Skip to content

U.S. China News 2011.06.15

Wed, June 15, 2011

US Grills China About Cyber Attacks
InformationWeek
By J. Nicholas Hoover InformationWeek In another sign that the United States government is concerned with the threat of cyber attacks originating from China, a top State Department official recently raised the case of a hacked US political site
See all stories on this topic »

China and allies back Russia against U.S. missile shield
Reuters
By Alexei Anishchuk ASTANA (Reuters) – Russia won the backing of China and other members of a regional security body in criticizing US plans for a missile shield, saying on Wednesday it could undermine global security.
See all stories on this topic »

Clarke: US lags in ‘guerrilla cyberwar’ with China
CNET (blog)
by Don Reisinger The US government is failing to safeguard American businesses from persistent and widespread online attacks emanating from China, former US national security official Richard Clarke argues in The Wall Street Journal today.
See all stories on this topic »

US Sen Schumer Drumming Up Support For Currency Bill Targeting China
Wall Street Journal
By Ian Talley Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)–US Senator Charles Schumer (D., NY) and a bipartisan group of seven other colleagues are drumming up support for a currency bill targeting China, according to a letter to lawmakers.
See all stories on this topic »

Kissinger, Huntsman: US, China need cyber detente
Reuters
By Paul Eckert and Daniel Magnowski NEW YORK/SINGAPORE (Reuters) – The United States and China need to reach an agreement to restrict cyber attacks and designate some areas as off limits to hacking, two former senior US officials said on Tuesday.
See all stories on this topic »

The Circuit: Ex-WH press secretary to Facebook; US, China need cyber attack
Washington Post (blog)
Experts say US, China need rules on cyber attacks: In remarks Tuesday, former secretary of state Henry Kissinger said that the US and China need to agree on restricting cyber attacks and outline clearly what areas are off-limits for hacking,
See all stories on this topic »

South African Stocks Drop to 3-Month Low on U.S. Economy, China
Bloomberg
By Sikonathi Mantshantsha – Wed Jun 15 14:37:41 GMT 2011 South African stocks declined to the lowest level in almost three months, led by global mining companies, as slower-than-estimated US manufacturing output and concern China will raise rates sent
See all stories on this topic »

Las Vegas Sands’ China Subsidiary Gets US$3.5 Billion Refinancing
RTT News
The proceeds would be used to retire the outstanding balances on Sands China’s existing US$2.7 billion Venetian Macau Credit Facility and its US$1.75 billion Venetian Orient Limited Credit Facility. The proceeds would also be used to fund the
See all stories on this topic »

Stocks Rally on China Output, U.S. Retail Data; Treasuries Drop
San Francisco Chronicle
“We’ve seen some bright spots in both China and the US today, which are helping drive this rally forward.” The S&P 500’s gain was led by commodity producers, industrial and consumer companies, with all 10 of the main industry groups advancing.
See all stories on this topic »

China to buy US$5.5 billion worth of Taiwan-made panels: TAITRA
Focus Taiwan News Channel
The group’s procurement plan for 30 million panels was announced at the signing of a memorandum of understanding Wednesday between TAITRA and the China Video Industry Association (CVIA), on industrial exchanges of smart technologies such as connected
See all stories on this topic »

Pawlenty Defense: If China Can Do It, So Can US
Wall Street Journal (blog)
Tim Pawlenty delivers a speech during a luncheon hosted by the local American Chamber of Commerce in Shanghai, China, on Monday, Sept. 13, 2010. Republican presidential hopeful Tim Pawlenty’s economic plan, which calls for setting a target of 5% gross
See all stories on this topic »

ABB expanding in Brazil, China and USA
Live Trading News
“The workforce will be recruited locally,” a ABB spokesman said, adding that ABB is also hiring in China and in the USA. ABB employs roughly 124000 workers Worldwide. Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report
See all stories on this topic »

Huntsman to announce White House run
Reuters
So if you want a strong USChina relationship, I would argue that we probably have a little bit of work here in our own backyard.” Congressional Republicans and Democrats are currently negotiating ways to bring down the deficit and reduce federal
See all stories on this topic »

iFive: Pandora Prices IPO, ChinaUS Cyber War?, Color Loses Founder, Next-Gen
Fast Company
Henry Kissinger and the former US Ambassador to China are calling for a detente between the US and China on the subject of cyberattacks–placing the high-level conflict on the same politically charged footing as nuclear proliferation and the
See all stories on this topic »

