BEIJING – China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week’s London summit on the financial crisis.
The surprise proposal by Beijing’s central bank governor reflects unease about its vast holdings of U.S. government bonds and adds to Chinese [...]
Pakistan and China
0 Comments Published August 9th, 2008 in Local News, National News, News, Pakistani News, Politics, Top StoriesPakistan and China have vowed to further consolidate their strategic partnership, with the main aim of promoting and safeguarding the fundamental interests of their peoples.
This was stated by Prime Minister Syed Yousuf Raza Gilani and his Chinese counterpart Wen Jiabao at their meeting in Beijing. The two leaders reiterated their firm resolve to carry forward [...]
Russia, China veto U.N. sanctions on Zimbabwe
0 Comments Published July 11th, 2008 in CNN News, Top StoriesUNITED NATIONS (CNN) – Russia and China vetoed a U.N. Security Council resolution Friday that would have imposed sanctions on Zimbabwe’s longtime president, Robert Mugabe, and 11 senior members of his government.
Zimbabwe President Robert Mugabe meets this week with Arthur Mutambara, an opposition leader.
According to a draft of the resolution, the measure would have instituted [...]
China fights flood threat in earthquake zone
0 Comments Published May 26th, 2008 in Most Pepular, News, Top StoriesANXIAN, China – China grappled with backed-up rivers and reservoirs in danger of collapse, along with looming storms that threatened Monday to compound damage from the country’s worst earthquake in three decades.
Two weeks after the magnitude 7.9 earthquake centered in Sichuan province, the confirmed death toll rose to 65,080 with 23,150 people still missing, the [...]
Chinese regulators have warned that relief efforts for the Sichuan earthquake must be transparent, and say any corruption will be punished.
The Communist Party’s anti-corruption commission said any action that hampered progress or wasted supplies would be swiftly dealt with.
Officials are working to get tents and supplies to the five million people made homeless by the [...]
Warning panics China quake zone
0 Comments Published May 20th, 2008 in BBC News, Most Pepular, Opinion, World NewsTens of thousands of people in China’s quake-hit Sichuan province have rushed from their homes after a government warning of a possible major aftershock.
People slept on the streets or drove to open ground after the warning was broadcast on television.
The 7.9 magnitude earthquake that hit on 12 May left over 71,000 people dead, buried or [...]
China has begun three days of mourning for the victims of the devastating earthquake in Sichuan province.
Flags are flying at half-mast and at 1428 (0628 GMT) a nationwide silence will be observed to mark exactly a week since the earthquake struck.
The mourning comes as hopes of finding more survivors in the rubble fade.
The number of [...]
Chinese President Hu Jintao has voiced his gratitude for the international aid following Monday’s massive earthquake.
“I express heartfelt thanks to the foreign governments and international friends,” Mr Hu was quoted as saying by the state-run Xinhua news agency.
Offers of help in the relief effort from home and abroad have now surpassed $800m, Chinese officials say.
The [...]
MIENYANG, China (CNN) — Chinese Premier Wen Jiabao on Thursday ordered 90 more helicopters for rescue missions in Sichuan province, adding urgency to the massive relief operations under way since Monday’s devastating earthquake.
Rescuers carry the injured from the quake-stricken town of Yingxiu Wednesday in Sichuan province.
1 of 3more photos ยป As mudslides, debris and fallen [...]
China airdrop for quake survivors
0 Comments Published May 15th, 2008 in BBC News, News, Top StoriesChina is mobilising 30,000 extra troops and 90 more helicopters to help with the rescue operation after Monday’s devastating earthquake.
About 10 million people in Sichuan province have been directly affected by the 7.9 quake that flattened entire villages, state media said.
Nearly 15,000 people are known to have been killed, and another 26,000 are still trapped [...]