24/7 News Coverage
July 13, 2011
DRAGON SPACE
Time Enough for Tiangong
Sydney, Australia (SPX) Jul 12, 2011
It's taken long enough, but it seems that we are finally getting close to the launch of Tiangong 1, China's first space laboratory. This small, cylindrical spacecraft will almost certainly take off before the end of September 2011, and will probably lift off a lot sooner than that. Chinese media reports now seem focused on this, although an exact launch date has yet to be specified. It's time enough for the launch. Tiangong was originally expected to launch in 2010, and was also once slated for la ... read more

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DRAGON SPACE

China launches new data relay satellite
China blasted off a new data relay satellite "Tianlian I-02" on Monday at the Xichang Satellite Launch Center in southwest Sichuan Province . The satellite was launched on a Long March-3C carr ... more
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NUKEWARS

Kim Jong-Il touts son to China: analysts
North Korea's leader Kim Jong-Il showed to a visiting Chinese delegation that his youngest son is firmly on the succession path, analysts said Wednesday. ... more
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NUKEWARS

Mullen urges Beijing to influence N. Korea
The chairman of the U.S. Joint Chiefs of Staff urged the Chinese leadership to rein in North Korea to prevent further unprovoked attacks on South Korea. ... 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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FLOATING STEEL

Jailed Chinese tycoon bids for British aircraft carrier
China's former richest man, who is serving a 14-year jail sentence for bribery and insider trading, is bidding for a decommissioned British Royal Navy aircraft carrier, his company said Tuesday. ... more
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MILPLEX

Bolivia forces assemble 6 Chinese warplanes
Bolivian and Chinese technicians have been assembling six K-8 Chinese warplanes for the country's war on drugs, said a military leader on Sunday. ... more
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SUPERPOWERS

Top US, Chinese officers hold talks
America's top military officer held talks with his Chinese counterpart Monday amid rising tensions in the South China Sea that Washington fears could spiral dangerously out of control. ... more
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SINO DAILY

China province seeks to ease 'one-child' policy
China's most populous province has asked for permission to ease the one-child policy after more than 30 years, an official said Tuesday, as concerns grow over gender imbalances and an ageing population. ... more
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US-Japan summit: what to expect
Trump calls for work on new Iran nuclear deal to begin 'immediately'
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SINO DAILY

China jails six over riots in industrial hub
China has jailed six people over riots that erupted last month in the nation's southern industrial heartland, state media said Tuesday. ... more
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FARM NEWS

Nestle to pay 1.4 bn francs for 60% of Hsu Fu Chi
Swiss food giant Nestle said on Monday it had agreed to take a majority stake in Chinese sweetmaker Hsu Fu Chi for 1.4 billion francs (1.2 billion euros, $1.7 billion). ... more
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SINO DAILY

Chinese bishops 'taken away' by police: report
Four bishops loyal to the Vatican have been "taken away" by Chinese police in recent days to take part in a state-sanctioned ordination, the Catholic news agency AsiaNews said on Monday. ... more
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ENERGY TECH

Philippines says China sea claim shaky
China's refusal to allow a UN-backed tribunal to rule on a South China Sea territorial dispute indicates Beijing's claim stands on shaky legal ground, the Philippines said Wednesday. ... more
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TRADE WARS

N.Z. questions China's Pacific aid strategy
New Zealand Foreign Minister Murray McCully raised concerns Wednesday about China's aid strategy in the Pacific, urging Beijing to stop giving so-called "soft loans" to nations such as Tonga. ... more
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POLITICAL ECONOMY

China economic growth slows to 9.5% in Q2
China said Wednesday its economy grew at a slower pace in the second quarter, highlighting the difficult task for Beijing as it battles to bring politically sensitive inflation under control. ... more
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ENERGY TECH

China considers shale gas production
The Chinese government is considering more unconventional methods to tap into the country's vast shale natural gas deposits. ... more
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ENERGY TECH

