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ANSHAN, Liaoning, June 16 (Xinhua) -- An official with the Ministry of Industry and Information Technology (MIIT) said Tuesday that the proposed alliance of Rio Tinto and BHP Billiton had a "strong monopolistic color" and Chinese firms would watch it closely and find ways to cope with it. Last year, China imported 440 million tonnes of iron ore, half of the world's total, so any slight market changes would affect Chinese steel makers. China's anti-monopoly law should apply in the proposed deal, said Chen Yanhai, head of the raw material department of MIIT at an industry meeting held in the northeastern city of Anshan, Liaoning Province. If the tie-up proved to be monopolistic, "we have to seek new policies and regulations to allow Chinese companies have a bigger say in iron ore pricing," said Chen without elaborating. Rio Tinto scrapped a proposed 19.5-billion-U.S.-dollar investment by Aluminum Corp. of China, or Chinalco, on June 5, and turned to rival BHP Billiton, which would pay Rio Tinto 5.8 billion U.S. dollars to set up a joint venture to run the iron ore resources of both companies in west Australia. On Monday, spokesman of the Ministry of Commerce Yao Jian said if the revenue of the joint venture reached "a certain amount," China's anti-monopoly law would apply. That law requires a company to get government approval before consolidation if its global revenue exceeds 10 billion yuan (1.47 billion U.S. dollars) and its revenue in China exceeds 2 billion yuan. An anti-monopoly review is also necessary if two or more parties in the company had more than 400 million yuan of revenue in China in the previous fiscal year. In the year ended 30 June, BHP Billiton's revenue in China was 11.7 billion U.S. dollars, while that for Rio Tinto was 10.8 billion U.S. dollars, according to the companies' websites. It was unclear what actions China would take if the case was determined to be covered by the Chinese anti-monopoly law. At the meeting Tuesday, Chen also said domestic steel makers should beef up technology and innovation to cut energy consumption and raise efficiency. Also, he said, China "should increase exploration of domestic mines to reduce reliance on imports."
VIENNA, June 17 (Xinhua) -- The Head of the Chinese delegation and Permanent Representative of China to the United Nations Office in Vienna, Tang Guoqiang, stressed on Wednesday on behalf of the Chinese government that the nuclear issues of Korea and Iran should be solved in a peaceful way through diplomatic talks. In a speech at the board meeting of the International Atomic Energy Agency (IAEA) on Wednesday, Tang pointed out with regard to the Korean nuclear issue that the Chinese government "firmly opposes" another nuclear test by the Democratic People's Republic of Korea (DPRK), and requires the DPRK to "stick to the denuclearization commitments, stop relevant actions that may further deteriorate the situation, and return to the six-party talks." However, Tang also pointed out that "the sovereignty, territorial integrity, reasonable security concerns and development benefits of the DPRK, a sovereign state, and a member state of the U.N., should receive due respect. The DPRK should have the right to peaceful use of nuclear energy after it returns to the treaty on Non-Proliferation of Nuclear Weapons (NPT)." He also stressed that political and diplomatic means is the"only right way"to solve the relevant issues on the Korean Peninsular including the nuclear issue. Therefore, he called on relevant parties to "focus on long-term benefits and maintain calm and restraint so as to avoid any action that could lead to further tension." A peaceful solution to the Korean nuclear issue "accords with the common benefit of all the parties,"Tang said. He pointed out when discussing the Iranian nuclear issue that there is currently new opportunity to promote a solution through negotiations, so relevant parties should "seize the opportunity and step up diplomatic efforts, so as to resume talks as soon as possible and seek a comprehensive and long-term solution to the Iranian nuclear issue." Iran, as a party to the NPT, enjoys the right to the peaceful use of nuclear energy, but should also fulfill corresponding international obligations he said. China is concerned that Iran has not suspended uranium enrichment as requested by the U.N. Security Council and hopes Iran will take measures to "comprehensively fulfill the relevant resolutions of the IAEA and the Security Council," Tang said. He also stressed that China adheres to "the international nuclear non-proliferation system, and the Korean and Iranian nuclear issues must be solved through negotiations. China will "work with all the parties" and make further efforts to solve relevant issues by diplomatic means "based on the overall situation of maintaining the nuclear non-proliferation system as well as regional peace and stability," Tang said.

BEIJING, June 27 (Xinhua) -- China always opposes trade protectionism and will not take protectionist actions against overseas companies or foreign goods, Minister of Commerce Chen Deming said here Friday. He made the remarks when he met the Minister of Knowledge Economy of the Republic of Korea (ROK), Lee Youn Ho. Chen said that media reports were incorrect when they equated China's latest circular to boost domestic demand and step up supervision on construction projects with protectionism. Chen said in China's government procurement, the term "domestic products" also include products produced by legally established foreign-funded companies in China. "China applied to join the World Trade Organization's agreement on government procurement a couple of years ago, which allowed member countries to bid on each other's government tenders." Chen said. "We hope China might join the agreement soon so as to further open up the government procurement market," he said. "China would like to maintain stable development in economic and trade cooperation with the ROK," Chen said. Lee said that China's trade policies were fair and transparent, and his country would like to work with China to oppose trade protectionism.
