24/7 News Coverage
February 28, 2011
TAIWAN NEWS
Taiwan to relax China high-tech investment limits
Taipei (AFP) Feb 27, 2011
Taiwan is to relax controls on investments from mainland China in the island's high-tech companies, a senior economic official said Sunday. The move is yet another sign of fast-warming ties with Beijing. According to the state Central News Agency, Chinese companies will be allowed to own up to 10 percent of individual semiconductor and flat-screen manufacturing companies. Chinese companies will also be permitted to own up to 49 percent of subsidiaries controlled by the high-tech firms. " ... read more

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WAR REPORT

Third Greek ferry of Chinese fleeing Libya arrives in Crete
A third Greek ferry chartered by China to evacuate its nationals from Libya cast anchor in the port of Heraklion on the southern Greek island of Crete early Saturday. ... more
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MILPLEX

China's Huawei seeks US government probe
Chinese telecom giant Huawei on Friday urged the US government to investigate the company, arguing "unfounded accusations" and "falsehoods" had jeopardised its operations in the United States. ... more
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WAR REPORT

Exodus from Libya as thousands land in Malta
A British warship and a Chinese-chartered ferry arrived in Malta on Saturday loaded with thousands of evacuees from Libya in an exodus of foreign nationals fleeing the oil-rich North African state. ... 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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FLORA AND FAUNA

Candid Cameras Give A Chance To See Wildlife As A Scientist Does
The new website allows the public to see exactly what scientists see in their research-photos of wildlife captured at close range, from the head-on stare of a jaguar in Peru to inside the mouth of a ... more
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WATER WORLD

Marine 'Networks' Can Protect Fish Stocks
University of Miami (UM) Rosenstiel School of Marine and Atmospheric Science faculty were part of an international scientific team to show that strong links between the corals reefs of the South Chi ... more
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WATER WORLD

Survey Finds More Sea Islands Disappear In China
A five-year government survey finds that China faces a worsening problem over the disappearance of sea islands caused by disorderly and crude exploitation. Reclamation, sand dredging, and bomb ... more
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SHAKE AND BLOW

NZ promises Japan, China probe into school tragedy
New Zealand Sunday assured Japan and China it would "vigorously" probe the collapse in last week's quake of a building in which dozens of foreign students are thought to have died. ... more
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Military Space News, Nuclear Weapons, Missile Defense
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

China's Wen vows action, police smother 'rallies'
Chinese Premier Wen Jiabao pledged on Sunday to tackled a range of hot-button public concerns as an online call for rallies across the country to pressure the government fizzled in major cities. ... more
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CLIMATE SCIENCE

Drought rattles farmers in eastern China
Yu Ruicheng's weathered face creases with worry as she stands on her dry wheat field in eastern China, where a record drought is threatening to send soaring global food prices even higher. ... more
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EARLY EARTH

Fossil in China said to show first legs
Scientists say an ancient fossil found in China dubbed the "walking cactus" is not a plant but the first creature to walk on bendable, jointed legs. ... more
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ABOUT US

Men's cosmetics take off in China
More and more Chinese men are looking to the power of skin creams and anti-age serums to help them get ahead professionally, sparking a booming new market that has major cosmetics firms salivating. ... more
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SINO DAILY

China says population rises to 1.34 billion
China said on Monday that its population - already the world's largest - increased by 6.3 million last year to hit 1.341 billion by the end of 2010. ... more
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SINO DAILY

Pollution threatens Chinese growth: minister
Dire pollution and the gobbling of resources have caused China grave environmental problems and could restrain economic growth if not addressed properly, the environment minister said Monday. ... more
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SINO DAILY

More China rallies planned after tough clampdown
Organisers of an online anti-government campaign called Monday for new rallies in China on March 6 despite a smothering security response at the weekend that saw foreign journalists roughed up. ... more
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ENERGY TECH

