Tag: China

BEIJING - Chinese scientists say they have developed nuclear fuel reprocessing technology that could effectively end uranium supply concerns, state media said, as Beijing strives for energy security.
The technology, developed by state-run China National Nuclear Corp in the remote northwestern province of Gansu, enables the country to re-use irradiated nuclear fuel, China Central Television said. "China's proven uranium sources will last only 50 to 70 years, but this now changes

ISLAMABAD - The Foreign Ministry approved a comprehensive plan on Friday to observe 2011 as a 'year of friendship' between Pakistan and China and both countries will celebrate the year at leadership, government, business and public level.
The year also marks the 16th anniversary of the establishment of diplomatic relations between the two countries.
According to the foreign office statement, a meeting of the Inter-Ministerial Task Force including provincial representatives

TOKYO - Japan should discuss a free trade deal with China while improving diplomatic ties through ministerial exchanges, Foreign Minister Seiji Maehara said in an interview aired Friday.
"I believe it is important to make efforts on the governmental level so that Japan and China will discuss a free trade agreement and other things, expand economic and trade ties and build win-win relations," Maehara told NHK.
Japan's relations with China plunged to the lowest point in years

BEIJING - Chinese President Hu Jintao said in a New Year's Eve address on Friday China would adhere to the path of peaceful development and would always seek to cooperate when facing global problems.
Hu's annual address broadcast by state television appeared to be targeted at rising concern around the world over China's growing political and military clout which has been fuelled by 30 years of fast-paced economic growth.
"I would like to reiterate, China will continue to

BEIJING - China has announced its youngest-ever national squad for next month's Asian Cup in Qatar as the football-loving nation hopes to turn the page on a nasty graft scandal that has marred the game.
With an average age of 24, the squad is the youngest in the history of the men's senior team and only boasts one overseas-based player -- Hao Junmin, who plies his trade in the German Bundesliga for Schalke 04.
"The ultimate goal for this young senior team is to make the 2014

BRUSSELS - A European Union arms embargo clamped on China in 1989 following the Tiananmen crackdown could be lifted in early 2011, Brussels sources told Thursday's edition of France's Le Figaro daily.
The lifting of the embargo on all lethal weapons "could happen very quickly," a source close to EU foreign policy chief Catherine Ashton told the paper.
An EU diplomat in Brussels refused to confirm the claim, but acknowledged that Ashton recommended as much in a report

BEIJING - China on Wednesday admitted its corruption problem was "still very serious" and pledged to work harder to crush widespread official graft and win the public's confidence.
In a new govt report on the anti-corruption drive, the communist rulers in Beijing reiterated that the country's "harmony and stability" depended on efforts to build a clean govt. It said the ruling party had shifted its efforts to stamp out graft in the past decade to focus on senior officials who

KARACHI - China is to clear the blocked Karakoram Highway (KKH) at Attabad and constructing new infrastructure in the affected area in a bid to resume and kick-start bilateral trade through the land route.
The closure of the highway is a major hindrance to trade with China. Islamabad has formally requested Beijing to invest in the effort to repair the route, Gilgit-Baltistan Chief Minister Syed Mehdi Shah told Pakistan Today on Wednesday.
The CM, who was visiting the head

BEIJING - China was miserly in raising interest rates on Christmas Day, but in fact investors have good reasons to be grateful. The government provided much-needed reassurance that it was determined to rein in price pressures; a salutary reminder that more yuan appreciation than the market expects could be in the offing.
The key take-away from the rate increase, China's second in just over two months, is that Beijing is softly, softly pulling every tightening lever within its

BEIJING - At least 21 people were killed -- including 14 schoolchildren -- and 25 injured in two car accidents in China on Monday, one of which involved over 100 vehicles, state press reported.
The 14 children died when the three-wheeled vehicle in which they were travelling plunged off a road in central Hunan province early Monday, Xinhua news agency said.
Xinhua earlier said nine children were killed and one was missing in the accident, in Hengnan county.
Later it

BEIJING - China's central bank on Saturday raised interest rates for the second time in three months as authorities ramped up efforts to curb borrowing, rein in property prices and tame inflation.
The People's Bank of China said in a brief one-line statement that it will increase the one-year lending and deposit rates by 25 basis points each. The move takes the rates to 5.81 percent and 2.75 percent respectively from Sunday.
In October, policymakers raised rates for the

FAISALABAD - The government, in coordination with a Chinese firm, has decided to launch the long-awaited Controlled Atmosphere Project (CAP) for the conservation of locally produced fruit and vegetables such as apple, banana, orange, strawberry, cherry, lemon, guava, mango, onion, potato, green peas and other items of grocery.
The CAP will double the life span of fruits and vegetables besides preventing the wastage of 34,000 tons of fruits and vegetables that are lost in transit

ISLAMABAD: China is committed to the construction of the Chashma Nuclear Power Plant (CHASNUPP) unit three and four, Chairman Board of Investment (BoI) Saleem Mandviwala said addressing a news conference here on Monday. He added that he was not aware about other details relating to these projects, as BOI processed 18 Memoranda of Understanding (MoU) of $ 15 billion investment while 13 MoU were signed at the Prime Minister's residence.
China has helped Pakistan to construct

ISLAMABAD: After reaching an agreement for two more nuclear power reactors to Pakistan, China could approach the Nuclear Suppliers Group (NSG) for a waiver for Islamabad, similar to that provided to India for a nuclear deal with the US.
The NSG is a multinational body concerned with reducing nuclear proliferation by controlling the export and re-transfer of materials that may be applicable to nuclear weapon development. China's position on nuclear energy cooperation with

ISLAMABAD: Calling China a true and most reliable friend of Pakistan, Prime Minister Yousaf Raza Gilani on Sunday said the world had a lot to learn from China.
In his vote of thanks after the address of Chinese Prime Minister Wen Jiabao to a joint session of parliament, Gilani said all political parties, all parliamentarians, and the whole nation stood united to take the friendship and partnership with China to greater heights. He said Pakistan and China enjoyed unique relations

ISLAMABAD: Chinese Prime Minister Wen Jiabao on Sunday strongly voiced China's support to Pakistan's perspective on the war against terrorism, saying terrorism must not be linked to any particular religion or ethnic group.
"There should be no double standards in this regard. Steps should be taken to address the real reasons that lead to terrorism. China will stand by Pakistan to confront all challenges, bring peace and stability to the region, and to turn a new page in

ISLAMABAD: Pakistan and China have resolved to enhance strategic coordination, advance pragmatic cooperation and work together to meet challenges in pursuit of common development.
Chinese Premier Wen Jiabao signed the joint communique with his Pakistani counterpart, Yusuf Raza Gilani at the end of his three-day visit to Islamabad in which he met with President Asif Ali Zardari, the country's senior military leadership and leaders of the main political parties.
"Pakistan and