Saturday, February 23, 2008

China, in New Role, Presses Sudan on Darfur

Under pressure over the crisis in Darfur, China has begun to do something it swears it never does — meddle in the internal affairs of one of its trading partners.

On Clothing Racks, Inflation Is the Hot Trend

The great clothing price deflation — brought on in part by China’s entry into the world economy — may be over.

China Criticizes U.S. Missile Strike

The Chinese government warned that the strike against a American spy satellite could threaten security in outer space.

An Errant Satellite Is Gone, but Questions Linger

After the destruction of the satellite, some foreign powers have suggested the episode was actually a test of space weaponry.

Challenge to Ban on the Three-Maotai Lunch

A group of alcohol producers in Henan Province is seeking to overturn a year-old ban on government officials’ drinking at lunch, citing a fall in restaurant trade.

U.S. Security Concerns Block China’s 3Com Deal

A $2.2 billion offer for the network equipment maker 3Com stalled amid fears that equipment made for the U.S. military might be sabotaged.

China Expresses Concern Over U.S. Plan to Shoot Down a Faulty Spy Satellite

China warned against threats to security in outer space, without mentioning its own successful anti-satellite missile test last year.

China’s Inflation Rose to 7.1% in January

It was the largest increase in consumer prices in more than a decade. Officials said the country would likely continue austerity policies to combat inflation.