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Monday, April 12, 2010

EAST ASIA: Russian Companies Follow Deripaska to Asia in Search of Cash

April 12, 2010, 6:07 PM EDT

By Yuriy Humber

April 13 (Bloomberg) -- Russian companies including VTB Group and OAO Polyus Gold are following Oleg Deripaska to Asia in search of cash, after the billionaire’s aluminum maker United Co. Rusal became the country’s first to list in Hong Kong.

Warming political ties between Russia and China, a 142 percent rally in Moscow’s Micex stock index since the start of last year and Rusal’s $2.24 billion share sale in January have combined to “pique interest” in Russia, said Chris Weafer, chief strategist at UralSib Financial Corp. in Moscow.

Polyus chief Evgeny Ivanov is among the dozens of . . .

View article…

RUSSIA & US: In a Diplomatic Limbo While Waiting to Adopt

“They are expecting us to return,” said Shannon Nelson. “How can we not?” She and her husband, Daniel, are adopting two Russian boys.  Brad Chamness for The New York Times

Published: April 12, 2010

By SARAH KERSHAW

Randy Wills received the long-awaited call from his adoption agency last Thursday: a 10-month-old girl from eastern Russia was available for adoption. He and his wife, Magdalena Kleczkowski Wills, who live in Southington, Conn., could plan to travel to Russia in two weeks.

The agency sent by e-mail a photograph of the infant, and Mr. Wills and his wife, who had undergone unsuccessful fertility treatments before pursuing the adoption, were giddy. The nursery was ready — complete with a stuffed animal named Shmuley the Monkey.

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RUSSIA: Out of tragedy, a detente of sorts between Russia, Poland

Tuesday, April 13, 2010

By Anne Applebaum, WARSAW

Last Saturday, the Polish president, the Polish national bank chairman, the chief of the Polish general staff and a host of other military and political leaders, some of whom were my friends and my husband's colleagues, died in a tragic plane crash in the forest near Smolensk, Russia, not far from where 20,000 Polish officers were secretly murdered by Joseph Stalin 70 years ago. Yet this time around, nobody suspects a conspiracy.

Of course a few fringe Web sites might make that claim, and the odd politician might voice it. But the Russian and Polish governments, the Russian and Polish media…

THE KOREAS & THE US: It's Time for the U.S. Army to Leave Korea

U.S. President Barack Obama gets a hug as he rallies U.S. troops at Osan Air Base in a Nov. 19, 2009 trip.

U.S. President Barack Obama gets a hug as he rallies U.S. troops at Osan Air Base in a Nov. 19, 2009 trip. (AP)

Joshua Stanton: After 60 Years, It's Time We Should Withdraw

(The New Ledger) Joshua Stanton blogs at OneFreeKorea.



Proceeding against the advice of my cardiologist, I must concede that for once, Ron Paul is actually on to something. The ground component of U.S. Forces Korea, which costs U.S. taxpayers billions of dollars a year to maintain, is an equally unaffordable political liability on the South Korean street. We should withdraw it. Every Saturday night off-post brawl is a headline in the muck-raking Korean press, for which the American soldier is inevitably blamed, and for which angry mobs perpetually demand renegotiations of the Status of Force Agreement to give Korea’s not-even-remotely-fair judicial system more jurisdiction over American soldiers.

The South Korean people do not appreciate the security our soldiers provide . . .

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CHINA & JAPAN: Chinese submarines, destroyers spotted in high seas near Okinawa

Two Chinese submarines and seven or eight destroyers were spotted by Japanese authorities on Saturday in the high seas between the main island of Okinawa and Miyako Island in the southernmost prefecture, Defense Minister Toshimi Kitazawa said Tuesday. The defense chief said the Chinese submarines and destroyers were navigating southward, adding that Tokyo has never before confirmed such a large number of Chinese vessels near Japan. (AP)

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CHINA: Recent grads' salaries at 2,900 yuan a month

2010-4-13

By Liu Xiaolin and Liang Yiwen

THE median salary for university graduates last year was 2,900 yuan (US$425) per month, varying greatly depending on students' majors, according to a new report.


The median pay in the report was slightly higher than the average wage of 2,691 yuan reported by online recruitment site Zhaopin.com. It's believed to be a more reliable statistic.


Shanghai Education Commission teamed up with Fudan University to survey more than 10,000 students from 58 colleges and universities who graduated last year, along with 368 employers, about first-time employees' starting pay.


"The employment condition is better than previously expected," said Wang Xiping, of the commission.


Despite the financial crisis, economics and trade majors brought higher pay than other majors, same as in 2008.


These were followed by majors of art design, commercial English, mechanical design and electric automation, according to the report.

Contrary to the belief that male students have the edge in jobs, female who graduated last year had 2.42 percent better success in landing work than the men, the report showed.


Higher education degrees seemed to bring higher salary, according to the report.


The median salary of freshly minted doctorates hit 4,750 yuan.
Other postgraduates' median salary was 4,000 yuan.


Some of this year's graduates-to-be are disappointed in the salary numbers.


"Prices of goods are increasing but the salaries are not," said Zhang Fei, a college senior who is majoring in Korean. "That will make life harder, especially for non-local college graduates who also have to pay the rent after they start working."

View Shanghai Daily Article...

