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sdiwc conferences

CFP - ICDIPC2012 - Lithuania - IEEE - 0 views

You are invited to participate in The Second International Conference on Digital Information Processing and Communications that will be held in Lithuania, on July 10-12, 2012. The event will be hel...

Digital Information Communications Conferences

started by sdiwc conferences on 17 May 12 no follow-up yet
Pedro Gonçalves

BBC News - China slows rise in military spending - 0 views

news.bbc.co.uk/...8548803.stm

China Military

shared by Pedro Gonçalves on 04 Mar 10 - Cached
  • China has said its military spending will increase by 7.5% in 2010, ending a long run of double-digit growth.It will spend 532.1bn yuan ($77.9bn:£51.7bn) over the year, the spokesman of the country's annual parliamentary session announced.
  • According to Chinese figures, this is the first time in more than 20 years that the military budget increase has dipped below 10%.
  • The spending spree began in the late 1980s, when China embarked on an ambitious programme to upgrade its armed forces. Since then it has bought and produced its own high-tech weapons, and reduced the number of personnel in an attempt to have fewer, but better trained, troops. Salaries and other benefits for officers and ordinary soldiers have also been improved.
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  • Previous large spending increases could explain the smaller increase this year. "China has achieved its targets in the past by providing continuous double-digit budget increases," said Andrew Yang, an expert on China's military who is now Taiwan's deputy defence minister.
  • Many experts believe the actual amount spent by China on its armed forces is far higher than the published amount.
  • In a recently published book, called The China Dream, a senior officer in China's People's Liberation Army said the country should aim to build a major military force that could challenge the US this century. Other officers attending the Chinese People's Political Consultative Conference (CPPCC), an advisory body that holds a meeting at the same time as the parliamentary session, rejected that idea.
Pedro Gonçalves

BBC News - End of empire for Western universities? - 0 views

www.bbc.co.uk/...business-18646423

Education EU India China US Society OECD

shared by Pedro Gonçalves on 11 Jul 12 - No Cached
  • The forecasts for the shape of the "global talent pool" in 2020 show China as rapidly expanding its graduate numbers - set to account for 29% of the world's graduates aged between 25 and 34.
  • The biggest faller is going to be the United States - down to 11% - and for the first time pushed into third place, behind India.
  • The US and the countries of the European Union combined are expected to account for little more than a quarter of young graduates.
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  • Across the industrialised world, graduate numbers are increasing - just not as quickly as China, where they have risen fivefold in a decade.
  • This changing world map will see Brazil having a bigger share of graduates than Germany, Turkey more than Spain, Indonesia three times more than France.
  • The UK is bucking the trend, projected to increase its share from 3% in 2010 to 4% in 2020.
  • "There are more students in China than ever before - but they still use Western mechanisms to publish results, they accept the filters," says Prof Mayer-Schonberger.
  • The maps also reveal how much Africa and South America are losing out in this new scramble for digital power.
  • "Each era has its own distinct geography. In the information age, it's not dependent on roads or waterways, but on bases of knowledge. "This is a new kind of industrial map. Instead of coal and steel it will be about universities and innovation."
Pedro Gonçalves

BBC News - E-diplomacy: Foreign policy in 140 characters - 0 views

www.bbc.co.uk/...magazine-18856295

Social Media Twitter E-diplomacy

shared by Pedro Gonçalves on 31 Jul 12 - No Cached
  • The acknowledged leader in this field is the US State Department, which now boasts more than 150 full-time social media employees working across 25 different offices. It uses familiar sites like YouTube, Facebook and Twitter, as well as local equivalents, such as VKontakte in Russia. Ambassadors and other State Department employees are encouraged to establish an online presence.
  • "The State Department is really creating what is effectively a media empire that could soon be the digital equivalent of old school international broadcasters like the BBC," he says. "But they not only see it as part of a broadcasting strategy, they are looking at the wider potential." Social media acts like an early warning system of emerging social and political movements, he says. It is also a way of reaching online opinion formers, and a means of correcting misinformation very quickly.
  • The State Department now has an internal version of Wikipedia called Diplopedia, which has more than 14,000 entries. To encourage internal networking, there is also an equivalent of Facebook called Corridor - in the look and feel, the two are strikingly similar - which has over 6,500 members.
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  • e-diplomacy is the talk of foreign ministries the world over, as foreign affairs is increasingly conducted in 140 characters or less.
Pedro Gonçalves

