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U.S. China News 2011.05.24

Tue, May 24, 2011

China to US: Hands off Pakistan
Hot Air
The warning was formally conveyed by the Chinese foreign minister at last week’s ChinaUS strategic dialogue and economic talks in Washington, The News daily quoted diplomatic sources as saying. China also advised the USa to “respect Pakistan’s
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China challenges WTO ruling on US tire tariffs
GENEVA (Reuters) – China appealed a ruling by the World Trade Organization on Tuesday, insisting the United States flouted international trade rules when it imposed trade barriers on car tires imported from China, a WTO spokesman said.
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Electric Cars Have Buzz In China; U.S., Not So Much
The Car Connection (blog)
In the United States, 77 percent of respondents preferred home charging to other alternatives, while in China only 35% of respondents would prefer charging at home. Accenture’s study looked at the origin of the electricity as a point of concern.
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US Must Adapt to China’s New Patterns of Growth
World Politics Review
For the United States, China’s largest economic partner, the implications of this new multidirectionalism are significant. But with recent figures showing that bilateral investment between the two countries is contracting, the US must adapt its
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China steps up pork imports from U.S.
By Xu Ming BEIJING ( Caixin Online ) — China is stepping up pork imports from the United States to fill a supply gap at home. In the eight months to February, the US had exported 192500 tons of pork to mainland China, while US pork exports to Hong
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Top military official’s visit promotes ChinaUS military ties
People’s Daily Online
His visit to the United States attracted wide attention from both media agencies and ordinary citizens at home and abroad because it was not only a major sign for the improvement of ChinaUS military ties but also met the high public expectations on
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US sanctions Venezuela’s oil giant for Iran trade
Most of the companies and individuals — based in China, North Korea, Iran, Syria, Venezuela and Belarus — were sanctioned due to dealings with Iran, Steinberg said. The new US move will exclude them from US government contracts, bar certain weapons
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ABA Accreditation for Law School in China Runs Up Against US Job Fears
The National Law Journal
Which seems like it should be a no-brainer, except that this law school is located in Shenzhen, China. Lehman has long hoped to make the Peking University School of Transnational Law (STL) the first law school outside the United States to be accredited
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Copper slides 3pc on China, strong $US
The Australian
“It would be very nice to see strength in either Western economies or China, at the moment you’re not seeing either,” said Justin Lennon, base metals analyst with Mitsui Bussan Commodities in New York. A stronger US dollar added to copper’s declines.
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Should the US sell fighter jets to Taiwan?
Statesman Journal
The delays and mixed signals are a balm to Beijing, which is taking over the pivotal position in the Taiwan-ChinaUS relationship, one of the keys to maintaining stability in the western Pacific. Ma has made economic engagement with Beijing a
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Obama avoids treading on China’s toes in Middle East
Global Times
As things stand, there is still the possibility for China and US to cooperate on the issue of the Middle East and North Africa’s transition. The turmoil and upheaval in the two regions this time are not only political storms but also touch upon
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Why I’m Still Bullish on U.S. Listed China Food Stocks
Seeking Alpha
The cleansing process in the US-listed China space is already going on for a while now, but as an investor you have the obligation to add future alpha to your portfolio. One way to outperform the market is to look for sectors/markets that are out of
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US-Israeli defense technology collaboration began with confrontation
Washington Times
It and other major defense projects were developed through a US-Israeli partnership. (Israel Aerospace Industries via Associated Press) Six years after the Pentagon cut off Israel from defense technology over concerns about leaks to China, US military
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US team visits North Korea as Kim Jong-il is away in China
International Business Times
By IBTimes Staff Reporter | May 24, 2011 7:29 AM EDT North Korea’s secretive leader Kim Jong-il toured east China on Monday, while the US government team flew to North Korea to assess food shortages. Robert King, US special envoy for North Korean human
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Stephen Yates On Taiwan’s Presidential Election, US Arms Sales
Forbes (blog)
What’s ahead for US ties and arm sales to Taiwan? To find out more, I recently talked in Taipei to Stephen Yates, a former China specialist in the office of Vice President Dick Cheney and long-time Taiwan expert who is currently president of DC
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Two top China Wal-Mart executives quit
N) China business, leaving a leadership vacuum in country earmarked as having strategic importance for the US retailer. Chief Financial Officer Roland Lawrence and Chief Operating Officer Rob Cissell for Wal-Mart in China have resigned “to explore
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HK Dollar Down Late On European Debt, China Growth Concerns
Wall Street Journal
HONG KONG (Dow Jones)–The Hong Kong dollar fell slightly against the US dollar Tuesday due to lukewarm local equities amid lingering concerns about the European debt crisis and slower growth in China. In late Asian trade, the US dollar was at
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Rising China, Bleeding US: Way off the Mark? Blatant Lie?
