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OMAHA, The United States, May 1 (Xinhua) -- U.S. billionaire Warren Buffett said on Saturday that China is an amazing economy and the Chinese people will be living better lives in 20 years than today.When responding to a question from a Chinese student who is currently studying at Kansas City, Buffett said China is a country with great potential."China is an amazing economy, there's no question about that, and China's excising this kind of potential," Buffett said at the annual shareholders' meeting of Berkshire Hathaway.Buffett, CEO of Berkshire Hathaway, also emphasized that countries around the world do learn from each other.China may learn a few things from U.S. in its own development, but "they don't take everything we have," he said, adding that at the same time, countries like India and China are also helping improve U.S.The billionaire said he was full of hopes for emerging economies like India and China. "People in India and China will be living better lives in 20 years than today."
NANPING, Fujian, March 25 (Xinhua) -- Four of the five injured school children in a stabbing attack in southeast China's Fujian Province Tuesday, which left eight dead, became conscious Thursday, local authorities said.The four were in a relatively stable condition but still faced uncertainties and were all under intensive care, said Liu Bin, an official with the health bureau of Nanping City, where the bloodshed occurred.Zheng Minsheng, a former community doctor in the city, stabbed 13 children at the entrance of a primary school Tuesday morning in Nanping when crowds of students were arriving, leaving eight dead and five injured.One senior doctor and several chest surgeons arrived in Nanping from Beijing Wednesday to treat the children.The Procuratorate of Yanping District in Nanping City approved the arrest of Zheng Wednesday afternoon, on charges of intentional homicide, said Ye Xianjin, director of the Yanping District procuratorate office Wednesday.Zheng committed the attacks as he felt frustrated after breaking up with his girlfriend last year. He also said he found life meaningless, according to Xu Jingping, deputy head of the city's public security bureau.
BEIJING, May 7 (Xinhua) -- Senior Chinese leaders He Guoqiang and Zhou Yongkang on Friday urged the country's prosecutors to stick to just and incorrupt work practices.The fight against corruption is still very difficult and the campaign of building a clean-fingered Party and government should be firmly pushed forward, said He, member of the Political Bureau Standing Committee of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC. He Guoqiang (L Front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, visits an exhibition showcasing the development of China's prosecution system, in Beijing, capital of China, May 7, 2010.He made the remarks when visiting an exhibition showcasing the development of China's prosecution system.
BEIJING, May 6 (Xinhua) -- China on Thursday vowed to comprehensively upgrade its friendly and cooperative relations with the United Arab Emirates (UAE)."China attaches great importance to the development of its ties with the UAE and would like to further deepen cooperation in trade, energy, infrastructure construction, culture and law enforcement," said senior Chinese leader Zhou Yongkang in meeting with Sheikh Hazza bin Zayed al-Nahyan, national security advisor of the UAE in Beijing Thursday.Zhou, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said the 26 years since China and the UAE forged diplomatic ties has seen significant development in bilateral relations, with frequent high-level visits, deepening political mutual trust and fruitful pragmatic cooperation.The UAE has been China's second largest trading partner in the Arab world for five consecutive years and is the nation in the Middle East where China sends most commercial and labor service personnel, Zhou said.China highly appreciates the UAE government's support on the issues related to Taiwan, Tibet and Xinjiang, he said.Sheikh Hazza bin Zayed al-Nahyan conveyed a message from UAE President Sheikh Khalifa bin Zayed al-Nahyan to Zhou, saying that the UAE is willing to work with China to promote continuous development of bilateral ties.The security advisor added that he would like to actively enhance UAE-China security cooperation in anti-terrorism.
BEIJING, June 2 (Xinhua) -- China opposes the U.S. decision to set final duties of up to more than 200 percent on imports of steel gratings from China, the Ministry of Commerce (MOC) said in a statement Wednesday.This came after the U.S. Commerce Department Tuesday announced final anti-dumping duties of 136.76 to 145.18 percent on the gratings to "offset below-market pricing." It also set a countervailing duty of 62.46 percent.MOC said the United States had acted "discriminatorily" in the anti-dumping and anti-subsidy investigation and made the wrong conclusion, and China is dissatisfied and is opposed to this.Such move could hurt the interests of China, which both Chinese government and enterprises would not accept, the ministry said.China urged the U.S. to take effective measures to correct the mistake, it said.According to the U.S. trade remedy procedure, the U.S. International Trade Commission (ITC) will also make its final injury determination about the product soon.If the ITC makes affirmative final determinations that imports of steel gratings from China materially injure, or threaten material injury to, the domestic industry, the Commerce Department will issue anti-dumping duties and countervailing duties orders.In 2009, the United States imposed a series of trade remedy measures on Chinese products, and the value involved was eight times more than that in 2008, the MOC statement said."Such action not only hurts the interests of China, but also has an adverse impact on bilateral economic and trade ties," it said.China hoped the United States could show restraint in using trade remedy measures and act to fight trade protectionism, it said.