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U.S. China News 2011.11.08

Tue, November 8, 2011

China Counterfeit Parts in U.S. Military Boeing, L3 Aircraft
San Francisco Chronicle
The Senate Armed Services Committee found counterfeit parts — usually from China — on at least seven aircraft, including the Lockheed Martin Corp. C-130J transport plane, Boeing P-8A Poseidon maritime patrol and L-3 27J Spartan transport.
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Christian Bale Chinese Epic ‘Flowers of War’ Nears US Distribution Deal
Hollywood Reporter
North American rights will be licensed directly by New Pictures, along with Deng and Linde and Stephen Saltzman of Loeb & Loeb. Glen Basner’s FilmNation is handling international rights outside the US, China and several major Asian territories.
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US to use S. Korean base to project power against China?
RT
“Maybe not next year, maybe not in five years, but sometime down the road the idea of a Jeju missile crisis comes to mind – a rapid escalation between the US and China,” Hoey warns. “US ships and subs are just 300 miles off the shore here in Jeju.
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US to Push APEC Trade Agenda China Calls Overly Ambitious
BusinessWeek
8 (Bloomberg) — Rejecting criticism by China that the Obama administration’s goals for this week’s Asia-Pacific Economic Cooperation summit are too ambitious, US Trade Representative Ron Kirk said the US will “push the envelope” to promote trade in
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ZTE US Mobile-Device Sales to Overtake China by 2015, He Says
BusinessWeek
ZTE is relying on mobile devices to expand in the US, where selling network infrastructure has been “much more complicated” because of politics, He said. A report in January by the USChina Economic and Security Review Commission, an independent
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China: US Cyber-Espionage Accusations ‘Unprofessional’
Tom’s Guide
I hope the international community can abandon prejudice and work hard with China to maintain online security” While no official policy changes have been proposed with regard to US/China relations, the report, released November 4th, represents a an
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FACTBOX-Major USChina economic and trade disputes
Reuters
President Hu Jintao has indicated goods produced by Chinese affiliates of US and other foreign firms would be considered indigenous innovation products eligible to compete for procurement bids with the national and with local governments.
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More steps towards a USChina trade war
solarserver.com
On November 7th, 2011, the Coalition for American Solar Manufacturing (CASM) announced that more than 75 US employers have registered their support for anti-dumping and countervailing duty cases filed against the nation of China, by joining the
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Iran looks to China, Russia to break out of US sanctions
CNN (blog)
China also increased its naphtha imports from Iran by 280% over the previous year! China is now the world’s second-largest petroleum importer, after the United States, and clearly sees imports from Iran as an important part of its energy mix.
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‘Germany can’t play alone against US and China‘ – ex-chancellor
RT
Mr. Shroder told RT that Only a unified Europe aided by Russia can be strong enough to compete with superpowers such as the US and China. RT on Twitter http://twitter.com/RT_com RT on Facebook http://www.facebook.com/RTnews.
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China Installed PV to Equal US Installed PV in 2011
CleanTechnica
A new report by Solarbuzz, China Deal Tracker, finds that it’s total installed solar PV is going to equal total installed solar PV in the US this year. More stats: Non-residential PV pipeline in China now equals 16 GW (as of end of October).