CHINA: Hand, foot and mouth disease claims 13 tykes

2010-4-13

By Cyril Li

AN epidemic of hand, foot and mouth disease has killed 13 toddlers and hospitalized 20 in a southwestern China county, Xinhua news agency reported yesterday.


The health department of Quanzhou County in Guangxi Zhuang Autonomous Region said the disease appeared without skin rashes - one of its typical symptoms. The alteration made it more difficult for the local medical staff to identify the disease, said the head of the county health bureau.


Inadequate conditions in local hospitals hampered treatment to patients in critical situation when none of them had necessary devices such as respirator for children or blood gas analyzer, the official added.


Experts from the center of disease control and prevention in Guangxi's Guilin City confirmed that all the deaths were caused by the disease.

View Shanghai Daily Article...

CHINA: Mr. Death, please say hello to Mr. Kill

2010-4-13 

By Wang Xiang

DID you know there are people with Kill, Death, and Ghost as their family names? A retired man in Jiangxi Province said he will apply for entry in the Guinness World Records for collecting more than 2,000 of the weirdest surnames in China.


The 75-year-old Cheng Yinglian said his interest in collecting these unusual family names was piqued 20 years ago when he read a byline in a newspaper that started with Gui, meaning Ghost in Chinese, reported the Jiang Nan City Daily.


Cheng said he found that weird surnames had stories behind them and he started to pay special attention to them.


Soon he became obsessed. He told the newspaper he has spent almost every spare second in the past 20 years seeking them out, eventually publishing book, "Thousands of Surnames."


There were surnames meaning numbers (from zero to zillion), daily necessities (tea, oil, salt, and vinegar), and time units (seconds, minute, hour). Other unfortunate folks have inherited surnames such as Yao, meaning drugs, Zai, meaning kill, Si, meaning death.


It was not easy to compile the list, as most Chinese people share a few common surnames, like Zhang, Wang, Li, Liu and Chen.
There were about 92.9 million Chinese people, 7.25 percent of the country's total population, with the surname Wang, meaning King, as data showed in 2008.

View Shanghai Daily Article...

S. KOREA: South Korean Won Falls on Speculation Central Bank Intervened

April 13 (Bloomberg) --

South Korea’s won weakened from an 18-month high on speculation the central bank is selling the currency in order to damp gains and support earnings of exporters.

Shares of Hyundai Motor Co., South Korea’s largest automaker, and Kia Motors Corp. yesterday fell the most in more than three months in Seoul on concern a stronger won would erode their profits. Foreign investors today sold more Korean stocks than they bought for the first day since March 11 . . .

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VLADIVOSTOK, RUSSIA: Mass grave halts road-building project

Road construction

RIA Novosti

Construction of a road near the Russian Far Eastern town of Vladivostok has ground to a halt after a mass grave was found in its path, the head of a local construction company said.

Viktor Grebnev said the first bones were found in late fall 2009. There is already a memorial to the victims of Stalin's repression not far from the site.

"Construction at the site has stopped. The uncovered remains have been transferred to special containers. Now we are waiting for the earth to thaw so the remaining fragments can be carefully removed from the ground," he said.

According to eyewitnesses, bones and skulls can still be seen on the surface of the earth at the construction site.

"There are barracks where political prisoners were held several kilometers away from the site," local historian Viktor Shalai said, adding that the uncovered bodies could have starved or been worked to death.

A spokesman from the construction company said the company was leaving the site for experts to investigate.

"Judging by photographs from the construction site near the memorial [...] a mass grave of executed people has been uncovered. It's hard to judge the scale of the grave from the photographs. Experts must carry out a thorough, competent and, most importantly, ethical investigation."

During the Stalinist purges millions of people were executed on fake charges of espionage, sabotage, anti-Soviet propaganda or died of starvation, disease or exposure in Gulag labor camps in Siberia and the Far East. According to official statistics, 52 million were convicted on political charges during Stalin's regime.

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S. KOREA: South Korea Imposes Midnight Gaming Ban To Combat Addiction

Video Game Online Ban

"Other people sacrifice their sons to the nation, but I gave my son away to online games," one South Korean mother told Donga, a South Korean news outlet.

In an effort to curb video game addiction among youth, South Korea's Ministry of Culture, Sports and Tourism has implemented a sort of gaming "curfew" that will block underage users from accessing online computer games after midnight.

View article…

TAIWAN: Taiwanese Lin Yu Chun Sings Whitney Houston's "I Will Always Love You" LIVE

THE KOREAS: Buddhists give North Korea food for thought

Published: April 12 2010 17:49

By Christian Oliver in Seoul

Inspiration comes easily to South Korea’s Buddhist abbots.

The Venerable Bop Ta decided in the late 1990s he should build noodle factories in North Korea, and not just because of starvation in the secular dictatorship. The factories could increase the role of Buddhism in inter-Korean rapprochement, clawing back ground from tenacious South Korean Protestant missionaries, who are eagerly seeking North Korean converts.

Religion is officially banned in North Korea and anyone who believes in any religion must practise in the utmost secrecy…

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CHINA: Land prices fall except in Beijing

2010-4-13 

Source: Xinhua

THE average land prices in 70 major cities fell 31 percent in March over February as China's measures to curb property prices "start working," a report from the China Land Surveying and Planning Institute said yesterday.


