Banking Regulatory Commission said in a joint statement. "There are some risks with ... more |
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 Taiwan's Foxconn says it will hire 400,000 more in China   Is Any Country Already Able To Meet All Of Its Energy Needs From Renewable Sources?   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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China's Lunar TwinsSydney, Australia (SPX) Aug 19, 2010 Before the end of 2010, China will have launched its second lunar probe. Chang'e 2 is an orbiting spacecraft that was originally built as a back-up for China's first lunar probe, Chang'e 1, which flew to the moon in 2007. The launch is widely tipped for some time in October. Sending the back-up spacecraft on its own mission makes sense. The spacecraft was already built, and the integrity of its design was confirmed by Chang'e 1's successful mission. By changing a few instruments, the mission ... read more |
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