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U.S. China News 2012.07.08

Sun, July 8, 2012

China, US to Start Countervailing Consultations
CRIENGLISH.com
Regarding a U.S. complaint on China’s anti-dumping and anti-subsidy duties on cars imported from the United States, Li said it’s normal for trade partners to solve disputes through multilateral rules. But he argued that, no matter how the case ends
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Booming Southeast Asia in a quandary over U.S.China rivalry
Chicago Tribune
BANGKOK (Reuters) – A U.S.China tug-of-war over Southeast Asian influence is proving to be a critical test for Washington’s “pivot” East as Beijing strengthens its economic and military clout in.
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China’s premier warns of further economic slowdown
U.S. News & World Report
BEIJING (AP) — China’s economy faces “huge pressure” to slow further despite stimulus measures, Premier Wen Jiabao said Sunday, damping hopes for a quick recovery from the deepest slump since the 2008 global financial crisis.
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4 Chinese miners rescued after 3 days underground
U.S. News & World Report
BEIJING (AP) — Eight Chinese miners were rescued Sunday after being trapped underground for more than three days in a flooded coal mine, while seven workers in another mine were killed by a gas explosion.
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China boosts state firms as entrepreneurs struggle
U.S. News & World Report
ZHANJIANG, China (AP) — Reformers say China needs more entrepreneurs like Liu Peijian. His chain of six furniture stores employs 60 people. But Beijing’s response to the deepest economic slump since the 2008 crisis is to pump money into state industry
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India third most-favoured investment destination after China, US: UN report
NDTV
India third most-favoured investment destination after China, US: UN report.
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China: Ties with US transcend trade spat
Dayton Daily News
BEIJING — China’s government said Friday it will “properly handle” a U.S..
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US Charges China With ‘Unfair’ Duties on US-Made Autos
The Epoch Times
The United States is taking China to the WTO for action against China’s imposition of duties on US-made autos.
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Analysis: Investors brace for shaky US earnings season
Reuters
The primary worry is whether the effect from Europe, along with the emerging slowdown in China, has been factored in to analyst estimates, which are down sharply since April. “It’s natural to expect that somehow the U.S. corporate sector, which has
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Defend American Auto Jobs in Toledo and Marysville Against Unfair Chinese
PoliticalNews.me (press release)
Brown-Authored Bill to Crack Down on Chinese Currency Manipulation Was the Biggest Bipartisan Jobs Bill to Pass the Senate Last Year.
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Trade Gap Probably Shrank on Cheaper Oil: U.S. Economy Preview
Bloomberg
A faltering global economy, which led central banks from Europe to China to cut interest rates and announce more stimulus on July 5, may also mean fewer purchases of American-made goods. At the same time, a lack of U.S. hiring that helped prompt the
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Rechanneling the rivalry with China
Bend Bulletin
TOKYO — At a gathering of business executives in Cambodia this week, Secretary of State Hillary Clinton plans to urge the expansion of U.S. trade and investment across Asia, particularly in Southeast Asian nations on the periphery of China.It has
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Obama uses Doonesbury strategy against Romney
Examiner.com
In Obama’s new television commercial, Obama debunks Mitt Romney’s promises to crack down on China’s trading practices, by coming right out and saying that the Romney profited by allowing China to steal jobs from the U.S.. Romney has been running
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Sikorsky eyes foreign deals to offset US drop
Reuters
India, Turkey, China and Mexico. Mick Maurer, who took over as president of Sikorsky on July 1, said revenue would be flat for several years due to a decline in U.S. military spending and the fact that several larger foreign orders were not slated
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China envoy opens embassy doors in US
China Daily
China’s Ambassador to the US Zhang Yesui recently hosted an open house at the Chinese embassy in Washington with the theme Experiencing Chinese Culture.
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Obama Attacks Romney on China Outsourcing
Slate Magazine
Obama also strongly criticized China, saying that his administration has filed a complaint with the World Trade Organization contending that Beijing is abusing trade laws by imposing more than $3 billion in duties on U.S. cars, reports Reuters
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The Collapsing US Economy And The End of The World
OpEdNews
In a recent column, “Can The World Survive Washington’s Hubris,” I promised to examine whether the US economy will collapse before Washington in its pursuit of world hegemony brings us into military confrontation with Russia and China. This is likely
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South China Sea tensions to dominate ASEAN meet
Taipei Times
Efforts to ease tensions in the South China Sea will dominate this week’s Asian security dialogue in Cambodia, analysts say, while the US will be at pains to stress it seeks cooperation with China.
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World Dental Forum 2012 Enlightens US Dentists on the Current Trends of
PR Newswire (press release)
SEATTLE, July 8, 2012 /PRNewswire/ — Modern Dental Laboratory USA (MDL USA) assembled a group of 570 pioneering dentists from all over the world to come together at their second-annual World Dental Forum in Hong Kong and Shenzhen, China from
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Strategic jamboree and the US rebalancing in Asia
The Nation
Suddenly, the US has found wanting its friends among dialogue partners and Asean as part of the long-term strategy to manage the rise of China right at its backyard. It is also the best of time for the US-led loose coalition within Asean as the news
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China premier vows to curb real estate speculation
Huffington Post
stumbleupon: China premier vows to curb real estate speculation · digg: US Works With Sudan Government Suspected Of Aiding Genocide · reddit: China premier vows to curb real estate speculation · del.icio.us: China premier vows to curb real estate
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China dismisses Japan plan to buy disputed islands
Chicago Tribune
BEIJING (Reuters) – China’s Foreign Ministry said it would continue to take “necessary measures” to safeguard its sovereignty over a number of disputed islands in the East China Sea after Japan said it was considering a plan to “buy” them from private
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Obama Ad Calls Romney ‘the Problem’ With Job Losses to China
kvor
The inclusion of China in the new ad also comes as Obama tries to bolster his image as a hard-liner against China. On Thursday, the administration lodged a new complaint against China at the World Trade Organization, challenging tariffs on U.S. auto
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Gymnasts find unusual ways to get a grip on things
U.S. News & World Report
As the U.S. men head off to their final training camp before the London Olympics this week, several gymnasts will be toting plastic bears filled with honey. Or bottles of Karo syrup.
