The world is looking to China as a springboard out of recession - but some hedge funds are betting the country's credit and growth levels cannot be sustained.
For his first-ever speech as Britain’s new Minister of Trade & Industry last week, Lord Green faced a formidable audience of 400 Chinese and British business delegates.
The former chairman of HSBC declared that China’s economic growth figures over the past five years represented an “extraordinary historic event”.
To read more:http://warnewsupdates.blogspot.com/
Anjitha:315

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China today made it clear that it will not issue visas to any official from Arunachal Pradesh, over which it lays claims, and will continue to issue stapled visas to non-officials from that state.




Speaking against the backdrop of reports that two Arunachal men have got stapled visas which was departure from past practice, an official in Chinese embassy, on the condition of anonymity, said there was no change in their visa policy for residents of Arunachal Pradesh.



"There is no change in our visa policy for residents of Arunachal Pradesh. China does not issue visas to officials from that state and will still not do it. For non-officials, we only issue stapled visas," the official said.

How India shall react?
Issue staple visa to Tibetans and boycot Chinese Goods in India!
http://in.news.yahoo.com/will-continue-to-issue-stapled-visas-to-arunachal-residents--china.html

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China and Pakistan are expected to discuss long-pending plans to accelerate construction of rail-lines and a pipeline from Kashgar in China's west to the port of Gwadar on the Persian Gulf, during Premier Wen Jiabao's three-day visit to Islamabad which began on Friday.

The plan, officials and analysts say, is bringing new importance to Beijing's ties with Islamabad, given that Pakistan will play a crucial role, both from the point of view of diplomacy and simply, geography, in linking China with Afghanistan and West Asia.

Trucks carrying construction equipment clog the roads, as construction cranes work day and night to transform the historic old town into a sprawling Economic Development Zone — the “Shenzhen of the West”, as one Chinese official says, referring to China's first Special Economic Zone.

“One of the most important reasons why we value our relations with Pakistan is that the country can play the role of a bridge between China and the Muslim world,” Hu Shisheng, a scholar at the China Institutes for Contemporary International Relations (CICIR) told The Hindu in a recent interview ahead of Mr. Wen's visit.

Kashgar's transformation from an ancient Silk Road town to a modern trading hub is gathering pace, said Muhammed Ahmed Khan of the Kashgar-based Pakistan Business and Investment Promotion Council, in an interview during a visit to the city earlier this year.

To read more click

http://www.thehindu.com/

anjitha:07

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China has now become part of the rich nations league to be the "biggest polluter" of atmosphere. Seen as a major contributor to green house gas emissions, next to the US, it owes to the world what is being termed as "climate debt". Hammering the point was Ms Victoria Tauli Corpuz, Chairperson of UN Permanent Forum on Indigenous issues, at a seminar on indigenous people, Climate change and rural poverty. Leading the Indian delegation was Agatha Sangma, Minister of state for rural development. She spoke about India's effort to focus on "inclusive growth" and the different policies to help the poor, disadvantaged and marginalized segments of the population.

Earlier, Sangma highlighted some of the Indian government's schemes for rural employment, watershed development and skill development of the rural poor. More importantly she pledged that India would, in the next three years, be a country which is what she called "open defecation free".

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Google's decision to stop censoring search engine results in China flies in the face of common wisdom when it comes to doing business in the country.

China is supposed to be too important to ignore, the promise of a market with more than 1 billion people too lucrative to pass up. Common business wisdom holds that no company can afford to ignore, let alone walk away from, China. But in a blog posting Monday, Google said it has taken the first step: redirecting search, news and image results from Google.cn to servers in Hong Kong, "where we are offering uncensored search in simplified Chinese, specifically designed for users in mainland China,"

For more results, click here

http://www.pcworld.com/article/192056/googles_china_decision_ignores_conventional_wisdom.html

vpost : 02

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The terms of a secret deal under which China transferred 50 kg of uranium to Pakistan in 1982 for making two atomic bombs were set in a mid-1976 conversation between Mao Zedong and then Pakistan prime minister Zulfikar Ali Bhutto, a leading US daily reported Friday.