UNITED NATIONS, May 29 (Xinhua) -- The exponential growth in trade and strategic relations between China and the Arab world is highly valued at the League of Arab States and will not come at the expense of relations with the United States, the secretary-general of the League of Arab States said at a press conference here on Friday. "We value very much our relationship with China," Secretary-General Amre Moussa, told Xinhua. "We can have good relations, growing trade and growing economic investments with China and America at the same time." Amre Moussa, the secretary- general of the League of Arab States, gestures during a press conference at the headquarters of the United Nations in New York on May 29, 2009. Moussa on Friday called upon Israel to put an immediate end to the settlement construction in the West Bank, saying that if Israel goes ahead with the construction, it is impossible to set up an independent Palestinian stateChina is now the largest exporter to the Arab world, overtaking the United States for the first time since the 1960s. Trade between China and Arab countries jumped from 36.7 billion U.S. dollars in 2004, when the Sino-Arab Cooperation Forum was launched, to 132.8 billion dollars last year. In the past, particularly during the Bush administration, the Arab world became increasingly disenchanted with America's lackluster role in the Israel-Palestine conflict. But U.S. President Barack Obama offers renewed hope that peace talks will progress. "The previous administration waited six years (before addressing the crisis)," said Moussa. "Now (the Obama) administration has started engaging right away. This is encouraging because all of us have suffered from certain policies in the past." "The hope is that the Obama administration will succeed in breaking this deadlock in order to allow the peace efforts to move on with the establishment of a viable Palestinian state ... which includes the immediate freeze of (Israeli) settlements," he said. At the same time, despite the international community having "a window of opportunity," the Obama administration has yet to take concrete actions, added Moussa. "What we expect is not only to hear a speech, but to act," he said. Indeed, action on the Middle East crisis is rare. The UN Security Council has refused to follow up on recommendations made by a United Nations investigation into accusations of war crimes committed by Israel during the Gaza offensive in January. Frustrated, the Arab League is "actively pursing" other avenues, including several independent fact finding and investigations, said Moussa. "We are not going to let go of what happened in Gaza against the civilians," he said. "If you want to have justice, you have to have it across the board." In a related development, the United Nations Human Rights Council investigation team will arrive in Gaza on Monday. Led by Justice Richard Goldstone, the team plans to meet with all concerned parties, including witness and victims of alleged violence, according to a press release issued on Friday.
BEIJING, July 3 (Xinhua) -- Rainstorms since early the week have swept a wide swathe of south China, leaving dozens people dead or missing and forcing hundreds of thousands to evacuate. In Jiangxi Province, two people were killed, three more were missing and more than 100,000 have been evacuated following the heaviest rain this summer, local flood control authorities said. The rain damaged 178,000 hectares of crops, caused 8,231 houses to collapse, and incurred a direct economic loss of 1.31 billion yuan (191.7 million U.S. dollars). Flood submerges houses at the Xinyuan village in Ruijin, a city of east China's Jiangxi Province, July 3, 2009. More than 60,000 people have been transfered due to the flood caused by heavy rainfall in south Jiangxi Province By 3 p.m. Friday, average rainfall in the province was 97.4 millimeters, while the maximum topped 540.8 millimeters in Niedu town of Chongyi County. The province, for the first time in history, issued the highest level of rainstorm alarm on Friday. Many reservoirs were swollen because of the rain, among which six were discharging water, while levels in the rest were under the alarm line. In Guangxi Zhuang Autonomous Region, four were missing and 11,845 were evacuated. The torrential rain also damaged 12,440 hectares of crops and killed 53,300 head of cattle. People walk on a flooded street in Guilin, a city of southwest China's Guangxi Zhuang Autonomous Region, July 3, 2009. Due to heavy rainfall, the water level of Lijiang River which passes Guilin reached 147.5 meters at 17:00 pm on Friday, 1.8 meters over the alert level. Some scenic spots in Guilin City has been closedBoats have been banned on the Lijiang River as water levels rose to alarming levels, Chen You, head of Guilin maritime bureau, told Xinhua late Friday. In Hunan Province, seven were killed and one was missing in rainstorm-related disasters. The rainstorms damaged 113,000 hectares of crops, killed 6,500 head of cattle. The rains also disrupted traffic on 79 roads and forced 152 businesses to halt production in Hunan. In north, Beijing is plagued with higher-than-normal temperature and it is forecast to receive less-than-normal rainfalls. The Chinese capital on Friday issued an orange alert for hot weather, the third of its kind this summer. Temperature in parts of the city exceeded 37 Celsius degrees Friday. Halted bamboo rafts are seen on the Lijiang River in Guilin, a city of southwest China's Guangxi Zhuang Autonomous Region, July 3, 2009. Due to heavy rainfall, the water level of Lijiang River reached 147.5 meters at 17:00 pm on Friday, 1.8 meters over the alert level. Some scenic spots in Guilin City has been closed
来源:资阳报