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U.S. China News 2011.05.14

Sat, May 14, 2011

Unnecessary US visa rules in countries such as China, India cost us billions
New York Daily News
As but two examples, consider what’s happening in China and Brazil – rapidly modernizing, increasingly wealthy countries that are generating ever larger amounts of travel. China has 450 cities of more than half a million people, but only three have US
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China and US grapple with military mistrust
Reuters
“The lack of high-level and sustained military-to-military engagement means that the whole of the USChina relationship remains unbalanced,” said Cheung Tai Ming, a senior fellow at the University of California’s Institute on Global Conflict and
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US Congressional Panel Concludes China is Increasing Its Crackdown on Dissent
Voice of America
But Democratic Congressman Donald Payne said the United States must speak out more strongly about human rights violations in China. “It is my strong belief that the United States cannot be indifferent to Chinese human rights violations.
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Marcos Rodriguez, American CEO and Entrepreneur, to Represent US in China
Benzinga
I invite anyone in the United States interested in exploring business opportunities in the Far East to join me on this adventure.” STA will be visiting China in conjunction with a trip facilitated by CEO Clubs Inc., a 33-year-old nonprofit organization
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China may not veto US move for action inside Pakistan
The News International
President Asif Zardari is currently on an official visit to Russia, whose foreign minister has unambiguously stated in the near past that his country fully backed the US action in Pakistan to kill Osama bin Laden. The only encouraging voice, China,
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Manufacturing in America: US Set for a ‘Manufacturing Renaissance’
ABC News
When the increase in wages is combined with the increasing value of the yuan, the wage gap between the US and China is narrowing rapidly. “China is no longer expected to be the default low-cost manufacturing location for those companies who are looking
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America’s Future Rests in Our Handling of China
Seeking Alpha
The rules have to change regarding selling into China. American companies need to be able to produce at home and sell there, not allow China to dictate the rules that force our firms to set up camp in China, teach the Chinese the ins and outs,
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Desire to please parents motivates kids at school
USA Today
By Jenifer Goodwin HealthDay Children in both China and the United States who want to please their parents tend to do better at school, new research finds. By Photodisc In both countries, kids who felt connected to their parents, who felt an obligation
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North Korea and Iran exchange missile technology: U.N. panel
Reuters
That country was China, several diplomats told Reuters on condition of anonymity. The report was submitted to the UN Security Council by a UN Panel of Experts, a group that monitors compliance with UN sanctions imposed on Pyongyang after it conducted
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China super rich set to propel luxury yacht sales
USA Today
There is plenty of room for growth, with about 1300 private yachts in China, according to figures cited by state media. In the US, the world’s biggest yacht market, there are 17 million privately owned recreational boats, according to industry
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Chinese stock scams are the latest U.S. import
IBNLive.com
The story of China MediaExpress has become an increasingly common one as US investors chase the next hot Chinese stock — only to find themselves victims of scams. Many of the questionable Chinese companies gain access to US capital markets through a
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USChina Strategic and Economic
Jutia Group
In this special Outside the Box, I’m including a STRATFOR video on Chinese economic strategy and USChina relations. They’re my number one source for important global matters, and this is just one slice of what they have on China, for example.
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Delaware event emphasizes exports
The News Journal
It’s like speed dating,” said Locke, whom Obama has tapped as this nation’s next ambassador to China. The biggest obstacles to US businesses selling abroad tend to revolve around getting financing and feeling certain they will get paid.
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Chinas honeymoon with US is now over
Times of India
LUCKNOW: After being disappointed by China, USA is now eyeing India as a partner in foreign policy. The two countries are multi-cultural democracies, which would help in better foreign exchange, said Dr Michael Auslin, director of Japan Studies at
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China’s Internet Bubble Could Hit Wall Street
Technorati
The Renren Inc. (RENN) was China’s first social networking service provider to be listed in the US on Wall Street. It is now trading at $19.50, which is an increase of over 40 percent from its issuance price. Could this possibly be a trend for Chinese
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Energy costs pinch economic recovery in US and EU – data
Arab Times
WASHINGTON/BEIJING, May 13, (RTRS): The global economic recovery is straining to move ahead, with data from the United States and Europe showing the impact of rising energy costs and China taking new steps to cool its growth.
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US, China to boost military ties
Channel News Asia
WASHINGTON: The US military will lay out the red carpet next week for China’s military chief as Washington renews its effort to forge a defence dialogue with Beijing despite tensions and mutual distrust. People’s Liberation Army (PLA) Chief of General
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Capitalist China
Pacific Free Press
Orville Schell is the Arthur Ross Director of the Center on USChina Relations at the Asia Society in New York. He is a former professor and Dean at the University of California, Berkeley’s Graduate School of Journalism.
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China came close to US because of Bhutto’s efforts: CM
Daily Times
He also said due to concerted efforts of Zulfikar Bhutto, China came close to US, so it can rightly be claimed that with Bhutto’s wisdom the relations between Pakistan and China got cemented. He added US had approached Bhutto to play his part in
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Sino-Global Announces Fiscal Third Quarter and Nine Months Financial Results
PR Newswire (press release)
As of March 31, 2011, the Company had US$5.3 million in cash and cash equivalents, compared to US$5.1 million in the year-ago period. Registered in the United States in 2001 and operating primarily in mainland China, Sino-Global is a leading,
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Pakistan and China
The Economist
India-US and ChinaUS are not likely to outright enemies. India-US relation may even look like allies. But India-China may not be very warm with each other. In such a scenario, it is important to keep the monkey alive which will keep poking India from
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Chinese commerce minister calls for easing of trade frictions with Argentina
Global Times
China and Argentina are now important trading partners, said Chen, who arrived here from Washington, where he had attended the just-concluded ChinaUS Strategic and Economic Dialogue. Bilateral trade grew by 53.9 percent in the first quarter of this
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‘On China,’ by Henry Kissinger
San Francisco Chronicle
By Henry Kissinger No living American has played a more important role than Henry Kissinger, the former national security adviser and secretary of state, in bringing about the historic rapprochement between the United States and China.