China's CNOOC cleaning up second oil spill
China National Offshore Oil Corporation, which was recently accused of covering up a huge spill, is cleaning up another slick after a breakdown at a rig off the northeast coast, officials said Tuesday. ... more
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Fresh quake barrage hits Greek island Santorini
Pain, anger as Turkey marks two years since quake disaster
January sets 'surprising' heat record: EU monitor
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FAST TRACK

China's new high-speed trains halted again
China's new flagship high-speed rail link between Beijing and Shanghai suffered fresh delays Tuesday due to a power cut, transport authorities said, two days after a similar incident hit the line. ... more
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TRADE WARS

Oil, Chinese imports swell US trade gap
The US trade deficit ballooned in May to the widest level in more than two and a half years as the world's largest economy sucked in foreign oil and Chinese imports while exports fell. ... more
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POLITICAL ECONOMY

China says local government debt 'controllable'
China's central bank said the risks from local government borrowing were "controllable", despite growing concerns over the potential for an explosion in bad loans. ... more
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TRADE WARS

Australia's Fortescue hints at HK, Shanghai listing
Australian iron ore miner Fortescue Metals is considering a listing in Hong Kong or Shanghai in a bid to get closer to its Chinese clients, the company's founder Andrew Forrest said Tuesday. ... more
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ENERGY TECH

China rejects Philippine proposal on disputed sea
China on Tuesday rejected calls by the Philippines for the two nations to bring their conflicting claims in the South China Sea before a United Nations-backed tribunal. ... more
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POLITICAL ECONOMY

Walker's World: Double dips and worse
China, the locomotive that has been driving the world economy, is slowing. And since the rest of the world is in no shape to compensate, a second recession or a very prolonged slowdown is starting to look inevitable. ... more
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ENERGY TECH

Timing of US military exercises 'inappropriate': China
China's top military officer on Monday called the timing of American naval exercises in the sensitive South China Sea "inappropriate", after holding talks with his US counterpart in Beijing. ... more
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ENERGY TECH

China's top general criticises US exercises
China's top military officer said Monday the timing of US naval exercises in the South China Sea was "inappropriate," after talks with his American counterpart aimed at cooling the territorial dispute. ... more
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CIVIL NUCLEAR

Japan still needs nuclear power: Tokyo governor
Tokyo's outspoken Governor Shintaro Ishihara says Japan still needs atomic power, despite what he expects will be "some hysterical reaction" to the ongoing Fukushima nuclear crisis. ... more
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THE PITS

21 trapped in China iron ore mine: report
Twenty-one workers are trapped underground after a flood in an iron ore mine in eastern China, state media said Monday, in the latest accident to hit the notoriously dangerous industry. ... more
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THE PITS

Three die in China coal mine rescue
Three rescuers died as they tried to help workers trapped in a colliery in eastern China, local authorities said Monday, as 21 people remained stuck in another mine in the same region. ... more
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TRADE WARS

China revises down Q1 current account surplus
China's current account surplus plunged 21 percent year-on-year in the first quarter, revised government figures showed Monday - a much larger fall than previously announced. ... more
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TRADE WARS

BRICS vow to improve access to low-cost medicine
The BRICS group of emerging countries on Monday vowed to improve access to low-cost and high-quality medicine - and called on developed nations to shoulder responsibility in helping the poor. ... more
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SINO DAILY

China says Tibetans 'closely' linked to majority Han
China said Monday Tibetans had been "closely connected" to its majority Han ethnic group "since ancient times", as it marks 60 years since the Himalayan region was "peacefully liberated" by its troops. ... more
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SUPERPOWERS

Hopeful Dalai Lama welcomes young monk to US
The Dalai Lama voiced optimism Saturday that China will reform and allow greater freedoms as he welcomed a young potential spiritual successor before thousands of well-wishers in Washington. ... more
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DISASTER MANAGEMENT

Two injured in second China escalator accident
At least two people were injured in an escalator accident at a subway station in Shenzhen in China, state media said Monday, days after a 13-year-old boy died in a similar accident in Beijing. ... more
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