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SCHWEIZER
BOTSCHAFT IN BEIJING
EMBASSY OF SWITZERLAND IN BEIJING
AMBASSADE DE SUISSE EN CHINE |
Der wöchentliche
Presserückblick der Schweizer Botschaft in der VR China
The Weekly Press Review of the Swiss Embassy in the People's Republic
of China
La revue de presse hebdomadaire de l'Ambassade de Suisse en RP
de Chine |
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Foreign
Policy |
Bush to visit China in November
2005-10-18 China Daily
US President George W. Bush will visit China and Japan in November
as part of a trip to a region of increasing economic significance
and strategic concern to the United States. The White House
said that before attending the November 18-19 Asia Pacific Economic
Cooperation summit in South Korea, Bush would visit Kyoto, Japan,
on November 15 and meet with Japanese Prime Minister Junichiro
Koizumi on November 16. After the APEC meetings, Bush will go
to Beijing on November 19, followed by Mongolia on November
21. Bush, who previously visited Beijing in 2001 and 2002, is
going to China at the invitation of Chinese President Hu Jintao,
who has worked with the United States, South Korea, Japan and
Russia to persuade North Korea to halt its nuclear weapons programs.
The trip coincides with simmering US concern over the rise of
China on the global diplomatic stage and China's growing economic
and military clout. Senior U.S. officials have expressed deep
concern about China's drive to lock up oil and raw material
supplies from around the world, including from countries, like
Iran, with which the United States is in conflict. Booming China
is the third-largest importer of oil. ()
President Hu meets US Defense Secretary Rumsfeld
2005-10-20 People's Daily
Chinese President Hu Jintao met with visiting US Defense Secretary
Donald Rumsfeld Wednesday in Beijing, calling for the two sides
to make a concerted effort to further promote the relations
between the two nations and two armies. Hu, also chairman of
the Central Military Commission, said that China-US relations
have seen good growth on the whole, and that the leaders of
the two nations maintain close connections and communication.
Hu described bilateral cooperation in economy and trade, anti-terrorism,
nonproliferation of nuclear weapons and United Nations reform
as "fruitful". "When we met in New York not long
ago, President George W. Bush and I reached an important consensus
on pushing forward comprehensive Sino-US relations in the 21st
century, which is of great significance in futhering bilateral
ties", Hu said. He pointed out that China and the United
States are both very influential nations in the world with commensurate
responsibilities that share common interests in safeguarding
world peace and promoting common development. ()
China, Australia to boost bilateral ties
2005-10-17 Xinhuanet
China pledges to work with Australia to further enhance bilateral
ties and cooperation in all fields, said Chinese President Hu
Jintao here Monday. During a meeting with Australian Governor-General
Michael Jeffery, President Hu spoke highly of present Sino-Australian
relations, saying that the two heads of state reached common
ground on developing bilateral relations and political trust
and economic cooperation have been promoted. Hu indicated that
the bilateral trade volume exceeded 20 billion US dollars last
year, free trade agreement negotiations were launched, and cooperation
on energy resources, public health, and tourism have been fruitful.
He expressed his appreciation to Australia for its adherence
tothe one-China policy, and its opposition to Taiwan independence.
Hu noted that both the important countries in the Asia-Pacific
region, China and Australia have a common interest in safeguarding
regional peace and stability and promoting prosperity. () Besides
Beijing and Xi'an, Australian Govennor-General Jeffery also
travelled to Shanghai, which is the first stop of his current
China tour.
Meeting boosts Sino-Russian ties
2005-10-21 China Daily
Senior Chinese and Russian officials met in Beijing yesterday
for a second round of strategic security talks, moving to further
strengthen the partnership between the two countries. State
Councillor Tang Jiaxuan and visiting Russian Security Council
Secretary Igor Ivanov conducted the talks, and the two parties
discussed bilateral ties and the interaction on the international
scene. During the 3-hour meeting, Tang called on the two sides
to enhance co-ordination on major strategic security issues
and to support each other in the important areas of sovereignty
and national security. Ivanov said Sino-Russian relations have
reached their highest level in a changing international situation,
saying the two countries have given high priority to each other's
major interests and concerns. They have also attained effective
co-operation in their struggle against new threats and challenges,
a testament to a stronger strategic partnership. China and Russia
decided to hold regular strategic security consultations in
February when Tang visited Russia and met with President Vladimir
Putin. The first round of the talks in Moscow between Tang and
Ivanov began in the same month. This is the first time China
has established a mechanism to consult with another country
about national security strategies. Ivanov will meet with President
Hu Jintao today, concluding his three-day China visit, and leave
Beijing for India. Chinese Foreign Ministry spokesman Kong Quan
also revealed that Premier Wen Jiabao will fly to Moscow on
Wednesday to attend the Fourth Meeting of Prime Ministers of
the Member States of the Shanghai Co-operation Organization.
