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U.S. China News 2011.04.05

Tue, April 5, 2011

American Airlines Becomes First U.S. Airline to Launch Daily Nonstop Service
PR Newswire (press release)
American is the first US airline to offer daily nonstop service from Los Angeles to Shanghai, the largest USChina air travel market. The new service is part of a series of recent and upcoming flights, as well as improved schedules, between the United
See all stories on this topic »

US STOCKS-Wall St gains as M&A offsets China’s rate hike
Reuters
By Ryan Vlastelica NEW YORK, April 5 (Reuters) – US stocks advanced on Tuesday as a large acquisition helped lift positive sentiment and offset another rate hike in China. Texas Instruments (TXN.N) late Monday offered to buy National Semiconductor (NSM
See all stories on this topic »

NYMEX-US crude dips as China hikes interest rate
Reuters
NEW YORK, April 5 (Reuters) – US crude oil futures prices edged lower on Tuesday, hovering just under the 2-1/2-year peak reached the previous session, pressured by an interest rate hike in China though concerns about Middle East and Libya and
See all stories on this topic »

US STOCKS-Wall St to fall at open on China rate hike, Apple
Reuters
By Rodrigo Campos NEW YORK, April 5 (Reuters) – US stocks were set to fall at the open on Tuesday after China, a main source of global growth, raised interest rates, while Apple shares fell after the stock’s weighting in a widely followed index was cut
See all stories on this topic »

EU and US urge China to free Ai Weiwei
The Guardian
The foreign secretary added: “The development of independent civil society and application of human rights under the rule of law are essential prerequisites for China’s long-term prosperity and stability.” US state department spokesman Mark Toner
See all stories on this topic »

China warms up to US-ASEAN relations
Manila Bulletin
By ROY C. MABASA MANILA, Philippines – China had declared that it is ready to work with the United States, together with the neighboring member-states of the Association of Southeast Asian Nations (ASEAN), in preserving peace and stability in the
See all stories on this topic »

US, China Help Drive 19% Global Increase in Rugby Players, Study Shows
Bloomberg
By Dan Baynes – Tue Apr 05 09:00:00 GMT 2011 Emerging markets including the US, China and Japan helped drive a 19 percent increase in the number of people playing rugby globally since the 2007 World Cup, according to a study commissioned by MasterCard
See all stories on this topic »

US to Discuss North Korean Uranium Work With China
Global Security Newswire
The United States and South Korea want the Security Council to issue a presidential statement rebuking the North for its uranium operation, which the regime showed off in November to visiting US experts. Pyongyang’s longtime defender, China, however,
See all stories on this topic »

Many in US, Britain, China describe Japanese as orderly after quake
Mainichi Daily News
(AP Photo/Eugene Hoshiko) TOKYO (Kyodo) –>

The Sun never Sets on the Global South. China and Latin America
Axis of Logic
The phenomenal rise of China – with an average growth rate of between eight and nine per cent for the past 30 years – has resulted in the creation of a practical economic alternative to US subordination for countries of the global south.
See all stories on this topic »

Suspects tried to smuggle military goods to China: US
AFP
WASHINGTON — Two Chinese nationals were to appear before a US federal court Monday on charges of trying to smuggle military-related items from the United States to China, the Justice Department said. Hong Wei Xian, 32, and Li Li, 33, were charged in a
See all stories on this topic »

Corn Futures Extend Rally to 33-Month High as Demand Outpaces US Supply
Bloomberg
The US is the world’s leading producer, exporter and user. China, the second-biggest corn consumer, may need to buy 2 million to 3 million metric tons before Aug. 31 as economic growth boosts demand for livestock feed, the US Grains Council said today.
See all stories on this topic »

US Stock Futures Slip On China Rate Hike; Hot Stocks: TXN, NSM, EXPE, AMR, KBH
istockAnalyst.com (press release)
US stock futures are pointing to a lower open at Wall Street after China raised its key interest rate. On the economic front, the Institute of Supply Management report on activity in the services sector due at 10 am ET and the FOMC will release minutes
See all stories on this topic »

China’s Crackdown on Human Rights Sparks Little Outcry in Washington
Bloomberg
Wolf, chairman of the House Appropriations subcommittee on commerce, justice and science, said he plans to ask US Trade Representative Ron Kirk tough questions about China at a hearing today. Total USChina trade totaled an estimated $459 billion in
See all stories on this topic »

Forex: US Dollar Rises As China Lifts Rates, Moody’s Downgrades Portugal
Forex Rate It!
The US dollar rose against most major rivals on Tuesday, as China hiked its base lending and deposit rates. China’s central bank lifted its base lending and deposit rates by a quarter-point. The dollar index, measuring the US currency against a basket
See all stories on this topic »

China’s energy demand will continue to impact global marketplace: US House hearing
Platts
Kopits said his firm expects China to surpass US consumption levels around 2018. Chinese oil production of about 4.4 million b/d is expected to remain steady in the next decade, Kopits said in his testimony. “By 2020, China’s dependence on foreign oil
See all stories on this topic »

