From The New York Times: China will surpass the United States in 2009, nearly a decade ahead of previous predictions, as the biggest emitter of the main gas linked to global warming, the International Energy Agency has concluded in a report to be released Tuesday. China’s rise, fueled heavily by coal, is particularly troubling to […]
Read MoreFrom The New York Times: President Chen Shui-bian admitted Sunday that he submitted false receipts for reimbursement from public funds and lied to prosecutors about how he spent the money, but said he had done so in the interest of national security. The president, who twice won elections advocating steps toward formal independence from mainland […]
Read MoreFrom Financial Times: China’s foreign currency reserves have exceeded $1,000bn for the first time, according to reports yesterday on the country’s state television network. The announcement had been expected since China’s State Administration of Foreign Exchange announced last month that its reserves hit $987.9bn at the end of September. China’s forex reserves became the largest […]
Read MoreChina and Africa are taking advantage from each other. Read today’s two stories: From The New York Times: China and a number of African nations agreed Sunday on 16 trade and investment deals valued at $1.9 billion, as Beijing extended its efforts to create a broad economic and diplomatic partnership with Africa, a resource-rich continent. […]
Read MoreAfter Shanghai’s party chief Chen Liangyu was sacked, Nanjing’s party chief was fired due to briberies and severe discipline violation, said Taiwan’s United Daily. Wang Wulong (ÁéãÊ≠¶Èæô), party chief of Nanjing, capital city of east-coast Jiangsu province, was fired and expelled from CPC. Wang’s removal could be attributed to two reasons, said the newspaper. First, […]
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