American Thinker (blog)
Will US allow China to put troops to protect it from Blood soaked Mexican border, rebuild New Orleans or send high school drop-outs and drug addicts back to school and work? Why shouldn’t our young people rebuild America instead of squandering it all
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U.S. stock futures rise; housing data ahead
Oil futures pare some of their Monday losses, helped by China oil-demand data and a Goldman Sachs upgrade, though a gain in the US dollar helps limit the rebound. See full story. Oil futures pare some of their Monday losses, helped by China oil-demand
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US surprised, happy at SAARC observer offer
The Hindu
The Hindu BALANCING ACT: New Delhi’s invitation to the US to participate in SAARCas an observer was seen as a bid to offset Pakistan’s request in include China in the group. Photo: VVKrishnan The United States was surprised by an Indian suggestion in
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Falun Gong devotees in US sue Cisco
Computer Business Review
The case is being handled by the Washington-based Human Rights Law Foundation, which has handled other legal issues for Falun Gong followers, on behalf of residents in the US and some Falun Gong survivors from China. Cisco has refuted the claims,
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Sector Snap: US-traded Chinese companies tumble
An index that tracks US-traded Chinese companies fell 2.2 percent Monday. The index was put together by Bank of New York Mellon Corp. Also on Monday, shares in mainland China dropped almost 3 percent, the most in more than four months.
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DEALTALK-Private equity wants to take China orphans home
Last week, Bain Capital Partners agreed to buy US listed China Fire & Security Group Inc for $265.5 million, becoming the first major global buyout firm to close in on such a deal.[ID:nL4E7GK2VF] A slew of other buyout deals are in the works,
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Ou is a native and citizen of the People’s Republic of China who entered the United States in 2005. He was later placed in removal proceedings for having entered the United States without being admitted or paroled. Ou conceded removability and applied
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Syria to align with China, Russia in response to EU sanctions
AHN | All Headline News
China and Latin America, Syrian Foreign Minister Walid Mualiem said on Monday. Through this shift in diplomatic policies, Syria seeks to show to the EU and the US that there are other global powers they could count on, Mualiem said.
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China Sunergy’s CEO Discusses Q1 2011 Results – Earnings Call Transcript
Seeking Alpha
Speaking of the US, we have just setup this company in San Francisco. China Sunergy US Clean Tech Inc, that will serve as our US headquarters. We are working hard and confirming bankability in US and we are close to naming someone to head up our US
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Hanwha SolarOne sees demand from new solar markets
However, Hanwha expects shipments to rebound in the beginning of the third quarter, helped by potential markets like the United States and China, besides demand from the German market. Hanwha said it plans to build a substantial market in China as
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Sands China seeking US$3.5 billion loan
Macau Business
Sands China is seeking a US$3.525 billion loan deal, Bloomberg reported, quoting a person familiar with the matter. Media last month reported the company was looking for US$3 billion, but it seems it has raised its target. Proceeds will be used for
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Biggs Says Bears Have It Wrong on US Stocks Even as Global Economy Slows
Those issues will be resolved, while the US market remains reasonably priced on an earnings basis for the next year. “I still believe in emerging markets, particularly Asia,” he said today. “China is going to be a terrific stock market in the second
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Critics Continue Targeting Hon Hai Over Hazards of Dust
Wall Street Journal (blog)
Mr. Zhong said there were five polishing explosion accidents in China last year that resulted in several deaths. China and the US are near equals when it comes to their contribution to global manufacturing. But the US appears far more forthcoming in
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Analysis: World craves ever more coffee despite soaring price
Faster paced lifestyles in China and other Asian economies where economic growth has been strong have helped to keep consumption of coffee firmly on an upward path. The International Coffee Organization estimates that global coffee consumption rose 2.4
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