US Stocks lower following weak ISM report
NASDAQ
FXstreet.com (Barcelona) – The major indices in New York are opening Tuesday slightly in the red, as a recently released lower-than-expected US ISM report exacerbates an earlier rate hike by China which weighs on overall sentiment.
See all stories on this topic »

JA Solar partners with US firm for solar module production aimed at US customers
CanadianBusiness.com
SHANGHAI, China (AP) – JA Solar Holdings Co. entered a two-year partnership to supply Florida-based solar company Jabil Circuit Inc. with up to 400 megawatts of solar panels. Jabil said Tuesday it will assemble the panels into solar modules at its
See all stories on this topic »

Canada Stocks Decline as China Raises Interest Rates, Oil Falls
Bloomberg
(SLW) lost 1.2 percent as the US dollar advanced against 14 of 16 other major currencies. The Standard & Poor’s/TSX Composite Index decreased 26.78 points, or 0.2 percent, to 14191.57 at 9:40 am in Toronto. The S&P/TSX gained 27 percent in the nine
See all stories on this topic »

HUI ZHENG v. ATTORNEY GENERAL OF U.S.
Leagle.com
Second, Zheng points to a statement in the same April 4, 2003, document that “[s]ystematic, state-ordered forceful denial of freedom of belief, peaceful assembly and association for Falun Gong practitioners remained severe in China, as the US report
See all stories on this topic »

Abercrombie, KB, SemiLEDs, Wright Medical: US Equity Movers
BusinessWeek
(ANF US) rallied 8.2 percent to $64 after jumping to $64.50 earlier, the highest intraday price since July 2008. The teen retailer announced plans to open stores in China and said it expects to earn $4.75 a share in 2012. Cisco Systems Inc. (CSCO US)
See all stories on this topic »

USCBC: State Exports to China Are Essential for the American Economy
SYS-CON Media (press release)
“Nearly Half of US States Exported More Than $1 Billion Worth of Goods to China in 2010.” WASHINGTON, DC — (Marketwire) — 04/04/11 — The USChina Business Council (USCBC) released its annual US State Exports to China report, and China once again was
See all stories on this topic »

China will surpass US by 2013?
The Daily Progress
prompts me to write on a recurring theme: the future of scientific achievement in the US By the imperfect measure of achievement of number of scientific publications, China will surpass the US by 2013. In my opinion, the fault lies with the public
See all stories on this topic »

Clean Tech Funding Up in Many Countries [Web Exclusive]
Scientific American
China has surpassed the US as the world’s largest investor in clean-energy technologies. Italy, Brazil and Germany are ranked third, fourth and fifth, respectively. Certain countries are increasing their investments faster than others, however,
See all stories on this topic »

Markets show moderate gains at midday
Montreal Gazette
Gold hit a record in trading in New York on Tuesday morning, at $1449.90 US an ounce. At midday, it had slipped back to $1439.50, a gain of $6.50. The Canadian dollar was up 38 basis points to 103.74 cents US. Markets in mainland China and Hong Kong
See all stories on this topic »

Hong Kong dollar’s future uncertain as yuan dominates
BBC News
Nevertheless, there is no doubt that China’s economy will continue to grow rapidly over the next several decades, and therefore China will become a greater force in the global business cycle. Will it then make sense for Hong Kong to shift its US
See all stories on this topic »

Gold soars to record high
MSN Money
By TheStreet Staff on Tue, Apr 5, 2011 10:59 AM By Alix Steel, TheStreet Gold and silver prices were surging Tuesday as investors reacted to a disappointing read on growth in the US service industry, even as China took steps to fight inflation.
See all stories on this topic »

Chilean Peso Weakens After China Rate Increase Hits Copper Price
Bloomberg
The peso fell 0.2 percent to 475.94 per US dollar as of 9:24 am New York time from 474.83 at yesterday’s close. Credit Suisse Group AG, Morgan Stanley and Bank of America- Merrill Lynch had said China might pause in tightening after three previous rate
See all stories on this topic »

Loonie up, commodity prices recover after China hikes interest rates
CanadianBusiness.com (blog)
THE CANADIAN PRESS/Paul Chiasson TORONTO – The Canadian dollar was up more than a third of a US cent Tuesday ac commodity prices narrowed their losses following news that China is hiking interest rates to slow its economy and battle inflation.
See all stories on this topic »

Sungrow Canada Inc Opens North American Headquarters
Marketwire (press release)
All products are fully redesigned and certified for the Canadian and US markets. The first models are 100kW, 250kW and 500kW inverters. Founded in 1997, Sungrow is the largest solar photovoltaic inverter manufacturer in China.
See all stories on this topic »

