Skip to content

U.S. China News 2012.10.09

Tue, October 9, 2012

US set to give final decision on Chinese solar panel duties
Reuters
Tariffs have not slowed dramatic decline in solar panel prices. * US Commerce decision unlikely to stray far from preliminary ruling. * Solar panel makers have also filed action in Europe against Chinese manufacturers. By Doug Palmer and Nichola Groom
See all stories on this topic »

US Investors ‘In No Hurry’ to Buy China Stocks, Citigroup Says
Businessweek
U.S. investors are “in no hurry” to buy China’s stocks on concern earnings will slump further as the economy slows and policy makers refrain from adding stimulus measures, according to Citigroup Inc. (C). Only about 25 percent of the investors that
See all stories on this topic »

US stock futures down with China, QE3 in focus
MarketWatch
U.S. stock futures track global equities and commodities south on Monday after the World Bank cuts its China growth view, last week’s strong jobs data raises questions on Federal Reserve stimulus and ahead of a meeting of euro-zone finance ministers.
See all stories on this topic »

China on US Buying Spree
American Free Press
As Chinese lobbying firms increase their expertise in greasing the palms of U.S. lawmakers, Americans should remember the following crucial statistics from a May 23 article by Michael Snyder of “The Economic Collapse” news website. “The United States
See all stories on this topic »

China Drywall Firm Fights Order to Pay US Homeowners
Businessweek
Taishan Gypsum Co. appealed a September court ruling that ordered the Chinese drywall manufacturer to pay U.S. homeowners for damages caused by harmful chemicals in the wallboard. Taishan Gypsum, which claims on its English-language website to
See all stories on this topic »

China v. the US: ‘Free Trade Is Only for Friends’
CNBC.com
Professor D’Aveni, author of “Strategic Capitalism: The New Economic Strategy for Winning the Capitalism Cold War,” says current U.S. policy of filing WTO cases opposing Chinese trade policies won’t work. “At the end the Chinese will make a very polite
See all stories on this topic »

Heat arrive in China for preseason games
U.S. News & World Report
If he was groggy Tuesday morning (still Monday night in the U.S.), when the Heat held their first practice in China, it didn’t show. Photos posted to social media sites by the team showed Chalmers was just fine when he left the team hotel for the buses.
See all stories on this topic »

Copper steady; growth fears offset China stimulus hopes
Reuters
LONDON (Reuters) – Copper prices were little changed on Tuesday as concerns about weak global growth and its implications for industrial metal demand offset expectations for further pro-growth policies from top consumer China, aimed at stimulating the
See all stories on this topic »

U.S.-China climate action suggested
UPI.com
“If the United States were to achieve some sort of compact with the Chinese on how to entrench national actions within a global regulatory framework, then we’d start to cook with gas, literally,” Kevin Rudd told The Australian newspaper. China emitted
See all stories on this topic »

China options limited as US panel outcasts Huawei, ZTE
Fox Business
China’s leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation. The U.S. House of
See all stories on this topic »

U.S.-Listed China Space Wake-Up Call
Seeking Alpha
The high-profile short-selling attacks of 2010-2011 in the China space devastated the appetite for U.S.-listed China small-cap firms. For a reason of course. Thanks to Trading China we now know that more than 50 Chinese companies have been delisted
See all stories on this topic »

China September imports seen growing again, exports up
Reuters
Analysts say shrinking global demand as the debt crisis festers in Europe – the single biggest overseas market for Chinese goods – and a slower-than-expected recovery in the U.S. economy would continue to be a major drag on China’s export growth at
See all stories on this topic »

Rio Tinto wary on China growth, speeds up cost cuts
Reuters
“Significant stimulus efforts have been announced in China, the U.S. and Europe, but it’s uncertain exactly when we will see the impact of these on our markets,” Rio Tinto Chief Executive Tom Albanese said on Tuesday. “Given this, and the considerable
See all stories on this topic »

Thoughts on China and American Elections
Brookings Institution
The current presidential campaign will be the eleventh U.S. presidential election since Richard Nixon began America’s opening to the People’s Republic of China. It is the sixth election in which an elected incumbent seeks a second term. On one of those
See all stories on this topic »