The two also pledged to make efforts to guarantee the success
of next year's top leader meeting and the Shanghai Co-operation
Organization Summit Meeting.
Chinese, Equatorial Guinean presidents vow to enhance economic
cooperation
2005-10-21 People's Daily
Chinese President Hu Jintao held talks with Teodoro Obiang Nguema
Mbasogo, president of Equatorial Guinea in Beijing Thursday.
The two sides hailed bilateral relations and vowed to enhance
economic cooperation. Sino-Equatorial Guinean relations have
witnessed sound progress in the past 35 years since the two
countries forged diplomatic ties in 1970, along with fruitful
cooperation in culture, education and health-care sectors, Hu
said. "We appreciate that the government of Equatorial
Guinea adheres to the the one-China stance and supports China's
peaceful reunification," said Hu. The Chinese president
suggested the two countries maintain high-level exchanges of
visits, strengthen cooperation between parties and the two parliaments,
and promote trade and economic cooperation, especially in infrastructure
development, oil and gas exploration, agriculture, forestry
and fishery. Hu Jintao also opined that the two sides can further
expand cooperation in culture, education, sanitation, human
resources and on the UN reform, development issues and poverty
relief. ()
China says Japanese PM's shrine visit causes grave consequence
2005-10-21 People's Daily
China on Thursday said that Japanese Prime Minister Junichiro
Koizumi should bear full responsibility for the fallout from
his war shrine visit. "Japanese Prime Minister Junichiro
Koizumi's visit to the Yasukuni Shrine has resulted in very
grave consequences, for which he should bear full responsibility,"
said Chinese Foreign Ministry spokesman Kong Quan. Koizumi made
his fifth visit to the shrine Monday since he took office in
2001, angering China and the Republic of Korea. Chinese President
Hu Jintao set forth proposals on developing Sino-Japanese relationship
in Jakarta in April during his meeting with Koizumi, to which
Koizumi expressed his agreement, said Kong. "However, facts
prove that Koizumi went back on his words," Kong said.
The Japanese must take actions to meet their promise to treat
history properly, and never do anything more to hurt the feelings
of the victimized countries," said Kong. "This is
the premise and basis of improving and developing Sino-Japanese
relations." Despite the strong opposition from China and
other Asian countries, Prime Minister Koizumi broke his promise
not to visit the shrine honoring 14 Class-A war criminals. "We
express our strong indignation and opposition," Kong said.
The indignation and opposition have been echoed by the international
community, even in Japan, Kong said. "We noticed that many
Japanese people also hold misgivings about Koizumi's shrine
visit."
Chinese Vice FM meets Japanese chief delegate to six-party
talks
2005-10-17 People's Daily
Chinese Vice Foreign Minister Wu Dawei in Beijing Sunday met
with Kenichiro Sasae, Japanese chief negotiator to the six-party
talks on the Korean Peninsular nuclear issue. According to sources
with the Chinese Foreign Ministry, the two sides exchanged views
on the next round of six-party talks slated for earlier November.
The six-party talks, which also involves the Democratic People's
Republic of Korea, the Republic of Korea, Russia and the United
States, has already held four rounds of talks in Beijing.
China firmly opposes all US-Taiwan military exchanges
2005-10-19 People's Daily
Chinese Foreign Ministry spokesman Kong Quan said in Beijing
Tuesday that China is firmly opposed to all kinds of military
exchanges between the United State and Taiwan. The Chinese government
is also firmly opposed to any form of US-Taiwan military cooperation
including US arms sales to Taiwan, Kong said. Replying to questions
concerning the visit of US Defense Secretary Donald Rumsfeld,
Kong said that the Taiwan issue is the core in the overall Sino-US
relations. China has expressed on many occasions that proper
handling of relations with Taiwan by the United States is the
most important basis for the healthy, stable and sustained development
of Sino-US relations, the spokesman said. The Chinese side values
the commitment made by US President George W. Bush and other
US leaders to sticking to the "one-China" policy,
abiding by the three Sino-US joint communiques and opposing
the independence of Taiwan.