China’s national team to face WNBA squads
USA Today
NEW YORK (AP) — China’s national women’s basketball team will play against WNBA teams in the league’s preseason during a US visit for the second straight year. Between those preseason games, China will also have scrimmages against the Washington
See all stories on this topic »

US$10 mln triptych sets Chinese art record
China.org.cn
China overtook the US as the world’s biggest auction market for fine art in 2010. The sale is part of a 3600-lot series, and is Hong Kong’s first major auction of the year. It’s expected to show whether rising wealth in China will continue to drive an
See all stories on this topic »

China’s growth creating stronger demand for livestock, poultry and dairy supplies
Western Farm Press
If the United States is to capture the long-term value of this change in the USChina corn trade relationship, Dorr believes it is important for both countires to develop a system that adequately signals demand, which, in turn, convinces US producers
See all stories on this topic »

New Dinosaur Species Discovered in China
ABC News
“Zhucheng is an amazing place and we are at a nascent stage of understanding everything that Zhucheng is going to provide for us in the future.” Along with the T. Rex and the Asian Tarbosaurus, itself discovered in the 1950s, the Zhuchengstyrannus
See all stories on this topic »

Stocks Turning In Another Lackluster Performance – U.S. Commentary
RTT News
the Bank of China said its benchmark one-year lending rate will be increased to 6.31 percent from 6.06 percent and the one-year deposit rate will rise to 3.25 percent from 3 percent, effective Wednesday. On the economic front in the US,
See all stories on this topic »

US stocks slightly lower in early trade
International Business Times
The US dollar rose against its major counterparts on Tuesday, after China’s central bank surprised the markets by raising interest rates for the fourth time since October last year to curb inflation. The euro fell 0.40 percent to 1.4164 against the
See all stories on this topic »

China: Peaceful military development
UPI.com
But cooperation with the United States remains difficult because of US military sales and support to Taiwan, which the communist government in Beijing has considered part of China since Chinese nationalist forces fled there during the civil war in 1949
See all stories on this topic »

China Integrated Energy Announces Independent Third Party Investigation
PR Newswire (press release)
China Integrated Energy, Inc. may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission on forms 10-K, 10-Q and 8-K, in its annual report to shareholders, in press releases and other
See all stories on this topic »

China’s Rare Earth Dominance: Another Global Resource Scramble in the Making?
Knowledge@Wharton
The US Geological Survey estimates that China has about 36% of the world’s reserves but it’s easier to extract the minerals in China for geological reasons. Also the country has, in the past, been more tolerant of the ecological damage the mines cause
See all stories on this topic »

Dollar gains after China’s surprise rate hike
International Business Times
By IB Times Staff Reporter | April 5, 2011 1:00 PM GMT The US dollar rose against its major counterparts on Tuesday, after China’s central bank surprised the markets by raising interest rates for the fourth time since October last year, which weighed
See all stories on this topic »

Obama to give priority to India ties in 2nd term
Economic Times
WASHINGTON: US President Barack Obama will continue to give priority to building ties with emerging powers like India, China and Brazil in rebalancing US foreign policy in his second term too. “It’s not related” to a second term, Obama’s press
See all stories on this topic »

Reportlinker Adds Electric Vehicle Traction Batteries 2011-2021
PR Newswire (press release)
Coda Battery Systems, Yardney USA, Tianjin Lishen China 9.1.22. SB LiMotive Co. Ltd – Samsung Korea with Bosch Germany 10.2.2. Here come the Chinese – BYD, Brilliance, Geely, Chengfang 12.2.4. US Army trucks etc – ZAP, Columbia ParCar USA 14.3.
See all stories on this topic »


US STOCKS-Wall St gains as M&A offsets China’s rate hike
Reuters
By Ryan Vlastelica NEW YORK, April 5 (Reuters) – US stocks advanced on Tuesday as a large acquisition helped lift positive sentiment and offset another rate hike in China. Texas Instruments (TXN.N) late Monday offered to buy National Semiconductor (NSM
See all stories on this topic »

NYMEX-US crude dips as China hikes interest rate
Reuters
NEW YORK, April 5 (Reuters) – US crude oil futures prices edged lower on Tuesday, hovering just under the 2-1/2-year peak reached the previous session, pressured by an interest rate hike in China though concerns about Middle East and Libya and
See all stories on this topic »

US STOCKS-Wall St to fall at open on China rate hike, Apple
Reuters
By Rodrigo Campos NEW YORK, April 5 (Reuters) – US stocks were set to fall at the open on Tuesday after China, a main source of global growth, raised interest rates, while Apple shares fell after the stock’s weighting in a widely followed index was cut
See all stories on this topic »

EU and US urge China to free Ai Weiwei
The Guardian
The foreign secretary added: “The development of independent civil society and application of human rights under the rule of law are essential prerequisites for China’s long-term prosperity and stability.” US state department spokesman Mark Toner
See all stories on this topic »

