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U.S. China News 2011.03.20

Sun, March 20, 2011

US to give China a pass on NSG commitments for Pakistan nuclear deal
The Hindu
The United States has indicated it will not oppose China’s building of two nuclear reactors in Pakistan, and will give Beijing a pass on its non-proliferation commitments by allowing the deal to go ahead in spite of concerns that it will violate
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China PBOC Advisor:Dlr May Drop Sharply Next 3 Yrs On US Debt
IMarketnews.com
“To tell the truth, the state of US finances is not good, and it will be difficult to avoid a sharp dollar depreciation, falling US Treasury prices and rising yields,” he added. China is the largest foreign holder of US Treasury securities.
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China Development Bank Approves US$600 Million to Support Brightoil in Further
istockAnalyst.com (press release)
HK) is pleased to announce that the Hong Kong Branch of China Development Bank Corporation (“China Development Bank, Hong Kong Branch”) has approved a US$600 million facility to the Group for developing its International Supply and Bunkering (“ISB”)
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China calls for stability in Libya
Reuters
Throughout the recent tumult across the Middle East and North Africa, China has sought to avoid becoming deeply enmeshed and has little appetite for turning the regional upheaval into a point of confrontation with the United States.
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Obama says US to be major purchaser of Brazilian oil
Telegraph.co.uk
Mr Obama’s entourage includes Timothy Geithner, the US Treasury Secretary, and the two hope to win greater support from Brazil in exerting pressure on China to allow the yuan to appreciate. Ms Rousseff is thought to share the US concerns about the
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‘I was born in India, owe debt to US, but my heart is Tibetan’
Times of India
Our government is in the name of His Holiness ; the dialogue with China is in his name; many supporters are with us because of him. It’s very difficult for the parliament to find a solution to all this in one sitting. The Dalai Lama will always remain
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India ahead of US and China in energy efficiency: Report
South Asia Mail
The report suggested that the rate of increase of India’s private investment in clean energy will be 736 percent over the next 10 years, three times that of the US or China. Further, low cost labour and highly skilled manufacturing base will make India
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Foreign and Translation Publication Rights Now Available for Carter’s Popular
PR-USA.net (press release)
Interested international foreign and translation rights sub-agents or book publishers should contact us immediately.” American travel photographer Tom Carter spent two years backpacking 56000 kilometers across China to create CHINA: Portrait of a
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Building a happy society means junking GDP myth
The Japan Times
By TAKAMITSU SAWA The mass media in Japan have played up the news of China’s gross domestic product exceeding, in US dollar terms, Japan’s to become the second largest economy in the world after the United States. The Chinese figure would be twice as
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US China Mining appoints Mr Tony Peng as CFO
SteelGuru
US China Mining Group Inc a Chinese leader in coal production and exploration in the People Republic of China announced the appointment of Mr Tony Peng to the position of Chief Financial Officer and Secretary of the Company effective immediately.
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Grains Week Ahead-Investors trickle back but caution prevails
Reuters Africa
The focus could again turn to corn futures this week after two straight days of unconfirmed rumors about China buying US corn for the first time in about five months. The amounts rumored to have been purchased extended up to 1 million tonnes,
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COMMENTARY: Still time to avoid fall of American empire
Enterprise News
With the rise of China, our own economic troubles and a wealth of data showing other nations beating us in everything from spending on research and development (we rank No. 11, Germany is No. 1) to adequate food and shelter (we’re No. 31, Denmark No.
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Palin tells India she is wary of China
UPI.com
UPI/Jim Ruymen NEW DELHI, March 20 (UPI) — Sarah Palin told an audience in India she was still thinking about a run for US president, and expressed wariness over China’s military and economic prowess. The former Republican vice presidential candidate,
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China Hopes with Large Trade Deficit Loose Export Control
CRIENGLISH.com
Last year’s surplus accounted for only 3.1 percent of China’s GDP. In the first two months of this year, China posted a trade deficit of 890 million US dollars, according to China’s General Administration of Customs (GAC).
