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U.S. China News 2012.07.30

Mon, July 30, 2012

London Olympics: China still surpasses the US in total medal count
Christian Science Monitor
China and the US are fighting it out for the total number of medals earned at the London Olympics, but China is dominating the gold medal count. By Laura Edwins, Contributor / July 30, 2012. China’s Wu Minxia (l.) and He Zi compete during the 3 meter
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China wins 2nd diving gold medal at Olympics; US takes bronze
CBS News
Cao Yuan and Zhang Yanquan extended the country’s diving dominance with a victory in the men’s 10-meter synchronized platform Monday, giving China its second gold medal on the boards at the London Olympics. Cao and Zhang totaled 486.78 points in
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China eyes diving sweep, US future looking up
Boston Herald
While this may have been a ho-hum result for the Chinese, the U.S. team was downright giddy. It had been 12 long years since the once-powerful Americans even claimed a medal, but Kelci Bryant and Abby Johnston broke the drought by taking silver.
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Olympics 2012 Synchronized Diving: China Wins Second Gold As US Athletes
Huffington Post
3 hours ago from web. CBSNews China wins gold, US silver, Canada bronze in synchronized diving #Olympics #London2012 http://t.co/fW1trhKt · 23 hours ago from Seesmic twhirl · cbschicago Illinois-native @Kelci_Bryant Wins Silver in Synchronized Diving
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USA men gymnasts first in qualifying, flops in final
USA TODAY
At last year’s world championships, the U.S. finish third behind China and Japan, just missing the silver. They talked big. “I think we made a very big statement,” said U.S. captain Jonathan Horton after qualifying. “I think we showed people that we’re not all talk.
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China Keeps Buying Iran’s Oil as U.S. and EU Intensify Sanctions
Bloomberg
Oil tankers able to haul at least 20 million barrels of Iranian crude signaled for China in July, highlighting one of the challenges the U.S. and Europe face as they pressure the Persian Gulf state over its nuclear program. At least 10 very large crude carriers
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US tops Russia, China in qualifying
Pittsburgh Post Gazette
LONDON — The U.S. women are atop the Olympic gymnastics standings, as expected, with little standing in their way — except themselves. More than the Russians, Romanians and Chinese, the biggest challenge for the gold medal may come from how they
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Olympics 2012: Team USA Makes Statement in Men’s Gymnastics Preliminaries
Yahoo! Sports
China, the defending Olympic champion, finished fifth in qualifying. Critical errors also set the Chinese back. Chen Yibing struggled on the parallel bars and Zou Kai, the reigning gold medalist on the high bar, barely qualified for the final. Guo Weiyang, who
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How China Will Beat the US in Olympic Medals
Smithsonian (blog)
Perhaps the most-wagered question at the Olympics is total medals by country. Right now, the United States has 11, Italy has 8, and France has 4. China is already one medal ahead of the US, and experts are predicting they’ll hold onto that lead, says CNN.
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Swimming: Chinese prodigy Ye sets tongues wagging
Chicago Tribune
Not only did the Chinese sensation blow away American world champion Elizabeth Beisel and set a new world record for the grueling event, she completed her final lap almost as fast as men’s champion Ryan Lochte of the U.S. did when he won the same title
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US men stumble in team gymnastics
Boston.com (blog)
With only the high bar to go, the Americans, who’d won bronze and silver at the last two Games, were buried in sixth place, nearly 10 points behind the leading Chinese. If the US didn’t move up, it would be their worst finish since 1992, when they also were
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Olympics: China, US medal in synchronized diving
CBS News
Laura Wilkinson’s gold on 10-meter platform in Sydney, where she upset the Chinese despite a broken foot, was the last U.S. medal. The Americans were shut out for the first time ever four years later in Athens and again in Beijing. “This is a new beginning,”
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China Wins Two Golds, Tops Olympic Standings
Voice of America
​​American shooter Kimberly Rhode won the women’s skeet competition, making her the first U.S. athlete to win an individual sport medal in five consecutive Olympic Games. “It’s overwhelming. Every emotion is hitting me all at once right now. I know that
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China’s Gift to US Homeowners
Businessweek
According to data released last month by the National Association of Realtors, non-U.S. buyers accounted for $82.5 billion in residential property sales in the 12 months ended March 2012. Chinese purchasers made up 11 percent of this total, while
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China calls for private investment in key fields
U.S. News & World Report
The International Monetary Fund said last week China probably has achieved a “soft landing” but warned “global headwinds are increasing” due to Europe’s debt crisis and a weak U.S. recovery. [China, European Countries Best U.S. On Energy Efficiency.]