Visiting Swiss congressman calls for closer Sino-Swiss ties
2005-10-16 People's Daily
Visiting senior Swiss congressman Pierre Kohler here Saturday
called for China and Switzerland to strengthen exchanges in
such fields as trade, travelling and press. Kohler, chairman
of the Switzerland-China committee of the Swiss parliament,
is on a ten-day visit to China at the invitation of the Chinese
People's Institute of Foreign Affairs. He told Xinhua that to
strengthen economic and trade ties with China is the main purpose
of his current China tour. Switzerland is one of the first Western
countries that recognized the People's Republic of China. Kohler
said since the two countries forged diplomatic ties in 1950,
Switzerland-China relations have been progressing rapidly. The
two sides have kept frequent parliamentary exchanges and expanded
cooperation in trade, educational and cultural fields. An increasing
number of Swiss companies are investing in China, he said, adding
the bilateral trade contacts will help push forward overall
bilateral relations. Kohler set up the Switzerland-China committee
in the Swiss parliament last year, with the aim to better introduce
China to the Swiss people and increase mutual understanding
between the two countries. "Switzerland has very good environment
for travelling and investment," Kohler said, expressing
his hope more and more Chinese will travel or do business in
his country.
Xinhua to further co-op with Swiss media
2005-10-15 Xinhuanet
Tian Congming, president of China's Xinhua News Agency, met
here Saturday with Pierre Kohler, chairman of the Switzerland-China
committee of the Swiss parliament. Tian expressed appreciation
for Kohler's efforts in promoting bilateral friendly relations
and the friendship between the two peoples. He said Xinhua has
maintained sound cooperation with Swiss media, and he hopes
Kohler's current visit will further facilitate bilateral cooperation
in various fields. Kohler said he has learned a lot about China
from Xinhua reports and information from the Internet. He hopes
he would increase understanding about China through his ongoing
China tour. He also hopes Xinhua and Swiss media could enhance
cooperation and exchanges. ()
Senior CPC official meets with Swiss guest
2005-10-17 Xinhuanet
Liu Yunshan, head of the Department of Publicity of the Communist
Party of China (CPC) Central Committee, met here Monday with
Pierre Kohler, chairman ofthe Switzerland-China committee of
the Swiss parliament. Liu said the China-Switzerland ties have
grown rapidly in recent years, noting the two countries have
kept fruitful exchanges and cooperation in various fields such
as economy, trade, culture and journalism. China attaches importance
to developing its relations with Switzerland and is expecting
to see further improvement of bilateral cooperation, Liu said.
Liu expressed the hope that Kohler would continue to play an
active role in promoting bilateral ties.
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Domestic
Policy |
China steps up efforts in bird flu fight
2005-10-21 People's Daily
As fears of a global pandemic rise, China is stepping up efforts
to increase surveillance and improve responses to animal and
human infections of bird flu. It is also pondering measures
such as stockpiling emergency materials, including anti-flu
drug Tamiflu, in case the bird-flu virus mutates into a strain
which is transmitted from human to human. The latest alarm was
in North China's Inner Mongolia Autonomous Region, where about
2,600 birds died following a recent outbreak caused by the deadly
H5N1 strain of the virus, according to the Ministry of Agriculture.
At a State Council meeting, Vice-Premier Hui Liangyu called
for intensified efforts to prevent, monitor and control the
spread of bird flu. He ordered government departments to focus
on prevention and improve the emergency mechanism to face up
to a possible outbreak. "It's peak time for the bird flu
outbreak. The situation is stark," he admitted. He underscored
the need for effective medical treatment plans if human cases
of infection are spotted Also Thursday, Foreign Ministry spokesman
Kong Quan told a regular press briefing that China is concerned
about the epidemic and has set up a nationwide monitoring network
and pre-schemes for emergency. He said China has strengthened
the quarantine of imports and exports to prevent the epidemic
from spreading. After the case near Hohhot, Inner Mongolia,
was detected, China has culled more than 91,000 birds within
a 3-kilometre radius of the farm, and imposed a 21-day quarantine
on poultry in the areas, said Aphaluck Bhatiasevi, Communications
Officer of the World Health Organization (WHO) Beijing Office.
() Shanghai Roche Pharmaceuticals Ltd - maker of Tamiflu - said
Thursday that it already collaborates, and is seeking further
tie-ups, with companies worldwide to speed up production of
Tamiflu. But Xu Chao, a Roche media officer in Shanghai, said:
"It is highly unlikely that we can fulfil large Tamiflu
orders at short notice." China, which does not currently
produce any Tamiflu, needs to import the drug, she said. While
current flu vaccines offer no protection against bird flu, lab
and animal experiments have shown that Tamiflu appears effective.
