Archive for ‘Good news’

09/02/2012

* Playing down irritants, India and China call for new, ‘flexible’ approach to ties

The Hindu: “Indian and Chinese leaders on Wednesday laid out a new roadmap for bilateral ties, calling for a “flexible” and “imaginative” approach in 2012 to minimise the effect of persisting political irritants, such as the border dispute and Tibet.

External Affairs Minister S.M. Krishna, who on Wednesday evening inaugurated India’s new $10-million embassy, which he described as turning “a new page” in ties, underscored India’s willingness to calm sources of tension. He particularly stressed in unusually strong terms New Delhi’s support to Beijing on the Tibetan issue, amid ongoing unrest in Sichuan province that has seen at least 16 self-immolation protests by Tibetans in the past year and clashes last month with police forces that have left at least two killed and dozens injured.”

http://www.thehindu.com/news/national/article2872755.ece

07/02/2012

* China manages to shrink its deserts each year

Xinhua: China’s deserts are shrinking by 7,585 sq km annually, compared with an annual expansion of 10,400 sq km at the end of last century. The decrease showed the desertification that started in China in the late 1990s had been “primarily brought under control,” said Zhu Lieke, deputy director of the State Forestry Administration.

China has 2.64 million sq km of land eaten up by desertification, which accounts for 27.46 percent of its land territory.

The Chinese government invests 2 billion yuan (250 million U.S.dollars) a year in fighting desertification, but it is difficult to hit the target that all the country’s “curable” desertified land will be restored by 2050. It would cost at least 238.5 billion yuan (29.8 billion U.S. dollars) to reach the goal, said Zhu.

http://news.xinhuanet.com/english/2006-05/30/content_4618229.htm

Both the reduction of deserts and the diversion of water from southern to northern rivers, and – of course – the Three Gorges Dam, are signs that a country where the majority of top leaders are trained and experienced engineers will find engineering solutions to its problems.  See – http://chindiapedia.org/Politicslocalandgeo.aspx

See also: https://chindia-alert.org/economic-factors/greening-of-china/

Tags:
06/02/2012

* China – more support for affordable housing

China Daily: ” China vowed to expand financial support for affordable housing projects this year as the government continues its efforts to bring housing prices back to reasonable levels.

… to build 36 million affordable housing units during the 2011-2015period in an effort to give more mid- and low-income households access to housing and stabilize runaway property prices, with 10 million units planned for both 2011 and 2012.”

http://www.chinadaily.com.cn/china/2012-02/06/content_14547215.htm

02/02/2012

* India, China join hands on the high seas to tackle pirates

New Delhi, February 1
“Faced with persistent threats from pirates operating off the coast of Somalia, uneasy neighbours India and China have started cooperating with each other, roping in Japan to tackle piracy. This is the first working relationship on the high seas between the Indian Navy and China’s People Liberation Army (Navy).”

http://www.tribuneindia.com/

01/02/2012

* China re-emphasizes agriculture

With growing affluence and changing tastes, several staples like soya, rich and pork that used to be exported are now imported. China focused on manufacturing and infrastructure for two decades. It is now re-emphasizing agriculture: in terms of investment in technology and research, in terms of exhorting local authorities to pay heed to it and to irrigation projects.

http://news.xinhuanet.com/english/china/2012-02/01/c_131386786.htm

21/01/2012

# Hans Rosling on Asia’s growth

This is not new news, but I only came across it a few days ago on TED.com

Hans Rosling, world health expert and professor waxes lyrically on Asia’s growth illustrated by his unique graphics.

http://www.ted.com/talks/hans_rosling_asia_s_rise_how_and_when.html

20/01/2012

* Law suit on pollution effects allowed

On 16 January, the Chinese government allowed a non-governmental organisation to lodge a suit concerning the probably causes of cancer in a village due to industrial pollution.  This is the first such case and breaks new ground.

The reasons could be; a loosing up of court procedure in the face of increasing anger at industrial pollution bighting lives; an attempt at making owners of factories causing pollution to realise that not only the law is against them, but now non-governmental organisations can take up the cause of the little man in the village and, finally, it makes good press in the run up to leadership changes later in the year.

http://www.scientificamerican.com/article.cfm?id=china-cancer-village-tests-law-versus-pollution

20/01/2012

* Chinese climate change report stark and honest

Global warming threatens China’s march to prosperity by reducing crops, shrinking rivers and unleashing more droughts and floods, says the Chinese government’s latest “Second National Assessment Report on Climate Change”.

China is the world’s second biggest economy after the US and the biggest emitter of greenhouse gas pollution, now ahead of the US.

Global warming caused and exacerbated by greenhouse gases from industry, transport and changing land-use poses a long-term threat to China’s prosperity, health and food production, says the report. With China’s economy likely to overtake the United States’ in 20 or 30 years, that has dire consequences.

http://www.reuters.com/article/2012/01/18/us-china-climate-idUSTRE80H06J20120118

19/01/2012

* Chinese banks invest in Indian businesses

In 2011 Chinese banks loaned Mukesh Ambani’s Reliance Mobile $3bn with the condition that it uses Chinese telecoms and energy firms.

This month Chinese banks loaned Anil Ambani’s Reliance Communications $1.2bn with the condition that it uses Chinese telecoms equipment suppliers.

Both parties see these as win-win deals. Indian firms getting loans at lower interest than from local or other banks and China getting more buyers for its technology suppliers.

http://www.bloomberg.com/news/2012-01-17/reliance-communications-to-borrow-1-18-billion-from-china-banks.html

In November 2011, a consortium of banks including some Chinese banks loaned Duke Energy $6bn to buy the largest US electricity utility. Again, part of the deal was joint development with Chinese firms of eco cities and solar technology. Then the Three Gorges Corp acquired Portugal government’s stake in utility EDP.

http://online.wsj.com/article/SB10001424052970203802204577067013608051698.html

From the Chinese pov, not only are they supporting Chinese industries, but they are diversifying from US bonds into ‘bricks and mortor’ assets.

http://www.vancouversun.com/story_print.html?id=5905203&sponsor=

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India