Skip to content

U.S. China News 2011.11.14

Mon, November 14, 2011

Obama: Russia, China United With US on Iran Nuclear Issue
Voice of America
November 14, 2011 Obama: Russia, China United With US on Iran Nuclear Issue Dan Robinson | Honolulu US President Barack Obama, speaking in Hawaii at the conclusion of the Asia-Pacific leaders summit, says the United States, China and Russia are united
See all stories on this topic »

China Rebuffs Obama’s Criticisms on Trade, Currency
Voice of America
Obama says Washington does not want China to take advantage of the United States. China’s foreign ministry responded hours later by saying Beijing’s economic policies were not the cause of US financial woes. China US APEC report download iconDownload:
See all stories on this topic »

US, China in Sudan great game
Asia Times Online
Today, amid fierce global competition for commodities and regional influence, the US and China are facing each other in several parts of the world and the oil-rich Sudan may become one of the more complex and portentous sites of this contest.
See all stories on this topic »

China Sent 157588 Students to U.S. Colleges
Bloomberg
Photographer: Tony Avelar/Bloomberg Students from China at US colleges and universities surged 23 percent this year to 157558, accounting for more than a fifth of all international scholars in the country. For the second year in a row, China sent the
See all stories on this topic »

US vs China: Who rules the roost?
RT
The US has been criticising China for its trade and currency practices. This year the US and China continued to outline competing economic programs. Hu Jintao insisted on more influence for Beijing as a growing power, while Obama zeroed in on China’s
See all stories on this topic »

Bank Of America Sells Most Of Its China Construction Bank Stake
Wall Street Journal
By Matthias Rieker and Tess Stynes Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Bank Of America Corp. (BAC) sold about 10.4 billion shares of China Construction Bank Corp. (0939.HK) as the banking giant continues its move to improve capital and shed
See all stories on this topic »

Chinese Students Flock to U.S., as Americans Seek Out ‘Less Traditional’ Countries
New York Times (blog)
The largest contingent of that group – nearly 160000, or 22 percent – were from China, a country whose student representation in the United States has, in recent years, increasingly outnumbered that of India, which occupied the top spot for most of the
See all stories on this topic »

Big Names in US Culture Take ‘Class Trip’ to China
Wall Street Journal (blog)
The four-day USChina Forum on Arts and Culture, which kicks off Wednesday night with a dinner at the US embassy orchestrated by Ms. Waters, is the brainchild of veteran China watcher Orville Schell, who describes it as a response to the sclerotic
See all stories on this topic »

No reason to get even closer to Uncle Sam
Sydney Morning Herald
It’s an invitation to take America’s side in its rivalry with China. In one vital way, Australia has already chosen. Julia Gillard has intensified the strategic and military alliance with the US emphatically, and more deeply than the Australian public
See all stories on this topic »

Canadian PM eyes China after US pipeline delay
AFP
HONOLULU, Hawaii — Canadian Prime Minister Stephen Harper said Sunday that he was looking at exporting more oil to China after the United States delayed a decision on a controversial pipeline. President Barack Obama’s administration last week put off
See all stories on this topic »

Canada, US, China among countries showing signs of economic slowdown: OECD
Winnipeg Free Press
PARIS – Canada, the United States and China are among the countries that are on track to experience an economic slowdown in the coming months, according to a report from the Organization for Economic Co-Operation and Development.
See all stories on this topic »

Pacific trade pact boost for Obama – but China remains cool
The Guardian
The agreement would be the biggest US pact since 1994’s North American Free Trade Agreement (Nafta). It may also help the US regain influence lost to China in the fast-growing Pacific region. The news came as Obama launched one of his most
See all stories on this topic »

US and Chinese Presidents Trade “Ideas”
Daily Reckoning – American Edition
The Super Debt Committee has one week to come up with $1.2 trillion in cuts, or else Pandora’s Box of ugly things could get opened, and the US and Chinese presidents traded “ideas” this past weekend… I shake my head in disbelief that we still want to
See all stories on this topic »

Caterpillar Takeover Would Create Fortune For US Expat Clan In China
Forbes
Caterpillar’s proposed acquisition of Hong Kong-listed ERA Mining Machinery for up to $886 million announced on Friday (see related story here) puts the spotlight on the pending success of its main American shareholders in China, where ERA’s main
See all stories on this topic »

