
| Last update -- Sat, 05 Jul 2008 00:29:53 GMT |
Iran and Brazil Can Do It. So Can We. (Washington Post)When the founding fathers declared our independence, they could not have imagined that, 232 years later, the United States would be so spectacularly dependent on foreign countries. It would be roughly eight more decades before oil gushed from a well in Titusville, Pa., marking the beginning of the global oil economy; it took eight decades more for the United States to become a net oil importer. ... Feature: Quake survivors struggle to rebuild life (People's Daily)Jiu Bing lost his home, farmland and livelihood when the May 12 quake shook his hometown Wali township, Qingchuan county in southwest China's Sichuan Province. Now working on two makeshift buildings not far from their damaged home, ... Dark Journalism (Forbes)Censorship isn't the only thing wrong with Chinese reporting. There's corruption, too. China?s Legacy: Let a Million Museums Bloom (New York Times)Most art is an unsettled category in China and museums have complicated uses. Chinese market declines, led by oil refiners and coal producers (Nasdaq)(RTTNews) - The Chinese stock market closed lower on Friday, weighed down by concerns over rising oil prices. Coal producers declined after a report said that the Chinese government might announce a new tax on coal production this weekend. Asian markets close mixed - Asian commentary (Nasdaq)(RTTNews) - The stock markets in the Asia-Pacific region closed mixed following a mixed performance overnight on Wall Street and on the back of surging oil prices. Stock markets in Japan, South Korean and China closed lower, while Australia and New Zealand closed higher on bargain hunting. On exhibit in China's art museums: Growing pains (International Herald Tribune)Art institutions seem caught in the tension between self-images: the sovereign civilization apart on one hand, and the ambitious scrambler in the global game on the other. Too many Wangs? (Radio Netherlands) 90 percent of China’s 1.3 billion population share one hundred family names like Wang and Li. This causes massive administrative problems. Beijing correspondent Karen Mierik discusses the issues and the solutions. Pacific Asia China Energy Inc. Receives Final Court Approval for Acquisition by Green Dragon Gas (Marketwire via Yahoo! Finance) PACIFIC ASIA CHINA ENERGY INC. today announced that the British Columbia Supreme Court has issued a final order approving the plan of arrangement under which Green Dragon Gas, through its wholly-owned direct and indirect subsidiaries GREKA China Ltd. and GREKA Acquisitions Ltd., will acquire all of the Company's outstanding shares at a price of CDN$0.35 per share in cash. New Pricing System Will Curb China's Oil Demand (Resource Investor)The establishment of a new pricing system, one that brings domestic prices up and in line with those on the international market, is likely to alter the country's immense energy appetite. |