Land supplies in 70 large- and medium-sized cities were rebounding in March and market transactions remained active, said a CLSPI report released by the Ministry of Land and Resources on its Website.


Land prices for residential use and their premiums in Beijing, however, continued to surge "markedly" in March from a month earlier, the report said, without giving the exact numbers.


Housing prices almost doubled in big cities such as Beijing in 2009, triggering fears about possible property bubbles and widespread complaints among people who don't own a house in the cities.


The Beijing city government vowed earlier this year that it would provide at least 2,500 hectares of land to build 30 million square meters of houses this year.


The average land prices of the 70 cities dropped 31 percent month on month to 1,438 yuan (US$210) per square meter in March while land prices for residential use in those cities averaged 1,868 yuan per square meter, down 20 percent from February.

View Shanghai Daily Article...

CHINA & JAPAN: Call for Japan to tap China as neighbor

2010-4-13

By Mari Yamaguchi

THE head of an international aviation group yesterday said the only way for Japan's struggling airline industry to recover is to serve as a gateway to China and he urged reforms and cost-cutting.


Japan has slipped from being a leader in the Asian-Pacific market and its competitiveness is "at risk" because it has lagged in cost-cutting, liberalization and other reforms for decades, said Giovanni Bisignani, chief executive of the International Air Transport Association.


The recent bankruptcy filing of Japan Airlines Co, the signing of an Open Skies agreement with the United States and planned runway expansion at Tokyo's two main airports are "a wake-up call for urgent change," Bisignani said. He urged Japan to use the opportunity to speed up industry reforms and rebound.


Bisignani said Japan should take advantage of being a neighbor of booming China. He urged Tokyo to build up its strength to compete with rival regional hubs, including South Korea's Inchon, as well as Singapore and Hong Kong, "to serve as a gateway to China, which is where the future is."


"You are located in a wonderful part of the world, with China in front of you. This is the only opportunity that you have," he said. "Take advantage of this area of the world where the traffic is still growing."


"Why can't you play a role as a hub entering into China? Why leave this to Inchon or Singapore?"

Over the past decade, Japan's total jet fleet size has grown to 540 and China to 1,400 from about 480 each. Japan's market size has hardly changed during the period, with international seats now at 1.3 million per week, while China has outgrown Japan from 500,000 to 1.4 million, according to industry figures. IATA represents 240 airline companies worldwide.


China's expansion gives a great opportunity for Japan that "you cannot miss," Bisignani said.


Tokyo's new government has said Japan has too many airports due to often-wasteful public works projects promoted by previous administrations. Japan, the size of California, has 98 airports and the newest, which opened near Tokyo in March, has only one regular daily flight.

Bisignani called for leadership to resolve the "incredible situation" in west Japan, where three airports with five runways altogether are vying for 36 million passengers.

View Shanghai Daily Article

CHINA: China's Imports In March Outpaced Exports

April 12, 2010

China's demand for oil and other commodities is surging as the country's economy powers forward. Beijing says it imported so many things from the rest of the world last month, that it posted an unusual trade deficit. With the U.S., however, China still runs a surplus.

TRANSCRIPT

RENEE MONTAGNE, host:

NPR's business news starts with China's import juggernaut.

(Soundbite of music)

MONTAGNE: China's demand for oil and other commodities is surging. Beijing says it's imported so many things from the rest of the world last month, it posted an unusual trade deficit. With the U.S., however, China still runs a surplus, meaning it sells the U.S more than we sell China.

Beijing may be hoping the numbers will ease some of the political pressure to change its currency policy. U.S. lawmakers complained that China keeps its currency unfairly low in order to boost its exports.

CHINA: Public servants out of touch with masters and forget to serve the people

2010-4-13

By Wan Lixin 

SEVERAL recent occurrences serve as depressing commentary on the state of China's public servants.


One took place in Gushi, Henan Province, on March 25, when a company boss, a local bank chief named Min Zhitao, and a deputy county magistrate summoned four women to keep them company at a teahouse.


Min began to take liberties with three of them, and when stopped by the fourth woman, the banker began to turn his attention to the women who interrupted.


The banker then followed another woman to the toilet.


When he was rejected, he pushed her to the ground and began to grope her.


When the woman begged on her knees for mercy from the deputy county magistrate who was standing nearby, the magistrate remonstrated with her softly: "Lass, stop that fuss. Bank chief Min has good connections."


We cannot but marvel at the camaraderie between our civil servants.


Another incident also illustrating the strong bond between our officials is the case of Wang Yali, who before last June was the youngest member of the local People's Political Consultative Conference and deputy chief of the Communist Youth League in Shijiazhuang, capital of Hebei Province.


As a matter of fact, Wang has been found to have falsified nearly everything except her sex - her name, age, education, work experience and cadre status have all been forged.


Wang had rustic origins, but her fortune took an abrupt turn after she claimed nominal kinship with a rich local businessman.
Wang would have been in line for higher position, had she not brazenly claimed she was the daughter of a billionaire.


It was reported yesterday that a dozen officials who had helped her in her career have been disciplined or are facing criminal charges.


To ordinary Chinese dazzled by the high wages and perks associated with their servants, they cannot but suppose that coveted status can be achieved only after a rigorous selecting process.


Not so for someone who knows how to work the system.
Other evidence of officials' indulgence towards each other was found in the cover story on last week's South Weekend.


