From the International Herald Tribune: The United States and China have signed an aviation agreement that will double commercial passenger departures by 2012 and allow unlimited cargo flights between the two countries, according to a Transportation Department news release. The pact was signed Monday by Transportation Secretary Mary Peters and Minister of Civil Aviation Yang […]
Read MoreLess expensive cars made in China are edging their way into the European car market. From the International Herald Tribune: Paradoxically, the Chinese have been helped in Europe by their alliances with Western automakers in China. Some of the Chinese cars being imported to Europe use electrical components from Bosch, the big German auto parts […]
Read MoreFrom Xinhua: China’s top judiciaries on Sunday issued a document targeting “new forms of corruption” in an effort to catch up with the tricks of wily, corrupt officials, following the regulation issued by China’s disciplinary watchdog in June. The document, co-issued by the Supreme People’s Court (SPC) and the Supreme People’s Procuratorate (SPP), set a […]
Read MoreThe Chinese government has offered Guinea, the Africa’s lead exporter of bauxite, a new dam and debt relief in exchange for access to Guinea’s mineral reserves. Negotiations are still being conducted. From Reuters: China has agreed to fund the construction of a $1 billion hydroelectric dam in mineral-rich Guinea and renovate a series of state […]
Read MoreConstruction on the South-to-North Water Diversion Project has begun. Projected to be finished in 2050, the Project will connect the Yangtze, Yellow, Huaihe and Haihe Rivers and be able to transport 44.8 billion m¬≥ of water. Officials expect that the water tunnels will be functional enough in 2008 to divert water to the Beijing Olympics. […]
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