HONG KONG — As China grapples with the problem of producing enough electricity to meet the needs of its staggering economic growth, a pollution crisis is beginning to plume over Hong Kong. Power generation in China’s southern province of Guangdong has failed to keep pace with rapid economic development — forcing it to turn to Hong Kong for electricity. As a result, China Light and Power (CLP), Asia’s largest private power utility and the biggest polluter in Hong Kong, is attracting local political criticism for selling an increasing amount of excess electricity to mainland China for profit. In 2006, electricity [...]
From May 16-17, Shanghai hosted an annual meeting of the Board of Governors of the African Development Bank (AfDB). The Bank’s decision to meet in Asia for the first time in its history testifies to China’s growing hold over the African continent. During the past decade, China’s political, economic, and military presence on the continent has surged. Notwithstanding Africa’s declining share in world commerce, trade between Africa and China rose approximately 30 percent during each of the past five years. It now exceeds $50 billion annually, making China Africa’s third-largest trading partner. Sub-Saharan Africa currently supplies about 30 percent of [...]
“St. Lucia is a sovereign state; an independent nation; we’re a democratic country, therefore what is the fuss all about? China or Taiwan, which one should it be? Which one should we tie? We must tie-one. I say we must tie-one.” — Edmund Estaphane, St. Lucian MP, speaking to parliament, April 30 SHENZHEN, China — Two different tussles took place in the Caribbean in the months of March and April; both involved the island-nation of St. Lucia to some degree, and both had such an air of inevitability that the final result elicited few gasps of surprise. One was the [...]
