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U.S. China News 2011.07.30

Sat, July 30, 2011

China lobbies US during Taiwan talks
Taipei Times
NEGOTIATIONSMost commentators expect the US to turn down the request for new F-16s. Xinhua reported a Chinese official as saying that a sale could harm Sino-US ties By William Lowther / Staff Reporter, with AFP, Washington The US and China on Friday
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China paper castigates “irresponsible” US debt crisis
Reuters
The People’s Daily commentary appeared under the byline Zhong Sheng, a pseudonym that sounds like “Voice of China” or “Voice of the Center.” While the newspaper does not represent the official position of the Chinese Communist Party, it often reflects
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U.S. poised to join China, Spain in double-A club
MarketWatch
It’s worth noting that Japan has never missed a debt payment, and China is the US’s is biggest foreign creditor. Other double-A borrowers include Belgium and Spain, the latter struggling with surging borrowing costs, and the oil-rich states of Saudi
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Increasing oil demand in India, China leading to price rise: Us president
Economic Times
And with the demand for oil going up in countries like China and India, the problem is only getting worse,” Obama said in his speech on fuel efficiency standards for cars and light-duty trucks location. “The demand for oil is inexorably rising,
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China loses patience with US leaders who ‘kidnapped’ world finance
The Independent
By Tom Bawden China, the world’s biggest owner of US Treasuries, turned up the pressure on the US to sort out its sovereign debt woes yesterday as its official news agency labelled American politicians “dangerously irresponsible” for failing to resolve
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US praises China footage of aircraft carrier
Inquirer.net
WASHINGTON—The United States on Friday welcomed China’s rare public mention that it is building its first aircraft carrier, calling it a step toward better transparency between the Pacific powers. State television on Wednesday broadcast footage of the
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Singer will.i.am to work with US, perform in China
DAWN.com
AFP Photo WASHINGTON: US singer will.i.am, the frontman of the Black Eyed Peas, will partner with the State Department to promote cultural and educational exchanges with China by directing a concert in Beijing this year. The Grammy winner met with US
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Peas’ will.i.am to lead concert in China
UPI.com
UPI/David Silpa WASHINGTON, July 30 (UPI) — Will.i.am of the Black Eyes Peas will lead a concert of US and Chinese pop performers in China later this year, the US State Department said. The event in Beijing is part of an Obama administration program
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Asian Stocks Decline on U.S. Debt Deal Impasse, China Lending Restrictions
Bloomberg
for a second week in July, trimming the regional benchmark index’s first monthly advance since April, as US lawmakers failed to break a deadlock over raising the federal debt limit and China increased lending restrictions to local governments.
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Dell’s Honeycomb Streak 10 Launches in China for $465 USD, US Left Out
DailyTech
Unlike the aforementioned competitors, it will be exclusively debuting in China, only later coming to the United States and Europe. Dell has packed the tablet with basic apps, but due to China’s rules, it can’t have the Android Market or Google Maps
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Till debt does US apart
Hindustan Times
Their worries stem from an inescapable reality: for other governments, there is still no good alternative to holding the almighty dollar, or American Treasury bonds, even if the US gets tarnished by a once-unthinkable credit downgrade. China: China has
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How US Companies Can Build Relationships with China (Free Report)
RenewableEnergyWorld.com
The report: “How US Companies Can Build Relationships with China” is now available for free download. “People in cleantech view China the way the famous robber viewed banks: it’s where the money is.” – Craig Shields According to Craig Shields,
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A US Sovereign Credit Downgrade Is No Laughing Matter
Business Insider
China, as the largest foreign holder of the US debt, is totally freaking out. NPR reported that “State Department officials now admit that China has been using diplomatic channels to express its concern. It has sent several official demarches urging
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CONPLAN 5029 cedes controt to US and China in N.Korean emergency
한겨레
A claim has been raised that the South Korean government has tacitly consented to allow the United States and China to take the lead in dealing with a sudden situation in North Korea like regime collapse or large-scale riots.
