SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (829)9/23/2003 3:29:08 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
China to add one more large oilfield

www.chinaview.cn 2003-09-23 11:04:08

  HOHHOT, Sept. 23 (Xinhuanet) -- A large oilfield capable of producing one million tons of oil annually will be built at Hailar Basin in north China's Inner Mongolia Autonomous Region, late in the 10th five-year-plan period (2001-2005).

  The news was announced Monday by Wang Fuchun, an official with the Development and Reform Commission of Bulun Buir city, Inner Mongolia.

  Chinese oil workers first discovered oil and gas resources in Hailar Basin in 1980s, but didn't make much progress in oil and gas reserve prospecting because of the complicated geological features of the basin, said Wang.


news.xinhuanet.com



To: RealMuLan who wrote (829)9/25/2003 3:53:08 AM
From: GUSTAVE JAEGER  Respond to of 6370
 
TECHNOLOGY

Space Odyssey

Launching its first man into orbit should show the world just how seriously China must be taken

--------------------------------------------------------

By David Murphy/BEIJING


Issue cover-dated October 02, 2003

-------------------------------------------------------

BOLDLY GOING WHERE
no Chinese has gone before, Beijing is expected to put its first man into space in October, joining the elite club of just the United States and Russia.

Forty-two years after Yuri Gagarin's flight stunned the world, the prospect of the first yuhangyuan, or Chinese astronaut, is set to make waves in the space programmes of other countries. That's not because it's threatening--experts say there is little or no military application in a manned flight--but because it's a benchmark of how far China's space programme has come, and how far it intends to go.

"This is purely political, it's a demonstration that they've arrived," says David Baker, editor of Jane's Space Directory in London. "China is taking a megaphone to the world and shouting: 'We are capable, take us very seriously'."

Details are scarce--even the astronauts' names haven't been revealed. One or possibly two will take off in a capsule called Shenzhou V (Divine Vessel) that will lift off from Jiuquan in Gansu province in the northwest in October, according to the Beijing Morning Post on September 18. The capsule should land on the steppes of Inner Mongolia at least one day later.

The flight should crown a decade of progress in civilian applications of space technology and China's ability to launch satellites--both for itself and for other countries. "Clearly there is a huge economic component to it in terms of the ability to forecast weather, the ability to provide communications to remote parts of China and other areas," says Dean Cheng, an Asia analyst at the CNA Corp., a think-tank based in Alexandria, Virginia, and close to the United States military.

The military implications of the programme are hard to quantify. But China's leap into space is dominated by the military and will probably produce much dual-use technology.

That is making some countries nervous. One consequence is that Japan is merging its three existing space entities into a consolidated body modelled on the U.S. National Aeronautics and Space Administration. "Japan is seriously worried about China's long-term intentions," says Baker.

China's manned space debut could also provide a jolt to the U.S. space programme itself, in the doldrums since the Columbia space-shuttle disaster in February this year. The space shuttles will likely remain grounded until at least the middle of 2004. "But meanwhile Russia is supplying the space station and China launches its manned space flight. This could be the very thing that stiffens the resolve to go for more ambitious goals in the American space programme," says Baker.
[snip]

feer.com

(registration is free)