Euro Leaders Give Spain More Rope, China Injects Cash
CNBC.com (blog)
China pumped $42 billion into the country’s banks, its second largest injection in two weeks, in a bid to stimulate the economy.[WSJ]. IMF and European Union Talk back: Tell us what you want to hear about at . © 2012 CNBC.com. Topics:Politics and
See all stories on this topic »

Chinese Companies a US National Security Risk?
Fox Business
Details. Description. ‘The Coming Collapse of China‘ author Gordon Chang and FNC contributor K.T. McFarland on the potential risks to U.S. national security from Chines… Duration 6:29; Date Oct 8, 2012. Advertisement
See all stories on this topic »

Chinese Law Firm DeHeng in $10 Million US Fraud Claim
The American Lawyer
Ltd. (SMT), a Chinese company that distributes hospital equipment and operates dialysis centers. They made use of a complex variable interest entity (VIE) structure in which a U.S.–listed company they controlled called Aamaxen Transport Group Inc
See all stories on this topic »

report highlights American unease about China companies as they aspire to
Greenfield Daily Reporter
BEIJING — China’s biggest technology companies are eager to expand in the United States but face American anxiety about possible threats to jobs and national security. The latest blow: A U.S. report that says telecom equipment makers Huawei
See all stories on this topic »

China, US militaries hold annual maritime security meeting
China Daily
China and US militaries held an annual meeting under the Sino-US military Maritime Consultative Agreement from Sept 27 to 28 in northern port city of Qingdao, Shandong province. The two militaries agreed to enhance contacts and communication in order
See all stories on this topic »

Huawei Faces US Lockout on Cyberspying Threat Citation
Businessweek
Huawei Technologies Co., which has been shut out from a series of U.S. deals, will have fewer options to win American business after a House committee said the phone-equipment maker may enable Chinese spying. “This puts an established intelligence
See all stories on this topic »

US report dashes China telecoms’ expansion hopes
Fox Business
WASHINGTON – The U.S. ambitions of two Chinese telecom equipment makers were stopped in their tracks on Monday as a congressional report urged American companies to stop doing business with the firms, raising fears of retaliation from China. Huawei
See all stories on this topic »

CANADA FX DEBT-C$ flat as IMF report offsets China stimulus hope
Reuters
Canadian dollar at C$0.9786 to the US$, or $1.0219 * Hit by IMF report on slowing global growth * China stimulus hopes, higher oil prices provide support By Alastair Sharp TORONTO, Oct 9 (Reuters) – Canada’s dollar gave up early gains against its U.S.
See all stories on this topic »

As China Slows, ‘Made in America’ Grows
Fox Business
Kaufman’s consumer-products company, which is expected to rake in around $25 million in revenue in 2012, is moving parts of its manufacturing operations out of China and back to the United States. “China has increased labor costs something like 15-20%
See all stories on this topic »

Huawei Labeled Cyberspying Threat Faces U.S. Phone-Gear Lockout
Bloomberg
The report was issued as the U.S.-China economic relationship remains an issue in the presidential election campaign. President Barack Obama last month barred a Chinese- owned company from building wind farms near a U.S. Navy base in Oregon, the
See all stories on this topic »

US Warns Two Chinese Companies Pose Security Risk
Voice of America
CAPITOL HILL — U.S. companies considering doing business with Chinese telecommunications companies Huawei and ZTE are being warned to find another vendor. A U.S. House of Representatives report said the companies pose a long-term corporate
See all stories on this topic »

Yoshida in China: $400 iPhones and skewed trade stats
EE Times
WTO economists estimate that China’s $295 billion trade surplus with the U.S. could be reduced by nearly half if two-way trade were measured in value-added terms, the WTO boss concluded. Lamy’s argument is valid. In the current economic environment
See all stories on this topic »

China May Benefit From Capital Inflows Driven By QE3 – Bank of China
Fox Business
Published October 09, 2012. Dow Jones Newswires. The U.S. Federal Reserve’s third round of quantitative easing could trigger an influx of capital to China, offsetting recent capital outflows, researchers with a major state bank wrote in China Forex
See all stories on this topic »

Japan economy shaky as island spat hits business
U.S. News & World Report
China sales for Nissan Motor Co. slid 35 percent last month to 76,100 vehicles. Even the most optimistic scenario does not foresee a recovery in Japan’s economy until the second quarter of next year, Kanno said. “What we have ahead of us is going to be
See all stories on this topic »

