World’s major emerging powers meet in China

Leaders of five of the world’s major emerging powers said Thursday the use of force in Libya and the Arab world should be avoided, at a summit intended to showcase their growing global clout. The leaders of Brazil, Russia, India, China and South Africa also warned volatile commodity prices could slow the global recovery and that huge capital flows could hurt developing countries, according to a draft summit communique. Chinese President... [more]

China factories face shortages due to Japan quake

Electronics and auto makers in China are facing a severe shortage of components after Japan’s twin disasters disrupted production, but the full impact will not be felt for weeks, analysts say. The earthquake and tsunami that devastated Japan’s northeastern coast on March 11 shattered infrastructure, caused power outages and forced temporary factory shutdowns — meaning shipments of key parts to China also stopped. “As... [more]

China still fuming over Liu’s Nobel prize

Six months after the Nobel Peace Prize was awarded to Chinese dissident Liu Xiaobo, Norway is still feeling Beijing’s fury, though a series of retaliatory moves has largely spared flourishing bilateral trade. In December, China blocked Liu from attending the prize ceremony in the Norwegian capital Oslo, where an empty chair on the podium marked his absence. Liu, a former professor who was at the forefront of the 1989 Tiananmen Square... [more]

Google profile in China shrinking

A year after a public spat with Beijing over censorship, Google Inc. says its business with Chinese advertisers is growing even as the Internet giant’s share of online searches in China plunges. A major Chinese portal announced last week it would no longer use Google for search, compounding its rapid loss of market share since March last year when it closed its local search engine. The future of a Google map service that is a key part... [more]

Australia PM urges consul access to China blogger

Prime Minister Julia Gillard urged China Thursday to allow consular access to an Australian writer and blogger feared detained by authorities after confirming he had been in touch with friends. Yang Hengjun, a former Chinese diplomat who is now based in Sydney and is an Australian citizen, disappeared on Sunday after ringing a colleague to say he was at Guangzhou in southern China and was being followed by three men. Rights group Amnesty... [more]

Geithner at G20 urges more flexible forex policies

US Treasury Secretary Timothy Geithner on Thursday called for more flexible exchange rate policies at a Group of 20 meeting in China, saying it was crucial to global monetary system reform. Geithner did not explicitly single out China in his remarks at a G20 seminar on international monetary reform attended by ministers and central bankers, but hinted that Beijing needed to loosen its grip on the yuan. He said that to better manage sweeping... [more]

Sarkozy in China for G20 meet before Japan visit

French President Nicolas Sarkozy arrived in China on Wednesday at the start of an Asian mini-tour that will include a G20 seminar on the world monetary system and a stop in disaster-struck Japan. The French leader landed in Beijing at 3:00 pm (0700 GMT) and was later due to hold a working dinner with Chinese President Hu Jintao. Aides to Sarkozy said those talks would touch on key bilateral concerns but also hot-button global issues —... [more]

Germany second in global green energy race

Germany has outpaced the United States as the number two player in clean energy while China keeps racing ahead as the world’s green investment leader, a study said Tuesday. The survey by the Pew Charitable Trusts found strong growth on a global scale for solar, wind and other renewable energy, although one major exception was Britain, which saw a sharp decline after a new government took charge. “What we believe it all comes... [more]

China launches crackdown on tainted pig feed

China’s government has launched a yearlong crackdown on illegal additives in pig feed after some pigs owned by meat suppliers tested positive for a banned chemical that can be dangerous to humans. Tainted pork has become the latest food safety scandal to shock China after state broadcaster CCTV ran an expose earlier this month showing that a subsidiary of China’s largest meat producer, based in central Henan province, used pork... [more]

P&G, Unilever up China prices amid inflation worries

Consumer goods giants Procter & Gamble (PG.N) and Unilever (ULVR.L) will both raise their prices on detergent and soap in China by up to 15 percent next month, local media reported, underscoring the challenges Beijing faces to rein in inflation. Policy makers in the world’s second-largest economy have been racing to contain consumer prices, which rose 4.9 percent in February from a year earlier, to prevent inflationary expectations... [more]

Custom Search
Divorce
merchant accounts 
Washington DC auto injury lawyer  
No Win No Fee Employment Solicitor
Jesus Christ