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U.S. China News 2012.08.11

Sat, August 11, 2012

As Olympics wind down, USA expects to win medal race
USA TODAY
LONDON – With a day remaining in these Olympics, the United States is expected to leave London with the biggest medal haul of all. Heading into Saturday night, Team USA had won 96 medals to China’s 83. The Americans were leading in the gold medal
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Olympic medal table: How is China even close to the US?
Christian Science Monitor
Advertisements. Olympic medal table: How is China even close to the US? The Olympic medal table shows that there are many different Olympic stories – and many different paths to winning a lot of medals. The US and China go about it in opposite ways.
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U.S. stock futures point south after China data
MarketWatch
August 10, 2012|MarketWatch. MARKETWATCH FRONT PAGE. U.S. stock market futures fall Friday, tracking global markets lower, after worse-than-expected China trade data puts investors in a risk-averse mood. See full story. Yahoo says CEO reviewing
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US stocks manage 6th day of gains, stimulus eyed
Reuters
NEW YORK (Reuters) – U.S. stocks notched a gain for the sixth session in a row on Friday, while the euro faltered as gloomy Chinese economic data butted up against expectations policymakers could act to shore up the world’s economies. Stock markets’
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US stocks hit as China data disappoint
MarketWatch
NewsWatch. August 10, 2012|MarketWatch. MARKETWATCH FRONT PAGE. U.S. stocks fall Friday, with the S&P 500 curtailing weekly gains after an extended rise, after Chinese trade data yielded disappointing results. See full story. Atlantic storms keep oil,
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Asia Stocks Gain This Week on US Data, China Policy Optimism
Bloomberg
Asian stocks rose this week, with the benchmark index posting its biggest weekly gain since January, as economic data from the U.S. boosted confidence in the world’s largest economy amid speculation China will do more to support growth. Toyota Motor
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What Role for China in the US Battery Industry?
Energy Collective
Earlier this week the great mystery of what is going to happen to A123 Systems, which has been bleeding cash at a clearly unsustainable rate, was answered when it announced that Wanxiang Group Corp. had agreed to invest up to $450 million in exchange
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USOC savoring lead in Olympic medals race, as margin over the Chinese grows
Newser
With the games winding down, the U.S. had opened a significant lead over China in the overall medals race, and also were holding off the Chinese in the chase to win the most gold medals. If the Americans finish atop the medal standings _ and it was a
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US Treasurys Rise on China Data, But End Down for Week
Wall Street Journal
A sharp slowdown in Chinese exports in July, coupled with new loans made by Chinese banks hitting a 10-month low during the same month, reignited anxiety about the outlook for the global economy. Optimism had mounted over the past couple of weeks
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US heading for win over China in both medals races
Albany Times Union
United States‘ Will Claye, silver, Italy’s Fabrizio Donato, bronze, and United States‘ gold medal winner Christian Taylor, from left, celebrate after the men’s triple jump final during the athletics in the Olympic Stadium at the 2012 Summer Olympics
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Credit Swaps in US Rise as China, Europe Data Signal Slowdown
Bloomberg
Economic weakness from China to the U.S. will pressure corporate cash flows and weigh on companies’ ability to service debt obligations. Slow growth also means low interest rates, prodding borrowers to seek new debt, according to John Lekas, chief
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U.S. import prices, China trade data in focus
MarketWatch
China data take toll on European stocks. Weaker-than-expected data on Chinese exports Friday provided a sell signal for investors who have pushed up Europe’s benchmark stock index for five days straight, with drug, oil and food sectors in the
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US heading for win over China in both medals races
Yahoo! Sports
LONDON (AP) — With a surge of medals in track and field, the United States has sprinted ahead of China and is poised to finish atop the medals table at the London Olympics – maybe with the most golds ever collected by the Americans on foreign soil.
