China

Pak, China soon to set up Joint Power Corporation

Pakistan, ChinaIslamabad, Oct 5 : Pakistan and China would soon establish a joint body to attract investments for nuclear and coal-based power plants and large dams in the country, sources in Pakistan’s Water and Power Ministry said.

The “Pak-China Joint Power Corporation” will help in developing technology and technical expertise for the new power projects, the sources added.

Pakistani and Chinese authorities had discussed the proposal during a meeting in the Foreign Office on September 24 and had decided that a framework for the organisation would be devised in a minister-level meeting in China soon, the Daily Times quoted them as saying.

China raises eyebrows at US’ six-billion-dollar arms deal with Taiwan

China raises eyebrows at US’ six-billion-dollar arms deal with TaiwanWashington, Oct 5 : Beijing has warned that the US’ decision to sell weapons to Taiwan worth more than six billion dollars would hamper US-China relations. Following the US announcement on Friday in this regard, officials in Beijing issuing denunciations and warnings that the weapons deal could “worsen bilateral relations”.

Chinese dissident in Taiwan asks to go home

Chinese dissident in Taiwan asks to go home Taipei - A Chinese dissident attempting to claim asylum in Taiwan since last year asked to be repatriated on Saturday, following an unsuccessful bid for refugee status.

Cai Lujun, 40, made the request in a letter emailed to the Taiwan government. Taiwan officials have said that they would respect Cai's wish.

Cai, a former businessman in Hebei Province in China, was a jailed for three years in 2003 for criticizing the Chinese government on the internet.

On July 26, 2007, he fled to Taiwan on a fishing boat to seek asylum.

Young Sichuan quake survivors on vacation in Taiwan

taiwan, taipeiTaipei - Twenty-nine young survivors of the deadly earthquake in China's Sichuan Province were in Taiwan for a holiday to help them recover from the trauma of the May 12 quake which killed 70,000 people, reports said Saturday.

The children, aged between seven years and their teens, were guests of the Chinatrust Charity Foundation, a Taiwanese charity.

Having visited Taipei, the capital of Taiwan, and the Taipei Zoo, the group on Saturday arrived in Nantou County in central Taiwan, to visit the site of the September 21, 1999 earthquake which killed 2,321 people and injuring 8,000.

Skype unaware Chinese partner was monitoring and storing messages

Beijing - Skype, the online text message and voice service, acknowledged Friday that its Chinese partner had been archiving politically sensitive text messages.

Skype president Josh Silverman said the company was unaware that the internet chat of users in China, especially political discussions, was being stored on computer servers by Chinese mobile firm TOM Online, a unit of Hong Kong-based TOM Group Ltd.

In a statement, Silverman said the US company owned by auction giant eBay was "very concerned" about the monitoring and storage as well as a security breach that was discovered by Canadian researchers.

China’s CP Secure Acquired By Netgear For $17.5 Million

Recently, it was announced by Netgear Inc., a networking-equipment maker, that CP China’s CP Secure Acquired By Netgear For $17.5 Million Secure Inc., a provider of security solutions would be taken over by them though a deal of $17.5 million. CP Secure Inc, that provides security, basically protects against Internet-originated web and email based malware threat. 

To acquire CP Secure’s assets, Netgear, a California based company will pay $14 mn in cash and if in case CP Secure hits unspecified objectives before the closure of the acquisition, it will be paid additional $3.5 mn. 

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