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Japan’s Disaster May Accelerate Realignment in the East
American Thinker
They Mainland China now wants the art back. The watching world may also expect increasingly strengthened ties between Australia and China with diminishing ties to US and its ally, Japan. That is because regardless of Australia and New Zealand’s
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IRZ helps develop Chinese irrigation
East Oregonian
He’s part of a team working to help a US client optimize water use in an arid region of China. Wattenburger shared information about the project and his impressions of what he observed there at the Hermiston Rotary Club on Thursday.
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Stocks Fall as Dollar, US Treasuries Advance; Commodities Rise
Bloomberg
(Source: Bloomberg) May 12 (Bloomberg) — Wolfgang Koester, chief executive officer of Fireapps Inc, talks about volatility in global currency markets and the outlook for China’s yuan. Koester talks with Lisa Murphy on Bloomberg Television’s “Fast
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CRI Hourly News (updated at 08:00 2011/05/14)
CRIENGLISH.com
China has expressed satisfaction about the accomplishments made during the third round of the ChinaUS Strategic and Economic Dialogue (S&ED) held in Washington from May 9 to 10. Foreign Ministry spokeswoman Jiang Yu in a statement that China is
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Aquino gets tour of US carrier which buried bin Laden at sea
Philippine Star
President Aquino (second from left), accompanied by senior Cabinet members, gets a tour of the Nimitz-class aircraft carrier USS Carl Vinson somewhere in the South China Sea yesterday. The USS Carl Vinson, from which Osama bin Laden’s body was buried
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China says top artist will “be punished”
CBS News
NOT made in china. rare to find made in the usa. by im_ur_king May 14, 2011 3:59 AM EDT In 1935, China established gun control and from 1948 to 1952, 20 million political dissidents, unable to defend themselves, were rounded up and exterminated.
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US Stocks Decline, S&P 500 Records Second Week of Losses
Bloomberg
Cliffs Natural Resources Inc. (CLF) and Freeport-McMoRan Copper & Gold Inc. (FCX) slumped at least 3.7 percent as data from China increased expectations for higher interest rates. Boston Scientific Corp. (BSX) plunged 11 percent, more than any other
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Cooley Making Plans to Open Shanghai Office
The National Law Journal
“Becoming international at the right time and in the right way became an imperative for us,” Conroy said. Cooley already has an ongoing relationship with the London firm Olswang. And it’s been representing clients in China for years, with the help of
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Taiwan News Encyclopedia: Center for Strategic and International Studies
Radio Taiwan International
CSIS has put a large emphasis on US policy towards Mainland China and Taiwan. In particular, the think tank has focused on the rise of Mainland China’s military power and its influence on the region, as well as trilateral US-Taiwan-Mainland China ties,
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Chicagoans Celebrate Falun Gong
The Epoch Times
Arrested for her practice of Falun Gong, she suffered torture and in 2008 fled China for the United States, where she obtained asylum. She says the meaning of Falun Dafa Day is found in the principles of truthfulness, compassion, and tolerance,
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Alibaba Says Alipay Spinoff ‘Lawful’ After Yahoo’s Failed-Disclosure Claim
Bloomberg
Through its stake in Alibaba Group, China’s biggest e- commerce company, Yahoo is able to benefit from rising Internet demand in the Asian nation, where restrictions on Web content make it hard for US companies to do business on their own.
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Chen Says Sybase Wants `Level Playing Field’ in China
Washington Post
May 13 (Bloomberg) — John Chen, chief executive officer of Sybase Inc., talks about USChina trade relations and his company’s strategy. Sybase was acquired last year by SAP AG. Chen spoke with Bloomberg’s Sara Eisen in New York yesterday.
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Jon M. Huntsman Jr.
Boston Globe
Political resume: US ambassador to China (Aug. 2009-April 2011); governor of Utah (2005-2009); US ambassador to Singapore (1992-1993); staff assistant to President Reagan; deputy assistant secretary of commerce for trade development under President
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Grim choices…Pakistani criticism…China rejects Clinton criticism
9&10 News
BEIJING (AP) — China is brushing off US criticism of its human rights record by Secretary of State Hillary Rodham Clinton. China’s foreign minister also says it’s wrong to compare China to countries that have faced recent unrest.
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WEEKEND MARKET REVIEW
Inside Futures
Are China and Japan going to buy a $1.00 break? Are end users getting comfortable as world coarse grain stocks expand for the third consecutive month? Does the US livestock producer have the will to buy corn or protein while livestock prices continue
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As Business Goes East, Global Integration Calls for Greater Cultural Sensitivity
San Francisco Chronicle (press release)
US Trade with India was around 49 billion in 2010 (4), and with China almost $457 billion (5). India seeks to increase its bilateral trade with the UK to £24 billion in the next few years (6). Businesses have good reason to look East for business:
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Cat executive calls for tax reform
Peoria Journal Star
“In China, the corporate tax is 25 percent. If Caterpillar earns $1000 there, we pay $250 to China. If we bring that money back to the United States, we must pay another $100 to the US Treasury, bringing the total tax rate to 35 percent.
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