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Shell CEO has high hopes for China’s shale gas
Reuters Africa
Inspired by the massive success of unconventional gas — coalseam methane, tight gas and shale gas — in the United States, China has over the past year embarked on an exploration campaign for shale gas, part of Beijing’s goal to boost use of
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Obama Gets Warm Brazil Embrace From Lula Successor Rousseff
Bloomberg
Her shared sense with Obama that China is harming the economic interests of both their countries by undervaluing the yuan creates an opening for the US leader, who arrived for two days of meetings with Brazil’s first female president and sightseeing in
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OWNER AND COMPANY INDICTED IN SCHEME TO SMUGGLE GOODS FROM CHINA IN ORDER TO
The Cypress Times
CBP assesses antidumping duties on plastic bags to prevent foreign manufacturers and importers from “dumping” merchandise at below cost in the United States. Plastic bags exported from China are subject to a 77.57 percent antidumping duty.
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IBM to pay $10m US
The Province
The Securities and Exchange Commission alleged employees of IBM Korea and a local joint venture, LG Electronics 066570.KS, paid around $207000 in bribes to South Korean government officials, according to court documents. IBM employees in China also
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Westinghouse Nuclear Plants Immune to Japan Power Loss, Chief Candris Says
Bloomberg
By Eric Martin – Sun Mar 20 13:38:25 GMT 2011 Westinghouse Electric Co. nuclear plants being built in China and the US and proposed for Brazil aren’t susceptible to the loss of backup power that triggered a reactor crisis in Japan, the company’s top
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China-Biotics Expands Product Supplied to Bright Dairy
PR-USA.net (press release)
We remain confident that, in the long run, our strategic position and ability to create value will be recognized by the US investment community.” China-Biotics, Inc. (“China-Biotics” or “the Company”), a leading manufacturer of biotechnology products
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AgFeed Industries, Inc. Announces 2010 Results
PR-USA.net (press release)
AgFeed Industries, Inc. (Nasdaq: FEED, NYSE Alternext: ALHOG – News) (“AgFeed” or the “Company”), an international agribusiness company with operations in the US and China and one of the large independent hog producers and manufacturers of animal
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Green Fields: China buying farmland all over the globe
DesMoinesRegister.com
The Chinese apparently are not interested in farmland in the United States, where prices have reached record levels in the Corn Belt this year. Sui Fengfu, chairman of China’s largest agricultural company, Heilongjiang Beidahuang Nongken Group,
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American Pavilion Gives US Greater Visibility at Filmart
Hollywood Reporter
it’s primarily US member companies that will set up shop under the American Pavilion banner — from established players like Nu Image/Millennium and IM Global to newer outfits like Sierra/Affinity and W2 Media. While China is expected to open its
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The case of Raymond Davis in Pakistan and the real US global strategy
PoliticalLore.com
Russia and China pose the greatest mortal threat to the United States according to Director of National Intelligence James Clapper who spelled this out for the US Senate while testifying before the Senate Armed Services Committee.
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India’s future lies in its naval power: Geostrategist
Sify
It’s going to be a mix of players following the United States and the European navies. China will inevitably – no matter how powerful India is – seek to exert its navy there (Indian Ocean). And it’s going to be a multitude of maritime powers there
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On the lookout for adventurers | Philadelphia Inquirer | 2011-03-20
Philadelphia Inquirer
He has paddled a kayak hundreds of miles along the United States‘ East and West Coasts, on rivers in Germany and France, and down dangerous rapids on the Yangtze in China. He has filmed tribes in Guyana, acted in films, and helped save the life of a
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Shares of grocery firm Delhaize Group rebound
Los Angeles Times
US-traded shares of the Belgian supermarket giant are up 8.7% this year after dropping last year. Also, Templeton BRIC, which invests in the fast-growing economies of Brazil, Russia, India and China, has had feast-or-famine results.
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Japan’s Earthquake: Can the Aging Samurai Recover?