Are increasing Chinese wages good for the US?
Christian Science Monitor
Wages are increasing a lot faster in China than in the US. Some are saying that’s a good thing, because it will keep jobs in the US, but the problem is that productivity is going up a lot faster in China as well. By Stefan Karlsson, Guest blogger
See all stories on this topic »

Obama: US will consult China, Russia on Iran
Ynetnews
China and Russia share the United States‘ objective of ensuring Iran does not make weapons via its nuclear program and Washington will consult with them on how to achieve that, US President Barack Obama said. “We will be consulting with them carefully
See all stories on this topic »

China pushes ahead on e-cars; BYD shares soar
Reuters
boosting shares of Chinese green car maker BYD Co Ltd, which is backed by US billionaire Warren Buffett, to their best daily gain in 3 years. But whether China’s green initiatives, including allowing potential buyers in Beijing and Shanghai to get
See all stories on this topic »

3 Reasons Why The U.S. Economy Is Better Than China’s
Seeking Alpha
Despite strong economic growth in the past three decades China is still a poor country and the gap between US and China in terms of wealth and income is still huge. The US GDP in 2009 was nearly $15.0 trillion compared to China’s $5.0 trillion.
See all stories on this topic »

China Telecom Americas furthers US presence with its new Chicago office
FierceTelecom
China Telecom Americas (NYSE: CHA) continues to stretch its wings in the US domestic market by opening a new office in Chicago, a major hub for multinational businesses. Although the service provider may be new to the area, China and Chicago already
See all stories on this topic »

Analysis: Chinese financial help could carry risk for Europe
Reuters
But China’s $3 trillion in reserves remain a tantalizing target for the bloc. “Although the US has borrowed extensively from China for a decade without making major concessions, European disunity on debt management will make it a struggle for the EU to
See all stories on this topic »

Some Notes on the ChinaUS Solar Trade War
Greentech Media (blog)
The implications of a trade war between the US and China don’t seem to point to a positive outcome for the US — aside from allowing SolarWorld to survive another day. November 8 was the first day of hearings at the US International Trade Commission
See all stories on this topic »

HEROUX: United States should export freedom to China
Attleboro Sun Chronicle
There is very good evidence to suggest that China is in the midst of a property bubble; history tells us that all bubbles burst. If this happens, considering the level of interdependence between the US and China, the US would be negatively affected.
See all stories on this topic »

China and the Rules of Trade
Wall Street Journal
Twenty-five years ago the US was willing to look the other way, Mr. Obama suggested, but now that China is the world’s second-largest economy it is time that it behaves like a grown-up. After the global crisis hit in 2008, Beijing pledged that it would
See all stories on this topic »

Increase in China’s Rich Seeking US Residency
CRIENGLISH.com
Wealthy Chinese are emerging as the major group seeking permanent residency in the United States via investment. About three quarters of those applying for the EB-5 investment immigration program were Chinese this year, according to the US Citizenship
See all stories on this topic »

FACT CHECK: Misfires on Iran, China in debate
Boston.com
Romney, Gingrich and most other contenders do not know what the US is doing, and not doing, covertly. US Rep. Michele Bachmann, as a member of the House intelligence Committee, might. If so, she’s legally barred from talking about it. ROMNEY on China:
See all stories on this topic »

US Counters Chinese Bases
The Diplomat (blog)
By David Axe For years, US defense planners have fretted over the prospect of an expanded Chinese military presence in the Western Pacific Ocean. Beijing’s so-called “string-of-pearls” strategy supposedly envisioned an array of bases and long-range
See all stories on this topic »

Obama Asks China To Play By The Rules
News Box
What should be pointed out is that this is the first time when Obama has such a strong language on China. US has been criticizing China for blocking fair access to its markets, for keeping its currency artificially undervalued and stealing intellectual
See all stories on this topic »

Guest view: U.S. must counter China’s action that steals jobs
Utica Observer Dispatch
Oneida had to compete with production of such goods in China. Once China began manipulating its currency, production costs within China compared to the United States were reduced by 40 percent. So Oneida began purchasing those goods in China rather
See all stories on this topic »

Good Reads: GOP hopefuls debate new foreign policy. But easier debated than done?
Christian Science Monitor
Criticizing the Obama administration’s handling of the “Arab Spring,” the pullout from Iraq, and the US’s response to a resurgent China is the easy part for Republican presidential challengers. By Scott Baldauf, Staff writer / November 14,
See all stories on this topic »

Beware the boom in American “declinism”
CBS News
Where are all those supposedly post-American systems now? Fascism was crushed; Communism imploded; Japan is aging and shrinking; the European Union is cracking apart. But, of course, there is China, which, we are told, is the next new replacement for
See all stories on this topic »

