China's first helicopter club is signing up new members!

Membership for what is being touted as the country's first private helicopter club will open this weekend, organizers said yesterday.

The club is affiliated to a private heliport opened last Saturday in Nanjing, capital of Jiangsu province, under the Ruohang Transportation Development Co.

A security guard on duty at China's first private heliport in Nanjing,
the capital of Jiangsu province, on Saturday. [China Daily]

"Our membership plan will be formally made known to the public this weekend and its initial terms for receiving application will be mainly targeted at those interested in flying or wanting to buy helicopters," Lu Yong, the executive director of Ruohang, told China Daily yesterday.

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Morocco-Paraguay hold first joint meeting to boost co-operation

Some interesting news in the field of “South-South Cooperation” arrived in my email box this evening.

The underlying point is simple. Developing nations in today's globalized world are going to be looking towards one another for new opportunities more and more, and towards the developed world less and less... at least proportionately.

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The first Morocco-Paraguay joint committee meeting, which kicked off Monday in the Moroccan capital, Rabat, is an opportunity to strengthen bilateral co-operation at all levels and in all areas, Moroccan Foreign Minister, Taieb Fassi Fihri said.

Speaking to reporters following the opening ceremony, Fassi Fihri recalled the kingdom's experience in south-South co-operation, stressing that king Mohammed VI takes great interest in this co-operation as a forum for a better exchange of expertise and sharing of competences.

He underlined, in this regard, the two countries' desire to work together to deepen their political dialogue and strengthen co-operation in several fields, mainly agriculture, water and electricity, health, human development and poverty eradication.

Co-operation opportunities, especially in banking, trade and investment, were also among the issues tackled by the FM, who stressed the importance of strengthening cultural co-operation as well between the two countries.

On his part, Paraguay’s Foreign Minister, Alejandro Hamed Franco, who co-chairs this session with his Moroccan peer, said this meeting is “a new step” in bilateral relations.

Click here to access the full article from ISRIA, Geopolitical Intelligence

Argentina! Don't make China angry now...

China urges Argentina to lift import restrictions on Chinese goods

BUENOS AIRES, March 8 (Xinhua) -- Chinese business circles are deeply worried about the protectionist measures against Chinese products that the Argentine government has taken, a senior diplomat at the Chinese Embassy said in an interview published in La Nacion newspaper Sunday.

"These import measures are discriminatory," said Yang Shidi, economic and commercial counselor of the Chinese Embassy in Argentina.

The measures that Argentina has adopted since 2008 have affected many Chinese products and run contrary to the memorandum of understanding signed by China and Argentina in 2004, in which the Argentine side recognized China's market economy status, Yang said.

Argentina calculated the dumping margin for the Chinese products on the basis of the prices of a third country, he said.

"It is not fair," because the costs of raw materials and manpower as well as productivity in China are different from those of other countries, Yang said.

Click here to access this full article from Xinhua News Agency

Japanese Firms to Develop Products Specifically for Latin America

TOKYO – Several Japanese companies, including Fujifilm and Panasonic, will develop new low-cost products specially designed for emerging markets in South America and Asia, the daily Nikkei said Monday.

Faced with the fall in demand in its principal markets like the United States and Europe, Japanese firms have decided to target middle-class consumers in emerging economies like Brazil as a way of dealing with the global economic crisis, Nikkei said.

Click here to access this full story from the Latin American Herald

Marc Faber on Gold Explorers

Marc Faber on Gold Futures and a possible Bear Market Rally

Analysis and discussion with Marc Faber Editor and Publisher of the Gloom, Boom, and Doom Report. He is advising investors to buy gold in 2001 before it tripled, he is now advising investors to buy gold explorers. He also says that he expects a rally in stocks to start some time in the near future, and that a weakening dollar will be a good sign to look out for.