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U.S. China News 2012.08.18

Sat, August 18, 2012

Canadian stocks rise on China, U.S. hopes
MarketWatch
CHICAGO (MarketWatch) — Canadian stocks rose Friday on increased confidence China would soon unveil more stimulus plans and on hopes for the U.S. recovery. Canada’s S&P/TSX Composite Index (CA:GSPTSE) rose 57.31 points, or 0.5%, to 12089.89.
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China’s Wen urges North Korea to let the market help revamp economy
Reuters
Beijing has had difficulty managing the relationship with North Korea, which it views as a strategically critical buffer between itself and U.S. military forces in South Korea. But North Korea is often more cantankerous than China would like, in
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China, US cooperate on smoking control in workplaces
China Daily
BEIJING – China and the United States have established the Sino-US Partnership on Smoke-free Workplaces, pledging cemented efforts regarding tobacco control in workplaces. The partnership was announced in a joint statement issued by the Ministry of
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China’s threat to the US is overblown
Biddeford Journal Tribune
Some had worried that, having topped the U.S. in gold medals four years ago, China was about to overtake the United States as the world leader – at least in total Olympic medals. Such worries are a symptom of a bigger concern. Speculation has increased
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China’s shrinking economy
Fox News
So what does this mean for us here in the United States? Many policymakers believe severe troubles in China will rock the United States so we need to support Chinese growth. Clearly, a sudden failure there would roil global markets because
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US says stepping up trade activity in Africa
Reuters
China trade with Africa up more 1400 percent since 2000. * US business feels left out of planning on African trade. By Doug Palmer. WASHINGTON, Aug 17 (Reuters) – President Barack Obama’s administration, criticized for not doing enough to boost trade
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Too Much Ado about China
American Thinker
The left sets China as a job-devouring bogey, whose appetite is as voracious as any 800-pound cable-television curiosity. The right laments China’s economic ascension, which could topple the United States from its envious (from a political perspective
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METALS-Copper rises again on Merkel comments, US data
Reuters
17 (Reuters) – Copper prices rose for a second session on Friday as upbeat U.S. consumer confidence data and supportive comments from German Chancellor Angela Merkel on solving the euro zone crisis offset concerns about China’s slowing economy.
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David Black, the oil refinery, Adrian Dix, and ChinaUS relations
Straight.com
There’s a lot of money to be made in promoting the oil industry. All you have to do is look at the big Canadian Association of Petroleum Producers advertisements in the Vancouver Sun, not to mention all those retail-gasoline messages on various
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China July New-Home Prices Rise in More Cities After Rate Cuts
Bloomberg
China‘s July housing data showed prices of new homes rose in the largest number of cities in 14 months, as sentiment improved after interest rate cuts and incentives for first-time buyers. Prices climbed from a month earlier in 49 of the 70 cities
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Money And Investing In China: Intel Capital Targets E-Commerce Growth
Forbes
Intel Capital, the investment arm of the big U.S. semiconductor maker that has invested more than $650 million in over 100 Chinese companies, is known for putting money into enterprises that fit in with its core offering. Yet it also makes investments
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Dave on Demand: You can stamp this, too, ‘made in China
Philadelphia Inquirer
A Chinese nuclear submarine has foundered off the coast of San Diego. We want to rescue the scores of sailors on board. China vows to set off the nuclear reactor on the sub before allowing it to fall into American hands. The president informs the
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China, Britain, the Olympics and capitalist media
Workers World
The U.S. media, from right-wing Fox News to the liberal pundits of MSNBC, had a great deal to say about the host nation. Claims were made about China’s air quality due to pollution. Tibetan separatists assaulted a woman in a wheel chair while snatching
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US government owes $5.2923 trillion to foreign interests
Catholic Online
Although the Chinese maintained their place as the top foreign owners of U.S. debt in June, they are not the top owners of U.S. debt in the world, which belongs to the U.S. Federal Reserve. According to its July monthly report, the Federal Reserve
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Flamboyant Crime Fighter Now May Face Chinese Justice Over Role in Scandal
New York Times
His coup de grâce was revealing to American diplomats in February his suspicions that the wife of Bo Xilai, his boss who was then running this western metropolis, had murdered a British business associate. But there is another side to Mr. Wang, now
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Japan’s Diplomatic Tensions With China and South Korea Intensify Over
Voice of America
At that time, they came under temporary control of the United States. China does not recognize the nineteen fifty-one Treaty of San Francisco, under which Japan transferred control of the islands to the United States. In nineteen seventy-two, the
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US says stepping up trade activity in Africa
Reuters
Two-way trade between China and Africa totaled just $8.9 billion in 2000, but grew more than 1400 percent over the next decade to $127.3 billion in 2011, according to a U.S. Congressional Research Service report. Trade between the United States and the
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US protectionist policies toward China hurt own interests
People’s Daily Online
17 (Xinhua) — U.S. protectionist trade policies toward China and legislative efforts to punish Beijing for alleged currency manipulation would only hurt Americans’ own interests, a U.S. newspaper reported Friday. Citing analysis by the U.S.China
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China’s “peaceful” rising-A Marxist Historian’s View
Political Affairs Magazine
Just as politicians like Franklin Delano Roosevelt in the U.S. and others through the world adopted policies taken from the socialist movement to both save and reform capitalism, especially state investment based on Keynesian economic theory, Chinese