It reported that no local Party or government chief has been dismissed in the eight known cases over three years in which death was the result of forced relocation.


The victims committed suicide or were buried alive as their land was taken over.


Sharp contrast


In sharp contrast to our indulgence towards our servants is our officials' severity towards their masters.


It was recently reported that in Shiyan, Hubei Province, that citizen Peng Baoquan was detained by police on April 9 for having taken pictures of some people appealing to higher authorities to air their grievances.


Early next morning the police sent Peng to the local mental hospital.


In another case in Sui County, Shangqiu, Henan Province, on March 22, a peasant visited a township chief in his office to complain that his farm field had been misappropriated.


The peasant picked up a mug in the office to take a drink, but was stopped. He retorted and a scuffle ensued, resulting in his detention for a week.


A followup report in the Bejing News yesterday suggested that many other peasants have been detained on other occasions for complaints of land misappropriations.


In all these cases we sense a contempt on the part of our servants for the feelings of their masters.


There are strong suggestions that our servants are generally out of touch with their masters, and in the relatively few instances where real contact and touch occurs, it often takes place in an indecent, violent, suppressive, or fatal context.

View Shanghai Daily article...

CHINA: China Forex Reserves Hit Record High

2010-4-13 

By Zhang Fengming

CHINA'S foreign exchange reserves, the world's biggest, rose to a new high of US$2.45 trillion at the end of March, up 25 percent on a year earlier.


They increased by US$47.9 billion in the first quarter, the People's Bank of China, the nation's central bank, said yesterday on its Website. The growth is US$40.2 billion more than a year ago.

View Shanghai Daily Article...

CHINA: New credit dips again as policies take effect

2010-4-13

By Zhang Fengming

THE issuing of new credit in China fell further in March as regulators control lending growth to avoid overheating, the latest economic data showed yesterday.


The nation's banks extended a smaller-than-expected 510.7 billion yuan (US$74.82 billion) in yuan-backed loans last month, down from February's 700.1 billion yuan, the People's Bank of China said on its Website.


The median forecast for March new credit was 700-plus billion yuan.
It was way down from the monthly record of 1.89 trillion yuan a year ago when China pumped up liquidity to revive economic growth against the global financial crisis.


China's new credit issuance has fell for two straight months this year.


The growth in M2, the broadest measure of money supply, including cash and deposits, slowed down to 22.5 percent in March from February's 25.5 percent.


China has targeted a money supply growth of 17 percent this year.


"The slowdown of new credit is a set trend this year with China's tough stance on lending controls," said Li Wei, a Standard Chartered Bank economist.


"The March credit is smaller than market expectations but still bigger than the central bank's previous target, leading us to expect even tighter measures in the second quarter."


First-quarter new lending was 35 percent of the government's full-year target of 7.5 trillion yuan, partly because Chinese banks tend to lend in the early part of the year for maximum interest returns.
China's official monetary stance is still "appropriately loose" but tightening moves have started to take effect.


Li said an interest rate increase in the second quarter was possible as the central bank may use it as a tightening signal, though administrative credit control could be more effective in China.


The view is shared by JPMorgan Chase Bank economists who said interest rate increases would have a smaller impact on the economy but could have a much bigger impact on sentiment.
Banks in China issued 9.6 trillion yuan of new credit in 2009 amid the fiscal crunch.

View Shanghai Daily Article...

JAPAN: Japan targets deflation and debt control

2010-4-13

By Tomoko A. Hosaka 

JAPAN'S finance minister said yesterday his government deserves credit for guiding the economy out of recession but must now focus on beating deflation, controlling debt and reigniting growth.


Stock prices are up since the government of Prime Minister Yukio Hatoyama swept into power last summer and the Cabinet met its goal of passing a budget before the March 31 end of the fiscal year, Naoto Kan said in a speech at the Foreign Correspondents' Club of Japan.


"In the seven months of the Hatoyama administration, you cannot deny the fact that the fiscal and economic situation is improving if you look at the results," Kan said.

But he expressed concern about deflation and the government's ballooning debt - the highest in the industrialized world at nearly double the size of Japan's gross domestic product.


With little room to maneuver on the fiscal policy front, Kan has been particularly vocal about the central bank's role in fighting falling prices. The Bank of Japan in March expanded a cheap loan program to help boost liquidity amid the political pressure.


The Bank of Japan sees monetary easing as having limited impact on deflation, Kan said. But they both agree deflation is unacceptable. The central bank has said inflation of up to 2 percent would be desirable. Kan said he would embrace a higher goal.

View Shanghai Daily Article...

CHINA: Wind power propels China past Germany

2010-4-13

Source: Agencies

CHINA overtook Germany last year to become the world's second-largest producer of wind power behind the United States, global wind energy producers said yesterday.


The Global Wind Energy Council, which represents companies that make and manage wind power stations, said China's rapid drive to install wind turbines brought its total power capacity to 25.8 gigawatts, just squeaking past Germany's 25.77 gigawatts.


US has the most wind power capacity at 35 gigawatts, 36 percent of the world's total.


However, the wind energy group said it expects China to eventually overtake the US and exceed its own target of building enough wind turbines to churn out 150 gigawatts of power by 2020.


