- China Hires Foreigners to Manage Forex Reserves
- Bank of Japan Offers Liquidity at Emergency Meeting
- Cutting Jobless Will Take Time: White House's Summers
- GE, Vivendi Agree to Value NBCU Stake at $5.8 Billion
- Manufacturing in Focus as Bulls Call for Turn in Dollar
- Euro Zone Manufacturing Grows Faster Than Forecast
- Arrest Imminent in Florida Ponzi Case: Report
- Cramer: Dubai Can’t Sink These 6 Dividend Stocks
- Treasury Threatens Banks, Not Borrowers
- Treasury Threatens Banks, Not Borrowers
- We're Approaching a Market Bubble: Portfolio Manager
- Hershey Shares: What Options Are Saying
- Nov. 30: Unusual Volume Leaders
- Why Careful Shoppers Are Great for the Box Office
- Blue Nile CEO: 'We're Having the Best Cyber Monday Ever'
- Best Online Retailers to Buy Now: Internet Analyst
- ESPN The Magazine’s Body Issue: A Financial Success
- Cyber Monday: The Last Vestige of Dotcom Hype
MOST SHARED
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Good Sign for the Economy: 'Greed' Makes a Comeback
- Dubai Stocks Could Fall a Further 30%: Charts
- Dubai World Set to Restructure About $26 Billion of Total Debt
- Dubai Markets Open Sharply Lower for Second Day
- What to Expect from Cyber Monday
- Treasury Threatens Banks, Not Borrowers
- Should Homeowners Be Able To Walk Away From Mortgage?
- Nov. 30: Unusual Volume Leaders
- Notre Dame Fires Charlie Weis After 5 Seasons
Australia's Mandarin-speaking Prime Minister Kevin Rudd said on Thursday he would attend the Beijing Olympics, ignoring human rights activists' demands that he boycott the event over China's Tibet crackdown.
![]() |
Lauren Victoria Burke / AP |
Rudd, a former diplomat who served in Beijing and who has been accused at home and abroad of being too close to China, said attending the Games was the "right thing to do".
"I'm pretty relaxed about going. It's the Chinese government (who) have extended an invitation. The Australian Olympic Committee has been supportive of the decision," Rudd told reporters after an Australian team reception in Canberra.
French President Nicolas Sarkozy has refused to rule out the possibility he could boycott the Aug. 8 opening ceremony of the Beijing Olympics if China does not make more effort to resolve unrest in Tibet.
Rudd said he was unaware of any diplomatic tension over his decision and quipped that the closest he had ever come to competitive sport as a bookish young diplomat in Beijing was in a local expatriate cricket team.
"There were only 12 Australians in China at the time and I was selected as 12th man (reserve). As our captain said, I never troubled the scorekeepers much," Rudd said. "Australians love sport. Australians love the Olympics and Australians love Australian sportsmen and women representing their country at the Olympics."
China recently overtook Japan as Australia's biggest trading partner and the country is Canberra's biggest customer for energy and mineral exports, with two-way trade worth A$52 billion (US$49 billion) in 2007.
The China-driven boom has rocketed Australians from 15th place in the world in terms of GDP per capita in 1992 to seventh.
Australian Greens Senator Bob Brown said Rudd had turned his back on Tibetans by agreeing to attend the Games opening ceremony, as well as shooting, women's basketball, cycling and diving events.
"It's the wrong thing to do, it's not the right thing to do. The pollution of Beijing strong-arm politics has reached the prime minister's office," Brown said.
- Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
- UPS is giving its customers the option to offset its carbon emissions when sending a package.
- Romania's presidential campaign has been rocked by a video that may show the president striking a 10-year-old boy.
- Raising alligators is hard work, and the fickle taste of rich consumers has just made it much harder, says the NY Times.
- A recent issue of ESPN Magazine was one of its top sellers ever, and it only took scantily clad athletes to make it happen.
- The continued real estate boom in China is partially fueled by a generational flood of newlyweds.