South China Sea: Beijing excludes the use of force, but warns US
AsiaNews.it
Hanoi prefers instead a “multilateral” approach, whilst Manila calls for US help. China warns that “internationalising” the issue will make matters worse. Beijing (AsiaNews/Agencies) – China will not use force in South China Sea disputes.
See all stories on this topic »

Hong Kong Swing Between Gains and Losses on U.S. Data, China
San Francisco Chronicle
June 15 (Bloomberg) — Hong Kong stocks swung between gains and losses after a report showed US retail sales were better than forecast and China’s central bank ordered lenders to set aside more cash as reserves. Li & Fung Ltd., a retailer which
See all stories on this topic »

US names 14 nations with human rights lapses
The Associated Press
Donahoe condemned the killing of an Iranian activist and criticized Burma for holding 2000 political prisoners and Belarus for sentencing three opposition presidential candidates to prison. She said the US opposes China’s “growing number of arrests and
See all stories on this topic »

Houghton Mifflin Harcourt to Publish First Comprehensive Account of USChina
Business Wire (press release)
Drawing from unparalleled insider sourcing, Wise discloses the extraordinary successes and penetrations of American national security achieved by the Chinese. New revelations include how the CIA learned China had discovered the details of America’s
See all stories on this topic »

US, China Economic Data Ease Hard Landing Fears
Investor’s Business Daily
The spike in oil prices earlier this year and supply disruptions from Japan’s earthquake have cooled economic growth in the US, China and elsewhere, economists say. But they expect activity to pick up again now that oil has fallen from its peak and as
See all stories on this topic »

Many American Flags Made in China
WSAZ-TV
But many of the US flags flown today are a lot different from those flown way back in the day. Not only are there more stars, but many of the flags are now made in China. “I can’t believe it,” said Jennifer Haught of Huntington.
See all stories on this topic »

The wrong part of China in Manhattan
Asia Times Online
But 2011 has not been kind to investors who sought out China’s US publicly listed companies. Already the disgrace of China Electric Motor, Longtop Financial Technologies, Puda Coal, China MediaExpress, Subaye and a handful of others has drawn attention
See all stories on this topic »

US Indexes Up 1.3%; Global Markets Advance on China Data
123Jump.com
4:00 PM New York – World markets gain after China reported strong industrial production and retail sales. US retail sales declined for the first time in ten months on weak auto sales. Merger news dominated for the second day this week.
See all stories on this topic »

Colombia, Tired Of Waiting For US Trade Deal, Forges China Ties
NASDAQ
China has been making inroads in Latin America for some time. In 2009, it supplanted the US as Brazil’s largest trading partner, and Venezuela’s leftist President Hugo Chavez has for years been allowing Chinese companies to set up shop in oil fields
See all stories on this topic »

Ahmadinejad calls for regional security alliance to counter US influence
The Guardian
Photograph: Sasha Mordovets/Getty Images Iran’s president, Mahmoud Ahmadinejad, has called for a security alliance of several former Soviet nations and China to form a united front against the west. Ahmadinejad’s address to heads of state at the summit
See all stories on this topic »

METALS-Copper eases on dollar, US economy worries
Reuters
“More downward pressure on the dollar would be supportive for commodities, but the more overriding effect is concerns over slowing in China. We still think there is more tightening to come,” Wilson added. China’s central bank has raised interest rates
See all stories on this topic »

Gold extends gains on US, Chinese data
Reuters
SINGAPORE (Reuters) – Gold extended gains on Wednesday after data showing strong economic growth in China stoked fears of inflation, and as US retail sales fell less than forecast. * Spot gold added $1.44 an ounce to $1524.69 an ounce by 0034 GMT.
See all stories on this topic »

NY Session: Risk rallies following China data, US retail sales
FXstreet.com
by Forex.com Research Desk – FOREX.com | View company’s profile The rally in risk sentiment which was seen following positive China data overnight was extended during the NY session as US retail sales came in better than expected.
See all stories on this topic »

China’s Systematic Hacking Of The US
Business Insider
Image: AP China is systematically hacking into US networks, stealing source code, research, manufacturing advancements, and government plans. In an opinion article at the Wall Street Journal, national security specialist Richard Clark says the attacks
See all stories on this topic »

US Ex-Im Bank Head Vows To Compete With China’s State-Backed Financing
Automated Trader
By Tom Barkley WASHINGTON -(Dow Jones)- The head of the Export-Import Bank said Wednesday the US would act aggressively to match export-financing deals being offered by China and other emerging economies when the terms appear to be providing an unfair
See all stories on this topic »

Lenovo Readies Two Android Tablets, Windows Tablet for US Launch
Gotta Be Mobile
Smartphone users hoping to get a Lenovo branded phone experience in the US will have to wait another 12-18 months, according to Read, who says that the company will focus on China and emerging markets right now. The US smartphone market is crowded and
See all stories on this topic »

