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U.S. China News 2011.03.28

Mon, March 28, 2011

China and US among top punishers but death penalty in decline
The Guardian
China, Iran, North Korea, Yemen and the US carried out the most executions last year, bucking a global trends towards abolition of the death penalty, a report has said . China again was by far the world’s most prolific executioner in putting to death
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US China Mining Its Business
Los Angeles Business Journal
By Joel Russell US China Mining Group Inc. owns mines in Heilongjiang Province, at the extreme northeast corner of China near the Russian and Mongolian borders. It’s only US assets are offices in the City of Industry that serve as its headquarters.
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China Urges US to Quickly Correct Trade Mistake
Chinese Ministry of Commerce (MOC) Monday called on the United States to correct its wrongdoing against China’s export commodities after the World Trade Organization reversed a previous ruling. “We hope the United States implements the WTO ruling as
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Does America need to ‘out-innovate’ China and India?
ZDNet (blog)
By Larry Dignan | March 28, 2011, 1:00am PDT At Economist confab in Berkeley, Calif., US CTO Aneesh Chopra contextualizes President Obama’s remarks that America needs to “out-innovate” countries like India and China to remain competitive.
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Cameron says China and US need to move for trade deal
LONDON (Reuters) – Prime Minister David Cameron said that China and the United States needed to do more if long-running world trade talks were to be successfully completed in the coming months. “In terms of Doha it is still extremely hard going,
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China loans Zim US$700m
The Southern Times
Mujuru said loans from China’s Export-Import Bank would be used for priority areas such as agriculture, machinery and equipment — nearly half the money would go for that — as well as health and water systems. Wang said US$100 million of the money
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China biofuel policy may be in conflict with food security objectives
The United States Department of Agriculture says China’s food security objectives may clash with its energy independence and environmental objectives, limiting the development of biofuels, according to the latest publication by the US International
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The relationship between US and China
UVU Review
Steve Gates speaks to a group of students gathered in the international center about the relationship between the US and China. By Alex Southworth China is the most populated country in the world and their influence grows with each passing year.
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Ex-US nuclear envoy bewildered by China’s ambiguity on ship sinking
Yonhap News
SEOUL, March 27 (Yonhap) — A former US nuclear envoy expressed bewilderment at China’s reluctance to blame North Korea for sinking a South Korean warship, even one year after the disaster that has drastically raised tension on the Korean Peninsula.
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NYU Will Launch Full Campus in Shanghai
Inside Higher Ed
The campus will be the first American university with full, independent authority in China — a legal status approved by the Ministry of Education. Following the creation of a similar outpost in Abu Dhabi, the new campus is part of NYU’s idea of
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China Yuan Down Late; Seen Consolidating After Recent Gains
Wall Street Journal
SHANGHAI (Dow Jones)–China’s yuan fell against the US dollar late Monday after the central bank pulled back the dollar/yuan central parity rate from its record-low last week. Dealers said the People’s Bank of China may guide the yuan to consolidate
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China urges US to follow through with WTO duties ruling
Jerusalem Post
By REUTERS BEIJING – China urged the United States on Monday to quickly comply with a World Trade Organization ruling that found that slapping extra duties on some Chinese goods broke WTO trade rules. Earlier this month, the WTO’s top court upheld some
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US government presses for Colombian deal
The US government is pushing to ratify a stalled Colombian trade pact and secure extra funding to boost multilateral lending to help expand US influence and trade with a region where China’s growing presence has unnerved many in Washington.
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BASF to build US$1.2 bil. plant in central China city Chongqing
China Post
It also produces the chemical in South Korea, Belgium and the United States. The company said it employed nearly 7000 people at 26 subsidiaries and 14 joint ventures in China, where sales totaled about 5.8 billion euros (US$8.2 billion) last year.
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US Treasury Secretary Geithner to travel to China for conference
China Post
The Treasury Department says that Geithner will be in Nanjing, China, next Thursday for meetings with senior Chinese officials. They’ll discuss the global economic outlook and prepare for high-level USChina talks on economic and foreign policy
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China is no slow boat
Culpeper Star Exponent
They know who we are and they like us.” Along with 50 other chamber of commerce leaders from across the US, Charapich, president of Culpeper’s Chamber of Commerce, traveled to China to network and exchange ideas and information about the business
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US Devises ‘Panic Button’ App For Pro-Democracy Rebels
The panic button is a part of the US government’s ongoing initiative to develop technology that would help protect pro-democracy campaigners in countries in the Middle East, Africa and China. The US government, in its ‘fight for freedom’ across the
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Baidu Under Fire for Copyright Infringement
Wall Street Journal
That meeting broke down after the representatives demanded 2.5 yuan (38 US cents) in compensation every download of an unlicensed book copy, or what he estimates is 10% of the average price of a printed book in China. Last month a consortium of
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BBC: US and UK Imperial Tool
Bay Area Indymedia
The US is broke, borrowing money from China, and we will be funding the BBC to broadcast in China?” Britain’s government funded BBC will “receive a ‘significant” sum of money from the US government to help (circumvent) the blocking of TV and internet
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Uncertain winds blow across the global economy
Herald Sun
The Australian economy faces several key challenges over the coming months as China’s growth slows down, says David Hale. Source: Herald Sun US ECONOMIST David Hale has delivered a huge warning to Australia overall and to BHP Billiton and Rio Tinto in
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Industrial Services, Schlumberger, Starwood: US Equity Movers
Trina Solar Ltd. (TSL US) rose 3.5 percent to $28.75. CNinsure Inc. (CISG US) fell 5.8 percent to $12.76, after falling 12 percent, the most intraday since Dec. 2. The insurance company and brokerage based in Guangzhou, China, agreed to sell Beijing
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Dong’s husband subsequently fled China, hoping to obtain legal status in the United States with the intention of bringing Dong and their daughter Stateside. In 1995, Dong fell ill from the IUD and later had it removed. Jian rejoined Dong in China to
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Q&A with US Trade Representative Ron Kirk
Christian Science Monitor
US Trade Representative Ron Kirk discussed the importance of trade in today’s economy, reports that he will be named Commerce Secretary, and whether growth of China’s trade with Latin America is a threat at a March 10 Monitor lunch.