Asian evacuees tell of Libya turmoil
Evacuees returning to Asia from Libya at the weekend told harrowing tales of chaos, violence and looting - and above all the relief of being safely back home. ... more
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24/7 News Coverage
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CAR TECH

Luxury dazzles, China beckons at the Geneva motor show
Major car makers were set to dazzle visitors to the Geneva motor show over the coming week with a touch of luxury, but China and emerging markets will be firmly in mind at the European showcase. ... more
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FAST TRACK

China rail firms look abroad for expansion
China's rail and train builders, who gained valuable experience at home in projects with Western heavyweights, are now competing with them for global contracts, but analysts say a lack of international savvy could clip their ambitions. ... more
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POLITICAL ECONOMY

China targets 7% growth, to rein in inflation: Wen
Premier Wen Jiabao on Sunday said China had set a lower than usual economic growth target and pledged to contain soaring prices as concern over runaway growth mounts. ... more
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TRADE WARS

China shifting to no-logo luxury says Chloe CEO
The tastes of China's wealthy are shifting away from designer goods with flashy logos to more understated luxury brands, the chief executive of French fashion house Chloe said Friday. ... more
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CAR TECH

Volvo to invest $11 bn in next five years
Chinese-owned car maker Volvo said Friday it hopes to become a global luxury brand and turn China into a major manufacturing base by investing $11 billion over the next five years. ... more
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TRADE WARS

Japan to offer rare earth subsidies for rare earths
Japan said Friday it would offer around 42 billion yen ($513 million) in subsidies designed to slash the nation's reliance on Chinese rare-earth minerals by a third. ... more
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THE PITS

China says over 2,400 dead in coal mines in 2010
A total of 2,433 people died in coal mine accidents in China last year, a senior work safety official said Friday, vowing to beef up safety in the nation's notoriously dangerous collieries. ... more
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AEROSPACE

China to spend $230 bn on aviation sector
China plans to invest more than 1.5 trillion yuan ($228.2 billion) in the aviation industry over the next five years to meet surging demand as its economy booms, the sector's top regulator said Thursday. ... more
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SOLAR DAILY

ZenithSolar Signs Landmark Agreement With Chinese Government
ZenithSolar has announced that it has signed a memorandum of understanding (MOU) with the Energy Bureau of Gansu Provincial Development and Reform Commission of the People's Republic of China for co ... more
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ENERGY TECH

China oil producer CNPC halts Libya production
China National Petroleum Corp (CNPC), the nation's largest oil and gas producer, said Monday it has halted production in crisis-hit Libya and evacuated all its employees from the country. ... more
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ENERGY TECH

China evacuates nearly 29,000 nationals from Libya
China said Monday it had evacuated nearly 29,000 of its nationals from strife-torn Libya, where a popular uprising has left at least hundreds dead and triggered a mass exodus of foreigners. ... more
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SOLAR DAILY

Parity Solar Achieves MCS Accreditation
Following a rigorous review of the company's manufacturing processes, materials, procedures and products carried out in China by the British Board of Agrement, Parity Solar is delighted to confirm t ... more
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ENERGY TECH

China's CNPC says Libya facilities attacked
China National Petroleum Corporation (CNPC) said that some of its facilities were attacked in unrest-hit Libya and that the company was evacuating its Chinese employees out of the country. ... more
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SINO DAILY

China scraps death penalty for some crimes
China on Friday eliminated capital punishment for some economic crimes, as it moved to curb use of the death penalty in a country believed to execute more people than the rest of the world combined. ... more
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ENERGY NEWS

S.Korea, China firms in Vietnam power deal
A South Korean firm and a Chinese sovereign wealth fund on Thursday agreed to buy stakes in a power project in energy-hungry Vietnam, the project developer said. ... more
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FAST TRACK

China rail minister formally dismissed
China's parliament on Friday formally dismissed the nation's railways minister after he was placed under investigation earlier this month on suspicion of graft. ... more
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