Russia and China plan war games: Russia and China—former Cold War foes—will hold an unprecedented military exercise in the second half of 2005.
China's Jiang Zemin to Resign: China's former President Jiang Zemin will step down from his last remaining government post in March. Jiang, who holds the largely symbolic title of chairman of the Central Military Commission of the People's Republic of China, has asked for permission to resign at the next meeting of the nation's legislature. [NYT, free reg. req.]
Down and Almost Out in Mongolia: The death knell for Mongolia's garment industry will ring on Jan. 1, when a decades-old global quota system is to end, freeing American and European fashion companies and retailers, in the long run, to buy as many clothes as they want from the lowest-cost producers, notably China, India and Pakistan. [NYT, free reg. req.]
No comments:
Post a Comment