Daily Archives: August 15, 2012

China, North Korea sign agreements on economic zones

August 15, 2012

China said Tuesday it signed agreements with North Korea pushing forward their joint development of economic zones, as the new leader in Pyongyang seeks to improve his country’s impoverished economy. The agreements cover the setting up and operation of management committees in the zones in North Korea, electricity supply in one of them, and...

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China finishes construction of railway linking ASEAN

August 15, 2012

TONGHAI, Yunnan, (Xinhua) — Construction workers on Tuesday laid the last piece of a railway that will link southwest China’s Yunnan province with the Association of Southeast Asian Nations (ASEAN) countries. The Yuxi-Mengzi Railway has a total length of 141 km with a designed maximum speed of 120 km per hour. It passes through 35...

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Beijing Denies Creating Rifts Over S. China Sea

August 15, 2012

China is denying that it is attempting to create discord within the ASEAN regional bloc in an attempt to exert more influence in disputed areas of the energy-rich South China Sea. Some observers say Beijing does not want the 10-member Southeast Asian grouping to unify on the matter because China would rather deal with...

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Beijing Unflustered by Cool Ties With Seoul

August 15, 2012

Pushy neighbor? South Korea’s politicians try to improve relations with China, even as ROK coast guard patrol tries to keep Chinese fishermen at bay in the Yellow Sea, December 2010 WASHINGTON: On July 3, South Korea’s Ministry of Foreign Affairs and Trade set up a chat-room on the ministry’s homepage to solicit input from the...

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Hong Kong Sails to Defend Islands’ Sovereignty

August 15, 2012
Hong Kong Sails to Defend Islands’ Sovereignty

Reuters Activists from the Hong Kong-based “Action Committee for Defending the Diaoyu Islands” shout slogans and wave the Chinese flag on a fishing boat before departing for the disputed Senkaku islands on August 12, 2012. A group of Hong Kong activists climbed aboard a fishing boat this week and began sailing to a set...

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China signals strong support for decaying North Korea economy

August 15, 2012
China signals strong support for decaying North Korea economy

North Korean politician Jang Song-thaek, uncle of North Korean leader Kim Jong-un, rides on a car upon his arrival at Beijing international airport in Beijing (KYODO, REUTERS / August 13, 2012) BEIJING (Reuters) – China on Tuesday promised to help major firms invest in impoverished neighbor North Korea, signaling strong support for the North’s...

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North Korea visits Beijing for trade talks

August 15, 2012

Beijing (China Daily/ANN) – A delegation from the Democratic People’s Republic of Korea (DPRK or North Korea) is visiting Beijing to hold talks with officials on economic and trade ties, sources told China Daily. Specialists in Korean Peninsula affairs said the visit will play a crucial part in improving North Korea economy following food...

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China approves Wal-Mart control of online supermarket

August 15, 2012

China said Tuesday it has approved a plan by Wal-Mart Stores Inc. to gain control of a local online supermarket, but imposed conditions on the deal over concerns it could hinder competition. The approval comes after the US-based global retail giant announced in February that it reached a deal to increase its investment in...

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China microbloggers post almost 400m Olympic messages

August 15, 2012

China may have slipped to second place in the Olympic medals table, but when it came to online enthusiasm about the Games its microbloggers were second to none. China’s main microblogging site Sina Weibo said its users posted 393 million messages about the London Olympics over the course of the two-week event — well...

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