. Space Industry and Business News .




.
POLITICAL ECONOMY
Merkel seeks to ease eurozone fears in China
by Staff Writers
Beijing (AFP) Feb 2, 2012


German Chancellor Angela Merkel sought to reassure Beijing over the crisis in the eurozone and urged China to press Tehran on its nuclear programme as she began an official visit on Thursday.

"The euro as our common currency has made Europe stronger," Merkel said in a speech ahead of talks with China's Premier Wen Jiabao.

"The European Union -- in particular those states that have adopted the euro -- has made considerable progress in the last two years."

Merkel's three-day trip is aimed partly at boosting confidence in the eurozone after a sovereign debt crisis that has seen a wave of credit-rating downgrades and brought Greece to the brink of bankruptcy.

Europe is China's top export market and Beijing has watched with increasing concern as the debt crisis has deepened, repeatedly urging European leaders to get a grip on the situation.

The leader of Europe's biggest economy said EU members were now "deeply convinced" that they were on the right track with a treaty agreed by most EU nations on Monday that aims to stop countries from overspending.

The treaty -- pushed by Germany and the European Central Bank -- will require governments to introduce laws on balanced budgets and impose near-automatic sanctions on countries that violate deficit rules.

It will come into force after at least 12 euro nations ratify it, and only those countries that sign up will be able to access bailout aid from a new rescue fund.

In a speech to the Chinese Academy of Social Sciences, Merkel said China -- the world's second-biggest economy -- "must use its influence to tell Iran that transparency is a must and its nuclear programme must be open".

A German government source said earlier the chancellor would also call on Beijing not to take advantage of Europe's ban on Iranian oil -- imposed on Tehran over its nuclear stance -- to boost its own imports of the resource.

The US, the European Union and others have ramped up sanctions to target Iran's oil industry and central bank since a UN atomic watchdog report in November raised suspicions Tehran had done work on developing nuclear weapons.

Iran insists its nuclear drive is for peaceful purposes and that the International Atomic Energy Agency report was based on "forgeries" provided by its enemies.

Merkel, who will meet President Hu Jintao on Friday, also touched on Syria in her speech, saying it was "important that the international community speak with one voice at the United Nations."

The German leader is expected to ask for Beijing's support for a UN Security Council resolution against Syria, where fighting between President Bashar al-Assad's security forces and rebels is escalating.

China has a veto at the Security Council.

On bilateral trade between China and Germany -- which reached $169 billion in 2011, an 18.9-percent increase from the previous year -- Merkel called for a level playing field for German firms operating in China.

"As German entrepreneurs, we want to be treated on an equal footing with Chinese companies," she said.

Merkel's trip comes just days after deadly unrest hit China's Tibetan-inhabited areas and she indicated that human rights would be on the agenda.

"Germany has always advocated an open, political dialogue, including on controversial issues such as human rights and building a state of law," she said.

On Friday, Merkel will fly to the southern province of Guangdong -- where nearly 500 German companies are already present -- with Wen and executives from the energy, chemicals, engineering, banking and electronics sectors.

Her visit to the wealthy manufacturing hub will include a meeting with Gan Junqiu, the state-backed Catholic bishop of Guangzhou -- the provincial capital -- according to a German diplomatic source.

Rare earths -- valuable elements that are used in the production of high-tech products and which are of "very great importance for the German economy" -- will also be on the table, a German government source said.

China has been accused of deliberately restricting rare-earth exports to drive up prices and force manufacturers onto its shores, but Beijing says it limits them for environmental reasons to reduce mining-related pollution.

Related Links
The Economy




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




Germany's Merkel to meet bishop in China
Beijing (AFP) Feb 2, 2012 - German Chancellor Angela Merkel will meet a Catholic bishop this week during an official visit to China, where religious activities are strictly monitored, a diplomatic source said Thursday.

China has an estimated 5.7 million Catholics who either attend mass at churches overseen by the communist government, or who are part of illegal, "underground" congregations that are often raided and closed down.

The German leader, who is Protestant, will meet on Saturday with the state-backed bishop of Guangzhou, capital of the wealthy province of Guangdong, a German diplomatic source who asked not to be named told AFP.

The source did not say why Merkel -- who arrived in Beijing on Thursday on a trip aimed at boosting confidence in the eurozone and also lobbying China on Iran and Syria -- had decided to meet bishop Gan Junqiu.

The German leader is scheduled to fly to Guangdong -- a key manufacturing hub -- on Friday with Premier Wen Jiabao and executives from the energy, chemicals, engineering, banking and electronics sectors, after holding talks with President Hu Jintao.

Gan is part of the official church but received papal approval before being ordained -- unlike other bishops in China who have not received consent from the pope, angering the Vatican.

Unhappy about what it says are illegitimate ordinations as well as detentions of bishops loyal to the pope, the Vatican does not have formal diplomatic ties with Beijing.

Last year, it excommunicated a Chinese bishop ordained against papal approval and Pope Benedict XVI also called on all bishops to "refuse to take the path of separation" despite "pressure" from communist authorities.

But China has ignored these appeals, saying it ordains bishops "in accordance with the principles of independence, self-reliance and self-governance".

This will not be the first time a Western leader has engaged in religious activities on a visit to China.

George W. Bush attended a service at a Protestant church in Beijing in August 2008 when he was US president, and said publicly that China's communist leaders had nothing to fear from religious faith.



.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
China's manufacturing rises again in January
Shanghai (AFP) Feb 1, 2012
China's manufacturing activity improved in January despite weaker demand for exports, official figures showed Wednesday, raising hopes the world's second-largest economy is heading for a soft landing. The official purchasing managers index (PMI) rose to 50.5 in January, up slightly from 50.3 in December, the China Federation of Logistics and Purchasing said in a statement. Manufacturing ... read more


POLITICAL ECONOMY
Smart paint could revolutionize structural safety

Green light for Malaysia rare earths plant

Kitchen Gadget Inspires Scientist to Make More Effective Plastic Electronics

Harnessing the predictive power of virtual communities

POLITICAL ECONOMY
Brazil to assemble Harris tactical radio

Northrop Grumman Wins Award for USAF Design and Engineering Support Program

Fourth WGS Satellite Sends First Signals from Space

Boeing to Build More Wideband Global SATCOM Satellites for USAF

POLITICAL ECONOMY
Launch of Proton-M with Dutch Satellite Postponed

First Vega rocket assembled on launch pad

Ukraine, Russia to Launch 2 Dnepr Carrier Rockets in 2012

Russia Plans to Launch U.S. Satellite in February

POLITICAL ECONOMY
ESA Director General praises UK space innovation

Lockheed Martin-Built GPS Satellites Reach 150 Years of Combined On Orbit Service

LED lights point shoppers in the right direction

Opening of UK site producing the heart of Galileo

POLITICAL ECONOMY
Singapore Airlines 3Q net profit down 53 percent on-year

New Ideas Sharpen Focus for Greener Aircraft

Japan's ANA nine-month net profit down 10%

Stanford aero-engineers debut open-source fluid dynamics design application

POLITICAL ECONOMY
Jumpstarting computers with 3-D chips

Researchers Devise New Means For Creating Elastic Conductors

Cooling semiconductor by laser light

A new class of electron interactions in quantum systems

POLITICAL ECONOMY
NASA Finds 2011 Ninth-Warmest Year on Record

Satellite observes spatiotemporal variations in mid-upper tropospheric methane over China

NASA Sees Repeating La Nina Hitting its Peak

Map project accuses Google users of edits

POLITICAL ECONOMY
Eight executives detained in China pollution case

Chinese media blast officials over toxic river

China detains seven as water pollution fears widen

100 countries back world environment agency: France


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement