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December 17, 2014
China steps up plan for new export corridor into Europe
Belgrade (AFP) Dec 16, 2014
Chinese Prime Minister Li Keqiang met central and eastern European leaders Tuesday in a summit to cement Beijing's plans for a new transport network to funnel exports into Europe. The two-day meeting in Belgrade gathering prime ministers from 16 states had infrastructure and transport top of the agenda. Beijing hopes to turn the Greek port of Piraeus - where the Chinese shipping giant Cosco has a 35-year concession to hugely expand its two container terminals - into a new hub for trade with Eu ... read more

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Satellite Services supplies on-board sub-systems for smallsats and microsats.
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Sri Lanka opposition puts China's port project on notice
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World's largest container ship leaves Shanghai for Europe
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China imports fall and export growth slows in November
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
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24/7 News Coverage
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Britain launches new 'Google tax' on multinationals
The British government on Wednesday slapped a new tax rate on multinational companies that seek to avoid paying their fair share to Treasury coffers. ... more
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Free trade pact takes effect between Chile, Hong Kong
A free trade agreement between Hong Kong and Chile went into effect on Monday, the Chilean government said. ... more
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Hong Kong protesters on hunger strike after violent clashes
Joshua Wong, the teenage face of Hong Kong's pro-democracy movement, and two other student demonstrators went on hunger strike Monday, raising the stakes after one of the worst nights of violence to hit the demonstrations. ... more
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Swiss massively reject 'green' immigration cap
The Swiss on Sunday flatly rejected a call for dramatic immigration cuts in the name of saving the environment, amid charges the initiative was xenophobic and a threat to Switzerland's economy. ... more
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India woos neighbours as rifts open door to China
India pledged a slew of regional investments at a South Asian summit this week, seeking to counter China's growing economic inroads into its backyard as it remains embroiled in bitter rivalry with Pakistan. ... more
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Australia mulls tighter foreign property investment rules
An Australian parliamentary committee Thursday recommended strengthening rules on foreign investment in the country's booming housing market, calling enforcement of the current framework "severely lacking". ... more
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China's Alibaba plans to invest more in India
E-commerce giant Alibaba's founder Jack Ma promised Wednesday to invest more in India where online sales are soaring, predicting that the Internet will transform the country's future. ... more
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Nicaragua $50 bn canal construction to start in December
Nicaragua said a Hong Kong-based company will start building a $50 billion waterway next month, despite opposition from farmers and environmentalists against the mega-project aimed at rivaling the Panama Canal. ... more
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EU report laments lack of free trade
The European Union's trade commissioner said Monday she regretted global trade was restricted, where road blocks exist even in the U.S. market. ... more
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Australia and China seal bumper trade deal
Australia and China sealed a landmark trade deal hailed Monday as a "game-changer", abolishing tariffs in the lucrative resources and agricultural sectors as Canberra confronts a painful downturn in mining. ... more
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Nobel summit moved from S.Africa to Rome after Dalai Lama visa row
A summit of Nobel peace laureates scheduled to be held in Cape Town has been moved to Rome after the South African government failed to issue a visa to the Dalai Lama, organisers said Sunday. ... more
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China, Myanmar ink $7.8 bn in deals: state media
China has signed agreements worth $7.8 billion with neighbouring Myanmar, state media reported Saturday, as Beijing continues to assert its growing economic clout in Southeast Asia. ... more
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China calls for swift movement on BRICS development bank
China on Saturday urged BRICS nations to speed up the creation of a development bank as an alternative to the Western-dominated global financial system. ... more
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Worldwide ship traffic up 300 percent since 1992
Maritime traffic on the world's oceans has increased four-fold over the past 20 years, likely causing more water, air and noise pollution on the open seas, according to a new study quantifying globa ... more
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Turkey could scrap controversial Chinese missile purchase: sources
Turkey could scrap a controversial plan to buy missile defence systems from China that alarmed the United States and its Western allies, Turkish and European sources said Wednesday. ... more
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China wins APEC support for free trade 'roadmap'
Asia-Pacific leaders Tuesday backed China's roadmap for a vast new free trade area rivalling US plans for the region at a summit in Beijing where Russian leader Vladimir Putin had a tense showdown with Barack Obama. ... more
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Taiwan alarmed by China-Seoul free trade pact
Taiwan's government expressed alarm Monday at China's free trade agreement with South Korea, the island's strong trade competitor, and urged the opposition to stop boycotting a planned services pact with Beijing. ... more
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Xi offers vision of China-driven 'Asia-Pacific dream'
President Xi Jinping offered the world a vision of a Chinese-driven "Asia-Pacific dream" on Sunday, as Beijing hosts a regional gathering that underlines its growing global clout. ... more
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Xi, Abe meet as big-power rivalries take APEC stage
The leaders of China and Japan held an ice-breaking summit Monday after two years of dangerous animosity, as world leaders including Barack Obama gathered for an Asia-Pacific meeting spotlighting intensifying big-power rivalries. ... more
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China, S. Korea secure 'effective' free trade deal
South Korea and China said Monday they had effectively secured a free trade agreement to remove tariffs on over 90 percent of goods, although some details remained under negotiation. ... more
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'Milestone' Hong Kong, Shanghai stock link to launch
A trading link between Hong Kong and Shanghai's stock exchanges will start on November 17 after weeks of delays, the Hong Kong exchange announced Monday, in a move that is expected to lead to billions of dollars in daily transactions. ... more
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APEC cautiously supports China-backed free-trade zone
A Pacific Rim summit on Saturday voiced cautious support for a vast free-trade zone proposal being pushed by China in the face of reported resistance from the United States, which is promoting its own regional trade pact. ... more
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Australia keen on China-backed infrastructure bank
Australia on Wednesday said it was keen to join an Asian infrastructure lender seen as a counterweight to Western-backed international development banks, but said changes to its set-up were needed. ... more
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Start-ups say skills, not taxes behind Ireland's draw
Technology businesses taking part in this week's Web Summit in Dublin said there was more to Ireland than the low taxes that have drawn fierce criticism from other European countries. ... more
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