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NAIROBI, May 8 (Xinhua) -- Somali pirates have hijacked a Taiwan fishing boat off the Horn of Africa nation coast with 26 crew members, a regional maritime official confirmed on Saturday.Andrew Mwangura, East Africa coordinator of Seafarers Assistance Program, said the ship's owner lost contact with the Tai Yuan 227 two days ago north of the Seychelles as it headed for the Maldives. "The fishing boat lost contacts two days ago and has 26 crew members from China, Kenya, Taiwanese and Mozambique. We received the reports on Friday and it seemed the hijack took place two or three days ago," Mwangura told Xinhua by telephone.The International Maritime Bureau has also confirmed the hijack.Pirate attacks off the Somali coast have continued despite the presence of several warships, deployed by navies of the NATO, the European Union, Russia, China, South Korea and India in the region to protect cargo and cruise ships against piracy.Kenya's proximity to Somalia prompted insurance companies to hike up their premiums for ships traveling to Kenyan ports to mitigate the increased insecurity.This led shipping companies to take the longer route around the Cape of Good Hope traveling to the Kenyan ports, with cost of doing business on the Kenyan coast going up by over 40 percent.To date more than 100 suspects have been transferred to Kenya by the Western warships patrolling the Indian Ocean to combat piracy.It is only Kenya and the Seychelles in the region that have agreed to take in suspects for prosecution, but both have recently complained about the burden of trying and jailing pirates in their countries.

BEIJING, April 2 (Xinhua) -- China needs to expand the Renminbi, or yuan, cross-border settlement efforts when conditions allow, the People's Bank of China (PBOC) said Friday."It is necessary for China to seek appropriate timing to expand the cross-border yuan settlement to more cities, enterprises and overseas pilot areas," said an international financial market report released on the central bank's website Friday.But the report did not detail the conditions for appropriate timing.The foreign trade volume settled in yuan is still small compared with China's total foreign trade volume, said the report, without specifying figures.Official figures from China's General Administration of Customs showed that the country's exports in 2009 stood at 1.2 trillion U.S. dollars, down 16 percent from 2008.China's State Council, or Cabinet, announced in April 2009 a pilot program to allow exporters and importers in five cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- to settle cross-border trade deals in yuan.The latter four cities are all in south China's Guangdong Province.The Bank of China (BOC), China's largest foreign exchange bank, announced on July 6 last year that its Shanghai branch had received the first cross-border yuan trade settlement deal from the BOC (Hong Kong).The government is considering enlarging the scope of cross-border yuan settlement from commodity trade into service trade, said the report.Yuan settlement was in accordance with the market demand, said Cao Honghui, a researcher with the Chinese Academy of Social Sciences, but increasing the yuan's global acceptance would be decided by factors such as the country's economic development and the financial system development.

SHANGHAI, April 21 (Xinhua) -- China Eastern Airlines resumed some flights to Europe Wednesday, a week after ash from a volcanic eruption in Iceland halted air travel.China Eastern resumed services between Shanghai and some European cities including Moscow, Frankfurt and Paris.The airline had canceled 17 flights bound for London, Moscow, Frankfurt and Paris from April 15 to 20, affecting about 8,000 passengers.The carrier said it used bigger Airbus A346 and A343 models to transport as many stranded passengers as possible.German airline Lufthansa resumed flights from Shanghai to Frankfurt late Tuesday. Other European carriers, including Air France, Virgin Atlantic, KLM and Aeroflot, resumed services between Shanghai and Europe Wednesday. Finnair would resume services Thursday, the Shanghai Airport Authority said.Europe's air traffic slowly began to return to normal Tuesday with almost half of all scheduled flights taking to the skies, but officials warned it could take weeks to clear the backlog of millions of passengers stranded since the volcano erupted April 14.

BEIJING, April 19 (Xinhua) -- Senior Communist Party of China leader Jia Qinglin Monday met a visiting Taiwan delegation, who had attended a ceremony last week in honor of Huangdi, the Yellow Emperor, on the Chinese mainland.Huangdi, a legendary hero who lived 4,000 years ago, is considered to be the common ancestor of all Chinese people.The ceremony was held on April 16, the third day of the third month on the Chinese lunar calendar, which is considered the birthday of Huangdi, at mausoleums in Xinzheng, central Henan Province, Huangdi's birth place.Jia, a Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, told the delegation that people on both sides of the Taiwan Strait were all Chinese and attending the ceremony showed they still loved the nation.Unification was always the trend of history, which could not be reversed by any force, said Jia, also chairman of the National Committee of the Chinese People's Political Consultative Conference, or the top political advisory body.He said people's concerted efforts on both sides had brought the situation across the Strait out of crisis, and achieved major breakthroughs in cross-Strait relations on the common ground that opposes "Taiwan independence" and adheres to the "1992 Consensus."Jia especially praised efforts of teachers and students of the Huangpu (Whampoa) Military Academy in fighting imperialist, warlords and Japanese invaders before the founding of New China, saying the school, which was established in 1924 and famous for its officer graduates, "greatly contributed to national unification and independence."He said the school's spirit should be continued to strengthen national identity across the Strait, promote exchanges, deepen political mutual trust and curb "Taiwan independence."

SHANGHAI, April 30 (Xinhua) -- President Hu Jintao said Friday China attaches great importance to its relations with the Democratic People's Republic of Korea (DPRK), adding cementing friendly ties between the two countries has been a consistent policy of China.China is willing to join hands with the DPRK to promote the good neighborly relations to new heights, Hu said when meeting with Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the DPRK.Hu said China would maintain and strengthen friendly exchanges with the DPRK at all levels. He urged the two sides to provide mutual support on major international and regional issues, and enhance communication and coordination on important issues. Chinese President Hu Jintao (R) meets with Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea, in Shanghai, east China, on April 30, 2010. China and the DPRK celebrated the 60th anniversary of their diplomatic ties by holding the Year of Friendship in 2009. Kim Yong Nam said the Year of Friendship had yielded substantial results.Kim Yong Nam said the DPRK was willing to expand and deepen cooperation with China and promote bilateral friendly cooperative relations.