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NOTE The following news release is a quote: www.ice.gov/news/releases/1202/120206denver.htm FEBRUARY 6, 2012 DENVER, CO Chinese national indicted in Colorado for trying to illegally export to China radiation-hardened computer circuits used in satellite communications DENVER – Philip Chaohui He, aka Philip Hope, a Chinese national, made his initial appearance in U.S. district court on Thursday after he was named in a three-count indictment charging him with attempting to export defense articles without U.S. State Department authorization. The indictment was announced by U.S. Attorney John Walsh, District of Colorado and Michael A. Holt, special agent in charge of the Denver office of...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
A newly built 13-storey residential building collapsed in Shanghai yesterday, killing one worker. The block of high-rise flats toppled onto its side in the muddy construction site raising concerns that building safety standards are being overlooked in favour of fast construction in China's rush to modernise. The building appeared to be almost complete with fitted windows and a finished, tiled facade. Other similar-looking blocks in the same property development were still standing nearby. Shoddy construction and the use of sub-standard materials is a concern in China's construction sector as the country scrambles to build out cities and finish massive infrastructure...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
The Finnish authorities have impounded an Isle of Man-flagged ship bound for China with undeclared missiles and explosives, officials say. Police are questioning the crew of the MS Thor Liberty after what were described as 69 Patriot anti-missile missiles were found aboard. Interior Minister Paivi Rasanen said the missiles were marked "fireworks". The MS Thor Liberty had docked in the Finnish port of Kotka after leaving Germany last week. Dock workers became suspicious after finding explosives poorly stored on open pallets, and the missiles were then found in containers marked "fireworks". The managing director of the ship's owner, Thorco Shipping,...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
Home schools emerged in many places of China today due to the parents' concern about the public education, the China Youth Daily reported Monday.A growing number of parents in Beijing, Shanghai, Guangdong and Zhejiang provinces are choosing to let their children receive an education at home rather than attend public kindergartens, primary, junior or senior middle schools.Some parents think their children cannot realize the happiness of learning, acquire useful knowledge effectively and master learning for a modern society through the current methods taught in schools. A recent seminar about launching home school projects was held by 21st Century Education Research...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
Wondering why gold dropped by almost $100 today? Wonder no more: today the Shanghai Gold Exchange lifted gold margins for forward contracts the second time this month to 12% beginning on Friday, in a move that is starting to resemble the CME's vendetta with silver back from May. Should we expect 3 more SGE margin hikes in the next 2 weeks? Or will the CME rightfully accept the baton and do everything in its power to dent the parabolic rise in the alternative reserve currency? We are cautiously looking at what the CME will do today and will advise readers....
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
Latest amphibious warship launched in Shanghai China Daily/Asia News Network Wed, Jul 20, 2011 The Jinggangshan dock landing ship, which is the largest warship in the Chinese Navy, was officially launched in Shanghai, Monday's Jiangxi Daily reported. The report did not give the exact date of the launch. With a displacement of 19,000 tons, the amphibious warship is 210 meters long and 28 meters wide and can carry helicopters, armored fighting vehicles, boats and landing craft as well as nearly 1,000 soldiers, Jiangxi Daily said. According to an earlier report on china.com, Jinggangshan is the second of the Type 071...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
Tokyo is still the world’s most expensive city to live in and Oslo and Osaka still make the top five, but the Worldwide Cost of Living 2011 survey just released from the Economist Intelligence Unit also revealed some dramatic changes in the last year. Australia has become one of the biggest risers, with the strong Aussie dollar lifting costs in Sydney (6th most expensive city), Melbourne (7th), Perth (13th) and Brisbane (14th) to their highest levels. Europe accounts for half the top 50 most expensive cities, with Paris in fourth spot, Zurich in fifth and Frankfurt and Geneva in eighth...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
SHANGHAI (Reuters) - A two-day strike over rising fuel prices turned violent in Shanghai on Thursday as thousands of truck drivers clashed with police, drivers said, in the latest example of simmering discontent over inflation. About 2,000 truck drivers battled baton-wielding police at an intersection near Waigaoqiao port, Shanghai's biggest, two drivers who were at the protest told Reuters. The drivers, who blocked roads with their trucks, had stopped work on Wednesday demanding the government do something about rising fuel costs, workers said. "I want the government to stand up to solve our problems because we cannot take this anymore....
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
Top Photo: Shanghai in 1990. Bottom Photo: Shanghai in 2010. Just an interesting photo of where American wealth has gone to fund the huge building boom in China. Shanghai is the most populous city in China.
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
Last week, Mexican authorities seized over 23 tons of ethyl phenylacetate, which is used in the manufacture of methamphetamine. The drug component was discovered at the Pacific port of Manzanillo, in a shipment from China. In April 2010, Mexican officials seized 80 tons of phenylacetic acid and its derivatives shipped from Shanghai, China. Imports of ethyl phenylacetate require authorization from the country’s health ministry, so the shipments are intentionally mis-labeled before leaving China. Last year, an anonymous U.S. official told Reuters that between October and November 2010, Mexican authorities seized 818 tons of chemicals used in making crystal meth. Due...
Published on Saturday 19th of May 2012 05:42:53 AM
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Posted by admin / Under Shanghai Automotive Industry Corporation
MANY small businesses in Shanghai are refusing to take 1 and 2-jiao notes from customers because their low value means they are difficult to pass on as change and time -consuming to count. A Shanghai Daily study found owners in nearly half the local small shops investigated, including convenience stores, fruit stalls and news-stands, especially those run privately, rejected 1 and 2-jiao notes and asked to be paid in coins instead. Nigel Upstone, from the United Kingdom, told Shanghai Daily he was astonished when a Tesco Express store on Dingxi Road refused to take a 1-jiao note from him. "I...
Published on Saturday 19th of May 2012 05:42:53 AM
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