Monday, January 11, 2010
China's exports rise as economy picks up - CNN.com
CNN reports: "Following strong export figures last month from South Korea and Taiwan, China said on Sunday that its exports climbed 17.7 percent, well ahead of the modest increase that economists had predicted. These numbers put China on track to overtake Germany as the world's largest exporter."
My Way News - China says missile defense system test successful
My Way News reports: "China's military successfully tested a system for intercepting missiles in mid-flight on Monday, state media reported. [...] China's military is in the middle of a major technology upgrade, spurred on by double digit annual percentage increases in defense spending. Missile technology is considered one of the military's particular strengths, allowing it to narrow the gap with the U.S. and other armed forces."
Comment: China's ascent to superpower status continued today with two fresh reports out about China's economic and military power.
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Kings of the East
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