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APEC: US asks China to reduce clean energy tariffs
Hawaii News Now
The company wants the United States to charge retaliatory tariffs when China sells solar panels in America. China has a thriving renewable energy industry, and Chinese interests now control Honolulu-based Hoku Corp., which has built a plant in
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Cyber weaknesses should deter US from waging war
Boston.com
He added that the US also needs to make it clear to countries such as China that efforts to use computer-based attacks to steal high-tech American data will be punished. In a forceful and detailed public report last week. US intelligence officials
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Chinese Taste for Pecans Raises Price in US
Voice of America
November 07, 2011 Chinese Taste for Pecans Raises Price in US Ira Mellman A holiday tradition in many parts of the United States will cost more than it has in many years this holiday season. It is pecan pie. Listen to Ira Mellman’s interview with Jeff
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World Dodges Slump With ChinaU.S. Buoy in Europe Crisis
San Francisco Chronicle
The US unemployment rate fell to 9 percent last month, the lowest since April, from 9.1 percent in September, the Labor Department reported Nov. 4. Chinese manufacturing continued to expand in October, based on an index compiled by the China Federation
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Iran looks to Moscow and Beijing to buffer pressures
USA Today
Iran, a member of the Organization of Petroleum Exporting Countries, currently supplies about 11 percent of China’s energy needs. “China is economically connected with Iran while the US is not,” said Yin Gang, an Iran expert at the Chinese Academy of
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Russia to boost trade with China to US$200 bil.: Putin
英文中國郵報
MOSCOW — Russia’s trade with China will be no less than US$80 billion in 2011 and is going to quickly grow to US$200 billion, Russian Prime Minister Vladimir Putin said on Monday while meeting China’s Wen Jiabao. “Last year our trade volume was US$59
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US expanding consular services in China, Brazil
Hindu Business Line
PTI The United States is expanding its consular services in China and Brazil to meet the skyrocketing demand for American visas in these two emerging economies, top officials have said. “We’ve seen an unprecedented rise in visa demand in emerging
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Ex-Motorola Worker on Trial for Stealing Secrets for China
BusinessWeek
It spotlighted the case of David Yen Lee, a former Valspar Corp. chemist who pleaded guilty to stealing trade secrets with plans to take them to a new employer in China. US District Judge Robert Gettleman in Chicago sentenced Lee to 15 months in prison
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Dismantling The China Hard Landing Narrative
Forbes
While the IMF’s forecast for China growth shrunk from its July estimate, the lower forecast is as much the result of a slowdown in Europe and the US as it is a correction in China’s domestic economy. Next year will see new political leadership in
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Honey laundering: When honey isn’t really honey
Los Angeles Times
The American Honey Producers Assn. said that more than 60 million pounds of Indian honey exports reached the US in the first half of 2011 and that much of it is believed to have been first produced in China, then rerouted to skirt American trade
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‘A Strong Dependence’: The Potential Downside to China’s Investments in Latin
Knowledge@Wharton
“Over the short term, this is a good thing, but over the long term, not so much so, because this situation is creating a strong dependence on China in South American countries.” At the moment, “you can say that these are complementary economies,
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Bank of America ‘may sell shares’ in China’s CCB
AFP
NEW YORK — The US financial giant Bank of America is considering selling more of its shares in China’s China Construction Bank (CCB) in order to shore up its capital, the Wall Street Journal reported. In August the struggling banking giant sold
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US must ease restrictions on exports to China
People’s Daily Online
Beijing, Nov.8 (People’s Daily Online) –One prevailing view in the media is that the monetary act approved recently by the US Senate is aimed solely at China, but Chinese Minister of Commerce Chen Deming does not agree with this viewpoint.
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Why China Could Get America’s Most Fuel-Efficient Car Before Us
Wired (blog)
They definitely get it in China. Not here. Not in America. You don’t get it, and even if you do get it, you’re not doing anything about it. Edison2, the team of gearheads and former racing engineers Kuttner assembled to build one of the oddest cars
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US Collaboration on Space With Chinese Regime Debated
The Epoch Times
However, in defiance of the prohibition, in May 6-10, OSTP held a series of meetings in Washington with Chinese officials on “Innovation Dialogue” and the USChina Strategic and Economic Dialogue. The OSTP director Dr. John Holdren met with the Chinese
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Chinese-style democracy’ ensures Communists prevail
USA Today
By Calum MacLeod, USA TODAY BEIJING – Between fashion shoots and shows across China, rising model Cheng Yuting tried on a new, political role this fall — running for office as a grass-roots legislator in Beijing. Her aim: “to explore the path of
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China’s Ai Weiwei agonizes over paying tax bill
Reuters
They said: ‘This is the first time they have a chance to vote,’ and ‘To punish you is trying to punish all of us.'” Ai, famous for his work on the “Bird’s Nest” Olympic Stadium in Beijing, said the donors were mostly in their 30s.
