China

Chinese investments in Myanmar's energy, mining sectors of concern

Bangkok  - Myanmar has attracted 69 Chinese companies to its energy and mining sectors, raising environmental and security concerns for local populations, EarthRights International (ERI) revealed Tuesday.

According to a survey conducted by ERI, a non-profit activist group, there are now 69 Chinese companies involved in Myanmar's hydropower, oil, natural gas and mining sectors compared with only 26 known companies in 2007.

Hong Kong leader's popularity falls to new low after milk scandal

Chinese dairy productsHong Kong - The popularity of Hong Kong's leader has plunged to a new low in the wake of the contaminated milk scandal in China, according to a survey Tuesday.

Beijing-appointed chief executive Donald Tsang was given a score of 53.4 out of 100 in the monthly poll of more than 750 people, his lowest score since taking office in 2005.

The ratio of people satisfied with Tsang's administration fell 3.7 percentage points month-on-month to 21.3 per cent, also the lowest level since Tsang took office.

Pak Taliban offer to release two Chinese engineers in exchange of 136 jailed militants

Mingora (Pakistan), Sept 30: The Pakistan’s unit of the Taliban – Tehreek-e-Taliban Pakistan (TTP) - have reportedly offered to released the two Chinese engineers, whom they had abducted earlier this month, in exchange for 136 jailed militants.

The extremists also declared a unilateral ceasefire in Swat till the third day of Eidul Fitr, but said that they would retaliate if attacked by Pakistani security forces.

Speaking to journalists on phone from an unspecified place on Monday, Taliban spokesman Muslim Khan said that the kidnapped engineers of a private Chinese cellular company were ‘safe’ in their custody, reported the Dawn.

Hong Kong shares slump as US rescue package fails to excite

Hong Kong - Hong Kong shares slumped by more than 4 per cent Monday as the bailout deal for the US economy failed to excite officials in the former British colony.

The blue-chip Hang Seng Index shed 801.41 points, or 4.29 per cent, to close at 17,880.68 points. Turnover was a weak 54.96 billion Hong Kong dollars (7.07 billion US dollars).

The price falls mirrored regional losses and were led by property stocks which tumbled on worries over the housing market and an increase in mortgage rates by HSBC.

Earlier in the day, Hong Kong government officials gave a muted welcome to the 700 billion US dollar deal agreed in Washington early Monday Hong Kong time.

China declares manned lunar landing as its next target

New Delhi, September 29: China has announced that a manned lunar landing is its next target when the current three-stage space program expires in 2020.

“When the three-phased strategy in our manned space program is completed, we will travel even further terrestrially,” said Wang Zhaoyao, deputy head of China’s manned space program office and Shenzhou VII mission spokesman.

“After comprehensively analyzing the general trend in international manned space developments, as well as Chinese realities, we see a manned lunar landing as both a very challenging and tactical field in global hi-tech,” he added.

“We deem it necessary for our country to do something in this field,” he further added.

China’s first space walkers wives praise their achievement

Beijing, Sept. 29: The wives of China’s first astronauts to walk in space have hardly been able to contain their excitement and emotion over the achievement.

Astronauts' wives Zhang Yao, Zhang ping and Zhang Shujing said they were all happy that the goal had been achieved with success and safety.

Xinhua quoted Zhang Shujing, the wife of Zhai Zhigang, who made his historic walk in space and waved the national flag, as saying: "When he opened the hatch door, my hands were full of sweat."

She said she had lost seven pounds over the past two weeks.

"Now I have prepared lilies and a rose for my husband's return. The rose represents my heart," she said.

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