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U.S. China News 2012.08.25

Sat, August 25, 2012

China eagerly buying up American assets
Los Angeles Times
BEIJING — Facing a sharp economic slowdown at home, Chinese companies are plowing money into U.S. assets at a record pace, making huge bids for American energy, aviation, entertainment and other businesses. The increase in investment, already at
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China Implications of Apple’s US Patent Victory Over Samsung
Business Insider
As you may have heard by now, Apple had a rather decisive win in Federal court on Friday over rival device maker Samsung. This was a U.S. case, involving American patents, but are there any China implications of the verdict? The brief answer is not
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China opposes application of US-Japan security treaty to Diaoyu Islands
Xinhua
WASHINGTON, Aug. 25 (Xinhua) — China strongly opposes any application of the U.S.-Japan security treaty to China’s Diaoyu Islands, a visiting senior Chinese military official told his U.S. colleagues here on Friday. During meetings with senior U.S
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China’s chaotic health care drives patient attacks
U.S. News & World Report
By GILLIAN WONG, Associated Press. HENGYANG, China (AP) — Dr. Chen Yuna had just eaten her lunch and was seated at her desk updating patients’ medical records when a masked man entered her office. He pulled out a dagger and stabbed her 28
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Wen Says China Should Adopt Measures to Promote Export Growth
Bloomberg
The World Trade Organization’s judges will probe China’s export quotas and tariffs on rare earths, tungsten and molybdenum, following complaints by the U.S., European Union and Japan that the curbs break global commerce rules. U.S. President Barack
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REPORT SAYS 2.7 MILLION AMERICAN JOBS HAVE GONE TO CHINA
Sky Valley Chronicle
(NATIONAL) — A new research report by the Economic Policy Institute, often described as a left-of-center economic think tank in Washington, D.C., estimates there are about 5.1 million fewer American manufacturing jobs now than at the start of 2001 and
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China eye great escape at USA expense
Fifa.com
The smart money was on a similarly sobering defeat in the following match against joint favourites USA, but the Chinese rallied impressively to secure a 1-1 draw, and even took a 19th-minute lead through Shen Lili. US coach Steve Swanson paid tribute
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Cheering for China
Chicago Tribune
But we’re not talking about the U.S. or Europe. China is in the midst of a major economic funk, as Western demand for its goods stalls: A week ago the government’s Commerce Ministry said China’s trade outlook is worsening, with its rate of investment
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Yuan tipped to replace US dollar, Euro in southeast Asia
Xinhua
BANGKOK, Aug. 25 (Xinhua) — China’s currency could be eventually used as an alternative to the U.S. dollar and Euro by southeast Asian countries, experts said. Phathanaphong Phusuwan, a senior official of the Bank of Thailand, said in a seminar on
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China calls for new-type military relationship with US
Chinadaily USA
WASHINGTON — A visiting high-ranking Chinese Army officer on Friday stressed the importance of developing a new type of military-to-military relationship with the United States, so to boost pragmatic cooperation in various spheres. In an interview
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US STOCKS-Wall St gains on stimulus hopes, but ends week lower
Reuters
NEW YORK, Aug 24 (Reuters) – U.S. stocks climbed on Friday on news the European Central Bank is considering setting targets in a new bond-buying program that could help contain euro-zone borrowing costs and on hopes of more stimulus from the
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China missile advances aimed at thwarting US, analysts say
Austin American-Statesman
HONG KONG — China is developing a new, more capable generation of intercontinental ballistic missiles and submarine-launched missiles, increasing its ability to deliver nuclear warheads to the United States and to overwhelm missile defense systems,
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US: Missile defense for NKorea threat, not China
Las Vegas Sun
U.S. defense planners are also concerned about China’s military buildup, including its missile capabilities. The U.S. wants to enhance its longstanding military presence in the region as part of a rebalancing of its forces after a decade of fighting in
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Asian Stocks Post Weekly Drop On Global Slowdown Concern
Businessweek
Asian stocks declined for the first week in four, with the region’s benchmark index retreating from the highest level since May, on signs of slower growth in the U.S. and China and amid concern Europe’s leaders aren’t making progress in solving the
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US, China slow growth drops Asian Stocks
Dice News
Since May, area’s standard index retreated from the peak level because of which the Asian stocks saw a fall, on signals of milder increase in the China and U.S in between the worry that the leaders of Europe are not making growth in resolving the debt
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China’s New Shadow Government, Cash for Organs, and the Threat to America
Canada Free Press
This being the case, the average American news consumer wouldn’t have been aware that February 6, 2012 was the day the U.S. could have gone to war with the People’s Republic of China. It was also the day that the American President Barack Obama
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China willing to promote military ties with US
Zee News
Washington: China is willing to work with the US to properly handle their differences and promote stable and sound development of military-to-military ties, a senior Chinese Army officer has said. Cai Yingting, a deputy chief of the general staff of
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Report: America Lost 2.7 Million Jobs to China in 10 Years
U.S. News & World Report
Alan Mulally (fifth from left), chief executive officer of Ford Motor Co., celebrates the new Changan Ford Mazda Automobile plant in Chongqing, China, on Friday, Sept. 25, 2009. Ford, the only major U.S. automaker to avoid bankruptcy, is boosting its
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Russia Eyes US Tech, With Putin’s Blessing
Businessweek
sank into poverty, is buying up stakes in research-and-development companies in Europe, China, Israel and especially the U.S. as chief executive officer of Moscow-based OAO Rusnano, the former state-funded Russian Corporation of Nanotechnologies.