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10m synchro gold sets Chinese up for sweep; U.S. takes bronze
CBSSports.com (blog)
Cao’s and Zhang’s victory pushes China’s lead to 7-3 over the U.S. in the race for the most gold medals, though Boudia’s and McCrory’s bronze keeps the two nation’s tied in the overall medal count. Comments. Newest Newest | Oldest Oldest (loading data…)
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Olympic Live Blog: Men’s Team Gymnastics
Wall Street Journal (blog)
The crowd here is only expecting Superman, so no pressure. 12:26 pm; by Stu Woo; Edit; Add a Comment. Still, Geoff, with the U.S. trailing China by more than seven at this point, it looks as if they’ve already lost their chance for gold. 12:26 pm; by Geoffrey A.
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US, South African Swimmers Set World Records in London
Voice of America (blog)
American and South African swimmers posted world records on Sunday, but China led in the overall medal count after the second full day of competition at the London Summer Olympics. Dana Vollmer of the United States took the gold medal in the women’s
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How open immigration made the United States dominant in the Summer Olympics
Examiner.com
The real question is: What explains this tradition of American Olympic excellence over the years? Going strictly by the numbers, China and India should win the most medals since they have the largest populations in the world. Both China and India have over
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Rongsheng shares tumble after US insider trading probe
Reuters
HONG KONG (Reuters) – Shares in China Rongsheng Heavy Industries Group Holdings Ltd (1101.HK) tumbled 18 percent on Monday after the U.S. securities regulator accused a company controlled by the shipbuilder’s chairman of insider trading ahead of
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Table Tennis: Gates flies in to hail “amazing” Hsing
Chicago Tribune
LONDON (Reuters) – American Ariel Hsing’s Olympic table tennis campaign ended in defeat on Sunday but the teenager was hailed as “amazing” by supporter and Microsoft founder Bill Gates who embraced her after she came off court. The 16-year-old, ranked 115 in the world, threatened to cause a major upset as she twice pegged back China’s second seed Li Xiaoxia before eventually falling to a 4-2 defeat. American billionaire Gates had sneaked into London’s ExCel Centre to watch Hsing, who affectionately
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Hong Kong shares outshine Asia, Rongsheng plunges on US probe
Reuters
China Rongsheng Heavy Industries plunged 17 percent after the U.S securities regulator accused a company controlled by Rongsheng chairman Zhang Zhirong, of insider trading ahead of CNOOC Ltd’s bid for Canadian oil company Nexen. Rongsheng also
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US men’s gymnastics team in last place halfway through team competition
CBSSports.com (blog)
But the total points still weren’t enough to keep the U.S. from dropping to 8th. The U.S. trails leaders China by a whopping 9 points and will need a huge finish just to repeat their bronze medal performance from 2008. The U.S. opened on the floor, where Leyva
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US Men’s Gymnastics Takes A Fall During Finals
NPR (blog)
After five rounds of the final, China leads the competition, with Japan in second. The U.S. team sits behind Ukraine, Britain and Russia. Only the horizontal bar remains, as the last round of the final. At this point, China seems likely to win the gold, and Japan
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Olympic roundup: With skeet gold, Kimberly Rhode gets medal in fifth straight
Detroit Free Press
It was the first U.S. Olympic synchro medal. Wu Minxia and He Zi of China won the gold medal with 346.20 points. Johnston and Bryant finished with 321.90 points. Emilie Heymans and Jennifer Abel, with 316.80, earned the bronze, Canada’s first medal of the
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US lawmaker asks for conditions on CNOOC-Nexen deal
Reuters
WASHINGTON, July 30 (Reuters) – The U.S. government should not approve a bid by China’s state-owned CNOOC for the U.S. assets of Canadian oil firm Nexen unless the merged company agrees to pay royalties on all oil drilled offshore, or spins off the
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US’s Ariel Hsing eliminated
ESPN
The high-pressure match before a sellout crowd of 6000 — many chanting U-S-A and others screaming China, China in reply — suddenly established the San Jose, Calif., high school student as one of the world’s top players. Asked to rate her play, she first
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Chinese Investment in US ‘Set for Record Year’
LoanSafe
Thilo Hanemann, research director for Rhodium, which monitors Chinese FDI in the US, said that the large-scale investments could make 2012 a record year, beating the $5.7 billion record set in 2010. Ge Shunqi, deputy head of the Institute of International
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Religious freedoms deteriorated in China last year, US says
Reuters
WASHINGTON, July 30 (Reuters) – China’s respect for religious freedom deteriorated last year as it interfered with Tibetan Buddhist monasteries in ways that may have contributed to a dozen Tibetan self-immolations, the United States said on Monday.
