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Posts Tagged ‘Tianjin’

China Approves Kuwaiti Refinery

March 9, 2011 Comments off

wsj.com

BEIJING—China has given final approval to Kuwait to build an oil refinery in the south of the country in a joint venture with China Petroleum & Chemical Corp., a person with firsthand knowledge of the decision said Tuesday.

China, dependent on oil imports, has been making deals with major producers to process more crude domestically.

The $9 billion project between Kuwait Petroleum Corp. and Asia’s largest refiner by capacity, also known as Sinopec, has been under negotiation for more than five years. It includes a refinery with a capacity of 300,000 barrels a day in the city of Zhanjiang in Guangdong province and an ethylene plant with a capacity of a million tons a year, along with related utilities, jetties and oil pipelines, according to previous comments from government and company officials involved in the Read more…

The African Chinese Connection

January 29, 2011 Comments off

Shu Yunguo & James Shikwati

China and Africa had established relations as early as 2,000 years ago, during which, there were no wars, aggression or looting but only exchanges of trade between China and Africa. The history and tradition of China-Africa relations not only exerted positive and enormous influence, but also laid a solid foundation on the relationship development between countries in modern times.

Secondly, developing countries have common qualities. Both China and African countries are developing countries meaning they have not only common history, but also share similar targets for development. Developing countries’ common qualities determine that there is no conflict of interest between them, and also that the countries have the same or similar opinions on many major international issues (such as the establishment of a new international political and economic system).

Thirdly, they are all eager to develop themselves. Currently, developing countries are still weak compared with the strong developed countries. When dialogue between developing and developed countries is progressing slowly, the cooperation between developing countries becomes especially important. Both China and African countries are developing countries, and strengthening cooperation is the request of the era and the common need to develop.

Fourthly, the countries stood the test of practice. The establishment of the People’s Republic of China and African countries gaining independence proved that the equal, reciprocal and win-win relationship between China and Africa has strong vitality and the prospect of sustainable development. Fifthly, the relationship can be guaranteed by a system and mechanism. China and Africa launched the Read more…

China Plans A New Mega City: Population, 42 Million

January 27, 2011 Comments off

A city the size of Switzerland? If China gets its way, yes.

Some ambitious apparatchiks in southern China want to combine 9 cities to create an urban area the size of New Jersey and Vermont combined.

The plan, announced in state media, would unite several existing cities in the prosperous Pearl River Delta region, including Guangzhou (12 million), Shenzhen (8.6 million), Dongguan (6.9 million) and six smaller cities. Together, these cities already account for about 10% of China’s economy, the Telegraph notes.

The Party’s planners hope improved transport links and better infrastructure be beneficial to the population and to greater economic efficiencies . Other areas in China are facing a similar gravitational pull to merge together, notably Beijing with its southern smaller twin Tianjin, already joined by a high speed train link.

Rich neighbors  Hong Kong and Macau will not join the super sprawl, but it’s safe to assume that they’d like to have a say in larger regional themes, like pollution control.

The godzilla-like territory has yet to be named.