Daily Archives: March 17, 2012

China’s 1st Female Astronaut May Fly on Space Docking Mission

March 17, 2012

China is preparing to launch people to a prototype space station for the first time, and the crew may include the first female Chinese astronaut, or taikonaut. Chinese space agency officials have selected an initial group of potential crew members for the upcoming mission, which will be China’s first manned docking. The batch includes...

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Indonesian president’s China trip will strengthen ties, says ambassador

March 17, 2012

JAKARTA, March 15 (Xinhua) — Indonesian President Susilo Bambang Yudhoyono’s state visit to China will further strengthen the strategic bilateral relationship between the two countries, Chinese Ambassador Liu Jianchao said here Thursday. President Yudhoyono will arrive in Beijing on March 22 and engage in a flurry of diplomatic activities in his three-day visit. He...

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China probes McDonald’s over expired chicken

March 17, 2012

China’s food safety authorities said on Friday that they were probing a Beijing outlet of McDonald’s Corp., the world’s biggest hamburger chain, after a report on state television pointed to quality problems there. The CCTV report said the Sanlitun branch was selling food beyond its expiration date, according to the official Xinhua news agency....

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Pact sets China’s filmmakers fighting for silver screens

March 17, 2012

BEIJING — Underdogs fighting off a foreign invasion or small-time hopefuls competing against all odds for the spotlight. Those could be plot lines for Hollywood scripts – or the real world plight of China’s movie producers, now that Beijing has approved imports of a new wave of American blockbusters. A deal hammered out during Vice...

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The Upside to a Downshifting China

March 17, 2012
The Upside to a Downshifting China

Chinese premier Wen Jiabao raised eyebrows last week in a speech at the National People’s Congress, the annual meeting of China’s legislature. In opening remarks, Wen signaled his country’s decision to lower its targeted economic growth rate to 7.5% after maintaining an 8% goal for the last seven years. While the announcement sent tremors...

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PayPal to tap domestic e-payments market in China, India

March 17, 2012

HONG KONG | Fri Mar 16, 2012 8:27am EDT HONG KONG (Reuters) – EBay Inc’s (EBAY.O) unit PayPal is expanding its domestic electronics payments presence in Asia with plans to tap China and India, the region’s biggest consumer markets, a senior executive said on Friday. PayPal’s domestic e-payments system is already available in Asia...

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