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Dangerous Shoals: US Policy in the South China Sea
Carnegie Endowment for International Peace
The rhetoric is growing hotter among China, most of its Southeast Asian neighbors, and the United States. Last week, the State Department took the unusual step of issuing a press statement that singled out Chinese behavior for criticism in creating a
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Whistle-blower in Chinese murder case may face trial
Los Angeles Times
They are prosecuting people who tried to expose the murder,” said Watson Meng, founder and editor in chief of Boxun, a U.S.-based Chinese-language website that is reporting extensively on the case. The Communist Party is eager to wrap up the case
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US poised to win medal count
Denver Post (blog)
London — At the 2008 Beijing Olympics, the U.S. and China both claimed to have won the medal count. China had more gold medals (51-36), the ranking most countries use to determine who’s on top of the table, but the U.S. had the most medals (110-100).
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Another New Low For USChina Trade
Seeking Alpha
On August 9, the Census Department published the trade data for June, the 29th consecutive month in which the US merchandise trade deficit with China has worsened and the 20th consecutive month that it has set a record low. The US merchandise trade
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US STOCKS-Chinese data reins in Wall St, S&P still up for week
Reuters
NEW YORK, Aug 10 (Reuters) – U.S. stocks fell on Friday on a raft of weak data from China that signaled a slowing global economy, but the S&P 500 remained on track for a fifth straight week of gains. Data on Chinese trade and bank lending suggested
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Fake Chinese parts in US-made arms leave India at risk
Firstpost
New York: India, a big buyer of American arms, is understandably concerned by a key US senate committee report that finds vast numbers of counterfeit Chinese electronic parts are being used in US military equipment. Where does it leave India if suspect
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PRECIOUS-Gold up on stimulus hopes after weak Chinese data
Reuters
Gold lifted by hopes of China stimulus after weak data * Inflation worries brew as corn record high on USDA data * Gold investors wait for signals from Fed, ECB * Coming Up: U.S. retail sales on Tuesday (Adds details, graphic link, updates market
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Chinese delegation orders US$1 billion in goods
Focus Taiwan News Channel
11 (CNA) A trade mission from China has placed US$1.13 billion worth of orders with Taiwanese businesses as a result of procurement forums organized Friday by Taiwan External Trade Development Council (TAITRA). Representatives of more than 20
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China pair leads Boudia in semis
FOXSports.com
David Boudia of the United States qualified third with 531.15 points as he looks to add to his bronze in synchro with Nicholas McCrory. Tom Daley of Britain, the 2009 world champion, placed fourth and drew loud cheers. McCrory also advanced in seventh.
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Bill Cohen: US may join allies in Syria ‘no-fly’ zone; Romney to regret China
Bangor Daily News
WASHINGTON — The United States and allied forces probably will impose a “no-fly zone” over Syria and take other “more aggressive action” against the Syrian regime, former Defense Secretary William Cohen says. While the U.S. has been leery of another
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Money talks in US presidential race
China Daily
Money talks in US presidential race The Occupy Wall Street protest last year was against money in politics. It is not difficult to figure why if you have been following the 2012 US presidential campaign. US President Barack Obama has stepped up his
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Report On Religious Freedom In China
Voice of America
Although the People’s Republic of China’s constitution provides for freedom of “religious belief,” protections for religious practice are limited to “normal religious activities.” According to the U.S. Department of State’s Office of International
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US ahead of China in medals race
Business Recorder (blog)
phelps KARACHI: US leading all the way in the medal table beating China the top favourite of London Olympics. Heading into the final weekend of competition the U.S. leads both the gold and overall medals races after trailing the Chinese most of the games.