Citing accounts of controversial Pakistani nuclear scientist A.Q. Khan, The Washington Post said Khan - then a metallurgist working at a Dutch centrifuge manufacturer - was provoked to offer his services to Bhutto by India testing its first nuclear bomb two years earlier.

Khan, according to the US daily, said he and two other Pakistani officials - including then foreign secretary Agha Shahi, since deceased - worked out the details when they travelled to Beijing later that year for Mao's funeral.

Over several days, Khan was cited as saying, he briefed three top Chinese nuclear weapons officials - Liu Wei, Li Jue and Jiang Shengjie - on how the European-designed centrifuges could swiftly aid China's lagging uranium-enrichment programme.

To read more click here

http://in.news.yahoo.com/43/20091113/890/twl-mao-bhutto-set-terms-of-secret-n-dea.html

indianachu : 09

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On the occasion of China's 60th National Day, Indian and Chinese army personnel jointly participated in celebrations at the Bum La border check post, located in Arunachal Pradesh's Tawang District.

Indian army personnel were invited along with their families by the Chinese army to join them in the celebrations.

The Indian side led by Brigadier C P Mohanty, was given a warm welcome by the Chinese.

A cultural programme was also put together by the Chinese on the occasion.

Army personnel from both India and China keep on meeting at regular intervals at Bum La and these meetings are considered important for resolving local issues to enhance peace between the two countries.

These meetings were started initially as flag meetings and were later converted into regular event.

Source : ANI

indianachu : 08

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KOLKATA: The Army is creating a new Mountain Division for the Northeast, headquartered in central Nagaland or the adjoining areas of Upper Assam.Although it will be stationed in an area when the Army is engaged in counter-insurgency operations, sources say the division could also have the task of keeping an eye on the Chinese border in neighbouring Arunachal Pradesh, sources indicated. 

The Army brass is keeping the plan under the wraps, since there were protests from China some time ago that induction of more troops in Arunachal could lead to an arms race in the region. The Army is cagey about the role of the proposed division.

"It is nothing much,'' a senior officer based in Dimapur said. "It is not that we are going to induct 50,000 new troops.'' According to the brass, the role of a new formation can't be determined properly until it participates in a war game. The formalities are yet to be completed, said another officer, although it is learnt that the proposal was sanctioned long ago.

Nagaland earlier had a division stationed there to fight insurgency the 8 Mountain Division which was subsequently shifted to Jammu and Kashmir and played a crucial role in the Kargil operations. Insurgency in Nagaland is now on a low key, after the two National Socialist Council of Nagaland factions entered into ceasefire agreements with the Centre.

Analysts say a division stationed in central Nagaland could have a counter-insurgency role in places like Tirap and Changlang in Arunachal which are not far from the Myanmar border. It could also be mobilized rapidly to the India-China border in Arunachal in case of an emergency. Places like Lohit and Dibang valley in eastern Arunachal, bordering China, are accessible from the area.

Placing the mountain division away from Arunachal would circumvent the problem of inducting more troops near the international border in contravention of international agreements, sources said.

It is generally acknowledged that China has an upper hand in the Arunachal sector of the border. With extensive road and railway infrastructure at its disposal in the Tibet plateau, China can quickly mobilize a large number of troops to the border. Chinese claim on Arunachal, incursions across the Line of Actual Control and presence of disputed areas, like Wangdong valley, Asaphila and Madan Ridge, have heightened India's concerns. Compared with this, the road infrastructure on the Indian side of the border lags far behind, especially in the central and eastern parts of Arunachal.

Frequent Chinese incursions across the LAC have prompted the strengthening of the Army presence in Sikkim by bringing back to north Bengal a division that had moved to J&K during the Kargil conflict, the sources said.

indianachu - 03

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