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US equities break six-week winning streak
Taipei Times
A rebound on Friday on signs that authorities in China, the US and Europe might be more ready to take action to support their respective economies erased some of the earlier losses, keeping the indices near their multi-year highs. However, momentum was
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3 Reasons Why China Wants Its Citizens To Own Precious Metals
Seeking Alpha
Not only has the Chinese government been moving toward holding precious metals in reserve as an alternative to paper currencies like the U.S. Dollar, it has also recently encouraged its citizens to own precious metals as a way to store their wealth in
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Rants & Raves: Free trade is fraud
Florida Times-Union
The huge trade gap with China is draining the life out of the middle class and the U.S. economy. We often hear that China is buying up our U.S. treasury bills, but never any explanation of why the Chinese have so many of our dollars in the first place
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‘Iran and Egypt going to offset Saudi and US in Mid-East’
RT
Egypt needs immediate cash from the US, the IMF and the Gulf monarchies, but as for Cairo’s geopolitical interests, “in the long term [the Egyptians] want to get better with China, who can fill the gap so that they don’t have to rely on the West
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Smelting copper in Serbia as prices decline
San Francisco Chronicle (blog)
Copper declined, trimming a third weekly advance, on concerns over the progress in solving Europe’s debt crisis, disappointing U.S. data and further tightening measures in China’s property market. Photo: Oliver Bunic, Bloomberg / SF. Liquid brass – a
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One Hundred Years After the Kuomintang
The New American
Which brings us to China. Today, the predecessor of another Marxist regime celebrates its 100th anniversary.The Kuomintang, or Chinese Nationalist Party in China, has uniformly been given a bad reputation in academic communities and its members are
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USA team falls to China 7 to 9 in USAChina Youth Golf Match at CordeValle
Examiner.com
(24 August, 2012) CordeValle Resort, in San Martin, CA (45 minutes south of San José) hosted a two-day competition between two teams of junior golfers – one from the United States and one from China – in a Ryder Cup-Style golf match played out over the
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China trade has cost Maine 10000 jobs since 2001, study finds
Bangor Daily News
Since 2001, the year China joined the World Trade Organization, “the extraordinary growth of trade between China and the United States has had a dramatic effect on U.S. workers and the domestic economy, though in neither case has this effect been
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Chinese more willing to keep foreign currencies
People’s Daily Online
Individuals and institutions exchanged 127.5 billion U.S. dollars in foreign currencies for Renminbi through Chinese banks, while buying 127 billion U.S. dollars of foreign currencies from financial institutions during the month. This resulted in a
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US insists missile defense targets DPRK, not China
EastDay.com
Washington’s plan to expand an advanced missile-defense system in Asia is directed at Pyongyang, not Beijing, the US State Department said on Thursday. However, military experts in both the United States and China questioned the US‘ intentions, saying
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US jury orders Samsung to pay Apple $1.05b
China Daily
SAN JOSE, Calif. – A US jury on Friday handed Apple Inc a sweeping victory in its legal war with Samsung, ruling that the Korean company had copied critical features of the hugely popular iPhone and iPad and awarding the US company $1.05 billion in
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‘New Chinese Missiles Aiming to Thwart US Defence’
Outlook
China has developed a new generation of inter-continental and Submarine launched missiles capable of carrying as many as 10 nuclear warheads, increasing its ability to reach US and to overwhelm missile defence systems. The US military and intelligence
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China patrol vessel heads to Hawaii for joint exercises
AsiaOne
The Haixun 31 maritime patrol vessel, one of China’s biggest maritime patrol ships, will set out for its first visit to the United States on Saturday. Scheduled to depart from Shanghai at 10:30 am, Haixun 31 is expected to arrive in Hawaii on Sept 4
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7 Stocks With Exposure To China’s Growing Orthopedic Market
Seeking Alpha
Low Implantation rates represent considerable room for continued growth: Although China’s orthopedic market has experienced 18%+ annual growth over the past several years, it is still less than one tenth of the U.S. market. The orthopedics market in
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U.S. Premiere of ‘Blood and Bone China‘ Coming to Convention at Crowne Plaza
Patch.com
“Blood and Bone China” is a feature-length Gothic Victorian vampire film that is created and directed by award-winning filmmaker Chris Stone, and set and shot in Stone’s hometown of Stoke-On-Trent. Plot synopsis: It is 1897 and a city is in turmoil
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Report: Growing US trade deficit with China cost 2.7 million jobs between 2001
Augusta Free Press
The U.S. trade deficit with China eliminated or displaced more than 2.7 million U.S. jobs between 2001 and 2011, a new Economic Policy Institute briefing paper finds. The China toll: Growing U.S. trade deficit with China cost more than 2.7 million jobs
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Apple’s iPhone Sales In China Lag Behind Rivals
CIO Today
Piper Jaffray estimates that Apple controls 55 percent of smartphone sales in the United States, but the company’s smartphone market share is closer to 10 percent in emerging markets such as China. In the wake of the introduction of the iPhone 5
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The sound, the fury and the impotent election
China.org.cn
Ever since President Nixon’s historic visit to China in 1972 – which has even had an opera composed about it – the ChinaUS relationship has been notable for its stability rather than conflict. Sure, there have been conflicts – arguments about human
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China continues developing new warheads
San Francisco Chronicle
Larry Wortzel, a former U.S. military intelligence officer and retired Army colonel who is now a commissioner of the U.S.China Economic and Security Review Commission, a panel created by Congress, said that China was developing the capability to put
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US: Missile defense for North Korea threat, not China
Alaskajournal.com
US: Missile defense for North Korea threat, not China. MATTHEW PENNINGTON, Associated Press. WASHINGTON (AP) — The United States is in discussions with close ally Japan about expanding a missile defense system in Asia, the top U.S. general said
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China aims to hike foreign stakes in brokerages
Daily Star Online
The China Securities Regulatory Commission said the planned change followed a pledge made during key talks between China and the United States which were held in May, according to a statement. At the annual Strategic and Economic Dialogue, US
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