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Chinese solar producer Suntech declares bankruptcy

Suntech - AP

Suntech, one of the world's biggest solar panel manufacturers, was forced in bankruptcy court Wednesday, becoming the latest casualty of a painful slump in the global solar industry.

 

Japan Says It Is First to Tap Methane Hydrate Deposit

If the extraction process is successful, it could provide enough energy to meet the country’s gas consumption needs for 14 years, experts say.

 

Exclusive: Russia plans $25-$30 billion oil-for-loans deal with China

Rosneft is seeking to borrow up to $30 billion from China in exchange for possibly doubling oil supplies, making Beijing the largest consumer of Russian oil and further diverting supplies away from Europe.

 

China's money changes the landscape in Australia

Australian Landscape

Tony Clift's family has plowed the rich black soil of Australia's Liverpool Plains for six generations. The thought of selling never crossed his mind — until a Chinese company came to town. Shenhua Watermark Coal offered to buy farms at unheard-of prices. The decision wasn't easy, Clift says. His pioneer ancestors settled the land in 1832. But farming is a business nowadays, and selling his 6,500 acres (2,600 hectares) made business sense.

 

China Files WTO Complaint on EU Solar Subsidies

China filed a complaint to the WTO charging the EU with violating rules governing subsidies to its solar components industry.

 

Obama blocks Chinese purchase of US wind farms

Hu Jintao & Barack Obama

Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare planes on training missions....

 

China’s News Media Are Making Inroads in Africa

Chinese News Media

China’s state-run news media are rapidly growing in Africa, hoping to bolster Beijing’s influence in a region rich in the resources needed to fuel China’s powerhouse industries.

 

Beijing Reasserts Its Claims in South China Sea

China recently established a larger army garrison and expanded the size of an ostensible legislature to govern a speck of land, known as Yongxing Island, more than 200 miles southeast of Hainan. The goal of that move, Mr. Wu said, is to allow Beijing to “exercise sovereignty over all land features inside the South China Sea,” including more than 40 islands “now occupied illegally” by Vietnam, the Philippines and Malaysia.

 

India left in dark by utilities losing $10B a year

A decade ago, Chandrakant's fishing village in India's financial capital Mumbai lived mostly by candlelight. What people did not have - electricity - they stole. A decade ago, Chandrakant's fishing village in India's financial capital Mumbai lived mostly by candlelight. What people did not have - electricity - they stole. It was easy enough to hook onto the two thin power lines that passed over the village and take a little for themselves.

 

Japan pro-bomb voices grow louder amid nuke debate

Hiroshima

A contentious debate over nuclear power in Japan is also bringing another question out of the shadows: Should Japan keep open the possibility of making nuclear weapons - even if only as an option?...

 

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