China does not want war.
China turns its trillions towards NZ (click here)
4:00 AM Saturday Apr 24, 2010
By Owen Hembry
As China turns its trillions towards New Zealand's food production-based economy, Owen Hembry writes that fears of a foreign takeover may be misplaced
Growing Chinese investment in New Zealand is fuelling fears of foreign takeover.
With the Asian superpower's currency expected to rise in value, its buying power will increase.
China already has trillions of dollars to invest overseas, and New Zealand's food production-based economy is an attractive target.
With a free trade agreement in place, links are strengthening....
The communist state also declared that highly symbolic cross-border tours to the scenic Mount Kumgang resort had been halted for good.
It said it was seizing the five buildings at the resort, while freezing "all the remaining real estates" at the resort and expelling all their management personnel.
The move comes after a report in the Yonhap news agency from Seoul said that South Korea's military suspected that North Korean submarines had attacked and sunk the warship Cheonan with a heavy torpedo on March 26 this year. AFP
http://www.todayonline.com/World/Worldinbrief/EDC100424-0000065/N-Korea-seizes-S-Korean-assets
N.Korean Defectors 'Disappearing in China'(click here)
April 24, 2010North Korea has apparently intensified a crackdown to stem an increasing exodus of its people by picking up defectors who work along the border to help others escape. Experts say that the North seems to have started the crackdown around November last year....N Korea seizes S Korean assets (See link below.)
05:55 AM Apr 24, 2010
North Korea seized South Korean-owned assets at a mountain resort on Friday, warning that the two countries were on the brink of war over the sinking of a South Korean warship which killed 46 sailors.The communist state also declared that highly symbolic cross-border tours to the scenic Mount Kumgang resort had been halted for good.
It said it was seizing the five buildings at the resort, while freezing "all the remaining real estates" at the resort and expelling all their management personnel.
The move comes after a report in the Yonhap news agency from Seoul said that South Korea's military suspected that North Korean submarines had attacked and sunk the warship Cheonan with a heavy torpedo on March 26 this year. AFP
http://www.todayonline.com/World/Worldinbrief/EDC100424-0000065/N-Korea-seizes-S-Korean-assets
The World Today, Apr 23 - South Korea backs away from military revenge attacks for ship sinking (see link below)
South Korea's president Lee Myung-bak signaled today he has no plans for a military revenge attack if investigations confirm North Korea sank one of the South's warships last month.
“We'll try to cooperate with the international community in taking necessary measures when the results are out,” Lee told a group of visiting foreign journalists in Seoul today.
North Korea insists it had nothing to do with the fate of the South's corvette Cheonan, which sank after an explosion on March 26.
Thirty-nine sailors are confirmed to have died in the sinking. Another seven are missing and now presumed dead.
http://www.vancouversun.com/news/World+Today+South+Korea+backs+away+from+military+revenge+attacks+ship+sinking/2943463/story.html
http://www.vancouversun.com/news/World+Today+South+Korea+backs+away+from+military+revenge+attacks+ship+sinking/2943463/story.html
US representative says multilateral engagement is best way to deal with North Korea (see link below)
12:35 AM Apr 24, 2010
NEW YORK (AP) - The U.S. Special Representative for North Korea policy says multilateral engagement with North Korea remains essential for progress on denuclearization despite allegations it was involved in sinking a South Korean naval vessel.
Speaking at a seminar in New York, Ambassador Stephen Bosworth said he was optimistic that six party talks - involving the two Koreas, the U.S., Russia, Japan and China - would resume but that he could not say when.
"As we look ahead today, we of course face a set of uncertainties in the short-term as we await the results of the investigation of the sinking of the South Korean naval vessel," Bosworth said. "But looking beyond that I think that there is reason to believe that multilateral engagement remains the essential condition for making progress on greater stability, denuclearization, peace and prosperity on the Korean peninsula."
- AP
http://www.todayonline.com/BreakingNews/EDC100424-0000007/US-representative-says-multilateral-engagement-is-best-way-to-deal-with-North-Korea
Speaking at a seminar in New York, Ambassador Stephen Bosworth said he was optimistic that six party talks - involving the two Koreas, the U.S., Russia, Japan and China - would resume but that he could not say when.
"As we look ahead today, we of course face a set of uncertainties in the short-term as we await the results of the investigation of the sinking of the South Korean naval vessel," Bosworth said. "But looking beyond that I think that there is reason to believe that multilateral engagement remains the essential condition for making progress on greater stability, denuclearization, peace and prosperity on the Korean peninsula."
- AP
http://www.todayonline.com/BreakingNews/EDC100424-0000007/US-representative-says-multilateral-engagement-is-best-way-to-deal-with-North-Korea
