Chinese ship-builders have been lobbying hard for a yuan devaluation.
Meanwhile, a Chinese ship that drew international condemnation for attempting to deliver weapons to Zimbabwe amid the country's political crisis is returning home without offloading its cargo, officials in Beijing said Thursday.
The State Oceanic Administration accuses Japan's Weekly Post of "sheer nonsense and malicious speculation" following its expose on a Chinese government ship allegedly aiming a machine gun at a Japanese fishing boat near disputed East China Sea islands on 18 February, People's Daily reports.
Are they too vulnerable to new Chinese anti-ship missiles as Defense Secretary Gates implies?
Another Chinese marine surveillance ship fleet carried out regular patrols in the South China Sea on Sunday, according to Xinhua.
Turning to Japan, Xinhua says a Chinese marine surveillance ship patrolled waters near disputed East China Sea islands for a second day in a row on Monday.
He was found guilty of leading a gang to hijack two Chinese cargo boats on the Mekong River to ship methamphetamine and abduct 13 Chinese sailors onboard in 2011, Beijing Times reports.
An as-yet-unspecified second wave will see Chinese handset giant Huawei ship them too.
FORBES: Mozilla Launches Firefox OS For Mobile, Challenging Apple And Google With The Open Web
Seoul maintains the Chinese craft intentionally rammed the 3, 000-ton coast guard ship to permit the other Chinese trawlers to escape.
According to stories, a ship from the Chinese admiral's fleet is thought to have foundered off the coast of Kenya in the early 1400s.
For President Obama, a stand-off in the South China Sea between an American naval ship and five Chinese vessels is not such an emergency.
The Chinese want the money as the ship sails: the Europeans want to pay when it arrives.
FORBES: Banking Regulation, Yes, But Perhaps Not Stupid Banking Regulation?
But for unexplained reasons the two sides did not use it when Chinese boats harassed an American surveillance ship, the Impeccable, in the South China Sea in March.
ECONOMIST: China is piling up more weapons than it appears to need
The first ship was delivered to the Chinese navy in Shanghai on Monday, state-run news agency Xinhua said.
They also talked about developing a free-trade zone that Chinese manufacturers could use to assemble and ship their products at lower cost.
The Philippines, on the western border of the South China Sea, also reported Chinese boats cutting cables of a survey ship and threatening to ram its boats in March, according to Manila's Foreign Ministry.
CNN: Explainer: South China Sea - Asia's most dangerous waters
It is understood to have been an Iranian-built Noor - a clone of the Chinese C-802 radar-guided anti-ship missile.
Tensions escalated further in January when Tokyo said a Chinese warship locked weapons-controlling radar on a Japanese ship and helicopter.
WSJ: Japan on Alert Over Submarines Near Its Territorial Waters
China's Foreign Ministry has said it is conducting an "earnest, solemn" investigation into Tokyo's claim that a Chinese frigate put a radar lock on a Japanese navy ship last month.
They have been at the heart of considerable diplomatic tension between China and Japan, most recently in January when Japan said a Chinese frigate put a radar lock on a Japanese navy ship near the islands - something China disputes.
BBC: China anger at Japan-Taiwan disputed island fishing deal
Chinese design and technology are seen in Iranian ballistic and anti-cruise ship missiles, anti-ship mines and fast attack boats.
In late May, the Vietnamese Ministry of Defense reported that a Chinese patrol boat slashed a submerged cable of a oil and gas survey ship operated by PetroVietnam, the state energy firm.
CNN: Explainer: South China Sea - Asia's most dangerous waters
"Chinese vessels were at very high speed and did not respond to our ship's warning and then cut the cables of the Binh Minh 02, about 2km from where it was positioned, " he said.
Japan had hoped to get away with simply building a factory ship that would process the poisonous gases and toxic chemicals in a Chinese port and float away when the job was done.
One of three Chinese patrol vessels on the scene intentionally cut a submerged cable towed by the ship, the Binh Minh 02, said Do Van Hau, deputy chief executive of state oil and gas group PetroVietnam, which was operating the ship.
In January, a Chinese naval vessel fixed its fire-control radar on a Japanese Maritime Self-Defense Forces ship.
The notorious Laogai prison system, on which my colleague Rep. Chris Smith has held hearings today, holds between six and eight million Chinese citizens captive and employed in slave-labor industries -- some 140 export industries that ship to 70 countries around the world.
CENTERFORSECURITYPOLICY: Chris Cox 1997 Keeper of the Flame remarks
Earlier this week, Japan's Defence Minister Itsunori Onodera said a Chinese navy frigate close to the islands had locked its weapon-targeting radar on a Japanese navy ship on 30 January.
Vast ship-borne imports of iron ore, coal and bauxite make up other raw ingredients for Chinese growth.
应用推荐