NSA shares raw intelligence including Americans' data with Israel | World news | The Guardian - 0 views

www.theguardian.com/...personal-data-israel-documents

NSA US Israel Spying Intelligence ISNU

shared by Pedro Gonçalves on 12 Sep 13 - No Cached
  • The National Security Agency routinely shares raw intelligence data with Israel without first sifting it to remove information about US citizens, a top-secret document provided to the Guardian by whistleblower Edward Snowden reveals.
  • the US government handed over intercepted communications likely to contain phone calls and emails of American citizens. The agreement places no legally binding limits on the use of the data by the Israelis.
  • The deal was reached in principle in March 2009, according to the undated memorandum, which lays out the ground rules for the intelligence sharing.The five-page memorandum, termed an agreement between the US and Israeli intelligence agencies "pertaining to the protection of US persons", repeatedly stresses the constitutional rights of Americans to privacy and the need for Israeli intelligence staff to respect these rights.But this is undermined by the disclosure that Israel is allowed to receive "raw Sigint" – signal intelligence. The memorandum says: "Raw Sigint includes, but is not limited to, unevaluated and unminimized transcripts, gists, facsimiles, telex, voice and Digital Network Intelligence metadata and content."According to the agreement, the intelligence being shared would not be filtered in advance by NSA analysts to remove US communications. "NSA routinely sends ISNU [the Israeli Sigint National Unit] minimized and unminimized raw collection"
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  • a much stricter rule was set for US government communications found in the raw intelligence. The Israelis were required to "destroy upon recognition" any communication "that is either to or from an official of the US government". Such communications included those of "officials of the executive branch (including the White House, cabinet departments, and independent agencies), the US House of Representatives and Senate (member and staff) and the US federal court system (including, but not limited to, the supreme court)".
  • Although Israel is one of America's closest allies, it is not one of the inner core of countries involved in surveillance sharing with the US - Britain, Australia, Canada and New Zealand. This group is collectively known as Five Eyes.
  • In the top-secret 2013 intelligence community budget request, details of which were disclosed by the Washington Post, Israel is identified alongside Iran and China as a target for US cyberattacks.
  • another report, marked top secret and dated September 2007, states that the relationship, while central to US strategy, has become overwhelmingly one-sided in favor of Israel.
  • In another top-secret document seen by the Guardian, dated 2008, a senior NSA official points out that Israel aggressively spies on the US. "On the one hand, the Israelis are extraordinarily good Sigint partners for us, but on the other, they target us to learn our positions on Middle East problems," the official says. "A NIE [National Intelligence Estimate] ranked them as the third most aggressive intelligence service against the US."
Pedro Gonçalves

Afghanistan's Mineral Riches are China's Gain - by Aziz Huq | Foreign Policy - 0 views

