Zhuhai air show appeared Condor 400 long-range combat so the capability of our military is more powerful
This year there have been previous air show of not only the B611 and P12 tactical missiles, which also made public for the first time as quite a mysterious “Eagle 400″ system-guided rockets.
Photos: in China,at Zhuhai Air Show unmanned attack aircraft made its debuted for the first time
CH-3-type unmanned attack aircraft’s surveillance, carrying two AR-1 anti-tank missile, using engine propeller.
India flight demonstration team to China, Pakistan because of fearing exposed technical performance will not participate
China International Aviation and Aerospace Exhibition is the only international exhibition of aerospace professionals approved by the Chinese central government. It shows practicality, trade negotiations, academic exchanges for the main features of the air show.
United States will provide relief assistance of 1 million U.S. dollars to Pakistan
U.S. Agency for International Development on 30th, issued a statement declaring that the United States would provide relief assistance of 1 million U.S. dollars to the victims of the earthquake-disaster area in Pakistan through international agencies and non-governmental organizations.
The Chinese government donated 1 million U.S. dollars to the Pakistan earthquake-disaster area
Chinese Ambassador in Pakistan Luo Zhaohui at the presidential palace on the 30th, met with Pakistani President Zardari, and handed over the president’s message of Chinese President Hu Jintao on the Balochistan earthquake Zardari, with sympathy and on behalf of the Chinese government and people donated 1 million U.S. dollars of spot exchangeto the disaster area.
Foreign Exchange Reserves decline gradually, Pakistan ask IMF for help
Pakistani foreign exchange reserves only could maintain import activities for 6 weeks, so Government of Pakistan admits to take the necessary action. International Monetary Fund (IMF) said on Oct.22 that they would hold consultations with Pakistan and help them to cope with the financial crisis.
Dark Clouds of Financial Crisis hang over the Pakistan
As the rapid shrinking of foreign exchange reserves, the Government of Pakistan is currently facing a severe debt crisis. Deterioration of the economic situation has also led to high domestic inflation, which greatly influenced the life of residents. Therefore, the Government of Pakistan is active to consult with IMF, UK and U.S. in order to obtain financial assistance.
Credit Rating Agency: IMF Rescue can not solve the plight in Pakistan
Pakistan asks for help from IMF and takes a positive step for solving the domestic economy crisis. However, the credit rating agencies think that this crisis is far from over.
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