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Pre-Opening Corn Market Report for 3/28/2011
Traders believe that the sale confirmed the rumors of China buying US corn. Profit-taking selling emerged to push the market down back under 700 into the mid-session. December corn managed a move over the February highs before reversing and closing 9
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McAfee: Data Breach Challenges Open Doors For Storage, Security Providers
The countries regarded as the safest to do business with are Germany, the UK and the US China, Russia and Pakistan were regarded by respondents as being the least safe even though the source of attacks is often difficult to trace.
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China to Cut Energy Use by 4% This Year
TopNews United States
commitment the country of China has to fight global warming, especially since it has passed the United States in its production of greenhouse gasses, mostly because of the huge economic and industrial development it’s seen over the last 30 years.
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US Bankcard Services, Inc. Launches the Business Appreciation Accessory
San Francisco Chronicle (press release)
According to the US Department of Commerce, the number of Chinese travelers is expected to increase a total of 346 percent through 2015 and become the sixth largest inbound travel market. In addition, each tourist from China spent an average of $6000
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ROTH Capital Partners to Host 6th Annual Investor Tour in China
Business Wire (press release)
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on identifying opportunities for institutional investors in US-listed equity securities of companies based in the US and China. Headquartered in Newport Beach, CA,
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Reporter’s Notebook: My Brush with Chinese Censorship
PBS NewsHour
But suddenly, a classic and blatant form of Chinese censorship hit us in the eye. At Beijing airport on our way to southern China, cameraman Denis Levkovich bought the March 21, 2011 edition of Time magazine. On our plane trip, I asked to borrow it,
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Study to help determine how best to market to Chinese
Las Vegas Sun
Top identifiers of China in US tourists’ minds were “the Great Wall,” “crowded/population” and “Chinese food.” • New York City, Hawaii and San Francisco were the top three destinations identified by Chinese tourists. US tourists identified the Great
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Volt Solar Charger – an Amazing Gadget that Super-Charges iPhones
By Mini Swamy Xiamen Solar Electronics, based in Xiamen, China is all charged up to ship the first consignment of its Volt Solar Chargers to the United States. GoSolarUSA signed a distribution agreement with the Volt’s Chinese developer, Xiamen Solar
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Wash. state faces quandary with coal it won’t burn
The Seattle Times
But China still gets nearly 70 percent of its power from coal and that isn’t expected to change soon because the country is building coal-burning power plants. Some experts believe the US should accept coal’s growth as unavoidable and focus on cleaning
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China Information Technology Inc. Announces New Contract Wins
PR Newswire (press release)
Our solid fundamentals and well-established growth strategy put us in a favorable position to capture opportunities resulting from China’s growing demand for GIS, DHIS, and IT for public safety. As such, we reaffirm our guidance for 2011,
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Morgan Stanley Names Christianson, Strong Asia CEOs
Strong, 58, is currently vice chairman of investment banking and head of the US Midwestern region, according to the release. Under Christianson, Morgan Stanley got regulatory approval for an underwriting venture in China after selling its stake in
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Sinopec looks to expand overseas
Taipei Times
Profits rose 14 percent to a record 71.8 billion yuan (US$11 billion) last year, the company said on Sunday. However, net income missed analysts’ estimates and trailed 85 percent growth at China National Offshore Oil Corporation Ltd (CNOOC,
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Global economic reality check: beyond doom and gloom, a quiet boom
Christian Science Monitor (blog)
Robin Bew, chief economist at the Economist Intelligence Unit, discusses debt levels in the West, Obama’s handling of the economy, capitalism in China, and why a message of fear often drowns out one of the great ‘good news’ stories of our time.
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Jon Huntsman Revs Up 2012 Campaign Machine
Mother Jones
Jon Huntsman, former Utah governor and outgoing US ambassador to China, is inching toward an official run for the White House in 2012. In the latest news out of Huntman’s camp, Politico’s Mike Allen reports today that the ambassador’s political action
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Trump: Obama Policies Will Goad UK-Like Protests in US
“He’s allowing other countries to take advantage of us. OPEC is a joke, what they’re doing, and China. I mean, most of our money’s going to OPEC and China, and we don’t have money for our people. “So I would fully say that if this attitude persists,
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Virtual war a real threat
Los Angeles Times
US officials say China already has laced the US power grid and other systems with hidden malware that could be activated to devastating effect. “If a sector of the country’s power grid were taken down, it’s not only going to be damaging to our economy,
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Morning Futures Roundup
The Options Insider
If we assume average Cotton yields this coming year, the US could produce over 23 million bales. This increase in acreage is necessary to help meet the increasing global demand for Cotton, especially from China, which is the world’s largest consumer of
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U.S. Stocks Hold Slim Gains; OpenTable Hits New High
Investor’s Business Daily
They included online restaurant reservation provider OpenTable (OPEN); oil and gas explorer Gulfport Energy (GPOR); travel-deal website Travelzoo (TZOO); China-based Internet portal Sina (SINA); electronic payment systems provider VeriFone Systems
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