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China’s state broadcaster to open U.S. studio: report
Reuters
By Lucas Shaw NEW YORK (TheWrap.com) – China Central Television, the country’s state-owned broadcaster, is opening a new hub in Washington, DC, from which it will broadcast its English-language TV service, according to the Financial Times.
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Gloomy outlook for China exporters as factory closure wave looms
Reuters
The European debt crisis and a fragile US economy have depressed this year’s Christmas orders, Stanley Lau, deputy chairman of Hong Kong’s leading industrial promotion body, told a news briefing. He said a consolidation was on the cards, with around a
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India to Overtake US in Internet Use
Voice of America
The group says India’s Internet population was 112 million in September – making it the third largest market in the world after China and the US The Internet and Mobile Association of India says Internet use is particularly growing among the South
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China’s senior citizen Lady Gaga cover band and a clamp down on TV programs
Christian Science Monitor
The Chinese government orders ‘entertainment’ programs to be replaced with more uplifting fare – such as a senior citizen Lady Gaga cover band. Does this bode well for the China channel coming to the US? By Peter Ford, Staff writer / November 8,
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Frank Wisner suggested US-India ovecome challenges to check China
Economic Times
He also suggested that India and the US work out a role for each other in Asia, ensuring that no one country has hegemony in the region, a clear reference to China seeking a larger world power role. Wisner, on a tour of the country with partners from
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China’s Slowing Growth Could Be The Market’s Next Crisis
Forbes
Between the sputtering US economy and the turbulent debt crisis in Europe, investors could be forgiven if China’s growth trajectory has not been top of mind lately. That can change in a hurry though, and with recent economic data signaling slower
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Suntech Drops on Forecasts as Youku.com Rises: China Overnight
BusinessWeek
Youku.com led the Bloomberg ChinaUS 55 Index to its highest level since Oct. 27. Suntech, the world’s largest maker of solar modules, lost 3.6 percent to $2.64, increasing its 2011 drop to 67 percent. Trina, China’s third largest solar-panel maker,
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Fuzheng Huayu Composition May Lead to Anti-Liver Fibrosis Treatment in US
MarketWatch (press release)
Sundise works closely with life sciences companies, universities and research institutes across China and the United States to conduct studies on therapeutic compounds based on the Chinese traditional medicine. Learn more about Sundise and its products
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China is ripe for its own Occupy protests
Christian Science Monitor
More interesting, and less predictable, are the ways in which the Occupy Wall Street protests could substantively shape China’s internal politics. In the early days of the OWS movement, when protests were confined to US cities, a China Daily OpEd (Sept
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Humiliated by West, Belarus turns to China rating agency
Reuters
President Alexander Lukashenko, who has been in power since 1994, has incurred the anger of the European Union and the United States by cracking down on the opposition following his disputed re-election last December. “Belarus, which has been
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Congressman demands regulation of Chinese currency during Pittsburg steel mill
San Jose Mercury News
Miller was visiting the plant to call attention for immediate passage of a bill to reform China currency. By holding down the value of its currency, China is giving its manufacturers an unfair advantage over American manufacturers and workers,
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China’s wine industry ripens as local thirst grows
Reuters
Imports to the teeming city surged 57 percent in the first nine months of 2011, year on year, to $940 million, with imports seen from all major wine-growing regions including France, Italy, Australia and South America.
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Chinese tire maker Doublestar inks Memphis deal
Memphis Commercial Appeal
Last summer, Mayfield met in China with tire executives. Del-Nat has wholesaled Chinese tires for years to US dealers. The execs introduced him to officials from Doublestar’s tire business. “They had it in their mind that they needed a presence in
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Apple working with US energy company on North Carolina solar farm
Apple Insider
The move by Apple to conduct business with a US-based solar company comes at a time when production of solar panels has been increasingly sent overseas. In particular, solar panel production has greatly shifted to China over the last two years.
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China to become world’s largest ag importer
Pork Magazine
In 2011, China moved ahead of Mexico and Canada as the United States‘ number one market for US agricultural goods. China will be looking at foreign markets for agriculture imports as its domestic farming production is limited by small-scale operations
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