www.foreignpolicy.com/...chinese_takeout

China Afghanistan Pakistan US

shared by Pedro Gonçalves on 16 Jun 10 - Cached
  • The real winner from new natural-resource wealth beyond the Khyber Pass will be China
  • Chinese foreign investment and aid has accelerated dramatically over the past decade, especially in Africa. In November 2009 alone, for example, China's largesse amounted to $10 billion in low-interest loans and $1 billion in commercial loans to the continent. With Beijing as cheerleader, trade has soared from $1 billion in 1992 to $106.8 billion in 2008.
  • The DRC provides the best cautionary parallel to Afghanistan: The discovery in the late 1990s of copper, coltan, and other minerals in eastern Congo gave new life to a civil war that has now claimed upwards of 4 million lives. Flagging combatants were funded by mineral extraction, and much of those resources eventually flowed to China.
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  • The fact that violence is still simmering in eastern Congo -- and despite the costs that extraction imposes on the Congolese people -- has not been enough to deter Beijing from wooing Congo's government for access to the country's abundant resources. So, if there's any thought that war in Afghanistan might dissuade Chinese investment there, it's best to dispense with that notion immediately.
  • China, which has a narrow land border with Afghanistan, already invests heavily in the war-torn Central Asian state. The state-owned China Metallurgical Group has a $3.5 billion copper mining venture in Logar province. Chinese companies ZTE and Huawei are building digital telephone switches, providing roughly 200,000 subscriber lines in Afghanistan. Even back in the war's early days in 2002 and 2003, when I worked in Afghanistan, the Chinese presence was acutely visible in Kabul, with Chinese laborers on many building sites and Chinese-run restaurants and guesthouses popping up all over the city. As Robert Kaplan has pointed out, these investments come with a gratuitous hidden subsidy from the United States -- which has defrayed the enormous costs of providing security amid war and looting.
  • With its massive wealth, appetite for risk, and willingness to underbid others on labor costs and human rights conditionality, China is the odds-on favorite for development of any new Afghan mineral resources. Chinese firms will control the flow of new funds, and the way those funds are distributed between the central and local governments. It's all well and good that Barack Obama's administration has recommitted to building civil projects in rural Afghanistan, but consider the relative scale of building a school to establishing a multimillion-dollar mine (not to mention the transport networks and infrastructure required to get the extracted minerals out) and it's easy to see what kind of influence the Chinese will bring to the table.
  • Although many have warned of a new Sino-colonialism, Brautigam's work suggests that perhaps China's awareness of its gargantuan and growing need for foreign export markets will make it a better "colonial" power than any European country ever was.
  • Stability in Pakistan should be an important goal for China. It is by now clear that the Taliban's campaign west of the Durand Line is inextricable from the destabilizing efforts of Islamist militants in Pakistan. If China does not want another nuclear basket case on its border, then it should care deeply about instability in Afghanistan. Currently, however, Beijing is still freeloading, relying on Washington to provide security for its limited interests. Perhaps the tantalizing prospect of $1 trillion in minerals might be enough to change the strategic equation.
Argos Media

BBC NEWS | Business | Chinese prices record rare fall - 0 views

news.bbc.co.uk/...7934142.stm

China Economy

shared by Argos Media on 10 Mar 09 - Cached
  • Chinese consumer prices showed an annual fall in February for the first time since 2002, figures have shown. The consumer price index fell 1.6% from a year earlier, dragged down by falls in food prices but officials downplayed the threat of a deflationary spiral.
  • China's inflation rate hit a 12-year high of 8.7% in February 2008 because of shortages of grain and pork. Officials said this high base for comparison partly explained February's fall. In the first two months of 2009, prices were down just 0.3% from a year earlier. In the final three months of last year, China's economy expanded by 6.8% from a year earlier - below the 8% that officials view as the level needed to keep unemployment in check and avoid social unrest. Overall growth in 2008 stood at 9% - the first time since 2002 that the economy has expanded at a single-digit pace.
Argos Media

Web News Guru Jeff Jarvis on Death of Papers: 'This Year Will Bring a True Sea Change' - SPIEGEL ONLINE - News - International - 0 views