China warms up to US-ASEAN relations
Manila Bulletin
By ROY C. MABASA MANILA, Philippines – China had declared that it is ready to work with the United States, together with the neighboring member-states of the Association of Southeast Asian Nations (ASEAN), in preserving peace and stability in the
See all stories on this topic »

US, China Help Drive 19% Global Increase in Rugby Players, Study Shows
Bloomberg
By Dan Baynes – Tue Apr 05 09:00:00 GMT 2011 Emerging markets including the US, China and Japan helped drive a 19 percent increase in the number of people playing rugby globally since the 2007 World Cup, according to a study commissioned by MasterCard
See all stories on this topic »

US to Discuss North Korean Uranium Work With China
Global Security Newswire
The United States and South Korea want the Security Council to issue a presidential statement rebuking the North for its uranium operation, which the regime showed off in November to visiting US experts. Pyongyang’s longtime defender, China, however,
See all stories on this topic »

Many in US, Britain, China describe Japanese as orderly after quake
Mainichi Daily News
(AP Photo/Eugene Hoshiko) TOKYO (Kyodo) –>The Sun never Sets on the Global South. China and Latin America
Axis of Logic
The phenomenal rise of China – with an average growth rate of between eight and nine per cent for the past 30 years – has resulted in the creation of a practical economic alternative to US subordination for countries of the global south.
See all stories on this topic »

Suspects tried to smuggle military goods to China: US
AFP
WASHINGTON — Two Chinese nationals were to appear before a US federal court Monday on charges of trying to smuggle military-related items from the United States to China, the Justice Department said. Hong Wei Xian, 32, and Li Li, 33, were charged in a
See all stories on this topic »

Corn Futures Extend Rally to 33-Month High as Demand Outpaces US Supply
Bloomberg
The US is the world’s leading producer, exporter and user. China, the second-biggest corn consumer, may need to buy 2 million to 3 million metric tons before Aug. 31 as economic growth boosts demand for livestock feed, the US Grains Council said today.
See all stories on this topic »

US Stock Futures Slip On China Rate Hike; Hot Stocks: TXN, NSM, EXPE, AMR, KBH
istockAnalyst.com (press release)
US stock futures are pointing to a lower open at Wall Street after China raised its key interest rate. On the economic front, the Institute of Supply Management report on activity in the services sector due at 10 am ET and the FOMC will release minutes
See all stories on this topic »

China’s Crackdown on Human Rights Sparks Little Outcry in Washington
Bloomberg
Wolf, chairman of the House Appropriations subcommittee on commerce, justice and science, said he plans to ask US Trade Representative Ron Kirk tough questions about China at a hearing today. Total USChina trade totaled an estimated $459 billion in
See all stories on this topic »

Forex: US Dollar Rises As China Lifts Rates, Moody’s Downgrades Portugal
Forex Rate It!
The US dollar rose against most major rivals on Tuesday, as China hiked its base lending and deposit rates. China’s central bank lifted its base lending and deposit rates by a quarter-point. The dollar index, measuring the US currency against a basket
See all stories on this topic »

China’s energy demand will continue to impact global marketplace: US House hearing
Platts
Kopits said his firm expects China to surpass US consumption levels around 2018. Chinese oil production of about 4.4 million b/d is expected to remain steady in the next decade, Kopits said in his testimony. “By 2020, China’s dependence on foreign oil
See all stories on this topic »

US Stocks lower following weak ISM report
NASDAQ
FXstreet.com (Barcelona) – The major indices in New York are opening Tuesday slightly in the red, as a recently released lower-than-expected US ISM report exacerbates an earlier rate hike by China which weighs on overall sentiment.
See all stories on this topic »

JA Solar partners with US firm for solar module production aimed at US customers
CanadianBusiness.com
SHANGHAI, China (AP) – JA Solar Holdings Co. entered a two-year partnership to supply Florida-based solar company Jabil Circuit Inc. with up to 400 megawatts of solar panels. Jabil said Tuesday it will assemble the panels into solar modules at its
See all stories on this topic »

Canada Stocks Decline as China Raises Interest Rates, Oil Falls
Bloomberg
(SLW) lost 1.2 percent as the US dollar advanced against 14 of 16 other major currencies. The Standard & Poor’s/TSX Composite Index decreased 26.78 points, or 0.2 percent, to 14191.57 at 9:40 am in Toronto. The S&P/TSX gained 27 percent in the nine
See all stories on this topic »

HUI ZHENG v. ATTORNEY GENERAL OF U.S.
Leagle.com
Second, Zheng points to a statement in the same April 4, 2003, document that “[s]ystematic, state-ordered forceful denial of freedom of belief, peaceful assembly and association for Falun Gong practitioners remained severe in China, as the US report
See all stories on this topic »

Abercrombie, KB, SemiLEDs, Wright Medical: US Equity Movers
BusinessWeek
(ANF US) rallied 8.2 percent to $64 after jumping to $64.50 earlier, the highest intraday price since July 2008. The teen retailer announced plans to open stores in China and said it expects to earn $4.75 a share in 2012. Cisco Systems Inc. (CSCO US)
See all stories on this topic »

USCBC: State Exports to China Are Essential for the American Economy
SYS-CON Media (press release)
“Nearly Half of US States Exported More Than $1 Billion Worth of Goods to China in 2010.” WASHINGTON, DC — (Marketwire) — 04/04/11 — The USChina Business Council (USCBC) released its annual US State Exports to China report, and China once again was
See all stories on this topic »

China will surpass US by 2013?
The Daily Progress
prompts me to write on a recurring theme: the future of scientific achievement in the US By the imperfect measure of achievement of number of scientific publications, China will surpass the US by 2013. In my opinion, the fault lies with the public
See all stories on this topic »

Clean Tech Funding Up in Many Countries [Web Exclusive]
Scientific American
China has surpassed the US as the world’s largest investor in clean-energy technologies. Italy, Brazil and Germany are ranked third, fourth and fifth, respectively. Certain countries are increasing their investments faster than others, however,
See all stories on this topic »

Markets show moderate gains at midday
Montreal Gazette
Gold hit a record in trading in New York on Tuesday morning, at $1449.90 US an ounce. At midday, it had slipped back to $1439.50, a gain of $6.50. The Canadian dollar was up 38 basis points to 103.74 cents US. Markets in mainland China and Hong Kong
See all stories on this topic »

Hong Kong dollar’s future uncertain as yuan dominates
BBC News
Nevertheless, there is no doubt that China’s economy will continue to grow rapidly over the next several decades, and therefore China will become a greater force in the global business cycle. Will it then make sense for Hong Kong to shift its US
See all stories on this topic »

Gold soars to record high
MSN Money
By TheStreet Staff on Tue, Apr 5, 2011 10:59 AM By Alix Steel, TheStreet Gold and silver prices were surging Tuesday as investors reacted to a disappointing read on growth in the US service industry, even as China took steps to fight inflation.
See all stories on this topic »

Chilean Peso Weakens After China Rate Increase Hits Copper Price
Bloomberg
The peso fell 0.2 percent to 475.94 per US dollar as of 9:24 am New York time from 474.83 at yesterday’s close. Credit Suisse Group AG, Morgan Stanley and Bank of America- Merrill Lynch had said China might pause in tightening after three previous rate
See all stories on this topic »

Loonie up, commodity prices recover after China hikes interest rates
CanadianBusiness.com (blog)
THE CANADIAN PRESS/Paul Chiasson TORONTO – The Canadian dollar was up more than a third of a US cent Tuesday ac commodity prices narrowed their losses following news that China is hiking interest rates to slow its economy and battle inflation.
See all stories on this topic »

Sungrow Canada Inc Opens North American Headquarters
Marketwire (press release)
All products are fully redesigned and certified for the Canadian and US markets. The first models are 100kW, 250kW and 500kW inverters. Founded in 1997, Sungrow is the largest solar photovoltaic inverter manufacturer in China.
See all stories on this topic »

China’s national team to face WNBA squads
USA Today
NEW YORK (AP) — China’s national women’s basketball team will play against WNBA teams in the league’s preseason during a US visit for the second straight year. Between those preseason games, China will also have scrimmages against the Washington
See all stories on this topic »

US$10 mln triptych sets Chinese art record
China.org.cn
China overtook the US as the world’s biggest auction market for fine art in 2010. The sale is part of a 3600-lot series, and is Hong Kong’s first major auction of the year. It’s expected to show whether rising wealth in China will continue to drive an
See all stories on this topic »

China’s growth creating stronger demand for livestock, poultry and dairy supplies
Western Farm Press
If the United States is to capture the long-term value of this change in the USChina corn trade relationship, Dorr believes it is important for both countires to develop a system that adequately signals demand, which, in turn, convinces US producers
See all stories on this topic »

New Dinosaur Species Discovered in China
ABC News
“Zhucheng is an amazing place and we are at a nascent stage of understanding everything that Zhucheng is going to provide for us in the future.” Along with the T. Rex and the Asian Tarbosaurus, itself discovered in the 1950s, the Zhuchengstyrannus
See all stories on this topic »

Stocks Turning In Another Lackluster Performance – U.S. Commentary
RTT News
the Bank of China said its benchmark one-year lending rate will be increased to 6.31 percent from 6.06 percent and the one-year deposit rate will rise to 3.25 percent from 3 percent, effective Wednesday. On the economic front in the US,
See all stories on this topic »

US stocks slightly lower in early trade
International Business Times
The US dollar rose against its major counterparts on Tuesday, after China’s central bank surprised the markets by raising interest rates for the fourth time since October last year to curb inflation. The euro fell 0.40 percent to 1.4164 against the
See all stories on this topic »

