Articles by Elaine Kurtenbach

PetroChina Surpasses $1 Trillion Mark

  • 06 November 07
  • The Associated Press
China's biggest oil and gas company, PetroChina, surged past ExxonMobil on Monday to become the world's first company worth more than $1 trillion, though most of the company remains in government hands.

Crash in Germany Does Not Stop Chinese Trains

  • 26 September 06
  • The Associated Press
Shanghai's high-speed magnetic train has safety systems that would prevent the type of crash that occurred Friday in Germany, a Chinese expert said Monday, noting that the city still planned to expand its maglev rail line.

Treaty Hopes Bleak as WTO Convenes

  • 13 December 05
  • The Associated Press
Trade negotiators gathered for World Trade Organization talks in Hong Kong conceded Monday that prospects for progress toward a global free trade treaty were bleak, with rich countries and the developing world still at an impasse over agriculture.

Yuan Sets High Against Dollar

  • 30 November 05
  • The Associated Press
The yuan rises to a record high against the dollar a day after the United States opts not to accuse China of manipulating the currency.

Chinese Banks Losing $200M to Corruption

  • 25 October 05
  • The Associated Press
China's state-run banks discovered 240 corruption cases involving a total of 1.6 billion yuan ($198 million) in funds in the first half of this year, amid stepped-up efforts to police the industry, regulators said.

China Stands Firm in Trade Disputes

  • 19 May 05
  • The Associated Press
China rejected U.S. pressure for quick action toward revaluing its currency on Wednesday and criticized U.S. and European curbs on surging textile imports as unfair.

Pets Lick Up Chinese Boom

  • 31 August 04
  • The Associated Press
For the schnauzer that has everything, how about a sequin-studded raincoat? Would your Pekinese like some ""chicken chip cookies""? Or earrings for your poodle?

Beijing Orders Up Faster Trains

  • 31 August 04
  • The Associated Press
China's Railway Ministry has awarded contracts for upgrading key railway lines to six firms, including Kawasaki Heavy Industries Ltd. of Japan, Alstom SA of France and Bombadier Inc. of Canada, state media reported Monday.

Pirate Clinton Memoirs Surface in China

  • 03 August 04
  • The Associated Press
The first hint that the Chinese version of Bill Clinton's memoir might not be quite right is that for most of the book, he's not even telling the story.

Beijing Puts Senior Banker to Death

  • 13 July 04
  • The Associated Press
A senior banker has been executed and at least eight bank executives arrested amid a slew of reports of loan fraud and other abuses at China's state-run banks, official media reported Monday.

Poor Nations Want War on Poverty

  • 27 May 04
  • The Associated Press
Calling hunger the biggest threat to world peace, African and Latin American leaders at a World Bank conference Wednesday said rich countries can do more to ensure security by fighting poverty than by launching wars.

China Reveals Plan for Its 161 Million Unemployed

  • 27 April 04
  • The Associated Press
China outlined plans Monday to provide for its 161 million unemployed workers and surplus laborers, promising to keep the jobless rate at 4.7 percent or below despite a rapidly expanding labor force.

Chinese Discover New Oil Deposits

  • 07 April 04
  • The Associated Press
The government has announced discoveries of new oil deposits that it says will help reduce China's increasing dependence on imports, amid growing worries over the country's energy security.

China Gets High-Tech in Piracy Fight

  • 11 February 04
  • The Associated Press
Is it a cheap fake, or the real thing? Since buyers here can't always tell, authorities are planning new, high-tech identification seals for legal copies of audio and video products in China's latest effort to combat rampant piracy of movies and music, the Culture Ministry said Tuesday.

Hu Rebuffs U.S. on Yuan, Trade

  • 21 October 03
  • The Associated Press
China's rapid ascendance as a major trading nation is benefiting the world, Chinese President Hu Jintao said Sunday, shrugging off accusations that its currency controls and other policies give it an unfair advantage in global markets.

President Makes Pitch to Pacific Rim Investors

  • 20 October 03
  • The Associated Press
President Vladimir Putin hopes to boost his country's lackluster trade with Pacific Rim economies and bolster arms sales in the region -- and he made a pitch Sunday for investors to help develop its oil and gas fields.

China's Three Gorges Dam Begins Work

  • 02 June 03
  • The Associated Press
China began filling the reservoir behind its gargantuan Three Gorges dam on Sunday in a major step toward completion of the world's largest hydroelectric project.

Hong Kong Firms Fight Subversion Law

  • 25 December 02
  • The Associated Press
When businessmen in this bastion of laissez-faire capitalism talk politics, they rarely find themselves siding with pro-democracy activists.

Yeltsin, Jiang Agree On Taiwan, Chechnya

Celebration Stresses Military Might

China Bans Foreign Cash in Telecoms

Beijing Lets State Firms Trade Shares

China Heads Meet to Discuss Political Future

U.S. Diplomat Meets China's Leaders

Chinese Bank On Successful Transition

Solemn Thousands Remember Deng

aSuccessor Vows to Keep Deng's Policies

Chinese Wake Up To Life After Deng

For Some, Chinese Promise Turns to Nightmare

U.S., China Sign Pact To Accelerate Trade