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BGI Ltd. Becomes ChinaUS Energy Efficiency Alliance Partner
PR Web (press release)
The ChinaUS Energy Efficiency Alliance has officially welcomed BGI, Ltd, an integrated energy services provider based in Beijing, as the newest Alliance Leading Partner. The Alliance is a nonprofit organization dedicated to protecting the global
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Phelps takes 3rd gold at swim worlds in 100 fly
Merced Sun-Star
AP Photo – Britain’s Rebecca Adlington shows the gold medal she won in the women’s 800m Freestyle final at the FINA Swimming World Championships in Shanghai, China, Saturday, July 30, 2011. AP Photo – From left, US team members Melissa Franklin,
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Martial Foodie’s Dining Guide for 2011 US Capitol Classics & China Open
CultureMob (blog)
by Mickey Lee | 07/30/11 | The 2011 US Capitol Classics & China Open provides a wonderful opportunity to savor Washington, DC area’s incredible restaurants (clockwise from top-left corner): Vidalia, The Inn at Little Washington, Marcel’s,
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How China Could Make U.S. Stocks Soar
Motley Fool
By Dan Caplinger | More Articles With the debt ceiling debate still dominating the financial news, concerns about what China might do with its massive holdings of US Treasury securities have faded into the background. But regardless of whether the US
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China’s Guangdong province displays charm on US TV
People’s Daily Online
China’s southern Guangdong Province and its capital Guangzhou has become known to more Americans through the Weekend Explorer program aired across the United States. Two series of programs about Guangdong and Guangzhou, co-produced by Emmy award winner
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Swimming-World championship medallists
Reuters
Ryan Lochte (US) 2. Michael Phelps (US) 3. Laszlo Cseh (Hungary) 4×100 metres freestyle relay 1. Australia 2. France 3. United States 4×200 metres freestyle relay 1. United States 2. France 3. China 200 metres freestyle 1. Federica Pellegrini (Italy) 2
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Canfor sees India as new China as Canada pursues increased lumber exports
Winnipeg Free Press
“We’re kind of looking at it as perhaps where China was 10 years ago,” he said Friday during a conference call, a day after Canfor released second-quarter results. In May, China overtook the United States as the largest export market for BC lumber.
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DPRK, US resume nuclear talks
China Daily
If the two sides can not reach an agreement, relations between the US and the DPRK will return to square one, Piao said. “In general, it is up to the US and China to push for the Six-Party Talks. We will wait and see how the meeting unfolds,” Piao told
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China Puts US on eBay
SustainableBusiness.com
BEIJING (The Borowitz Report) – Showing its impatience with the debt ceiling stalemate in Washington, China today took the extraordinary step of putting the United States of America on eBay. Officials at the online auction site said they believed it
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Sun Yang poised to be China’s new swim star
msnbc.com
China’s swimmers have had a surprisingly strong meet thus far, winning four golds and 13 medals overall through Saturday — putting them just behind the US on the swimming medal table. While the team has a number of gold-medal contenders for the London
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Home design gets a global spin
Los Angeles Times
Though the US may have a $25 billion trade deficit with China, one American export clearly is surging: modern California style. “About six months ago the flood gates opened,” West Hollywood interior designer Jamie Bush said.
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Animal activists to lobby US ambassador over rodeo
China Daily
The rodeo, which will last from Oct 3 to 10 at the Bird’s Nest, the main stadium of the Beijing 2008 Olympic Games, is part of a cultural exchange program between China and the US. The Chinese government approved the event, billed as “the Super Bowl of
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Bolton Calls for U.S. to Close Listings Loophole, FT Reports
Bloomberg
Chinese companies use the practice by merging with a US shell company to avoid the scrutiny of an initial public offering, the newspaper cited Bolton as saying. He made his comments yesterday at the first general meeting of the Fidelity China Special
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ARF makes a contribution
The Japan Times
After the fireworks at last year’s meeting of the ASEAN Regional Forum (ARF), the big question at this year’s get-together was whether the United States and China would again clash over the South China Sea. They did not. Instead, China and ASEAN
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This Week on GPS: IMF chief Christine Lagarde and GM CEO Dan Ackerson
CNN (blog)
And then, Christine Lagarde, the new chief of the International Monetary Fund – we get her thoughts on the US, the Eurozone, and China. Also on the show, a look at who the Knights Templar really are, in light of the Norway killings.