China: Peaceful military development
UPI.com
But cooperation with the United States remains difficult because of US military sales and support to Taiwan, which the communist government in Beijing has considered part of China since Chinese nationalist forces fled there during the civil war in 1949
See all stories on this topic »

China Integrated Energy Announces Independent Third Party Investigation
PR Newswire (press release)
China Integrated Energy, Inc. may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission on forms 10-K, 10-Q and 8-K, in its annual report to shareholders, in press releases and other
See all stories on this topic »

China’s Rare Earth Dominance: Another Global Resource Scramble in the Making?
Knowledge@Wharton
The US Geological Survey estimates that China has about 36% of the world’s reserves but it’s easier to extract the minerals in China for geological reasons. Also the country has, in the past, been more tolerant of the ecological damage the mines cause
See all stories on this topic »

Dollar gains after China’s surprise rate hike
International Business Times
By IB Times Staff Reporter | April 5, 2011 1:00 PM GMT The US dollar rose against its major counterparts on Tuesday, after China’s central bank surprised the markets by raising interest rates for the fourth time since October last year, which weighed
See all stories on this topic »

Obama to give priority to India ties in 2nd term
Economic Times
WASHINGTON: US President Barack Obama will continue to give priority to building ties with emerging powers like India, China and Brazil in rebalancing US foreign policy in his second term too. “It’s not related” to a second term, Obama’s press
See all stories on this topic »

Reportlinker Adds Electric Vehicle Traction Batteries 2011-2021
PR Newswire (press release)
Coda Battery Systems, Yardney USA, Tianjin Lishen China 9.1.22. SB LiMotive Co. Ltd – Samsung Korea with Bosch Germany 10.2.2. Here come the Chinese – BYD, Brilliance, Geely, Chengfang 12.2.4. US Army trucks etc – ZAP, Columbia ParCar USA 14.3.
See all stories on this topic »

US STOCKS-Wall St gains as M&A offsets China’s rate hike
Reuters
By Ryan Vlastelica NEW YORK, April 5 (Reuters) – US stocks advanced on Tuesday as a large acquisition helped lift positive sentiment and offset another rate hike in China. Texas Instruments (TXN.N) late Monday offered to buy National Semiconductor (NSM
See all stories on this topic »

NYMEX-US crude dips as China hikes interest rate
Reuters
NEW YORK, April 5 (Reuters) – US crude oil futures prices edged lower on Tuesday, hovering just under the 2-1/2-year peak reached the previous session, pressured by an interest rate hike in China though concerns about Middle East and Libya and
See all stories on this topic »

US STOCKS-Wall St to fall at open on China rate hike, Apple
Reuters
By Rodrigo Campos NEW YORK, April 5 (Reuters) – US stocks were set to fall at the open on Tuesday after China, a main source of global growth, raised interest rates, while Apple shares fell after the stock’s weighting in a widely followed index was cut
See all stories on this topic »

EU and US urge China to free Ai Weiwei
The Guardian
The foreign secretary added: “The development of independent civil society and application of human rights under the rule of law are essential prerequisites for China’s long-term prosperity and stability.” US state department spokesman Mark Toner
See all stories on this topic »

China warms up to US-ASEAN relations
Manila Bulletin
By ROY C. MABASA MANILA, Philippines – China had declared that it is ready to work with the United States, together with the neighboring member-states of the Association of Southeast Asian Nations (ASEAN), in preserving peace and stability in the
See all stories on this topic »

US, China Help Drive 19% Global Increase in Rugby Players, Study Shows
Bloomberg
By Dan Baynes – Tue Apr 05 09:00:00 GMT 2011 Emerging markets including the US, China and Japan helped drive a 19 percent increase in the number of people playing rugby globally since the 2007 World Cup, according to a study commissioned by MasterCard
See all stories on this topic »

US to Discuss North Korean Uranium Work With China
Global Security Newswire
The United States and South Korea want the Security Council to issue a presidential statement rebuking the North for its uranium operation, which the regime showed off in November to visiting US experts. Pyongyang’s longtime defender, China, however,
See all stories on this topic »

Many in US, Britain, China describe Japanese as orderly after quake
Mainichi Daily News
(AP Photo/Eugene Hoshiko) TOKYO (Kyodo) –>

The Sun never Sets on the Global South. China and Latin America
Axis of Logic
The phenomenal rise of China – with an average growth rate of between eight and nine per cent for the past 30 years – has resulted in the creation of a practical economic alternative to US subordination for countries of the global south.
See all stories on this topic »

Suspects tried to smuggle military goods to China: US
AFP
WASHINGTON — Two Chinese nationals were to appear before a US federal court Monday on charges of trying to smuggle military-related items from the United States to China, the Justice Department said. Hong Wei Xian, 32, and Li Li, 33, were charged in a
See all stories on this topic »

Corn Futures Extend Rally to 33-Month High as Demand Outpaces US Supply
Bloomberg
The US is the world’s leading producer, exporter and user. China, the second-biggest corn consumer, may need to buy 2 million to 3 million metric tons before Aug. 31 as economic growth boosts demand for livestock feed, the US Grains Council said today.
See all stories on this topic »

US Stock Futures Slip On China Rate Hike; Hot Stocks: TXN, NSM, EXPE, AMR, KBH
istockAnalyst.com (press release)
US stock futures are pointing to a lower open at Wall Street after China raised its key interest rate. On the economic front, the Institute of Supply Management report on activity in the services sector due at 10 am ET and the FOMC will release minutes
See all stories on this topic »

China’s Crackdown on Human Rights Sparks Little Outcry in Washington
Bloomberg
Wolf, chairman of the House Appropriations subcommittee on commerce, justice and science, said he plans to ask US Trade Representative Ron Kirk tough questions about China at a hearing today. Total USChina trade totaled an estimated $459 billion in
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Forex: US Dollar Rises As China Lifts Rates, Moody’s Downgrades Portugal
Forex Rate It!
The US dollar rose against most major rivals on Tuesday, as China hiked its base lending and deposit rates. China’s central bank lifted its base lending and deposit rates by a quarter-point. The dollar index, measuring the US currency against a basket
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China’s energy demand will continue to impact global marketplace: US House hearing
Platts
Kopits said his firm expects China to surpass US consumption levels around 2018. Chinese oil production of about 4.4 million b/d is expected to remain steady in the next decade, Kopits said in his testimony. “By 2020, China’s dependence on foreign oil
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US Stocks lower following weak ISM report
NASDAQ
FXstreet.com (Barcelona) – The major indices in New York are opening Tuesday slightly in the red, as a recently released lower-than-expected US ISM report exacerbates an earlier rate hike by China which weighs on overall sentiment.
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JA Solar partners with US firm for solar module production aimed at US customers
CanadianBusiness.com
SHANGHAI, China (AP) – JA Solar Holdings Co. entered a two-year partnership to supply Florida-based solar company Jabil Circuit Inc. with up to 400 megawatts of solar panels. Jabil said Tuesday it will assemble the panels into solar modules at its
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Canada Stocks Decline as China Raises Interest Rates, Oil Falls
Bloomberg
(SLW) lost 1.2 percent as the US dollar advanced against 14 of 16 other major currencies. The Standard & Poor’s/TSX Composite Index decreased 26.78 points, or 0.2 percent, to 14191.57 at 9:40 am in Toronto. The S&P/TSX gained 27 percent in the nine
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HUI ZHENG v. ATTORNEY GENERAL OF U.S.
Leagle.com
Second, Zheng points to a statement in the same April 4, 2003, document that “[s]ystematic, state-ordered forceful denial of freedom of belief, peaceful assembly and association for Falun Gong practitioners remained severe in China, as the US report
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Abercrombie, KB, SemiLEDs, Wright Medical: US Equity Movers
BusinessWeek
(ANF US) rallied 8.2 percent to $64 after jumping to $64.50 earlier, the highest intraday price since July 2008. The teen retailer announced plans to open stores in China and said it expects to earn $4.75 a share in 2012. Cisco Systems Inc. (CSCO US)
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USCBC: State Exports to China Are Essential for the American Economy
SYS-CON Media (press release)
“Nearly Half of US States Exported More Than $1 Billion Worth of Goods to China in 2010.” WASHINGTON, DC — (Marketwire) — 04/04/11 — The USChina Business Council (USCBC) released its annual US State Exports to China report, and China once again was
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China will surpass US by 2013?
The Daily Progress
prompts me to write on a recurring theme: the future of scientific achievement in the US By the imperfect measure of achievement of number of scientific publications, China will surpass the US by 2013. In my opinion, the fault lies with the public
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Clean Tech Funding Up in Many Countries [Web Exclusive]
Scientific American
China has surpassed the US as the world’s largest investor in clean-energy technologies. Italy, Brazil and Germany are ranked third, fourth and fifth, respectively. Certain countries are increasing their investments faster than others, however,
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Markets show moderate gains at midday
Montreal Gazette
Gold hit a record in trading in New York on Tuesday morning, at $1449.90 US an ounce. At midday, it had slipped back to $1439.50, a gain of $6.50. The Canadian dollar was up 38 basis points to 103.74 cents US. Markets in mainland China and Hong Kong
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Hong Kong dollar’s future uncertain as yuan dominates
BBC News
Nevertheless, there is no doubt that China’s economy will continue to grow rapidly over the next several decades, and therefore China will become a greater force in the global business cycle. Will it then make sense for Hong Kong to shift its US
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Gold soars to record high
MSN Money
By TheStreet Staff on Tue, Apr 5, 2011 10:59 AM By Alix Steel, TheStreet Gold and silver prices were surging Tuesday as investors reacted to a disappointing read on growth in the US service industry, even as China took steps to fight inflation.
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Chilean Peso Weakens After China Rate Increase Hits Copper Price
Bloomberg
The peso fell 0.2 percent to 475.94 per US dollar as of 9:24 am New York time from 474.83 at yesterday’s close. Credit Suisse Group AG, Morgan Stanley and Bank of America- Merrill Lynch had said China might pause in tightening after three previous rate