But the Swiss drug-maker has repeatedly said it would not give
up its exclusive patent on the drug to ease the worldwide shortage.
()
Chinese people proud of successful re-entry of Shenzhou-6
2005-10-18 People's Daily
Successful re-entry of the Shenzhou-6 spacecraft Monday morning
further boosted Chinese people's pride in the country's scientific
innovation and space science.. The re-entry capsule of China's
Shenzhou-6 spacecraft, carrying taikonauts Fei Junlong and Nie
Haisheng, landed safely on Earth at 4:33 a.m. on October 17,
marking the success of China's second manned space mission.
They landed in the grasslands of north China's Inner Mongolia
Autonomous Region. The Shenzhou-6 spaceflight ran for 115 hours
and 32 minutes, more than five times that of the Shenzhou-5
mission two years ago, which put the first Chinese taikonaut
in space. More than 2,000 residents of Longquan Community in
east China's Metropolis Shanghai gathered in the early morning
Monday, "We are so happy that they landed safely,"
residents shouted. () More than 2,000 people assembled at the
Tian'anmen Square in Beijing to watch the routine national flag-raising
in the Monday morning. Qin Xiaohui, on the tour in Beijing with
her husband, said she was very proud to attend the ceremony
on this special occasion. "May China achieve better results
in manned spaceflight and other scientific fields," she
said.
China issues 1st white paper on democracy
2005-10-19 China Daily
The Information Office of China's State Council issued Wednesday
a white paper on China's political democracy (full text) , vowing
to actively push forward the reforms of its political system
although, it said, tremendous achievements had been scored in
this regard. The white paper, issued by the Information Office
of China's State Council, or the cabinet, is the first of its
kind in China, giving a detailed account of the inception, development
and contents of the socialist political democracy and the principles
the country will abide by. The document, titled Building of
Political Democracy in China, also points out the problems the
country has to overcome and major steps to be taken in the reforms
of its political system. The socialist political democracy "is
the apt choice suited to China's conditions and meeting the
requirement of social progress," said the white paper.
Such democracy has enabled the Chinese people, who account for
one fifth of the world's population, "to become masters
of their own country and society, and enjoy extensive democratic
rights," the white paper says. In building socialist political
democracy, China has always adhered to the basic principle that
the Marxist theory of democracy be combined with the reality
of China, it says. In the process, China has also borrowed from
the useful achievements of the political civilization of mankind,
including Western democracy, and assimilated the democratic
elements of from China's traditional culture and institutional
civilization. () The white paper says the CPC's leading status
was established gradually in the protracted struggle and practice
of the Chinese people in pursuing national independence, prosperity
and a happy life. () The white paper consists of 12 parts, including
the people's congress system, the system of ethnic regional
autonomy, grassroots democracy in urban and rural areas, and
respecting and safeguarding human rights.
19 foreigners held in Xinjiang
2005-10-19 SCMP
Nineteen foreigners have been arrested on terrorism charges
in Xinjiang, authorities said yesterday. Beijing has waged a
relentless campaign against militants from Xinjiang's Uygur
minority who have struggled for decades to make the region an
independent state called East Turkestan. "This year we
have arrested 19 people from abroad who were sent to Xinjiang
for violent sabotage," regional Communist Party secretary
Wang Lequan said. "When they entered the territory of Xinjiang,
we immediately caught them." In August authorities charged
Uygur dissident Rebiya Kadeer, now living in exile in the United
States, with conspiring to sabotage celebrations marking the
50th anniversary of the Xinjiang Uygur Autonomous Region on
October 1. She was also charged with evading taxes, committing
fraud and running up heavy debts. Mr Wang said the government
had told Ms Kadeer's children they could not leave the country
until the family's debts were paid. "We asked them not
to leave the country before the present issue is resolved because
if they settle outside China, who will return their evaded taxes?"
he said. China freed Ms Kadeer, a businesswoman, in March after
almost six years in jail for disseminating state secrets abroad,
just ahead of a visit by US Secretary of State Condoleezza Rice.
Mr Wang also confirmed that Mutalifu Yusufu, former mayor of
the Xinjiang city of Korla , killed himself late last month
while under investigation for corruption. Yusufu, his wife and
other relatives, skimmed millions of yuan in a chemical fertiliser
scam, Mr Wang said, noting a "complete conclusion"
on the case had yet to be made. "There is one thing for
sure - he was involved in his wife's corruption and then committed
suicide," he said.