Nikkei set to climb, helped by yen, US retail figures
Reuters
TOKYO, June 15 (Reuters) – The Nikkei stock average is set to climb on Wednesday, helped by a weaker yen and US retail sales figures that were not as bad as expected, while resource-related stocks may also gain on rising commodity prices. China’s
See all stories on this topic »

Florida firm agrees to settlement over toxic drywall
CNN International
By Vivian Kuo, CNN The CPSC says US homeowners alleged that some drywall from China corroded metals and caused health problems. (CNN) — A Florida company that was sued after thousands claimed they used toxic drywall imported from China agreed to a $55
See all stories on this topic »

China downplays risk to children from lead poisoning: report
Reuters
“The doctor told us all the children in this village have lead poisoning. Then they told us a few months later that all the children are healthy. They wouldn’t let us see the results from the tests though,” said a parent from Yunnan province quoted in
See all stories on this topic »

NYMEX-US crude up more, post-settle, on API draw
Reuters
DXY * Copper rose 3 percent, its biggest one-day rally in nearly three months, as data from China and the United States pointed to getter growth prospects for the world’s two largest economies. [MET/L] * Gold rose, snapping two days of losses,
See all stories on this topic »

The Morning Fix: Warner Bros. cables into China! Oscar changes rules … again
Los Angeles Times
The Skinny: Man, if Hugh Hefner can’t find love, what are the odds for the rest of us? Oh well, he has more fun trying then we ever will. In real news, Warner Bros. has found a new way into China. The Oscar Awards selection process just got more
See all stories on this topic »

Japan, Australian Futures Gain on Better-Than-Forecast U.S. Retail Sales
Bloomberg
Van Rijn also discusses China’s economy and initial public offerings in Hong Kong. He speaks with Susan Li on Bloomberg Television’s “First Up.” (Source: Bloomberg) Japanese and Australian stock futures gained after a report showing US retail sales
See all stories on this topic »

Md. gov touts economic development trip to Asia
Forbes
“Being with the governor and the state, it established us as an entity of trust right away,” Lin said in an interview. O’Malley cited plans by one of China’s leading biopharmaceutical companies, the Tasly Group, to invest $40 million in a new
See all stories on this topic »

Lucintel’s Regional Benchmarking for Wind Energy Industry of BRIC Countries
Bradenton Herald
Traditional industry leaders, such as Europe and the US, lost market share in 2010. China emerged as the world’s largest wind energy market with 22% of global installed capacity, growing through strong government support from feed-in-tariffs and
See all stories on this topic »

JIN FU WENG v. U.S. ATTORNEY GENERAL
Leagle.com
The Department of Homeland Security issued Weng a Notice to Appear, alleging that he was a native and citizen of China who entered the United States without being admitted or paroled by an immigration officer. The notice charged that Weng was removable
See all stories on this topic »

Nearly 400 satellite crash notices sent to Russia, China
Spaceflight Now
BY STEPHEN CLARK TONBRIDGE, England — Since instituting a new policy to inform commercial and international satellite operators of collision threats, the US Air Force has issued hundreds of notifications to Russia and China warning of possible crashes
See all stories on this topic »

Coltrane’s house among endangered buildings in US
Austin American-Statesman
In this photo taken June 14, 2011, China Alley is shown in Hanford, Calif. China Alley, a Chinese neighborhood in this small, rural town, once bustled with a temple, herb shops and gambling dens. Now what once was one of the biggest Chinatown’s between
See all stories on this topic »

RELAY FOR LIFE TO HONOR AREA RESIDENTS TOUCHED BY CANCER
Port Huron Times Herald
East China – The American Cancer Society’s Relay For Life event is often defined as a celebration of life, symbolizing the courage and spirit of the more than 500000 cancer survivors who, each year, proudly walk the event’s survivor lap at more than
See all stories on this topic »

PRECIOUS-Gold slips as equity losses, weak oil weigh
Reuters
“Euro zone — and perhaps soon US — sovereign debt concerns remain critical, there is a lot of liquidity still and China’s growing middle class can’t get enough of the yellow metal,” said David Thurtell, analyst at Citi. A group of top US lawmakers
See all stories on this topic »

Students’ grasp of US history lags
Boston Globe
according to results of a nationwide test released yesterday, with most fourth-graders unable to say why Abraham Lincoln was an important figure, and few high school seniors able to identify China as the North Korean ally that fought US troops in
See all stories on this topic »

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: