China

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China Firm Sold Illegal Nuke Materials to Iran: Prosecutors

Company said to have sent tons of supplies, breaching UN rules

(Newser) - New York officials today charged a Chinese businessman with illegally selling tons of materials to Iran that could be used to make rockets and nuclear weapons, the New York Times reports. Sales in 2006-08 of tungsten and other metals, often through shell firms, break UN rules, prosecutors say. Li Fang...

Economic Crisis Triggers Global Crime Wave
Economic Crisis Triggers Global Crime Wave
ANALYSIS
Apr 7, 2009 8:35 AM CDT

Economic Crisis Triggers Global Crime Wave

Crisis gives globalized crime gangs opportunity to flourish

(Newser) - The global economic crisis has been a massive stimulus package for violent crime worldwide, Michael Klare writes in Salon. Crime syndicates are finding it easy to recruit from the growing ranks of the unemployed and desperate, the professor writes, and their increasing power is weakening the governments of "narco-states"...

R&amp;D Dollars Flow Even as Revenues Slump
R&D Dollars Flow Even as Revenues Slump
ANALYSIS
Apr 6, 2009 11:11 AM CDT

R&D Dollars Flow Even as Revenues Slump

Firms see innovation as key to post- recession success

(Newser) - Revenues may be plummeting, but US companies spent as much on research and development in 2008’s fourth quarter as they did in 2007's, the Wall Street Journal reports. Analysts point to products like the iPod, introduced during the last recession, as proof that continued R&D outlay can lead...

UN Split Over Response to N. Korea Rocket

Russia, China resist as US, Japan call for punishment

(Newser) - The US and Japan have hit international resistance as they push for a firm response to yesterday’s North Korean rocket launch over Japan, the Guardian reports. As the second day of emergency UN talks begins today, China and Russia aren’t backing a proposed statement condemning the move from...

Barbie Busts Out in Shanghai
 Barbie Busts Out in Shanghai 
Apr 6, 2009 8:39 AM CDT

Barbie Busts Out in Shanghai

Hit Shanghai megastore sells 'Barbie lifestyle' to adult women

(Newser) - Mattel is seeking to make up for slowing Barbie sales elsewhere with an aggressive push for Chinese consumers—and not just girls, reports the Washington Post. The company has opened a 6-story flagship store in Shanghai, offering a top-end clothing line and a luxury spa to appeal to professional women...

Nukes? Climate Change? Love 'Em to Death

Newsweek scribe lists a few issues pundits may misunderstand

(Newser) - Few so-called experts predicted the subprime meltdown or the September 11 attacks, Jacob Weisberg writes in Newsweek—so what else might the pundits be wrong about?
  • Nukes are bad: An influential political scientist “argues that possessing nukes induces restraint and caution, causing irresponsible regimes to behave more responsibly.”
...

Pandas: Better at Crowd Pleasing Than Breeding

For so many reasons, these cute bears should probably never have survived

(Newser) - Pandas have a lot working against them when it comes to to making babies: a once-yearly ovulation cycle, genetic inbreeding due to a limited captive population, and, apparently, some degree of ineptness at copulation itself. Zoo officials frequently see their excitement crushed by what turn out to be pseudopregnancies, and...

China's Trouble: Lots of Dollars, Little Sense
China's Trouble: Lots of Dollars, Little Sense
OPINION
Apr 3, 2009 12:39 PM CDT

China's Trouble: Lots of Dollars, Little Sense

Krugman: Beijing knows it's in trouble, remains tied to old ills

(Newser) - China’s recent call for an alternative to the dollar as a reserve currency underlines how much trouble the country is in after years of stockpiling greenbacks, Paul Krugman writes in the New York Times. The Chinese, long unwilling to let the yuan float freely on foreign exchanges, are signaling...

Dow Up 216, Flirts With 8,000
 Dow Up 216, Flirts With 8,000 
MARKETS
Apr 2, 2009 3:14 PM CDT

Dow Up 216, Flirts With 8,000

Financial sector celebrates relaxation of mark-to-market accounting rules

(Newser) - Stocks rallied today to a strong finish as global action to combat the financial crisis boosted confidence, the Wall Street Journal reports. The European Central Bank cut interest rates, and G20 tripled the lending budget of the International Monetary Fund to $750 billion. After going above 8,000, the Dow...