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Taiwan |
Pet birds smuggled to Taiwan have H5N1
2005-10-21 SCMP
Bird flu sent fresh jitters across East Asia yesterday, with
Taiwan reporting the island's first confirmed case of the H5N1
strain in birds and Thailand announcing another fatality. Speaking
in Taipei, Shih Wen-yi, a deputy director of Taiwan's Centre
for Disease Control, said the island was on high alert after
samples collected from a batch of songbirds smuggled from the
mainland for sale to bird fanciers tested positive for H5N1.
"From the samples of 46 birds we examined, eight tested
positive for H5N1," Mr Shih said. He said police had detained
a mainland crewman for his alleged role in smuggling the birds.
So far, the condition of the crewman and some 40 health and
customs officials involved in the crackdown and inspection had
been listed as stable, he said. Officials appealed for calm,
saying the detection of the deadly virus did not automatically
make Taiwan a bird-flu-infection area. "Taiwan is still
H5N1-free," Mr Shih said, but he warned people against
smuggling livestock or wildlife to Taiwan. The smuggling was
uncovered on Saturday by Taiwanese coastguard officers based
in the central county of Taichung. The officers inspected a
Panamanian bulk carrier and found 1,037 birds of 19 species,
including hill mynahs, black-naped orioles and Pekin robins.
Some 276 birds, suspected of having the deadly virus, had already
died during the journey, they said. The mainland crewman, a
second mate, was detained because all the smuggled birds were
found in his cabin. ()
Agreement reached on opening direct flights across Taiwan
Straits
2005-10-21 Xinhuanet
Chinese mainland officials and a visiting Kuomintang Party (KMT)
delegation from Taiwan reached an agreement on opening direct
flights across the Taiwan Straits yesterday in Beijing. The
two sides held that opening cross-Straits direct flights as
soon as possible is the expectation of compatriots from both
sides. Flexible, pragmatic and effective methods should be adopted
to this end. The understanding was reached while Li Bingcai
and Zheng Lizhong, deputy directors of the Taiwan Affairs Office
under the Communist Party of China (CPC) Central Committee,
and officials from the Civil Aviation Administration of China
and the State Tourism Administration held a working conference
with the KMT delegation. () Estimates say opening Taiwan to
mainland tourists will generate at least NT$50 billion (US$1.5
billion) in tourist revenues and business opportunities worth
more than NT$100 billion (US$3 billion) at home, which, Tseng
said, will help revive the dwindling local economy. ()
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Economy |
China's GDP grows 9.4% in first three quarters
2005-10-20 China Daily
The Chinese economy grew a robust 9.4 percent in the first nine
months, a spokesman for the National Bureau of Statistics announced
in Beijing Thursday. Preliminary estimates show that China's
gross domestic product (GDP) totaled 10.63 trillion yuan (US$1.3
trillion), a year-on-year rise of 9.4 percent, or 0.1 percentage
point decline from the growth of a year earlier, said Zheng
Jingping, the spokesman. Of this total, the primary industry
registered a value-added of 1.35 trillion yuan (US166.5 billion),
up 5 percent. The value-added of secondary industry totaled
6.04 trillion yuan (US744.8 billion), up 11.1 percent, and that
of the tertiary industry rose 8.1 percent to 3.23 trillion yuan
(US398.3 billion). The economy showed a steady growth momentum
with GDP growth rates standing at 9.4 percent, 9.5 percent and
9.4 percent for the first, second and third quarter, respectively,
Zheng said. ()
Oil price impact on China's economy 'limited'
2005-10-20 China Daily
Surging oil price will only have limited impact on China's economy,
Zheng Jingping, spokesman for the National Bureau of Statistics
(NBS), said in Beijing Thursday. The oil price increase surely
will have impact on China's economy as 40 percent of oil consumed
in the country is imported," said Zheng at a press conference,
"especially on some sectors, like agricultural means of
production, oil refinery and public transport. But the impact
is limited." According to International Monetary Fund,
the world oil price will rise by 40 percent over last year's
level. The high price has caused impact on world economy. Zheng
said that China's total oil consumption is not high, accounting
for eight percent of world total. Besides, China has a lot of
supplanting energy sources, like coal and natural gas. China's
utilization and development of natural gas has great potential,
said Zheng, adding that currently, China's natural gas/crude
oil consumption proportion stands at 0.24:1, compared with 1:1
in some foreign countries. Coal consumption accounts for 75
percent of total energy consumption in China. The technology
of coal converting to oil has been put into manufacturing process,
said Zheng. Zheng noted that though the impact is limited, China
should be cautious and take measures to minimize the impact.
