China

South-South collaboration in health biotechnology

This book presents a detailed portrait of the contours of South-South collaboration in the health biotechnology sector. In particular, it casts revealing light on the factors that guide effective scientific partnerships and exchanges. The authors explore these issues by combining a wide range of quantitative and qualitative methodologies, including copublications analyses, in-depth surveys of biotechnology firms and interviews with around 350 researchers, entrepreneurs and policy-makers in developing countries.   The key findings indicate that the level of South-South collaboration among researchers in health biotechnology remains low but is slowly increasing and that entrepreneurial collaboration seems to be more prevalent.

China should be 'benign' power in South Asia: Indian think tank

Beijing:  China should be a "benign" power in South Asia and address India's concerns, especially over its military linkages with the countries in the region, according to a top Indian think tank. Beijing's military linkages raise concerns in India, Rajiv Kumar Bhatia, Director General of Indian Council of World Affairs (ICWA), said at a Chinese-government organised conference on "Contemporary world multilateral dialogue: Changing world and China in development".

US declines to name China currency manipulator

Washington:  The Obama administration said on Tuesday that China's currency remained "significantly undervalued," but stopped short of labeling the world's second-biggest economy a currency manipulator. Although Beijing controls the pace at which the yuan can rise, the U.S. Treasury said in a congressionally mandated semi-annual report that China did not meet the legal requirements to be deemed a currency manipulator. The label is largely symbolic, but would require Washington to open discussions with Beijing on adjusting the yuan's value.

World Bank-China knowledge hub for development

Beijing:  The World Bank Group and China have launched a new knowledge hub to improve development outcomes, aiming to spread practical knowledge from China’s successes in reducing poverty both within China as well as to other countries. Initially, the knowledge hub will help find environmentally friendly solutions to expand urban transport in China’s cities.

The 2nd India-China strategic economic dialogue: outcomes

The 2nd India-China Strategic Economic Dialogue was held in New Delhi on 26 November, 2012. During the 2nd meeting of the Dialogue, India and China discussed a wide range of topics including greater cooperation at the global level, strengthening communication on macro-economic policies, deepening and expanding trade and investment and promoting bilateral cooperation in the financial and infrastructure sectors. The proposals and recommendations made by the five Working Groups were considered during the 2nd Dialogue and directions given for their future activities. India and China agreed that in the current global economic situation it was important to raise the level of economic engagement between India and China. The agreements are as follows:

China's princelings come of age in new leadership

Beijing: In China they are known as "princelings" -  the privileged children of the revolutionary founders of the People's Republic of China. And in the generational leadership change that just took place in Beijing, it could not have been clearer that having the right family bloodlines is among the most important attributes an ambitious cadre could possess. Of the seven men who now comprise the Communist Party's new politburo standing committee, the apex of political power in China, four are members of "the red aristocracy", led by the new general secretary of the party, Xi Jinping.

Ministry urges US, EU to stop "politicizing" Chinese trade

Beijing: Trade protectionism targeting China will continue to be "severe" unless developed markets - especially the United States and the European Union - stop politicizing trade investigations into made-in-China goods, a senior commerce official has warned. "The situation remains challenging and complicated," said Zhou Xiaoyan, head of the Bureau of Fair Trade for Imports & Exports at the Ministry of Commerce. "More and more high-end Chinese exports, such as telecom goods, are getting embroiled in trade investigations, and this will continue," she said.

China says US overtakes EU as its top export market

Beijing:  China said Tuesday that the United States has overtaken the European Union as its biggest export market, as the continent's debt crisis has sent demand slumping. "The biggest is the US and the EU is second," Commerce Ministry spokesman Shen Danyang told reporters at a regular briefing, without saying when the reversal occurred. "The EU used to be the biggest," he added. Chinese customs figures for the first 10 months of this year showed that China's exports to the United States totalled $289.3 billion, while shipments to the EU came to $276.8 billion.

Suman Bery: Great powers in transition

China and the United States are the world’s two largest economies. According to the International Monetary Fund, in 2010 they accounted for 14 per cent and 19 per cent respectively of global production, measured at purchasing power parity (PPP). For those who distrust PPP conversions, the World Bank reports 2011 global GDP at $70 trillion at current prices, with US output at $15 trillion and that of China less than half that, at $7.3 trillion. (The Indian economy, at $1.8 trillion, is just short of one-quarter the size of the Chinese economy on the same measure, despite a population 92 per cent as big. According to the same source, a decade ago, our economy was half as large as that of China.)

Great expectations fill Greenland as China eyes riches

Nuuk:  By a remote fjord where icebergs float in silence and hunters stalk reindeer, plans are being drawn up for a huge iron ore mine that would lift Greenland's population by four percent at a stroke - by hiring Chinese workers. The $2.3-billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk. It would supply China with much needed iron for the steel its economy.

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