www.spiegel.de/...0,1518,623013,00.html

Journalism Journalism 2.0 Newspapers Media Jeff Jarvis

shared by Argos Media on 06 May 09 - Cached
  • The online generation thinks: If the news is that important, it will find me. My son who has never subscribed to a print newspaper, gets his news from Facebook, Twitter or from friends. He no longer treats traditional media as a magnet. People now get their messages by relying on other people they trust.
  • SPIEGEL ONLINE: So what role, in your opinion, can newspapers still play?
  • arvis: They certainly no longer want to be in the paper business because that is dying out. The information business might be fine but there is no scarcity of information and news online. They could, however, be very effective in the collection business -- just find the best of the stuff that is out there online. They could also use their strong brands to compete in the business of elegant organization by creating information platforms or venturing into new markets. The New York Times has just started a new local program in New York enlisting my journalism students to collaborate online with them to report on their communities. That is the right approach. News outlets need to think distributed, they must collaborate with bloggers or social networking sites. On my blog, I have links to Google News or Google Maps. Innovative newspapers like the Guardian in Britain are equally open to cooperation. They make all their content available free online, they link to all sorts of sites, and in turn they receive more links in return.
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  • tremendous efficiencies can be found in the online revolution. Publishers no longer have to pay for expensive presses or trucks. They can operate with a much smaller staff. Start ups can create news and entertain communities at a much smaller cost by forming the kind of networks I described. There are many other new options: A hyperlocal journalism approach, for instance. Or platforms with a whole of networks consisting of bloggers, next to foundations, next to publicly supported reporting, next to volunteers. But we will also investigate whether a paid content model can still work in the digital age.
  • Jarvis: There is simply no scarcity of news online, so it is hard to return to old monopolies from the print era. In discussions, I often hear from media executives that readers should pay for content online. We need to get past such emotional debates. It is not about what should be done, it is about simple economics. When the New York Times stopped charging for content online, visits to its site increased by 40 percent. You will never get the ad rates you got in the past for print for those links. But media outlets can use them to generate other income. In Germany, Axel Springer is making a lot of money from merchandising online. BILD.de just sold 21,000 video cameras to readers who are then using them to take pictures that they send to the newsrooms. Also, news organizations could target smaller advertisers more aggressively for online ads.
  • SPIEGEL ONLINE: Some are calling for government subsidies for print outlets. Others suggest a fee for computer and mobile phone sales because without free media offerings, these devices would be a lot less attractive to consumers. Jarvis: To me, such proposals seem like waiting for the new knight to bail out the industry. Get over it. It won't happen. Media outlets need to face the new economic competition. The same is true for the possibility of government intervention. How should a government decide what outlet deserves support and what does not? The idea is absurd.
  • Jarvis: I like print, but the economics don't add up. I believe this year will bring a true sea change: The one size fits all approach is coming to an end. More and more papers will either close or go solely online. Legendary investor Warren Buffett just said: I would never invest in newspapers. That is coming from a man who sits on the board of the Washington Post. Why should anyone throw money after a dying business model?
Pedro Gonçalves

BBC NEWS | Americas | US launches cyber security plan - 0 views

news.bbc.co.uk/...8073654.stm

US Cyber Security Cyber Warfare Pentagon

shared by Pedro Gonçalves on 30 May 09 - Cached
  • US President Barack Obama has announced plans for securing American computer networks against cyber attacks.He said that from now on, America's digital infrastructure would be treated as a strategic national asset. He announced the creation of a cyber security office in the White House, and said he would personally appoint a "cyber tsar".
  • Acts of terror today, he said, could come "not only from a few extremists in suicide vests, but from a few key strokes of a computer - a weapon of mass disruption."
  • In 2007 alone the Pentagon reported nearly 44,000 incidents of what it called malicious cyber activity carried out by foreign militaries, intelligence agencies and individual hackers.
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  • In the past, no one US department was responsible for cyber-security, resulting in poor communication and co-ordination, he said. The new cyber-security office will be a multi-billion dollar effort designed to restrict access to government computers and to protect systems - such as those that run the stock exchange and air traffic control - that keep the country going.
  • The Obama administration is also expected to create a new cyber command at the Pentagon with the dual task of eradicating potential vulnerabilities in America's sensitive computer networks, while simultaneously creating ways to exploit them in the systems of potential enemies. An influential study published last year suggested that having an offensive computer warfare capability would have a deterrent effect against would-be attackers.
Pedro Gonçalves