China is the world's biggest emitter of greenhouse gases, but is turning to renewable energy as well as coal as its growing economy calls for more power. Even with the large scale growth, wind power still accounts for only 1 percent of China's total electricity consumption.


Global wind energy capacity will increase from 158.5 gigawatts at the end of this year to 409 gigawatts by 2014, the council said.

View Shanghai Daily Article...

JAPAN: Japanese housewives, online gaming addicts

A small percentage of Japanese housewives lose themselves in torrid love affairs. An even tinier percentage become heavily addicted to online games, a new book claims. Writer Yuki Ishikawa tells the story of nine online gaming housewives in her book, Netoge Haijo. "Netoge" means "online games" while "haijo" means "wrecked women". One 37-year-old woman interviewed for the book talks how she spends her entire day in pajamas (like me!) and doesn't even bother closing the bathroom door when she sits on the throne (how embarrassing!). "I made love to this guy (whom she had dated in an online game) on the first day I met him in real life," says another 41-year-old online gaming housewife about a real-life grinding experience. "But actually, I instinctively had a feeling of disgust." The book's angle appears to be that online gaming has made these women spend more time playing that doing household chores. (Kotaku)

JAPAN & S. KOREA: iPad interior reveals power struggle between Japan and Korea

The electronic viscera of the iPad reveals a technological power shift: the most expensive and sophisticated components inside Apple's new gadget are no longer Japanese but Korean. Analysts calculating the raw cost of the items within Apple's device believe that the bill for materials amounts to $260 per unit, or $239 less than its retail price in the United States. Suppliers vary across the range but, in some iPad models, more than half of the component costs borne by Apple will go directly to South Korean companies, say analysts. The Japanese media has shown increasing signs of panic over the thinning of the country's once comfortable technology cushion over its Asian rivals. (Times Online)

RUSSIA: Three new families instead of the lost one?

Three Moscow families wish to adopt 7-year-old Artyom, who was sent back to Russia by his adoptive mother, a US citizen, according to Russia’s ombudsman for children’s rights, Pavel Astakhov.

RUSSIA: Facebook to Open Russian Office

Social-networking site Facebook is in talks on cooperation with Russian mobile operators and is opening up an office in Russia.

CHINA & US: Obama, China's Hu Eye Action On Iran

President Obama and Chinese President Hu Jintao sought common ground on Iran, instructing their respective diplomats to work on a set of potential sanctions to make clear to Iran the cost of continued nuclear defiance, a White House official said.

S. KOREA: South Korea restraint after ship sinking adds to clamor for government action

Amid speculation that North Korea played a role, Seoul has warned against premature conclusions. Others say even if the North was involved, the South isn't ready to risk war by challenging the North.

No one knows what sank a South Korean naval patrol boat in the middle of the night last month, but that hasn't prevented a growing public clamor demanding that President Lee Myung-bak challenge the North Korean regime over the disaster.

CHINA: Traditional Chinese physiognomy

Traditional Chinese physiognomy by -- PHYSIOGNOMY is a study based on experience, according to David Fang, a master in the art of Chinese face reading that goes back thousands of years.

It is true that people with a friendly look can receive more help...

RUSSIA: Nuclear Summit Takes Urgent Tone

April 12, 2010

by Mike Shuster

A two-day international nuclear summit convenes Monday in Washington, with nearly 50 nations sending leaders to join in the discussion. But while the Obama administration wants to see all vulnerable nuclear materials and weapons locked down in four years, not all nations see that goal as an urgent priority.

Although the U.S. and Russia have been trying to secure dangerous nuclear materials for more than a decade, there has never before been an international summit this large and at such a high level focused on nuclear security. It's part of the shift in thinking that is taking place globally as the nuclear confrontation of the Cold War gives way to other concerns, Secretary of State Hillary Clinton said.

"The nature of the threat has changed," Clinton said Friday at the University of Louisville in Kentucky. "We no longer live in constant fear of a global nuclear war, where we're in a standoff against the Russians with all of our nuclear arsenal on the ready. But as President Obama has said, the risk of a nuclear attack has actually increased. And the potential consequences of mishandling this challenge are deadly."

Policemen walk past the Washington Convention Center. Jewel Samad/AFP/Getty ImagesPolice officers walk past the Washington Convention Center in Washington, D.C., on Saturday, where security is tightening ahead of the Nuclear Security Summit. Jewel Samad/AFP/Getty Images

A New Nuclear Threat

The risk of nuclear attack is now from terrorists intent on getting their hands on a nuclear weapon, according to Ben Rhodes, the president's deputy national security adviser. Rhodes spoke from Air Force One on its return to Washington after the signing of the new Strategic Arms Reduction Treaty in Prague.

"We know that terrorist groups, including al-Qaida, are pursuing the materials to build a nuclear weapon. And we know that they have the intent to use one," Rhodes said. "This, of course, would be a catastrophic danger to American national security and to global security, were they able to carry out that kind of attack."

The stockpile of dangerous materials that could be used to make a nuclear weapon is enormous — 500 tons of plutonium and 1,600 tons of highly enriched uranium around the world. That's enough to make more than 120,000 nuclear weapons.

Despite much work spearheaded by the U.S. and Russia, a significant portion of that stockpile is still vulnerable, says Gary Samore, director for nonproliferation in the National Security Council.

"If we're able to lock those down and deny them to nonstate actors, then we have essentially solved the risk of nuclear terrorism," he says.

This summit is designed to rally the world to take action urgently.

Action Needed More Than Words

The idea of the summit has garnered applause from many outside the government who have been trumpeting this cause for years, such as Matthew Bunn, an expert on nuclear proliferation at the Managing the Atom project at Harvard.

"This material, unfortunately, is easy to smuggle and hard to detect. The nuclear material needed for a nuclear bomb would fit easily in a suitcase. Hence, insecure nuclear material anywhere is really a threat to everyone, everywhere," Bunn says.

Over the past 15 years, many programs have been established and billions of dollars have been spent to secure some of the world's plutonium and highly enriched uranium. But the effort still has fallen short, says Ken Luongo, a former Department of Energy official, now president of the Partnership for Global Security.

"As important as this event is — because no one has ever convened this kind of an event before, and the president and his administration deserve credit for that — if it just focuses on ratifying the status quo, I think that's going to be inadequate," says Luongo. "Because the status quo for preventing nuclear terrorism is inadequate."

President Obama may have had that in mind when he said recently that this gathering will not end in some vague, gauzy statement. The summit, the president said, will spell out clearly how to lock down all the nuclear materials over the next four years.

A bold statement, Luongo notes, but still far from the concrete actions needed to accomplish the goal.

View article…

THE KOREAS & THE US: S Korean gov't: S Korea, U.S. do not see DPRK as nuclear power

SEOUL, April 12 (Xinhua) -- Seoul's foreign ministry said Monday South Korea and the United States do not recognize the Democratic People's Republic of Korea (DPRK) as a nuclear power, playing down U.S. Secretary of State Hillary Clinton's recent remark that Pyongyang possesses up to six nuclear weapons.

"The international community, including South Korea and the U.S. , has maintained a firm position that North Korea (DPRK) cannot obtain nuclear power status," the ministry spokesman Kim Young-sun told reporters in a press briefing.

Kim's remark comes in apparent contrast with Clinton's description last week of the DPRK as a country that has already acquired up to six nuclear weapons, despite the U.S. government's official position not to acknowledge Pyongyang as a nuclear weapons state.

CHINA: Bank chief sacked over sex assault claims

Bank chief sacked over sex assault claims by --
A BANK of China official has been sacked after being accused of sexually assaulting a hotel saleswoman during a party.

The case sparked nationwide outrage via the Internet, fueled by the alleged encouragement...

CHINA: Forget about love, it's money girls want

Forget about love, it's money girls want by --
MONEY counts when it comes to choosing a husband. At least for the college students in south China's Guangzhou City where up to 60 percent of them said in a survey that they wanted to marry into a rich family.
...

CHINA & US: GM speeds into green vehicles

GM speeds into green vehicles by -- GENERAL Motors said it plans to nearly double its product offerings in China to 25 new and upgraded models using fuel-efficient technologies in the next two years.

The United States car maker's move underscores...

CHINA & US: Trade barriers feared as economies weaken

Trade barriers feared as economies weaken by --
THE battle with the United States over China's exchange rate continues.

When the Great Recession began, many worried that protectionism would rear its ugly head.

True, G-20 leaders promised that they had...

CHINA: GM speeds into green vehicles

GM speeds into green vehicles by -- GENERAL Motors said it plans to nearly double its product offerings in China to 25 new and upgraded models using fuel-efficient technologies in the next two years.

The United States car maker's move underscores...

JAPAN & S. KOREA: Spy drama pulls S. Koreans to Akita

Spy drama pulls S. Koreans to Akita

JAPAN: 50 rally for investigation of deportee's death

50 rally for investigation of deportee's death

JAPAN: Beer shipments sink to record low

Beer shipments sink to record low

JAPAN: Evasion, snubbing court orders key Toyota tactics: lawyers

Evasion, snubbing court orders key Toyota tactics: lawyers

JAPAN: 'Sambo' racism row reignites over kids' play

'Sambo' racism row reignites over kids' play

JAPAN: Uphold defense principles

Uphold defense principles

JAPAN: What Japanese phenomena would you like to see exported abroad?

What Japanese phenomena would you like to see exported abroad?

JAPAN: Nutritionist praises traditional diet

Nutritionist praises traditional diet

JAPAN: Yokota base bans 'Cove' to be neutral

Yokota base bans 'Cove' to be neutral

JAPAN: Japan hopes to corner 6% of global water biz

Japan hopes to corner 6% of global water biz

JAPAN: Tokyo woman, 70, seeking to break Everest record this spring

Tokyo woman, 70, seeking to break Everest record this spring

JAPAN: Hatoyama heads to nuke summit, separate chats

Prime Minister Yukio Hatoyama left Monday for a two-day visit to Washington to attend a summit on nuclear security to be hosted by President Barack Obama and meet bilaterally with other leaders on the sidelines of the event.

Hatoyama plans to chat with Obama during a banquet for the Nuclear Security Summit scheduled for Monday evening, as they will be seated next to each other, but no formal meetings were arranged for the two leaders.

JAPAN: Daughter, 3, in coma; mother held for abuse

FUKUOKA (Kyodo) A 27-year-old woman in the city of Fukuoka was arrested Monday on suspicion of critically injuring her 3-year-old daughter by pushing her off a table to the floor.

Shiho Yamasaki, unemployed, told investigators she knocked her daughter down late Sunday night at their home "in the heat of the moment." The girl had been standing on the 35-cm-high table.

JAPAN: Aid shouldn't give JAL unlevel field, group says

Japan Airlines Corp., restructuring under a ¥900 billion government-backed plan, shouldn't allow the aid to distort competition, the International Air Transport Association said Monday.

"Restructuring has to be fast and painful," IATA Director General Giovanni Bisignani said in Tokyo. "They have to cut costs."

JAPAN: NUMMI's idled thousands feel betrayed by auto duo

FREMONT, Calif. — Workers have expressed grave disappointment in General Motors Co. and Toyota Motor Corp. after the closure of their joint venture in California left 4,700 without jobs.

In operation for 25 years, New United Motor Manufacturing Inc. churned out its last Toyota Corolla on Thursday.

JAPAN: Kan: Tax hike doable, just needs proper sell

The government is ready to increase taxes to reduce the massive public debt, Finance Minister Naoto Kan indicated Monday, saying the only catch is to present it in a way that will convince voters.

"It is not just a case of Japan. But politicians, whether they are in the ruling or opposition camps, (face the) trauma (of losing) an election if they speak about a tax hike," Kan said at the Foreign Correspondents' Club of Japan.

CHINA & US: China Interested In California's High-Speed Rail

April 12, 2010

by Stephanie Martin

The Chinese rail ministry is in talks with the state government in California to both build and finance a link between Los Angeles and San Francisco. The high-speed rail project needs private financing of up to $12 billion. California is talking to other countries that have high speed rail as well.

TRANSCRIPT

RENEE MONTAGNE, host:

And here's another possible Chinese export to the U.S.: high-speed rail. Beijing has built thousands of miles of high-speed rail lines in China. Now it wants to offer its expertise to California.

From member station KQED, Stephanie Martin reports.

STEPHANIE MARTIN: China's railway ministry is currently in talks with California and General Electric to help build and finance a high-speed route linking San Francisco to Los Angeles.

Mr. JEFFREY BARKER (Deputy Director, California High-Speed Rail Authority): We don't have high-speed rail in the United States, and so we want to borrow the expertise from those who do.

MARTIN: The California High-Speed Rail Authority's Jeffrey Barker says the state wants to learn as much as possible about existing systems.

Mr. BARKER: And on their end, I think it benefits them to keep apprised of where we are in our process because, of course, other countries, you know, want to do business with California when we finally build a high-speed rail.

MARTIN: But before it can do that, it needs money - between $10 and $12 billion in private financing. The Chinese have offered to provide capital, though no word yet on how much. They've drawn up preliminary plans to license Chinese technology to GE and to supply engineers.

The University of California Berkeley's William Garrison is an expert on high-speed rail. He says a partnership with the Chinese would likely mean speedy construction and a good price.

Professor WILLIAM GARRISON (University of California, Berkeley): So the benefit would be the Chinese would produce it at less cost than we would produce it. We'll be busy producing something else that we can make more money from.

MARTIN: California is also talking with other countries that have high-speed rail, but it will need to decide a contract winner soon. The state wants to have its system up and running by the year 2020.

For NPR News, I'm Stephanie Martin in San Francisco.

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CHINA & US: At Summit, Diplomacy Plays Out On The Sidelines

April 12, 2010

by Michele Kelemen

TRANSCRIPT

ROBERT SIEGEL, host:

This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

MICHELE NORRIS, host:

And I'm Michele Norris.

And we begin this hour with what President Obama has called the top threat to U.S. security: loose nuclear material. World leaders gathered in Washington today to figure out how to secure it all - some 500 tons of plutonium and 1,600 tons of highly enriched uranium.

NPR's Michele Kelemen reports.

MICHELE KELEMEN: President Obama began his day by meeting with Jordan's King Abdullah, who came here with one key issue on his mind, how to revive Israeli-Palestinian peace talks. The Jordanian king has been encouraging the Obama administration to put some ideas on the table, including a clear endgame. A senior Arab official says there is growing frustration in the region about the lack of progress. The written statements that followed President Obama's meeting with the Jordanian king did not give any indication that the president is ready to offer bold new initiatives. News did emerge from President Obama's meeting with his Ukrainian counterpart, Victor Yanukovych. White House spokesman Robert Gibbs says Ukraine will remove all of its stockpile of highly enriched uranium by 2012.

Mr. ROBERT GIBBS (White House Press Secretary): This is something that the United States has tried to make happen for more than 10 years. The material is enough to construct several nuclear weapons. And this demonstrates Ukraine's continued leadership in nonproliferation and comes in an important region where we know a lot of highly enriched uranium exists.

KELEMEN: The Obama administration is hoping that more countries will come forward with specific ways to secure nuclear material to keep it out of the hands of terrorists.

In the president's side meetings, another major theme is how to keep Iran from developing a nuclear bomb. That was a central topic for Mr. Obama as he sat down with his Chinese counterpart, Hu Jintao. A handful of demonstrators stood outside the heavily guarded convention center.

(Soundbite of protestors)

KELEMEN: Tibetans and followers of Falun Gong protested the Chinese leader's visit. But analysts say the meeting shows that the two presidents have gotten over a rocky period in their relationship. The Obama administration avoided issuing a report, recently, that could have cited China as a currency manipulator. And the Chinese seem to have moved on from their criticism of the Obama administration for selling more arms to Taiwan and hosting the Dalai Lama. It's not clear yet whether President Obama can get China to sign on to tough sanctions on Iran, something the U.S. wants to do this month.