G20 Unveils $1T Plan to Boost Global Economy

(Newser) - The G20 leaders have agreed to a plan to pump $1 trillion into the world economy, British PM Gordon Brown announced today; the agreement will also tighten global financial regulation and crack down on secret tax havens. The plan calls for:
  • The money available to the International Monetary Fund to
...

China Plans to Lead Way in Electric Cars

(Newser) - As US automakers continue their late push into the market for hybrids and electric cars, they may soon have a major new competitor to worry about: China. Beijing, which barely registers in the auto world today, has begun a major investment push and plans to join the world leaders in...

Obama Meets With Hu, Plans Visit to China

(Newser) - President Obama and Hu Jintao of China met today at the G20 summit in London and agreed to close cooperation on issues ranging from the economic crisis to global security, Time reports. Obama will travel to China later this year. Meanwhile, high-level representatives will meet in Washington during the summer...

In China's West, Muslims Keep Their Own Time

(Newser) - There are two time zones in Kashgar, China, and they’re two hours apart. Which you follow depends not on geographic location, but on ethnic identity. The town’s dominant Muslim Uighur minority refuses to set its clocks by China’s single, standardized time, instead using the same wacky, sun-based...

North Korea to Try Detained US Journalists

TV reporters will be charged with illegal entry: Pyongyang

(Newser) - North Korea's state-run news agency says two American reporters detained earlier this month will be tried for illegal entry and "hostile acts." The Korean Central News Agency said in a report today that an initial investigation confirmed suspicions about the two women and preparations for indictments and trial...

Chinese Cyber Spies Hit Dalai Lama, Foreign Offices

Some blame China for attacks on 1,300 computers

(Newser) - A  massive cyber spying effort launched from China has infiltrated the computers of hundreds of government agencies and private offices around the globe, including four connected to the Dalai Lama, the New York Times reports. Asked by the spiritual leader's office to investigate evidence of a breach, Canadian researchers discovered...

China's Grieving Families Stand Up to Government

Officials unusually tolerant of dissenting voices

(Newser) - A new political force appears to be emerging in China—grieving parents. The government, usually quick to crack down on dissent, is giving greater leeway to families hit by recent crises such as the tainted-milk scandal and the Sichuan earthquake, the Washington Post reports. Parents have banded together to demand...

China Dials Down Earth Hour for Tibet 'Holiday'

Happy Serf Liberation Day

(Newser) - The Chinese government has had a sudden change of heart about Earth Hour because the eco-conscious event falls during a new holiday celebrating the Dalai Lama’s flight from Tibet. Cities going dark won't create quite the festive atmosphere Beijing envisioned for the first Serf Liberation Day, so the government...

China Lashes Out at US Report on Its Military

Beijing accuses Pentagon of 'Cold War thinking'

(Newser) - A Pentagon report on China's military power that warned of "disruptive" new nuclear, space, and cyber programs has provoked angry criticism from Beijing, who accused the defense department of "Cold War thinking," reports Reuters. The report says that China has been successfully expanding its weapons arsenal,...

China Uses 'the Pill' to Stop Gerbil Overpopulation

Officials hide contraceptive meds in gerbil feed

(Newser) - Chinese officials have resorted to contraceptive pills to control the exploding gerbil population threatening a fragile desert ecosystem, the BBC reports. The government is placing feed pellets mixed with the medication by the gerbils’ burrows, which damage the roots of what plants survive there. Authorities have tried measures to boost...

'Good Nazi' Film Awakens Ugly Ghosts

Biopic sure to reopen old wounds between China, Japan

(Newser) - A new film about a hero Nazi party member is threatening to stir old tensions between China and Japan, BBC reports. John Rabe relates the true story of a German businessman who saved thousands of Chinese from a Japanese massacre during the Second Sino-Japanese War in 1937. China is still...

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