American Thinker
In comparison US stood 2nd at 29% of the global share. But staying on top would be much harder than the ascent even for the tenacious Samurai. To make matters more ominous China, Japan’s giant western neighbor was growing at 8-10% annually with a
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reactor construction offers insights
The Augusta Chronicle
By Rob Pavey Quinn Wan: Engineer is a liaison between Southern Nuclear and companies building the same reactors in China. The Alabama engineer is part of Southern Nuclear’s quest to build the first new reactors in the US in decades, using a new — and
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Warren Christopher
Telegraph.co.uk
Within the US, Christopher was especially censured for his perceived weak diplomacy in China. In March 1994 he paid a visit to Beijing to negotiate a renewal of China’s low-tariff privileges, during which he appeared to be kowtowing to Beijing’s
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Saudi Aramco, PetroChina to Build 200000 Barrel-a-Day Refinery in Yunnan
Bloomberg
China may increase refining capacity by one-third to more than 12 million barrels a day by 2015 to feed economic growth, the US Energy Information Administration said on its website. “Saudi Arabia is looking at demand dynamics,” John Sfakianakis,
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Spies like us
Tribune Review
For fooled it has been year after year with new revolutions dating back to the 1940s when the boys from the China Lobby were in charge and telling everyone that the communists, led by Mao Tse-tung, had been defeated. That kind of mistake has been made
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The rare-earth challenge: Help ourselves
Tribune Review
Instead of hectoring Cabinet members about China’s stranglehold on rare-earth elements that are essential for high-tech gadgets and weapons, Pennsylvania’s Bob Casey and three other Democrat US senators would better serve a vital national interest by
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Woman airlifted after crash in China Grove
Salisbury Post
CHINA GROVE — A woman was injured in a wreck Saturday when her SUV rolled over at the US 29 bridge over Interstate 85 near C&C Mini Storage. The motorist was thrown from the vehicle when it flipped. She was taken by ambulance to the China Grove Middle
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<B>Sanjaya Baru:</B> Manufacturing superpower
Business Standard
In 1850, according to some studies, Britain emerged as the top manufacturing nation of the world, yielding this status to the US in 1895. The entire 20th century was a century of the US. China’s rise as a manufacturing nation was,
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Qaddafi Defiant As US, European Air Strikes Hit Libya
RadioFreeEurope/RadioLiberty
China’s Foreign Ministry, in a separate statement, said the Chinese government “disagrees with the use of force in international relations.” US Defense Secretary Robert Gates postponed a trip to Russia to “monitor developments in Libya.
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Libya: It’s not our fight
Los Angeles Times
It is because the accusation is so widely believed that Iraqi political leaders have gone out of their way to negotiate oil contracts with non-US companies, to demonstrate that they are not American puppets. (Shenhua Group, Sinochem, Unipec and China
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Region’s clothing stores bump up costs as cotton gets more expensive
Roanoke Times
China is the largest grower of cotton worldwide. India is the second-largest grower. An average of 68 percent of the US cotton supply was exported (from 2006 to 2008). The US cotton industry generates $27 billion in revenues to various industry
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Home Sales Probably Fell, Durables Rose: US Economy Preview
Bloomberg
Demand from fast-growing countries like China and Brazil is spurring US exports of machinery and consumer goods. American exports in January rose to the highest level on record. One potential hurdle is the March 11 earthquake and tsunami in Japan,
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Competition for China’s Private-Equity Dream
Wall Street Journal (blog)
The foreign funds bring experience at structuring complex transactions, expertise for eventual initial public offerings in Hong Kong or the US, and the ability to manage outbound investment strategies. But if the behavior of senior management is
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Sparing the Clouses
Tribune Review
It’s what separates us from China, Libya, Iran and North Korea. It’s totally illogical, of course, to preach their anti-gay message at the funerals of service men and women who gave their lives for their country. It’s highly offensive to families
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Ohio Farm Bureau persidents get congressional insight at capitol
Farm and Dairy
Japan takes in about 25 percent of its total agricultural imports from the United States, he said. That makes it the largest buyer of US corn and the second largest buyer of US wheat. Brown was asked about issues with US trade with China,
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Austin Beutner: With electric vehicles for mass transit, LA can step…
Los Angeles Daily News
We aren’t competing against China or Europe – we are competing against fellow American cities and states that have previously beaten LA to the punch in terms of leveraging the economic benefits of public transit dollars. At the meeting of the MTA Board
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Inflation Affects Us On So Many Levels: How To Stop The Bleed
Daily News Pulse
The Fed could raise rates and slow growth in the US, but this would have only a marginal impact on the price of food and energy worldwide. Unless we can find a way to slow growth in China, India, and Latin America, we are not likely to see much
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