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Auto parts firm making bid for US battery maker
China Daily
Wanxiang Group Corp, a Chinese producer of automobile parts, plans to invest up to $450 million in A123 Systems Inc, a US-based producer of lithium-ion batteries, to take advantages of opportunities in China’s booming electric battery industry. On
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TREASURIES-US bond prices gain on worries about global economy
Reuters
China’s July exports grow less then expected * Yields on U.S. Treasury debt rise for the week * U.S. CPI, retail sales data expected next week By Chris Reese and Luciana Lopez NEW YORK, Aug 10 (Reuters) – U.S. Treasury debt prices rose on Friday,
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GLOBAL MARKETS-US stocks manage 6th day of gains, stimulus eyed
Reuters
U.S. shares recover in late trading to end higher. * Limbo of ECB bond-buying dominates sentiment. * Weak China data adds to stimulus talk. * Euro hits one-week low against the dollar. By Leah Schnurr. NEW YORK, Aug 10 (Reuters) – U.S. stocks notched a
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US should not send wrong message in South China Sea
China Daily
The US State Department issued a statement on Aug 3 that criticized China’s recent move to set up the city of Sansha and its garrison as “running counter to collaborative diplomatic efforts to resolve differences and risking further escalating tensions
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With unbeatable lead, USA rules 2012 London Olympics medal count
New York Daily News
Either way, by the time the U.S. women set a world record in the 4×100 relay on Friday night, the U.S. had its 41st gold medal and an insurmountable lead. China choked again, one last time, blowing the synchronized swimming team title to Russia. Too
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Women’s volleyball: US getting ready for Brazil
Richmond Times Dispatch
McCutcheon has long since separated that China trip from his latest coaching assignment: bringing home the first Olympic gold for the American women. They won silver in Beijing and soon after committed themselves to gold in London. McCutcheon’s players
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US Markets Resist ‘Horrible’ China Trade Data
CNBC.com (blog)
China lowered the RRR in May to 20 percent from 20.5 percent. The RRR sets the minimum reserves a bank must hold; cutting it allows more money to be lent. But just like the U.S. and Europe, the problem isn’t money. There just isn’t any demand. So how
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US women smash 27-year sprint record
China Post
The victory pushed the United States out to a four-gold lead on the medals table, with 41 to China’s 37 and only two days of competition to go. Host Britain is third on 25. The Bahamas become the first team to beat the United States in the 4×400-meter
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Most U.S. Stocks Decline Amid Disappointing Chinese Trade Report
San Francisco Chronicle
Aug. 10 (Bloomberg) — Most U.S. stocks declined, trimming the longest weekly advance since March for the Standard & Poor’s 500 Index, after a worse-than-expected Chinese trade report intensified concern that global economic growth is slowing. Yahoo!
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U.S. stocks extend gains for fifth week
NASDAQ
FXstreet.com (San Francisco) – Stocks on Walls Street again traded with little action for a third straight day on Friday, undermined by disappointing economic data from China and the U.S, which stoked further concern of a global slowdown. However, the
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China lobbies to prevent leaders from meeting Dalai’
Zee News
`China lobbies to prevent leaders from meeting Dalai` Washington: Tibet is among the most sensitive issues in USChina relations, a Congressional report has said, claiming that Beijing lobbies strenuously to prevent world leaders from meeting the Dalai
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XLRI announces global MBA course with B-schools from US, China
Economic Times
Sixty students of three nationalities studying in the global management program would be together during the two- year term at respective institutes in India, US and China, Abraham S J said. XLRI is also planning to include a Brazilian B School in the
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Navigating uncharted waters of the Asian century
The Age
Central to this shift has been the re-emergence of China and India as economic, political and military powers, and a relative decline of US power. But this image of an Asian resurgence is only part of the picture. ”While Asia is an economic powerhouse
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Chinese politician’s wife admits to murdering Brit in court
USA TODAY
BEIJING – The wife of a disgraced top Chinese politician was a depressed woman on medication but a willful murderer who poisoned a British businessman while in fear for her son’s life, official media said Friday in what appeared to be a prelude to her
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Richard Deitsch: Daily Olympic Briefing: Aug. 11
SI.com
Both China’s Qui Bo and Lin Yue are likely to hit the medal stand in the men’s 10-meter platform final (3:30 p.m.), which would continue China’s dominance in diving at these Games. The highest ranking American after the preliminaries was Nick McCrory
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US House speaker’s appearance draws protesters
Rockford Register Star
But Sensata earns much of its revenue from emerging markets such as China. “Consolidating manufacturing closer to our customers in emerging markets has enabled us to … grow during challenging economic times,” Megathlin said. “Today we are one of the
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