Michele Kelemen, NPR News, Washington.

CHINA: US teenager set to scale world's highest peak

A 13-year-old American boy is to try to become the youngest person to scale the world's highest peak, Mount Everest.

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TRAVEL: Report: Airline industry performance up

The performance of the airline industry improved in 2009, compared with the previous year, according to an annual report released Monday.

S. KOREA: Korea grand prix track construction on time

Organisers of the Korean Grand Prix assure Formula 1 officials the track will be completed in time for the race in October.

JAPAN: Japan whalers blame Sea Shepherd harassment

The last ship of Japan's Antarctic whaling fleet sailed home Monday with the lowest catch in years, a shortfall whalers blamed on high-seas clashes with the militant environmental group Sea Shepherd. The mother ship the Nisshin Maru sailed into Tokyo harbour, the last of the five harpoon ships to come home after they set sail in November, its hull splattered with blood-red paint thrown by the protesters. The fleet's catch of 507 whales was down sharply on last year's cull of 680 and below the target of about 850, said Japan's Fisheries Agency, which blamed a total of 31 days of harassment by the Sea Shepherd group. (AFP)

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TRAVEL: Fees a fix for 'out of control' carry-ons?

Last week's announcement of a carry-on fee for Spirit Airlines customers has some travelers hoping other carriers will follow to reduce the number of people who bring overstuffed bags and "hog" the overhead space.

BEIJING, CHINA: Beijing adopts staggered working hours to ease traffic pressure

More than 810,000 Beijing residents have been asked to start work half an hour later to alleviate the city´s traffic jams.

CHINA: Australia refloats China ship stranded off Barrier Reef

A Chinese coal ship that ran aground near the Great Barrier Reef sparking fears of an ecological disaster is refloated.

CHINA: President Hu leaves for nuclear summit in Washington

2010-4-12 

Source: Xinhua 

Chinese President Hu Jintao left Beijing this morning for the upcoming Nuclear Security Summit on April 12-13 in Washington at the invitation of the US President Barack Obama.


Hu will deliver a speech stressing the importance of nuclear security and clarifying China's policy on the issue. Hu will meet with Obama on the sidelines of the summit.


Up to now, leaders or representatives from 46 countries, the International Atomic Energy Agency (IAEA), the European Union (EU), and other international organizations have confirmed their attendance.


"We hope common ground can be increased between all participants, and that they will pay greater attention to nuclear security, and work together to safeguard international peace and security," Chinese Vice Foreign Minister Cui Tiankai said last week.


China also hoped the summit would push international cooperation to ensure safety of nuclear materials and facilities, as well as the peaceful use of nuclear energy, according to Cui.


After the nuclear meeting, Hu will attend the second summit of the BRIC countries - Brazil, Russia, India and China - scheduled for April 15- 16 in the Brazilian capital of Brasilia.


Discussions among the BRIC countries are expected to center on the need for changes in global institutions, including the International Monetary Fund (IMF) and the World Bank, and on updating the regulation of financial markets to avoid another global crisis.


China hoped the summit participants could discuss global issues in spirit of mutual benefit, so as to facilitate the recovery of world economy, safeguard the four nations' common interests and advance cooperation.


At the invitation of President Lula of Brazil, President Chavez of Venezuela and President Pinera of Chile, Hu will pay a state visit to Brazil and Venezuela respectively from April 14 to 17 and from April 17 to 18 and make a working visit to Chile on April 18.


During his Latin America tour, Hu will hold talks with Lula, Chavez and Pinera to further friendly relations and deepen cooperation of mutual benefit with the three nations.


Hu's entourage includes Ling Jihua, member of the Secretariat of the Communist Party of China (CPC) Central Committee and director of the General Office of the CPC Central Committee; Wang Huning, member of the Secretariat of the CPC Central Committee and director of the Policy Research Office of the CPC Central Committee; State Councilor Dai Bingguo; Foreign Minister Yang Jiechi; Minister of the National Development and Reform Commission Zhang Ping; Minister of Industry and Information Technology Li Yizhong; Commerce Minister Chen Deming; Vice Foreign Ministers Li Jinzhang and Cui Tiankai and Director of the President's Office Chen Shiju

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THE KOREAS & CHINA: S Korea detains 'refugee hunter'

A South Korean man who allegedly hunted North Korean refugees in China is arrested in Seoul, reports say.

CHINA: No parole for Chinese activist Hu

One of China's most prominent human activists, Hu Jia, has his request for medical parole rejected, his wife says.

KYOTO, JAPAN: Kyoto Gov. Yamada elected to third term, determined to 'revitalize' Japan

KYOTO -- Kyoto Gov. Keiji Yamada secured his third term after defeating a challenger backed by the Japanese Communist Party (JCP) in the prefecture's gubernatorial election on Sunday.

Yamada, who received unofficial backing from the Democratic Party of Japan (DPJ), the Liberal Democratic Party (LDP) and Komeito, said he was determined to revitalize Japan.

"I will set about prefectural politics with determination to revitalize Japan, starting from Kyoto," he said.