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China & US one-two in medal standings
Your Radio Place
China and the United States are still one-two in the medal standings as Day 3 of the London Olympics continues. China has won six gold, four silver and two bronze. The U.S. has three gold, five silver and three bronze medals. Third-place Italy added a silver
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China Adds Shooting, Diving Golds to Lead Olympics Medals
Businessweek
China added gold medals in shooting and diving to lift its London Olympics total to six as U.S. shooter Kimberly Rhode became the first American woman to win a medal in an individual sport in five straight games. Wenjun Guo, 28, took the women’s 10-meter
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China-focused fund manager settles with US SEC
Reuters
WASHINGTON (Reuters) – A hedge fund manager known for his bullish bets on Chinese companies and two of his firms have agreed pay $1.1 million to settle allegations by U.S. securities regulators of “wide-ranging” misconduct including insider-trading and
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Ariel Hsing puts on a show for Bill Gates
San Francisco Chronicle
Microsoft founder Bill Gates reacts to Ariel Hsing of the United States during her match against No. 2 seed Li Xiaoxia of China at women’s table tennis during the 2012 Summer Olympics, Sunday, July 29, 2012, in London. Billionaires Gates and Warren Buffett
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US SEC sues Chinese co. consultant alleging wide-ranging misconduct
Reuters
WASHINGTON, July 30 (Reuters) – U.S. securities regulators on Monday sued an adviser and his investment management firm, alleging they engaged in “wide-ranging” misconduct including insider-trading, illegal short-selling, misleading investors and
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What the medals tally tells us about the G7 and BRICS
Reuters
(Reuters) – During the Cold War, the relative power of the United States and the Soviet Union were regularly measured in gold, silver and bronze. The last couple of Olympic Summer Games have been a race between China and the United States, with
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London Olympics: US men’s gymnastics in 7th after pommel horse
Los Angeles Times
He didn’t fall off, but he wavered so much his score was a 12.733, and after two rotations the U.S. was in seventh place among the eight teams and over seven points behind leading China. In qualifications, the U.S. had scored 43.965 on the horse and
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China Wins Olympic Men’s Synchronized 10-Meter Platform Diving
Bloomberg
China won the Olympic men’s synchronized 10-meter platform diving, extending its lead in the gold-medal standings over the U.S.. Yuan Cao and Yanquan Zhang, the youngest competitors today, scored 486.78 in the event at the Aquatics Centre in London.
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Lochte chases more gold on Olympics day three
Yahoo! Sports
The 27-year-old will line up in the 200m freestyle final against China’s Sun Yang, who will also be targeting his second gold of the Games after his win in the 400m freestyle on Saturday. Lochte has the opportunity to avenge the USA’s relay defeat when he
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Cnooc Deal Shows China’s Sway in Oil
Wall Street Journal
Mr. Yu cited China Petrochemical Corp.’s recent $2.5 billion investment in five U.S. shale blocks owned by Oklahoma-based Devon Energy Corp. The Chinese company, known as Sinopec, owns just a 33% stake in the blocks but is responsible for funding
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Ye Shiwen’s world record Olympic swim ‘disturbing’, says top US coach
The Guardian
“You can’t turn around and call it racism to say the Chinese have a doping history,” Leonard said. “That is just history. That’s fact. Does that make us suspicious? Of course. You have to question any outrageous performance, and that is an outrageous
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2012 Summer Olympics medal count: China still leads the U.S.
Zap2it.com (blog)
The United States is right on China’s tail, though, with 11 medals (three gold, five silver and three bronze). There are 15 different medal events on Monday (July 30), so perhaps by day’s end the U.S. will have taken the lead. So far, China has led the entire two
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Men’s Gymnastics 2012: US Team Shouldn’t Relax After Strong Start
Bleacher Report
The U.S. gymnasts said they were aware of China’s struggles in the first session and Japan’s stumbles during their competition but weren’t focused on those results. ‘It’s prelims. Everyone starts over. They’re a great team; no one is discounting them,’ U.S.
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China Wins Gold in Men’s Synchronized 10-Meter Platform Dive
Businessweek
Mexico’s German Sanchez Sanchez and Ivan Garcia Navarro’s risky dives pushed the American team of Nick McCrory and David Boudia down to the bronze. British divers Tom Daley and Peter Waterfield led the competition after three dives before China’s
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Chinese swimmer’s unprecedented time raises eyebrows
USA TODAY
Sun Yang won gold in the men’s 400 freestyle, which was expected. Ye Shiwen won gold in the women’s 400 IM, which was not. In fact, the last 50 meters of her freestyle leg was faster than Lochte’s in the men’s version of the same race. “Yeah, we were all
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London Olympics 2012: US coach concerned over Chinese swimmer Ye
Daily Mail
A top US swimming coach has branded the record-breaking performance from 16-year-old Ye Shiwen from China ‘unbelievable’ and ‘disturbing’ and said history suggested doping could be involved. Ye smashed the world record for the women’s 400m
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