China Moves to Stem Fears as Energy Needs Grow
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BEIJING, Dec. 26 -- China pledged Wednesday that its worldwide search for oil and gas to power a booming economy will be carried out in a spirit of fair play and international cooperation so as not to disrupt sensitive international markets.
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China is stepping up controls on dental care products, state media reported yesterday amid international alarm over Chinese toothpaste producers' use of a potentially toxic chemical found in antifreeze.
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Larger supplies, more energy alternatives, and a slowing economy could be factors.
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China's first plan for climate change will seek to fortify the country against damage from global warming but also against international pressure to cut greenhouse gas pollution that Beijing calls the cost of growth.
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China needs to invest $120 billion in the next five years to generate enough electricity to meet its huge demand for power and reduce crippling power shortages, state media said on Monday.
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China went on the global warming offensive on Monday, unveiling a national climate change plan while stressing it will not sacrifice economic ambitions to international demands to cut greenhouse gas pollution.
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China will spend about $3.4 billion over two to three years laying thousands of miles of oil pipelines to help secure its energy supply in the face of soaring prices and demand.
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China needs to invest $120bn (Â£67bn) over the next five years to increase electricity supplies to meet demand, a leading Chinese official has said.
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China wants to start direct negotiations with OPEC to secure a stable oil supply and an equitable share of the oil market, a top official said here Monday, in comments that underline the Chinese economy's rapidly growing energy needs.
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China will do more to save energy and cut pollution in 2007 while striving to keep its economy humming following four straight years of double-digit growth, Premier Wen Jiabao will say on Monday.
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Explosive growth has made the People&#39;s Republic of China the most power-hungry nation on earth. Get ready for the mass-produced, meltdown-proof future of nuclear energy.
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China's top climate official said on Tuesday that Beijing is determined to curb the use of fossil fuels behind global warming, but deflected questions of whether the big emitter will accept caps on greenhouse gases.
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The Chinese government is trying to address an electricity shortage that has led to rationing in more than a third of the countryâs provinces in recent weeks.
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China seeks to allay American fears over the participation of a communist-run state, insisting that it wants to be a partner that helps promote the peaceful use of space.
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China's plan to cut coal use has brought electricity to nomads and hopes for cleaner air by 2020.
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China says its eastern provinces and Shanghai face more power shortages this winter and spring.
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China promised on Monday to integrate climate change policy into its industrial and energy sectors, but said it would not cave in to international pressure over global warming by sacrificing economic growth.