Will China bounce back as a growth market?
USA Today
China’s growth has been nothing short of stupendous. Chinese gross domestic product was $357 billion in 1990, according to the World Bank; it was $5.9 trillion 2010. China’s GDP grew 9.1% the 12 months ended September, vs. 2.5% for the US Much of that
See all stories on this topic »

Chinese Spacecraft Dock in Orbit for Second Time
ABC News
China launched its own space station program after being rebuffed in its attempts to join the ISS, largely on objections from the United States. The US is wary of the Chinese program’s military links and the sharing of technology with its chief
See all stories on this topic »

China, GPUs on the rise in Top 500 list
EE Times
The latest lists underscores China’s continued investment in high performance computing and the spread of hybrid GPU/CPU system designs. China is second only to the US with 75 of the world’s Top 500 supercomputers, up from 64 on the list published six
See all stories on this topic »

New Huntsman web video criticizes Romney on China stance
CNN (blog)
Huntsman has said that move would start a trade war and hurt small businesses in America. Huntsman, the former Utah governor, recently served as the US ambassador to China and is hoping to leverage his foreign policy experience to stand out in the
See all stories on this topic »

China GrenTech Announces Receipt of “Going Private” Proposal at $3.10 Per ADS
MarketWatch (press release)
Certain statements contained in this announcement may be viewed as “forward-looking statements” within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended.
See all stories on this topic »

VelaTel Signs Business Agreement with a Chinese State Owned Company to Provide
MarketWatch (press release)
VelaTel’s CEO, George Alvarez, added: “These projects present a new business model for us in China. These companies, like universities, municipalities, and other government and quasi-government agencies, have specialized needs for integrated network
See all stories on this topic »

Executioner says job not “complicated”
Reuters
The United States executed 46 people, nearly all by lethal injections, in 2010, said Amnesty. China has been moving toward using more lethal injections, which are less prone to mishaps than guns, but Hu spoke only of his routine of shooting convicted
See all stories on this topic »

Asean front eyed vs China in sea row
Philippine Star
The issue is expected to be discussed Wednesday with visiting US Secretary of State Hillary Rodham Clinton. The two new areas being claimed by China are not part of the Spratlys, Layug said. China asked the Philippines to cancel oil exploration in the
See all stories on this topic »

Jerry Large Our relationship with Asia runs deep
The Seattle Times
The program’s website says 10 times more Chinese students study in the US than… (November 14, 2011, by Gou Wei II) Read more One of my favorite activities is to go down to the waterfront, and watch American jobs… (November 14, 2011, by no more
See all stories on this topic »

5 Stocks To Short For The China Bear, 2 Stocks To Go Long
Seeking Alpha
After the Chinese reverse-merger stock meltdown this year, there are few attractive short candidates trading on US exchanges. Moreover, the Chinese stock market in general seems to be anticipating a crash in the Chinese economy, since the Shanghai
See all stories on this topic »

DIARY-US MEETINGS/WEEK AHEAD
Reuters
18:15 Cypress Semiconductor at Citi US Small & Mid Cap Conf 15 Nov 18:20 Bill Barrett Corp at Bank of America Energy Conf 15 Nov 6:30 Sciclone Pharma at Cowen China Opportunity Conf 15 Nov 18:30 Altra Hldg at Stephens Inv Conf 15 Nov 18:30 American
See all stories on this topic »

Republican Candidates Differ on Waterboarding of Terror Suspects
BusinessWeek
Asked during the debate how he would counter China’s attacks on US computer networks that lead to theft of intellectual property, Perry said “fighting this cyber-war” is “one of the great issues that will face the next president of the United States,
See all stories on this topic »

Manthorpe: Beijing attempts to tighten control before leadership change
Vancouver Sun
By Jonathan Manthorpe, Vancouver Sun November 14, 2011 5:58 AM Xi Jinping, China’s vice president, left, attends a welcoming ceremony with Joe Biden, US vice president, at the Great Hall of the People in Beijing, China, on Thursday, Aug. 18, 2011.
See all stories on this topic »

Sell The U.S. Dollar On Expectation Of ‘Supercommittee’ Downgrades
Seeking Alpha
This trend lower in the DXY is something we have great confidence in given our understanding of the gradual pace of USD depreciation agreed upon between the US and China at November 2010’s G20. Trading around the trend has proved fruitful to investors
See all stories on this topic »

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: