Beijing

India, China will increasingly rely on oil imports by 2030

India ChinaNew Delhi/Beijing, Nov. 19 : India and China will increasingly rely on oil imports by 2030, according to the International Energy Agency (IEA).

According to a China Daily report, China and India are expected to account for over half of incremental energy demand by 2030, the IEA says, adding that China will account for almost 75 percent of global total oil consumption

China shares rebound by 6 per cent, following Wall Street

China shares rebound by 6 per cent, following Wall StreetBeijing - China's two stock markets soared by more than 6 per cent Wednesday, buoyed by speculation of more government economic measures and an overnight rally on Wall Street.

The key Shanghai Composite Index, which tracks shares traded in foreign and local currencies, gained 115.04 points, or 6.05 per cent, to close at 2,017.47.

The smaller Shenzhen Composite Index ended the day up 32.33 points, or 6.16 per cent, jumping to 557.31.

Both markets had lost more than 6 per cent Tuesday after strong gains last week and Monday.

Residents riot over plans to move quake-hit China city

China, BeijingBeijing - Up to 2,000 residents rallied against rumoured plans to relocate a north-western Chinese city devastated by the Sichuan earthquake, with some protestors smashing windows and attacking government cars, reports said on Tuesday.

The crowd had grown since early Monday in response to rumours that the local branch of China's ruling Communist Party had decided to relocate the quake-hit city of Longnan in Gansu province, the influential Caijing magazine said.

State TV drops live coverage of scandal-hit China league

Beijing - State-run China Central Television, the country's main national broadcaster, has suspended its live coverage of the Chinese Super League after the latest in a series of scandals to hit the ailing league, reports said on Tuesday.

A mass brawl at the end of last Wednesday's match between Beijing Guo'an and Tianjin Kangshifu was apparently the final straw for CCTV.

"The present situation of Chinese football has hurt everybody," Jiang Heping, the controller of sports channel CCTV-5, told the popular Titan Sports newspaper.

Jiang said CCTV made the decision to drop coverage to be "responsible to the country and to people."

China rescues 32 miners after 23 hours in flooded shaft

China rescues 32 miners after 23 hours in flooded shaft Beijing  - Rescue workers pulled 32 miners from a flooded coal shaft in central China on Tuesday after they were trapped underground for 23 hours, state media said.

The miners rescued from the Gaomendong mine in Henan's Jiaxian county, near the city of Pingdingshan, were all in poor health and were rushed to a local hospital for treatment, the official Xinhua news agency said.

One other miner pulled out of the shaft had already died and another remained missing, the agency quoted Pingdingshan city government spokesman Dong Yuxi as saying.

Cave-in, cracks preceded China tunnel collapse

China, BeijingBeijing - A small cave-in and surface cracks preceded the collapse of a road into a subway tunnel in eastern China, but did not lead to the suspension of construction work, state media said on Monday.

Rescue workers were still removing the steel frame from the tunnel so that they would be able to dig for 14 people still missing since the collapse on Saturday in the city of Hangzhou, China Central Television said.

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