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Loonie up, commodity prices recover after China hikes interest rates
CanadianBusiness.com (blog)
THE CANADIAN PRESS/Paul Chiasson TORONTO – The Canadian dollar was up more than a third of a US cent Tuesday ac commodity prices narrowed their losses following news that China is hiking interest rates to slow its economy and battle inflation.
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Sungrow Canada Inc Opens North American Headquarters
Marketwire (press release)
All products are fully redesigned and certified for the Canadian and US markets. The first models are 100kW, 250kW and 500kW inverters. Founded in 1997, Sungrow is the largest solar photovoltaic inverter manufacturer in China.
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China’s national team to face WNBA squads
USA Today
NEW YORK (AP) — China’s national women’s basketball team will play against WNBA teams in the league’s preseason during a US visit for the second straight year. Between those preseason games, China will also have scrimmages against the Washington
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US$10 mln triptych sets Chinese art record
China.org.cn
China overtook the US as the world’s biggest auction market for fine art in 2010. The sale is part of a 3600-lot series, and is Hong Kong’s first major auction of the year. It’s expected to show whether rising wealth in China will continue to drive an
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China’s growth creating stronger demand for livestock, poultry and dairy supplies
Western Farm Press
If the United States is to capture the long-term value of this change in the USChina corn trade relationship, Dorr believes it is important for both countires to develop a system that adequately signals demand, which, in turn, convinces US producers
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New Dinosaur Species Discovered in China
ABC News
“Zhucheng is an amazing place and we are at a nascent stage of understanding everything that Zhucheng is going to provide for us in the future.” Along with the T. Rex and the Asian Tarbosaurus, itself discovered in the 1950s, the Zhuchengstyrannus
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Stocks Turning In Another Lackluster Performance – U.S. Commentary
RTT News
the Bank of China said its benchmark one-year lending rate will be increased to 6.31 percent from 6.06 percent and the one-year deposit rate will rise to 3.25 percent from 3 percent, effective Wednesday. On the economic front in the US,
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US stocks slightly lower in early trade
International Business Times
The US dollar rose against its major counterparts on Tuesday, after China’s central bank surprised the markets by raising interest rates for the fourth time since October last year to curb inflation. The euro fell 0.40 percent to 1.4164 against the
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China: Peaceful military development
UPI.com
But cooperation with the United States remains difficult because of US military sales and support to Taiwan, which the communist government in Beijing has considered part of China since Chinese nationalist forces fled there during the civil war in 1949
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China Integrated Energy Announces Independent Third Party Investigation
PR Newswire (press release)
China Integrated Energy, Inc. may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission on forms 10-K, 10-Q and 8-K, in its annual report to shareholders, in press releases and other
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China’s Rare Earth Dominance: Another Global Resource Scramble in the Making?
Knowledge@Wharton
The US Geological Survey estimates that China has about 36% of the world’s reserves but it’s easier to extract the minerals in China for geological reasons. Also the country has, in the past, been more tolerant of the ecological damage the mines cause
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Dollar gains after China’s surprise rate hike
International Business Times
By IB Times Staff Reporter | April 5, 2011 1:00 PM GMT The US dollar rose against its major counterparts on Tuesday, after China’s central bank surprised the markets by raising interest rates for the fourth time since October last year, which weighed
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Obama to give priority to India ties in 2nd term
Economic Times
WASHINGTON: US President Barack Obama will continue to give priority to building ties with emerging powers like India, China and Brazil in rebalancing US foreign policy in his second term too. “It’s not related” to a second term, Obama’s press
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Reportlinker Adds Electric Vehicle Traction Batteries 2011-2021
PR Newswire (press release)
Coda Battery Systems, Yardney USA, Tianjin Lishen China 9.1.22. SB LiMotive Co. Ltd – Samsung Korea with Bosch Germany 10.2.2. Here come the Chinese – BYD, Brilliance, Geely, Chengfang 12.2.4. US Army trucks etc – ZAP, Columbia ParCar USA 14.3.
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American Airlines Becomes First U.S. Airline to Launch Daily Nonstop Service
PR Newswire (press release)
American is the first US airline to offer daily nonstop service from Los Angeles to Shanghai, the largest USChina air travel market. The new service is part of a series of recent and upcoming flights, as well as improved schedules, between the United
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American Airlines Becomes First U.S. Airline to Launch Daily Nonstop Service
PR Newswire (press release)
American is the first US airline to offer daily nonstop service from Los Angeles to Shanghai, the largest USChina air travel market. The new service is part of a series of recent and upcoming flights, as well as improved schedules, between the United
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