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Fears US slowdown will hit bourse
Sydney Morning Herald
”After the China, US and UK action late last week I think pressure will be on the Fed to do something at their next meeting.” The September share price index futures contract pointed to a 0.3 per cent fall in local shares this morning. On Friday the
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New Obama ad challenges Romney on China
Newsday
WASHINGTON — President Barack Obama challenged rival Mitt Romney’s promise to get tough on China, saying in a new ad released Saturday that the presumptive GOP presidential nominee “made a fortune” allowing China to take U.S. jobs. Obama’s ad
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US to reduce tensions in South China Sea
Pakistan Daily Times
US to reduce tensions in South China Sea. BEIJING: The United States will emphasise the importance of easing friction over competing claims in the South China Sea during regional talks in Cambodia next week, a US government official said Saturday.
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8 Chinese miners rescued after 3 days underground
cbs4qc.com
Rescuers on Sunday pulled to safety four of about a dozen miners trapped underground for more than three days in a flooded coal mine pit in central China, while seven workers in another mine were… Clinton looks for better US-Pakistani cooperation
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Obama again takes on China
Youngstown Vindicator
It is unfortunate, therefore, that Obama did not delve into the threat that China poses to the United States‘ economic recovery. The Valley has experienced the effects of China’s predatory trade practices, and has long demanded action from the White House.
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China’s Hebei Steel gets approval to invest in Canada iron ore miner
Chicago Tribune
BEIJING (Reuters) – Hebei Iron & Steel Group, China’s largest steel producer, has been given the go-ahead to invest in Canadian iron ore developer Alderon Iron Ore Corp, the official Xinhua News agency quoted local authorities as saying on Sunday.
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China terms its criticism by Clinton over Syria unacceptable
TwoCircles.net
Beijing: Beijing has described US Secretary of State Hillary Clinton’s criticism of China at the latest Friends of Syria meeting as “unacceptable”, Xinhua reported. On Friday, Clinton criticised China and Russia, saying both the countries should be
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Test for China-Asean ties
The Nation
With the US “returning to Asia” and backing its allies, and Vietnam and the Philippines trying to portray their claims to China’s territory in the South China Sea as a dispute between China and Asean, the South China Sea has become the focus of China’s
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Euro falls to 2-year low vs US dollar
Pakistan Daily Times
The weak US jobs data came a day after the European Central Bank cut interest rates, further dampening the euro’s appeal, and China and the Bank of England announced more monetary easing. With US interest rates already near zero the loosening of
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U.S. women’s soccer team seeking redemption at 2012 London Olympics
Gloucester County Times – NJ.com
WNT soccer vs. China LMN_4273.jpg View full sizeLori M. NicholsUSA’s Alex Morgan (13) advances the ball ahead of China’s Li Jiayue. U.S. Women’s National Soccer team vs. People’s Republic of China, PPL Park, Chester, Pa., Sunday, May 27, 2012.
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US: 47th in freedom, 1st in cheese production
Chicago Daily Herald
(Plus, no one expects us to hold off China for long when it comes to GDP.) So what do we lead the world in? If you believe Will McAvoy, the news anchor on Aaron Sorkin’s The Newsroom, the United States is tops in just three things: “number of
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Obama challenges Romney on China in ad
BigPond News
US President Barack Obama challenges Mitt Romney’s on China’s trading practices in a new TV advertisement.
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“No Parking” scrap prompts US army apology in South Korea
Reuters Canada
SEOUL (Reuters) – The chief of U.S. Forces Korea (USFK) apologized on Sunday for an incident near one of the main U.S. bases in South Korea during which military police handcuffed local residents over. against North Korea. The two Koreas are still
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USA U17 Men Shake Spain In Second Half, Advance To Gold Medal Game With
SportsPageMagazine.com
After holding a six-point halftime lead, the 2012 USA Basketball Men’s U17 World Championship Team (7-0) pulled away from Spain (4-3) in the second half for an eventual 95-66 semifinal victory at the 2012 FIBA U17 World Championship on Saturday night
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US-Japan alliance grows for Asia-Pacific security balance
The Korea Herald
“In light of China’s rise, it makes good strategic sense for Japan to build up its military capabilities and act more like a normal state in the Asia-Pacific region. The U.S. will certainly welcome this development,” John J. Mearsheimer, a leading
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Reporters notebook: Steel survival key to U.S., global economic futures
nwitimes.com
The country has more than 1.34 billion residents, which is more than four times as many as the United States. China also produced about 753.9 million tons of steel in 2011, which was nearly eight times more than that produced in the U.S., according to
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Demographic trends favor US, if we do things right
Minneapolis Star Tribune
China’s situation is an unintended consequence of the country’s one-child-per-family policy, but it’s not like the projected growth of working-age people here resulted from any savvy U.S. strategy. To the contrary, many new workers will be children of
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Obama challenges Romney on China in US ad
Yahoo!7 News
US President Barack Obama is challenging Mitt Romney’s promises to crack down on China’s trading practices in a new TV advertisement.
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China slowdown weighs on emerging market funds
Reuters India
The growing concern about China and slower growth in the other BRIC nations is also starting to show up in the performance of some U.S. emerging markets funds and hedge funds focused on Asia. Mutual fund industry tracking firm Morningstar says U.S.
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