24/7 News Coverage
February 15, 2011
NUKEWARS
China official backs N. Korea succession: KCNA
Seoul (AFP) Feb 15, 2011
A senior Chinese official has expressed support for the plan by North Korean leader Kim Jong-Il to transfer power eventually to his youngest son, the North's official news agency said Tuesday. It said Meng Jianzhu, Chinese state councillor and public security minister, "warmly congratulated" Kim Jong-Il on his re-election in September as ruling communist party general secretary, and son Kim Jong-Un on his election as vice-chairman of the party's Central Military Commission. Meng hailed "the succ ... read more

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SUPERPOWERS

India, China growth race 'silly', says Nobel winner
India's leading economist, Nobel Prize winner Amartya Sen, dismissed on Monday the "silly" obsession of comparing the economic growth rates of China and India. ... more
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TAIWAN NEWS

At least 10 Chinese moles infiltrate Taiwan: report
At least 10 Chinese moles are believed to have penetrated Taiwan's national security units, a retired agent told media Monday, as the island reels from its worst espionage case in half a century. ... more
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TAIWAN NEWS

Taiwan's defence compromised by agent: ex-spy chief
Taiwan's ability to defend itself in the event of a Chinese invasion has been badly compromised by the island's worst espionage case in 50 years, an ex-spy chief has warned. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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SUPERPOWERS

Japanese ex-coastguard defends China video leak
A former Japanese coastguard officer who leaked a video of a tense maritime incident with a Chinese trawler on YouTube said Monday he had acted in the interest of his country. ... more
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SUPERPOWERS

US committee: Counter China information drive
Faced with aggressive public outreach by China, the United States must ramp up its own efforts and do a better job fighting Internet censorship, a Senate committee report says. ... more
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MILPLEX

Huawei leaves US deal's fate to Obama: report
China's Huawei has refused to back down after a US Congress panel voiced security concerns about the tech giant's acquisition of US computer technology, shunting the issue to President Barack Obama, a report said Tuesday. ... more
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EPIDEMICS

Man dies after swine flu infection in Hong Kong
A man has died in Hong Kong after contracting swine flu, health authorities said Monday, a year-and-a-half after an outbreak of the disease killed 80 people in the city. ... more
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One in Four Chance Annually of Rocket Debris Entering High-Traffic Airspace
Urban Sky Secures $30 Million in Series B Round to Advance Stratospheric Innovation
New Zealand voices 'concern' as Cook Islands seeks China deal
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SINO DAILY

Manila bus hostage inquest to start in Hong Kong
A Hong Kong inquest into a Manila bus hijacking that left eight tourists dead is set to start Monday, after the incident sparked a diplomatic meltdown over claims of shoddy police work. ... more
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SINO DAILY

Poignant Chinese AIDS film moves Berlin festival
A heart-wrenching documentary about AIDS sufferers in China and the discrimination they face in their daily lives has won a rapturous reception at the Berlin film festival. ... more
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SINO DAILY

Board games cafes offer web break in China
Jia Han was a web junkie who used to while away entire days in Internet cafes, but the 21-year-old university student says he has now found a healthier and more social pastime - board games. ... more
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FARM NEWS

Rights group opposes China bear-bile listing
An animal rights group said Tuesday it has urged authorities in China to block the possible stock listing of a company that farms the bile of bears for medicinal purposes, citing cruelty to animals. ... more
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FARM NEWS

China says drought won't affect world food prices
China sought Tuesday to alleviate fears about the global impact of a drought in its wheat-growing regions that has raised concern it could send world food prices soaring. ... more
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POLITICAL ECONOMY

Japan eclipsed by China as world's second economy
Japan surrendered its 42-year ranking as the world's second-biggest economy to China in 2010, after data Monday showed a fourth-quarter contraction caused by weaker consumer spending and a strong yen. ... more
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FAST TRACK

China probes rail minister: state media
China's rail minister is under investigation for alleged "severe violation of discipline", the state Xinhua news agency reported on Saturday. ... more
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INTERNET SPACE

China netizens react to rail minister probe
Chinese netizens on Sunday met with cynicism a high-profile investigation of the rail minister, one of the most senior officials to be probed in the government's fight against graft. ... more
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INTERNET SPACE

US Internet censorship fight falling short: report
State Department efforts to combat Internet censorship in China and other countries have fallen short and funding for the drive should be shifted to another US agency, a Senate committee report says. ... more
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TRADE WARS

US trade gap widens as China deficit hits record
The US trade deficit grew in December as imports rose at the fastest pace since June, while the politically sensitive gap with China hit a record for the year, official data showed Friday. ... more
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TRADE WARS

US takes two China trade disputes to WTO
The United States said Friday it had taken trade disputes with China over US steel imports and electronic payment services to the World Trade Organization. ... more
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POLITICAL ECONOMY

China regional banks told to hike reserves: report
China's central bank has ordered some small and medium-sized banks to raise their reserves in the latest in a series of such hikes aimed at reining in inflation, state media said Friday. ... more
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ENERGY TECH

China eyes Mideast's energy resources
Qatar is negotiating with China to supply the state-owned energy giant Sinopec with millions of metric tons of natural gas a year to feed the Middle Kingdom's voracious energy appetite. ... more
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ENERGY TECH

Canada to review PetroChina's shale gas bid
Canada's industry minister said Friday he will review Chinese oil giant PetroChina's $5.4-billion investment in a Canadian shale gas project developed by North America's top gas producer Encana. ... more
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ENERGY TECH

PetroChina to invest Can$5.4 billion in Canada gas
Chinese oil giant PetroChina will pay Can$5.4 billion ($5.43 billion) for a 50 percent stake in a shale gas project developed in Canada by Encana, North America's top gas producer, the firms said Thursday. ... more
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SOLAR DAILY

Taiwan's AU Optronics ventures into solar energy
Taiwan's AU Optronics, a leading flat-screen maker, has kicked off a multi-billion-dollar foray into solar power, one of the island's growth industries, officials and media said Tuesday. ... more
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TRADE WARS

Peru faces copper competition from China
Peru is facing growing competition from China for its share of the global copper ore market, which is at the risk of shrinking amid aggressive mining and marketing by East Asia's economic giant. ... more
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POLITICAL ECONOMY

Problems abound for China despite number-two rank
China's triumph in overtaking Japan as the world's number two economy masks a worrisome over-reliance on exports and investment, and lagging social development, analysts say. ... more
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FAST TRACK

New China rail chief urges safety amid graft claims
China's new railways chief has called for a tighter focus on safety after his predecessor's ouster on suspicion of graft raised questions about a big official push to expand the nation's rail network. ... more
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TECH SPACE

Taiwan to let China firms invest in LCD makers: report
Chinese firms will be allowed to own up to a fifth of Taiwan's flat-screen makers as the island further eases its controls on investments from the mainland, local media reported Monday. ... more
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AEROSPACE

800 million more air travellers by 2014: IATA
Eight-hundred million more people will travel by air by 2014, over a quarter of them from China, raising the need for more efficient traffic management and airports, IATA trade body said Monday. ... more
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CAR TECH

GM recalls 2,800 imported cars in China: report
Shanghai General Motors is to recall 2,806 imported Cadillacs in China to repair faulty suspension, state media said Monday, citing a government statement. ... more
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POLITICAL ECONOMY

Japan overtaken by China as No. 2 economy
Japan lost its 42-year ranking as the world's second-biggest economy to China in 2010, with data on Monday showing a contraction in the last quarter due to weak consumer spending and a strong yen. ... more
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POLITICAL ECONOMY

Japan overtaken by China as No. 2 economy
Japan lost its 42-year ranking as the world's second-biggest economy to China in 2010, with data on Monday showing a contraction in the last quarter due to weak consumer spending and a strong yen. ... more
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