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How to avoid going Dutch
New Zealand Herald
Those export receipts are benefiting from record high commodity prices as strong demand from China and India adds to the effects of inflation-causing money printing in America and China. America’s debt crisis is further weakening the US dollar against
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Spratlys not major news in US, European newspapers; STAR’s 25th anniversary
Philippine Star
I found that strange for a problem described by American and Filipino officials in local newspapers as a major issue that deserved international attention. There was some mention in some newspapers including the China Daily but the story was on the
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Sturgeon Bay Superintendent Stutting looks forward to China trip
Green Bay Press Gazette
Stutting is one of eight administrators in Wisconsin to take part in the USChina Administrator Shadowing Project. A news release from the Department of Public Instruction said the exchange program allows American and Chinese principals and
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GE Gets X-Rayed
Big Government
by TobyToons while GE’s CEO, Jeffrey Immelt, is one of President Obama’s advisers on US job creation. Obama’s jobs guy is shipping jobs to China. Think about that and you know all you need to know about o. Well, he’s only supposed to create GOVERNMENT
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‘Captain America’ appears as US image wanes
Minneapolis Star Tribune
Consider three recent polls from the Pew Research Center: The most recent, “Muslim-Western Tensions Persist,” followed the previous week’s “US Status as World’s Superpower Challenged by Rise of China” and the June 30 study “US Seen as Among the
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China-based Huawei Technologies opens regional headquarters in Bridgewater
newjerseynewsroom.com
“With the opening of the Bridgewater facility, we will continue close collaboration with US technology partners, suppliers and vendors, as well as research-oriented universities to deliver world-class integrated solutions to our US customers,” Charles
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China Likes Manufacturing, and Dow Chemical CEO Likes China’s Attitude
Elliott Wave
And long before China became the world’s factory, Bob Prechter said it in At the Crest of the Tidal Wave (1995): Ultimately, manufacturing supports all wealth. The fact that [US] manufacturing has been hit so hard and government has swollen so much
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Singer Patsy Cline’s restored house opening in US
China Daily
By Larry O’Dell (China Daily) WINCHESTER, Virginia – Patsy Cline fans curious about the early days of her brief but highly acclaimed country music career will finally be able to do more than just drive by her old house in Winchester and snap a picture.
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Franklin making a big splash on world stage
Denver Post
(Philippe Lopez, AFP/Getty) Like so many other things these days, it was made in China. But this one is all American, and it belongs to Missy Franklin. The Regis Jesuit High School student continued to raise hopes that she will be the next great US
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US growth and budget standoff woes hurt markets
Moneycontrol.com
Hong Kong’s Hang Seng index slipped 0.6% as Li & Fung, a leading supplier of toys and clothes to US retail giants such as Wal-Mart, fell back on worries about the US economy. China’s Shanghai Composite index lost 0.3% even as banks outperformed on a
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All checks, no balances
The Register-Guard
China, Japan and other creditors holding large portfolios of US Treasury bonds have signaled an interest in diversifying their holdings, noting that the issuer of the world’s safest instruments of credit is willing to degrade their value.
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Joy Global adds 10.5% to stake in China target
MarketWatch
Joy Global said the proposed acquisition would provide the US company with access to smaller mine operators that typically rely on equipment from Chinese manufacturers. As a US-based exporter of mining machinery to China, Joy Global said its market is
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US debt crisis – Live updates
NEWS.com.au
After all, who would expect the United States not to pay you back. So countries like Japan and China allowed the US to rack up a huge debt – the biggest in the world – because they believed they were good for it. 9.21pm Not up to speed on the problem?
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World Reacts To Debt Ceiling Debacle: ‘Irresponsible,’ ‘Worst Kind Of Absurd
Think Progress
But as the US inches closer to defaulting on its debts for the first time in history, criticism of Congress is starting to come from beyond our own borders. From France and Germany to China and India, countries around the world are angry that American
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Countdown for US bankruptcy
Pakistan Observer
If in the wake of this fight the international rating agencies will reduce the US rating this would have fatal consequences for world economy. While Hilary Clinton is trying to spread optimism in Asia on her journey to Hong Kong, China has already been
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“Economic Armageddon”: Washington’s Response to a Failed Ecomomy: More War
Center for Research on Globalization
Instead of making their products at home with American labor and providing Americans with jobs and states and localities with tax revenues, US corporations provided countries such as China, India, and Indonesia with GDP, jobs, consumer income and a tax
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