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Thursday 17th May, 2012

    • Taiwan shares open sharply lower

    Taiwan Headlines

    Taipei, May 18 (CNA) The Taiwan Stock Exchange's main index opened 123.54 points lower Friday at 7,233.23 on turnover of NT$2.973 billion (US$100.78 million). (By Sofia ...

    • China Stock Market Called Lower On Friday

    RTT News

    5/17/2012 8:50 PM ET (RTTNews) - The China stock market on Thursday ended the four-day losing streak in which it had given away more than 65 points or 2.7 percent en route to a fresh four-week ...

    • Taiwan Stock Market May Reverse Thursday's Gains

    RTT News

    5/17/2012 8:30 PM ET (RTTNews) - The Taiwan stock market has closed higher in two of three trading days since the end of the two-day losing streak in which it had fallen more than 105 points or 1.5 ...

  • Air Asia X completes network with Beijing

    Travel Blackboard

    Air Asia X has announced an expansion into China, with new four times weekly services between Kuala Lumpur and Beijing. Commencing 22 June this year, the airline said it would consider increasing ...

  • Parents of slain Chinese students sue USC

    The Seattle Times

    The parents of two Chinese students who were killed near the University of Southern California campus filed a lawsuit alleging the school made false claims about ...

  • HMAS Ballarat sails into China for joint exercise

    ABC Australia

    Australia An Australian frigate is preparing for joint exercises with the Chinese navy, just days after Foreign Minister Bob Carr received the blowtorch from Beijing over increased Australia-US ...

  • Palace defends Zalamea appointment as China special envoy

    Inquirer

    MANILA, Philippines - Malacaang has defended President Benigno Aquino III's appointment of former Development Bank of the Philippines chairman Cesar Zalamea as special envoy to China on ...

  • Cannes 2012: Chinese Film Executives Look for Global Opportunities

    Hollywood Reporter

    CANNES - Chinese film industry representatives said here Thursday that they hope for increased international collaborations and distribution of their releases ...

  • Hawaii to feel effects of Chinese solar panel tariffs

    Business Journal

    decision Thursday to impose tariffs of more than 30 percent on photovoltaic panels imported from China -- most likely in the form of higher prices. This is in addition to the Commerce ...

  • US puts tariffs on Chinese panels

    BBC

    The US has said it will impose tariffs of about 30% on imports of solar panels from China. The Commerce Department sided with US-based solar panel companies, ruling their Chinese competitors were ...

  • 31% tariff set for Chinese solar panels

    News & Observer

    The U.S. Commerce Department said Thursday that it has decided to impose tariffs of more than 31 percent on solar panels imported from China, after concluding that Chinese producers had ...

  • Tariffs on Chinese solar panels split U.S. rivals

    Washington Times

    China , finding that Chinese companies are improperly flooding the U.S. market with government-subsidized products.The Commerce Department said Chinese producers had dumped solar cells and panels in ...

  • US imposes tariff on Chinese solar panels, a victory for US manufacturers

    Christian Science Monitor

    US manufacturers had sought the ruling by the Commerce Department that Chinese firms were dumping solar panels, but the dispute is likely to aggravate US-China ...

  • Chinese dissident Chen Guangcheng to leave for the U.S. 'within 15 days'

    Canada.com

    In this file photo taken Wednesday, May 2, 2012. and released by the U.S. Embassy Beijing Press Office, blind activist Chen Guangcheng, center, holds hands with U.S. Ambassador to China, Gary Locke, ...

  • Echoes of Tiananmen, on Film, Face Hurdles in China

    New York Times

    Cui Jian, a musicianwhose songs embodied the spirit of hope and protest among young people in China in 1989, rehearsed at Beijing Workers Gymnasium before performing a 3D rock concert. The concert ...

  • Canadian canola exports may rise with poor crops in China, EU

    Western Producer

    Rabobank says poor rapeseed crops in the European Union and China will cause them to have higher-than-expected canola imports. The bank's analysis forecasts four million tonnes of ...

  • Redford looks to China for Alberta's economic future

    The Globe and Mail

    Alison Redford will take her energy pitch to China next month, building ties in a market she hopes will drive Alberta’s economic growth for years to come.Ms. Redford announced Thursday she ...

  • Alberta premier planning June trip to China

    Calgary Herald

    Premier Alison Redford will make her first visit to China at the end of June and could end up attending the Olympic Games in London in late summer as well.In a Facebook posting Thursday, Redford ...

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Chinese shipping industry is not the only one causing environmental incidents


Chinese shipping industry is not the only one causing environmental incidents

The recent highly publicized grounding of a Chinese bulk carrier on the Great Barrier Reef in Australia attracted the scrutiny of the world on the Chinese shipping industry with some commentators saying that the accident was indicative of a dysfunctional health and safety record throughout the industry in China.

China’s shipping industry is primarily made up of the state-owned and run COSCO (China Ocean Shipping Company), and it is this company to whom the Shen Neng 1 belongs. The Shen Neng 1 is not the only COSCO ship to be involved in a notable maritime accident.

The Great Barrier Reef incident can be ... more


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