US lawmakers seek to block China Huawei, ZTE US inroads
Reuters
The House Intelligence Committee’s bipartisan concerns are bound to set back the companies’ U.S. prospects and may also lead to new strains in trade ties between the United States and China, the world’s two biggest economies. Committee Chairman Mike
See all stories on this topic »

Congress accuses Chinese tech giants of un-American activities
Ars Technica
Huawei and ZTE are two giant Chinese tech companies frequently targeted by accusations of industrial espionage, intellectual property theft, and even providing backdoors for network attacks to the Chinese military. Now, the two are the focus of a House
See all stories on this topic »

Caught between the US and China
BusinessWorld Online Edition
REUTERS HAS reported that Indonesia was buying more submarines from South Korea and coastal radar systems from China and the United States. It also reported Vietnam was getting six submarines and combat jets from Russia. Thailand also plans to buy
See all stories on this topic »

HK Shares End Up On China Stocks’ Strength; ZTE Falls Further
Wall Street Journal
China Overseas Land slipped 0.7% to HK$19.06 and Longfor Properties dipped 1.2% to HK$12.00. On the broader market, ZTE slumped 5.6% to HK$11.90 on top of a 6.0% beating it took Monday which came on news that a U.S. congressional investigation
See all stories on this topic »

U.S. panel says Chinese tech giants pose security threat
LubbockOnline.com
WASHINGTON — American companies should avoid sourcing network equipment from China’s two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee warned Monday. The panel said
See all stories on this topic »

China is reforming problematic labor camp system
U.S. News & World Report
BEIJING (AP) — China’s government is working on reforms to its system of imprisoning people in labor camps without trial, a senior judicial official said Tuesday in a sign that Beijing recognizes the much-criticized camps are problematic. Jiang Wei
See all stories on this topic »

Espionage fiasco: ‘Top Chinese firms should be banned from US‘ – report
RT
On Monday, before the release of the report, a Chinese Foreign Ministry spokesperson asked the US to put aside prejudices and continue to promote mutual trade and investment. “We hope the US will do more to benefit the interests of the two countries
See all stories on this topic »

US House Report Say China Tech Giants Pose Security Risk
Voice of America (blog)
The report by the House Intelligence Committee also recommends that U.S. government computer systems not include any components made by China’s largest phone equipment companies, Huawei and ZTE. House members say technology in
See all stories on this topic »

GBTA – Economic Uncertainty Dampens US Business Travel Growth
Travel Agent
Economic turmoil in Europe, slower growth in China and U.S. unemployment are expected to curb business travel growth in the United States through the end of the year, according to the latest GBTA BTI Outlook – United States from the Global Business
See all stories on this topic »

China bashing in the presidential race
Christian Science Monitor
Adding to the campaign fireworks is a report Monday by the House Intelligence Committee that finds Chinese telecom firms Huawei and ZTE pose a security threat to the United States and should be barred from buying American companies. “China has the
See all stories on this topic »

China-bashing by US – Huawei
iAfrica.com
Chinese tech giant Huawei on Monday called a congressional report warning of security risks from its telecom equipment “an exercise in China-bashing” as US lawmakers held firm to their allegations. A US spokesperson for Huawei said the report by the
See all stories on this topic »

IMF cuts China, India, emerging Asia growth forecasts
Reuters
(Reuters) – China’s economic growth is expected to weaken to 7.8 percent this year, the International Monetary Fund said on Tuesday as it warned of risks to emerging Asia if the euro zone crisis worsens and the United States does not avoid its “fiscal
See all stories on this topic »

China vs. the US: What’s at Stake for Renewable Energy?
National Journal
What’s more, the U.S. Trade Representative’s office has filed two complaints with the World Trade Organization against China, alleging the country is limiting exports of rare-earth minerals, which are key in renewable-energy technologies. All of these
See all stories on this topic »

NBA’s international growth on rise as China hosts twice
USA TODAY
Los Angeles Clippers guard Chris Paul, left, signs an autograph for a fan as teammate Blake Griffin looks on following the team’s arrival at Beijing Capital International Airport on Monday for games this week vs. the Miami Heat. (Photo: Andrew D
See all stories on this topic »

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 3,543 other followers

%d bloggers like this: