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U.S. China News 2011.08.20

Sun, August 21, 2011

Biden reassures China US is solvent
UPI.com
Biden met with China’s Deputy Foreign Minister Cui Tiankai in Beijing, where he said China and the United States together should work at improving the global economy. “Both China and the United States have showed the confidence in the fundamentals of
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Silver Pen letter: Advice for China should apply in US
Appleton Post Crescent
It was about the future of China, but what was particularly interesting were his implications for the US Roach is professor at Yale University, but his primary job the past 20 years is as an economist for Morgan Stanley. The interviewer asked him if
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Investors seeing gold in US farmland, infrastructure
Reuters
Amid China’s voracious appetite for grains and worries about climate hurting crops and food supplies in many countries, US agriculture’s attraction as the world’s breadbasket has become a beacon for Wall Street. Firms like Omaha-based Gavilon,
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Why airport photo of Ambassador Gary Locke went viral in China
Los Angeles Times
The photo looks innocent enough: Newly named US Ambassador to China Gary Locke buys a coffee at a Starbucks in Seattle-Tacoma International Airport. The former governor of Washington and first Chinese American to serve in the post has a backpack on and
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US expert urges F-16 sale
Taipei Times
If the report turns out to be true — and both sides deny it — Fisher says that pleasing China on this issue will have come at the cost of weakening the US‘ longstanding commitment to Taiwan’s autonomy. Fisher says that “on a purely military score,”
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China And The U.S. Debt – Analysis
Eurasia Review
Take, for example, Xiang Songzuo, deputy director of the Institute of International Currency Studies at Renmin University, who believes that the United States should provide “exchange loss and inflation loss warranty for China’s investment in US
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A new test for bilateral ties
China Daily
The flow of communications between China and the US on bilateral and international issues and their deepened coordination and cooperation in a variety of fields after Hu’s visit show that Sino-US relations have the potential to be taken to newer
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Postcard from China: Scoop Jardine clues us in about his experiences thus far
Syracuse.com (blog)
By Donna Ditota/The Post-Standard USA BasketballScoop Jardine is in China, competing for a gold medal at the World University Games. Scoop Jardine is having the time of his life. The fifth-year Syracuse University point guard is in Shenzhen, China,
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US, China bicker over Cyber terrorism
Vanguard
By HUGO ODIOGOR Diplomatic tension between China and the United states over cyber terrorism took the centre stage yesterday as Washington accused Pyongyang of developing an army of 180000 cyberspies capable of destroying vital infrastructure,
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Deported: Taiwanese who attempted to export US military equipment to China
Shanghaiist
Homeland Security agents found Moo attempting to purchase and export a variety of military parts on China’s behalf, including a F-16 aircraft engine for the Shenyang Aircraft Corporation, and also an AGM-129 cruise missile. Moo, formerly the top rep in
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Guest essay: Congress is mismanaging our economy
Henrietta Post
Will the next step be to outsource fiscal oversight to China or India? Surely American economists are advising the politicians, but will they ever listen and act upon the advice? President Barack Obama says that we do not need China to tell us to lower
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Markets decline on the back of US plunge
China Daily
By Zhang Shidong (China Daily) SHANGHAI – Stocks on the Chinese mainland fell on Friday, capping a fifth week of losses for the benchmark index. A trader examines screens at the New Rork Stock Exchange as markets tumbled this week. A plunge in US
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Is Canadian Oil Bound for China Via Pipeline to Texas?
National Geographic
“There will be too much oil, it’s got to go somewhere, and it’s going to China,” Verleger says. He also dismisses any notion that the US would gain added security by importing more oil from its friendly neighbor to the north.
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Man leads effort to export Michigan products — not jobs — to China
MLive.com
By Chris Knape | The Grand Rapids Press Matt Gade | Muskegon ChronicleTim Parker is exporting a variety of Michigan products to China. GRAND RAPIDS – Tim Parker is fighting the $273 billion USChina trade deficit one case of Michigan-made peanut butter
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How Will Market Volatility Affect US-Chinese Economic Relations?
PBS NewsHour
Jeffrey Brown discusses US and Chinese economic relations with MIT’s Yasheng Huang and Commentary.com’s Gordon Chang. JEFFREY BROWN: And for more on the US and China amid the current financial turmoil, we go to Yasheng Huang, professor of international
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Stock Plunge: Digging a Hole in China
Barron’s
Asensio showed that those patents have been licensed to a string of US public companies—none now valued by the market at more than $4 million. For now, SinoTech has a market value of $155 million. Stock prices gyrated, then sank as the week progressed
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Delle Donne double-double sparks US into final
The News Journal (blog)
The challenge became more difficult for the United States women’s basketball team at the World University Games in Shenzhen, China, today but the US overcame Australia with a big boost from Elena Delle Donne. The University of Delaware junior led the
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Illinois Treasurer Rutherford heading to China
Chicago Tribune
We encourage you to help us uphold these standards by reporting abuse where appropriate. Ignoring the standards will result in your comment being removed. Repeat offenders will be banned. If warranted, we will take down entire comment boards.
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Bridge links to China
Monroe News Star
“Huawei is pleased to honor General Chennault’s legacy as a bridge between the US and China.” Museum Director Nell Calloway, Chennault’s granddaughter, said the check will be used to expand and enhance the Chennault story.
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Who disrupts Pak-China relations?
Frontier Post
American close ally, Israel also took it as a greater threat from a Muslim country. China which has invested billion of dollars to develop Gwadar seaport which could link Central Asian trade with rest of the world, irritates the US and its allies India
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Guess Where Coca-Cola Is Investing $4 Billion
Forbes
It is the company’s biggest ever China investment following the $2 billion it invested in the country in 2009. Who says American companies aren’t investing? They are. Billions, in fact. Only, they are just not investing here in the US Atlanta based
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MU study: China saving more money than the US
Missouri News Horizon
“In the US, unemployment insurance and other welfare programs provide a relatively sound safety net, whereas in China, there are no such social-welfare programs,” Yao said. “As a result, Chinese households must resort to family support or previous
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Talk of the County
Chicago Sun-Times
All our jobs and everything are being sent back to us from China. They’ll be making our babies soon if we’re not careful. To all the people praising Larry TenPas: He promised to do something for us, but never followed up on it.
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Europe and U.S. Woes Slam Stocks Again; Next, QE3?
Barron’s
A pause in Europe and the US won’t spare China’s export-driven economy, which has been growing at nearly a 10% clip. Deutsche Bank economist Jun Ma reckons there’s a 60% likelihood that the US and Europe could slow to 1.4% over the next 12 months,
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Our economy’s fate now rests with China
Herald Sun
Source: The Australian IN 2008 we were very lucky, to have our economy tied to China. Our superannuation might have been shredded by the global financial meltdown that started on Wall St. But our basic economy, what gives us jobs and a weekly pay
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Darius Miller, US fall to Lithuania in WUG quarterfinals
Lexington Herald Leader
University of Kentucky senior Darius Miller scored one point and had four rebounds in the US team’s 76-74 loss to Lithuanaia Saturday in Shenzhen, China. Plagued by ice-cold shooting, including 0-of-14 from 3-point in the second half, the USA (5-1)
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HOW THE US IS ASSISTING CHINA BECOME A WORLD POWER
Lankaweb
The following analysis shows how the US is assisting China become a world power. China has always respected the sovereignty of Sri Lanka and other countries when some nations violated it many times. Then it begs the following question: WHO IN ASIA IS
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It’s Time to Buy
Barron’s
Export economies, like South Korea, Taiwan and China, would be hurt if the US slides back into recession. South Korea’s Kospi index was trampled on Friday, falling 6.2% on renewed fears of a slowdown in the US and Europe — the biggest one-day decline
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Be careful what you wish for
DAWN.com
According to current projections, China is expected to overtake the United States as the world’s largest economic power in another decade or so. But translating this wealth into military and political power is something else. Although China is the only
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Michele Bachmann keeping an eye on the Soviet Union — 20 years after it dissolved
New York Daily News
“What people recognize is that there’s a fear that the United States is in an unstoppable decline. They see the rise of China, the rise of India, the rise of the Soviet Union and our loss militarily going forward,” she told Sekulow.
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Opera diplomacy
BBC News
“When I left China I could imagine that everyone would have a watch or a colour TV, but not a car,” he said, before leaving to deal with the preparations for the show. That performance coincided with an official visit to China by US Vice-President Joe
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Santa Clarita Kids Speaking Chinese
KHTS Radio
Vice-President Joe Biden visited China today to calm their nerves after Standard & Poor reduced the US credit rating from AAA to AA+. China believes they have a right to be concerned since they are the biggest, single foreign creditor to the US with
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Week’s recalls: desk chairs, riding toys, boots
Houston Chronicle
DETAILS: The “metoo” clip-on chair, manufactured in China for phil&teds USA Inc. of Fort Collins, Colo., and sold at a variety of retailers and online sites from May 2006 to May 2011. WHY: Missing or worn clamp pads allow the chairs to detach from the
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Officials from WVU, China sign coal deal
Daily Mail – Charleston
Both countries’ ACTCs report to the USChina Clean Energy Research Center. The agreement includes intellectual property protection for researchers. The two groups can share information with the understanding that their property will be protected.
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Asian currencies fall, led by rupee, on slowdown signs
Taipei Times
as US data added to signs the global economic recovery is losing steam and Europe’s worsening debt crisis bolstered demand for US dollars. Taiwan released second-quarter GDP data late on Thursday, joining China, South Korea, Hong Kong, Malaysia and
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Reports vary on Biedrins in Europe
San Francisco Chronicle
Elena Delle Donne had 22 points and 11 rebounds to lead the United States to a 79-67 win over Australia in the semifinals of the World University Games in Shenzhen, China. The US team (5-0) will face Taiwan on Sunday in the gold-medal game.
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Corporate Leaders to Map Water Risks
SustainableBusiness.com
The increasing frequency of water-related events – from extreme droughts across the southwestern US to flooding in central China – provide vivid examples of the potential impacts of water on people, businesses, and local infrastructure.
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Jon Huntsman Comes Out Swinging
ABC News (blog)
In an interview to air on THIS WEEK Sunday, former Utah Governor and US Ambassador to China Jon Huntsman came out swinging against his rivals for the Republican presidential nomination. TAPPER: This was a big week for Texas Governor Rick Perry.
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Steve Jobs, China Mobile Negotiate IPhone Deal
Forbes
And, also the deal may add to Apple’s already powerful hold on the tech industry and ensure its place not only a powerhouse in the US, but also in China, the world’s largest mobile phone market.
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GM reshuffles marketing unit again
Detroit Free Press
That team reports to GM North American President Mark Reuss. In addition, Tony DiSalle, who was heading Buick marketing in North America, has added responsibility for GMC and for Buick’s booming China market. John Schwegman, who was running GMC
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Wigo and Wigo help USA reach the semifinals
Palo Alto Online
Stanford grad Brad Lawson had 12 kills and Cardinal grad Kawika Shoji added 34 assists, but the US dropped a 25-20, 23-25, 28-30, 25-21, 15-11 decision to Japan on Friday in a consolation contest at the World University Games in Shenzhen, China. The US
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First, fake Apple Stores. Now, fake Steve Jobs biography.
tuaw.com
Until the book is pulled by Apple legal it can be purchased for US$8.10 here. First fake Apple Stores, now China has fake Steve Jobs biographies. The fake biography’s title roughly translates to Steve Jobs Gives… @David Bloom.
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What benefits are reaped from all our foreign aid?
The Tribune-Democrat
Why, then, do we re-elect and accept politicians responsible for borrowing money from nations such as China and giving it away? There have been many excuses given for United States‘ foreign aid payments to a variety of nations, some seemingly friendly
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Sen. John Cornyn plays high-stakes Texas hold’em over F-16s
Fort Worth Star Telegram
And the Chinese have told the United States to stop flying U2s above international waters. Two Chinese warplanes intercepted one of the American spy planes over the tense Taiwan Strait in June in China’s most aggressive challenge to US surveillance
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A&M’s Urbina Captures Bronze at World University Games
KBTX
The Chinese people have been so kind and helpful with all of us. They are always willing to help you even though they don’t speak English. “We have felt like celebrities in China, and after Valeria and I finished our semifinal match, they took a lot of
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