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Beware of China’s YouTube
Barron’s
Youku, an online video portal that has been hailed as the YouTube of China, made its New York debut in December 2010 and has already filled its short history with much drama. The Beijing company’s American depositary shares (ticker: YOKU) swiftly
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Walmart joins China’s Web retail market
San Francisco Chronicle
That puts China at the same level as the United States. “It will more than likely surpass the U.S. in the next two years,” he said. With many retailers having slashed their delivery charges, there’s little reason for Chinese consumers to go to old
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China’s slowdown hurts corporate profits
Xinhua
As of Friday, 1003 companies listed on the Shanghai Stock Exchange or Shenzhen Stock Exchange posted a combined first-half net profit of 180.21 billion yuan (28.38 billion U.S. dollars), up 6.75 percent year on year, Saturday’s China Securities Journal
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Ecuador’s leader seizes global spotlight in asylum fight
China Daily
Correa has spurned US-backed lenders in favor of Russia, Iran and China. At home, analysts don’t think the Assange embrace will have much effect on Correa’s high popularity. His approval ratings top 70 percent, in large part due to generous social
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Senators press Pentagon to freeze out defense contractor over China chopper
Fox News
Senior lawmakers on the Senate Armed Services Committee are asking the Pentagon to consider breaking ties with a mega-U.S. defense contractor over concerns about its collaboration with China’s military. United Technologies subsidiary Pratt and Whitney
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USChina cooperation on Middle East should be constructive
People’s Daily Online
According to reports, this dialogue is one of the achievements made by the fourth-round ChinaU.S. Strategic and Economic Dialogue held in May 2012. Fundamentally, it is caused by the combination of three powers of China, the United States and Middle
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China, US Sign Partnership on Smoke-Free Workplaces
Occupational Health and Safety
The U.S. Department of Health and Human Services and China’s Ministry of Health have signed agreed to launch the ChinaUnited States Partnership on Smoke-free Workplaces, the two agencies announced in a joint statement Aug. 17. The Xinhua news
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Google’s Motorola seeks ban on US imports of iPhone, iPad and Apple computers
NDTV
Motorola has filed a complaint at the United States International Trade Commission seeking a ban on US imports of devices including the iPhone, iPad and Apple computers. Since Apple products are made in China, US sales are technically imports from
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Bain Closes US Plant, Forces Workers to Train Chinese Replacements
DailyFinance
As for the story why don’t the american workers pick up pipes, wrenches, etc and send the chinese workers back to china in a lot different shape than when they arrived. After they finish with the stinking commies than do the same thing to the
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Britain needs China’s tourists – why isn’t it getting them?
The Guardian
The UK is high up in the list of places that the Chinese want to visit; lagging behind the US, the dreamland of opportunities, but often ahead of the rest of Europe. There is a sense of mystery about the UK: it’s often the images of England’s green
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Ridge Golfer Ku to Represent US in USAChina Match
Patch.com
The United States Golf Association, based in the Far Hills section of Bernards Township, has announced that a team of four boys and four girls has been selected to represent the United States in the USAChina Youth Golf Match, a competition conducted
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Chinese, US charities launch hearing-aid donation
China.org.cn
Chinese, US charities launch hearing-aid donation. 0 Comment(s) Print E-mail Xinhua, August 18, 2012. Adjust font size: Charity foundations from the United States and China are to jointly carry out a 10-year program to help Chinese with hearing loss.
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Kobe Bryant begins Asian tour in China, promotes Nike Zoom Dream Season 4
Examiner.com
Everywhere Team USA Basketball went throughout Europe on their way to London, it was Bryant who was getting the most media attention – possibly because of his Italian roots – and receiving the most adulation from the fans. Americans might finally be
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Peace initiative receives positive response in US: envoy
Focus Taiwan News Channel
17 (CNA) President Ma Ying-jeou’s East China Sea Peace Initiative to help resolve the dispute over the Tiaoyutai Islands has received a positive response from the U.S. authorities, Taiwan’s representative to the United States said Friday. Jason Yuan
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Top 10 US Olympic athletes
Human Events
U.S. diver David Boudia wasn’t expected to compete for a gold medal but his performance in the 10-meter platform upended the favorite, world champion Qiu Bo from China. For the U.S. team it was the first gold medal in men’s diving since Greg Louganis
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China Gas Reinstates Liu as Head After Embezzlement Case Dropped
Bloomberg
China Gas Holdings Ltd. (384), the target of a $2 billion hostile takeover, reinstated Liu Ming Hui as managing director 20 months after his arrest in Shenzhen on suspicion of embezzlement led to his ouster. The Hong Kong-based distributor of gas in
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South Sudan says China to help build new airport in Juba
Chicago Tribune
JUBA (Reuters) – South Sudan said on Friday China would help build a new airport in the capital Juba, completing a project that has highlighted the government’s struggle to execute infrastructure projects. South Sudan has been trying to build up
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China’s Qiu and Lin lead Boudia in diving semis
Las Vegas Sun
Even the Chinese didn’t attempt that one. Sanchez scored 98.40 points on it, while Garcia earned 77.90. Nick McCrory of the U.S. moved on in eighth at 480.90. “It was a consistent effort _ no hits, no misses,” the Olympic rookie said. “The goal was
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China’s Richest 1 Percent Hold 70 Percent Of Their Nation’s Private Wealth
ThinkProgress
But the U.S. is hardly the only nation grappling with extreme inequality. As the Wall In China, where nearly half the population is still rural, just under 1% of households control more than 70% of the nation’s private financial wealth, BCG
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