Tehran tense as Iran's supreme leader endorses vote outcome - CNN.com - 0 views

edition.cnn.com/...index.html

Iran Mir Hossein Mousavi Mahmoud Ahmadinejad Mehdi Karroubi

shared by Pedro Gonçalves on 15 Jun 09 - Cached
  • Iran's supreme leader gave his blessing to the outcome of the country's presidential election Sunday despite widespread allegations of fraud, calling the results "a divine miracle," the official Islamic Republic News Agency reported.
  • In a letter published on Moussavi's Web site, the candidate said he has asked the election authority -- Iran's Guardian Council -- to nullify Friday's results. There were conflicting reports on whether Moussavi had been placed under house arrest, but in a statement Iranian police said that the candidate was not under arrest.
  • Another opposition candidate said he has asked Iran's Guardian Council -- a body of top clerics and judges that supervises elections -- to investigate. Former parliament speaker Mehdi Karrubi, who finished in third place with a single-digit percentage of the vote in the official results, asked supporters "to find solutions through legal and civic institutions," according to his political movement's newspaper.
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  • Hundreds of regular and riot police were on the streets as civil unrest continued for the second straight day. But it was non-uniformed activists, on foot and on motorcycles, who appeared to be behind the most violent incidents.
  • CNN reporters in Tehran witnessed men, dressed in plain clothes, combing through streets and alleys for anti-Ahmadinejad protesters. Armed with clubs, metal batons and baseball bats, they chased protesters, in some cases beating them.
Argos Media

Computer Spies Breach Fighter-Jet Project - WSJ.com - 0 views

online.wsj.com/...SB124027491029837401.html

US Cyber Attacks Cyber Security F-35 Joint Strike Fighter Pentagon Lockheed Martin BAE Systems Northrop Grumman China Joel Brenner

shared by Argos Media on 22 Apr 09 - Cached
  • Computer spies have broken into the Pentagon's $300 billion Joint Strike Fighter project -- the Defense Department's costliest weapons program ever -- according to current and former government officials familiar with the attacks.
  • Similar incidents have also breached the Air Force's air-traffic-control system in recent months, these people say. In the case of the fighter-jet program, the intruders were able to copy and siphon off several terabytes of data related to design and electronics systems, officials say, potentially making it easier to defend against the craft.
  • The latest intrusions provide new evidence that a battle is heating up between the U.S. and potential adversaries over the data networks that tie the world together. The revelations follow a recent Wall Street Journal report that computers used to control the U.S. electrical-distribution system, as well as other infrastructure, have also been infiltrated by spies abroad.
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  • Attacks like these -- or U.S. awareness of them -- appear to have escalated in the past six months, said one former official briefed on the matter.
  • while the spies were able to download sizable amounts of data related to the jet-fighter, they weren't able to access the most sensitive material, which is stored on computers not connected to the Internet.
  • Former U.S. officials say the attacks appear to have originated in China. However it can be extremely difficult to determine the true origin because it is easy to mask identities online.
  • A Pentagon report issued last month said that the Chinese military has made "steady progress" in developing online-warfare techniques. China hopes its computer skills can help it compensate for an underdeveloped military, the report said.
  • The Chinese Embassy said in a statement that China "opposes and forbids all forms of cyber crimes." It called the Pentagon's report "a product of the Cold War mentality" and said the allegations of cyber espionage are "intentionally fabricated to fan up China threat sensations."
  • The U.S. has no single government or military office responsible for cyber security. The Obama administration is likely to soon propose creating a senior White House computer-security post to coordinate policy and a new military command that would take the lead in protecting key computer networks from intrusions, according to senior officials.
  • The Bush administration planned to spend about $17 billion over several years on a new online-security initiative and the Obama administration has indicated it could expand on that.
  • The Joint Strike Fighter, also known as the F-35 Lightning II, is the costliest and most technically challenging weapons program the Pentagon has ever attempted. The plane, led by Lockheed Martin Corp.
  • Six current and former officials familiar with the matter confirmed that the fighter program had been repeatedly broken into. The Air Force has launched an investigation.
  • Foreign allies are helping develop the aircraft, which opens up other avenues of attack for spies online. At least one breach appears to have occurred in Turkey and another country that is a U.S. ally, according to people familiar with the matter.
  • Joint Strike Fighter test aircraft are already flying, and money to build the jet is included in the Pentagon's budget for this year and next.
  • Computer systems involved with the program appear to have been infiltrated at least as far back as 2007, according to people familiar with the matter. Evidence of penetrations continued to be discovered at least into 2008. The intruders appear to have been interested in data about the design of the plane, its performance statistics and its electronic systems, former officials said.
  • The intruders compromised the system responsible for diagnosing a plane's maintenance problems during flight, according to officials familiar with the matter. However, the plane's most vital systems -- such as flight controls and sensors -- are physically isolated from the publicly accessible Internet, they said.
  • The intruders entered through vulnerabilities in the networks of two or three contractors helping to build the high-tech fighter jet, according to people who have been briefed on the matter. Lockheed Martin is the lead contractor on the program, and Northrop Grumman Corp. and BAE Systems PLC also play major roles in its development.
  • The spies inserted technology that encrypts the data as it's being stolen; as a result, investigators can't tell exactly what data has been taken. A former Pentagon official said the military carried out a thorough cleanup.
  • Investigators traced the penetrations back with a "high level of certainty" to known Chinese Internet protocol, or IP, addresses and digital fingerprints that had been used for attacks in the past, said a person briefed on the matter.
  • As for the intrusion into the Air Force's air-traffic control systems, three current and former officials familiar with the incident said it occurred in recent months. It alarmed U.S. national security officials, particularly at the National Security Agency, because the access the spies gained could have allowed them to interfere with the system, said one former official. The danger is that intruders might find weaknesses that could be exploited to confuse or damage U.S. military craft.
  • In his speech in Austin, Mr. Brenner, the U.S. counterintelligence chief, issued a veiled warning about threats to air traffic in the context of Chinese infiltration of U.S. networks. He spoke of his concerns about the vulnerability of U.S. air traffic control systems to cyber infiltration, adding "our networks are being mapped." He went on to warn of a potential situation where "a fighter pilot can't trust his radar."
Argos Media