Zheng criticized the speculation on world oil market, saying
that current high oil price is abnormal. "The current oil
price couldn't represents the relations between supply and demand,"
said Zheng." speculation has played a more important role
in the increase of oil prices." ()
China's car sales grow 33% in September
2005-10-21 China Daily
China's passenger vehicle sales jumped 33 percent in September
over a year earlier, as price cuts helped spur demand, the China
Association of Automobile Manufacturers reported. But the 354,000
units of passenger vehicles sold lagged behind production, which
totalled 358,200 units, according to data seen Thursday on the
industry group's Web site. After lagging earlier in the year,
sales have rebounded in most vehicle categories, with purchases
of passenger cars up 36 percent against September 2004 at 254,500
units, it said. Sales of multipurpose vehicles, such as minivans,
jumped 89 percent to 13,800 units and sales of sport utility
vehicles rose 56 percent to 20,700, it said. Detailed sales
figures for other types were not given. Passenger vehicle sales
rose 16.8 percent in the first three quarters of this year,
compared with the same period a year earlier, to 2.8 million
units, the report said. Buyers are tending to opt for smaller
cars due to higher gasoline prices. Nissan Motor Co.'s Tiida,
a new subcompact which sells as the Versa in other markets,
was the best-selling model in September, at 13,700 units, just
ahead of South Korean automaker Hyundai Motor Co.'s Elantra
1.6, which sold 13,300 units, the figures showed. Chery Automobile
Co. sold 11,100 of its QQ minicar, with Shanghai Volkswagen
selling 10,700 Santana sedans and General Motor Corp. selling
10,400 Excelles, the report said. In the year to date, the Xiali,
a compact made by Tianjin FAW Xiali, was the best seller, with
sales totaling 133,800. The Elantra was a close second at 131,200
followed by the Excelle, with sales totaling 105,000, and Santana
- once the market leader - at 100,300, it said. Automakers are
operating under heavy pressure to cut costs and offer discounts
amid increasingly intense competition, cutbacks in government
spending and tightening restrictions on bank loans for auto
purchases. VW has seen its market share drop to 18 percent from
over 50 percent in the 1990s. Hoping to regain lost ground,
earlier this week the company announced plans to introduce up
to 12 new models in China by 2009 while cutting costs and improving
service.
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North Korea |
Hu to visit Pyongyang to discuss nuclear issues
2005-10-19 SCMP
President Hu Jintao is likely to visit North Korea next week
and meet leader Kim Jong-il to discuss the North's nuclear weapons
programme, Kyodo news agency reported yesterday. The visit,
expected to take place on Monday, is part of diplomatic manoeuvring
before a November round of six-party talks on Pyongyang's nuclear
programme. Mr Hu and Mr Kim would also discuss bilateral economic
co-operation, Kyodo said. Reuters
Tobacco giant running factory in Pyongyang
2005-10-18 SCMP
British American Tobacco, the world's second-largest cigarette
company, has secretly been operating a factory in North Korea
for the past four years, a British newspaper reported yesterday.
"It's a very small entity within the BAT group and, therefore,
does little to justify a mention" in the company's annual
accounts, a BAT spokeswoman told The Guardian, while denying
that this was a "secret" factory. "If we were
asked about our investment there, we respond appropriately.
The investor community knows of it." BAT launched its business
in North Korea in September 2001 after forming a joint venture
company with a state-owned enterprise called the Korea Sogyong
Trading Corporation, whose main interest had previously been
exporting carpets, the paper reported. BAT made an initial investment
of US$7.1 million in the enterprise and owns 60 per cent of
the company they formed, which is known as Taesong-BAT, the
report continued. The company employs 200 people at its factory
in Pyongyang, the capital, producing up to 2 billion cigarettes
a year.
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Julie Kong
Embassy of Switzerland
|
The Press review is a random selection
of political and social related news gathered from various media
and news services located in the PRC, edited or translated by
the Embassy of Switzerland in Beijing and distributed among Swiss
Government Offices. The Embassy does not accept responsibility
for accuracy of quotes or truthfulness of content. Additionally
the contents of the selected news mustn't correspond to the opinion
of the Embassy. |
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