Foreign Policy: Ukraine's Dangerous Game - 0 views

www.foreignpolicy.com/...cms.php

Ukraine Yulia Tymoshenko EU NATO

shared by Argos Media on 12 Apr 09 - Cached
  • "I try to defend our interests so that we can find a balance in our relations both with the EU and Russia," Tymoshenko explains, meaning she wants her country to get into the EU without giving the impression of antagonizing Russia.
  • Could the same strategy apply to Ukraine's relations with NATO? Here the prime minister sighs for a split second: "There, it's more complex." It's not so much that she is frightened by Georgia's experience, something she never mentions though it's clearly on her mind. While recognizing it would be "uncomfortable" for Ukraine to remain "in a void, outside all existing security systems," she still sees several "political barriers" between Kiev and NATO.
  • The first problem she sees is that barely 25 percent of Ukrainians favor joining NATO. "Even the president accepts we need to hold a referendum on this," she acknowledges.
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  • The second "problem" is rather a carefully managed swipe at those Europeans cozying up a bit too much to Russia -- especially Germany and Italy, one suspects. In Tymoshenko's own words, "There is no unanimity in the EU on Ukraine's joining NATO as we have not yet witnessed a favorable attitude in every country."
  • At the moment, Tymoshenko narrowly trails Yanukovych in opinion polls but remains far more popular than Yushchenko, whose support has fallen to the single digits. Nonetheless, she remains a controversial figure. In an identity-obsessed Ukraine that declared independence six times over the last 90 years, even her family origins fuel much debate. She grew up speaking Russian and perfected her Ukrainian only after she moved to politics in her 30s. Through a spokeswoman, she also "doesn't comment" on rumors that part of her family comes from Armenia. It's hard to imagine her receiving the kind of voter acceptance enjoyed by Barack Obama and Nicolas Sarkozy with their foreign-born fathers.
Argos Media

BBC NEWS | Business | Weak exports hit China's growth - 0 views

news.bbc.co.uk/...8001315.stm

China Economy

shared by Argos Media on 16 Apr 09 - Cached
  • Annual growth in China's gross domestic product (GDP) slowed in the first quarter of 2009 to 6.1%, the National Bureau of Statistics has announced. This is the weakest growth since quarterly records began in 1992, but some analysts see signs of a recovery.
  • Growth was 6.8% in the last quarter of 2008, but the first quarter GDP figure dropped as exports fell 17% in March. China's government has said it is determined to achieve annual growth of 8%, and to expand its domestic demand.
  • There has been a recognition among Chinese state officials that too sharp an economic slowdown could lead to growing unemployment and may fuel social unrest.
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  • Announcing the GDP figure, the National Bureau of Statistics (NBS) said that export demand had dropped sharply, cutting into company profits, reducing government revenues and raising unemployment.
  • China experienced double-digit growth from 2003 to 2007, and recorded 9% growth in 2008. Analysts said the first-quarter drop in growth was in line with expectations.
  • But other data offered by the government suggested a tentative recovery may already be under way. "Government figures suggest China's economic performance will continue to improve during the remaining months of this year," said the BBC's Michael Bristow in Beijing.
  • Industrial output expanded 5.1% in the first quarter. It was up 8.3% year-on-year in March, against 3.8% in January and February. Fixed asset investment on items such as new factories and equipment was up 28.6% in March from 26.5% in February. Spending on property development grew by 4.1% in the first quarter, and retail sales remained strong with a 14.7% growth during March.
  • "Most of the indicators are better than earlier market expectations, although the annual GDP growth in the first quarter is a historical low," said Xing Zhqiang, analyst at China International Capital Corporation in Beijing.
  • "We expect that the most difficult time for China's economy has passed, as the surge in investment has partly offset the negative impact from declining exports."
  • China has started to implement a 4 trillion yuan ($585bn, £390bn) stimulus package to counter the impact of the global slowdown, and this package has been seen as helping to spur lending in the first three months of the year.
  • "The overall national economy showed positive changes, with better performance than expected," the NBS said. It said that urban per-capita incomes were up 11.2% from a year earlier in real terms and that rural per-capita incomes were up 8.6%. The consumer price index (CPI), China's main gauge of inflation, fell 0.6% in the first quarter of 2009 from a year earlier, according to the bureau.
Argos Media

BBC NEWS | Business | China seeing 'gradual recovery' - 0 views

news.bbc.co.uk/...7995672.stm

China Economy

shared by Argos Media on 13 Apr 09 - Cached
  • China's economy is showing some signs of recovery from the global financial crisis, the country's Prime Minister Wen Jiabao has said.
  • China has already implemented a 4tn yuan ($585bn;£399bn) stimulus package to boost economic activity. Mr Wen also said he would spend more if necessary to boost the economy.
  • Despite its problems, China's economy - the third biggest in the world - is forecast to grow by at least 5% this year, in stark contrast to many major global economies that are shrinking.
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  • Earlier this month, figures showed that China's manufacturing sector grew in March for the first time in six months. The purchasing managers index from the state-sanctioned China Federation of Logistics and Purchasing rose to 52.4 from February's figure of 49. Any figure above 50 indicates an expansion in the manufacturing sector.
  • Manufacturing accounts for about 40% of China's economy and has been hit hard by falling demand for its goods in recession-hit western economies. In fact, Chinese exports plunged by more than a quarter in February from a year ago. Exports dropped by 25.7% to $64.9bn (£47.3bn) compared with the same month a year earlier.
  • In the final three months of last year, China's economy expanded by 6.8% from a year earlier - below the 8% that officials view as the level needed to keep unemployment in check and avoid social unrest. Overall growth in 2008 stood at 9% - the first time since 2002 that the economy has expanded at a single-digit pace.
  • Mr Wen has announced a target of 8% growth for China's economy in 2009, but many analysts believe the figure will be closer to 5%. In fact, his comments on positive signs of recovery do not chime with the views of some analysts, who believe China will continue to struggle during the global economic slowdown.
Argos Media

BBC NEWS | Middle East | Papers alter Israel cabinet photo - 0 views

news.bbc.co.uk/...7982146.stm

Israel Ultra-orthodox Media

shared by Argos Media on 04 Apr 09 - Cached
  • Two ultra-Orthodox Jewish newspapers have altered a photo of Israel's new cabinet, removing two female ministers.
  • Limor Livnat and Sofa Landver were grouped with the rest of the 30-member cabinet for their inaugural photo. But Yated Neeman newspaper digitally changed the picture by replacing them with two men. The Shaa Tova newspaper blacked the women out.
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