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U.S. China News 2012.08.26

Sun, August 26, 2012

China seeks new military relationship with US
BEIJING, August 26 (Xinhuanet) — The deputy chief of staff of China’s People’s Liberation Army has stressed the importance of developing a new type of military relationship with the United States. Cai Yingting is now on a visit to the United States
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Education: U.S. education system slipping behind China, India
Spain’s Princess Letizia Kneels down among children in a classroom as she tours P.S. 75 Emily Dickinson School with city officials, diplomats and school administrators in New York City on June 22. U.S. schools are falling behind China’s and India’s in
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STRATEGIC WEAPONS: Slowly Evolving Chinese ICBMs
Strategy Page
August 26, 2012: On July 24th China tested its new DF-41 ICBM, and used a final stage containing multiple warheads. The U.S. announced the test, and had apparently monitored it with satellites and other air, land and sea based sensors. It was not
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The China bugbear in US business
Hindu Business Line
An ideological issue frequently crops up during the presidential election season in the US: should the government be actively involved in the private sector, or let the market do its thing? The Obama camp, which handed out money to rescue firms and
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China’s African influence expanding
While Western countries and the U.S. have provided assistance over the years, China now is doing the same, but it is not interfering in the internal affairs of these African countries. Analysts say that the perception is that Western countries have
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China Construction Bank 1st-half profit up 15%
Bank of America initially paid $3 billion for a 10% stake in CCB before the Chinese lender’s Hong Kong listing in 2005. The U.S. bank now owns about a 1% stake in the Chinese lender after it sold most of the stake in August and November last year to
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China Petroleum & Chemical Corporation Announces 2012 Interim Results
Sacramento Bee
The first half of 2012 witnessed an economic slow-down in the United States, the debt crisis and consequent recession in Europe, and slower growth in China and other emerging markets. The international price of crude oil rose and then dropped in the
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US U-20 WNT Faces Defending Champion Germany in Group Finale of U-20
ADVANCEMENT SCENARIOS: The USA, coming off a 1-1 draw against China PR on Thursday, can assure itself of quarterfinal advancement with a win or a draw against Germany. The top two teams from each group advance to the second round. AU.
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China’s Leveraged Buyout Spree Not Ending
Seeking Alpha
Many US-listed Chinese companies have their eye on going private. This is the combined result of the current weakness of the U.S. capital markets, significant losses in the value of many US-listed Chinese companies, and pessimistic market forecasts
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China’s missile advances aimed at thwarting US defenses, analysts say
International News Network
Hong Kong: China is moving ahead with the development of a new and more capable generation of intercontinental ballistic missiles and submarine-launched missiles, giving it a greater capability to hit targets in the United States and to overwhelm any
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US stays out of island disputes
Hoping to remain neutral in territorial disputes over the Takeshima and Senkaku islands, the United States has urged Japan, South Korea and China to resolve the issues through peaceful dialogue. US State Department spokeswoman Victoria Nuland said at
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Hopes of US, China easing may lift market
Business Times – Malaysia
THE stock market may be traded marginally higher this week, driven by expectations that US and China policymakers will ease monetary policy to boost growth. Based on the US Federal Open Market Committee (FOMC) minutes made public recently,
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US stars seek answers
China Daily
US stars seek answers. Updated: 2012-08-26 07:59. By AFP (China Daily). Print, Mail, Large Medium Small, 分享按钮, 0. US stars seek answers. Outside of the Williams sisters, Americans struggling in Grand Slams, AFP reports. American tennis, once the
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GOP convention protesters: storms won’t stop them
U.S. News & World Report
That message rings true for 52-year-old Tom Gaurapp and Cheryl Landecker from Freeport, Ill. Both worked for Sensata Technologies in the city of some 25,000 people and say 170 jobs there, including their own, were outsourced to China. Occupy is a left
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Where American Education Lines Up Against China
The Root
It’s no secret that America’s educational systems could use some help. New York Times columnist Charles M. Blow charges that the country is in dire straits. Lining up statistics from a recent report, Blow details how students in the United States have
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Application of US-Japan treaty to Diaoyu Islands opposed
U.S. Deputy Defense Secretary Ashton B. Carter poses with Cai Yingting, Chinese deputy chief of the General Staff of the People’s Liberation Army, and his delegation stand for a photograph before a meeting at the Pentagon, Aug. 23, 2012. DOD photo By
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China calls for new-type military relationship with US
The Chinese officer said that the two sides have to make concrete efforts to overcome differences, increase mutual trust and deepen the ChinaUS military relationship, which has been repeatedly interrupted by the US arms sales to Taiwan, including
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Dozens of Chinese crime suspects deported from Angola
While Western countries are still important players in Africa’s energy sector, the deepening engagement of China in Africa’s infrastructure, mineral sector and telecommunications is creating “deep nervousness” in the West, said David Shinn, the former
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Chinese Checkers
Economic Times (blog)
It may not be easy for Indians to love the Chinese. But it is impossible to hate them. Yes, they do flood us with cheap products ranging from diyas and crackers to chemicals, metals, electronics and equipment, but the fact remains that there is a ready
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Security can’t be ignored
The Australian Financial Review
Of course Henry might be right: China, which holds most US debt and depends on access to the US and other markets, might avoid actions that could create tensions and force Australia to choose between prosperity and peace. And China and the US might
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Chinese central bank’s ability to ease monetary policy is constrained by outflow
Business Insider
To this date, there remains a lot of confusion whenever we say that the ability of People’s Bank of China (PBOC) to ease monetary policy has been constrained by what it appears to be a money outflow, which tightens liquidity within China automatically.
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China Puts Eastern Province on Alert as Two Typhoons Approach
Typhoon Bolaven, the 15th named storm of the 2012 Pacific typhoon season, is heading northwest at 15 to 20 kilometers an hour (9-12 mph) and is forecast to reach the East China Sea later today, Xinhua said, citing the National Meteorological Center
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Jane Kinninmont: US could lose place as the world’s chief superpower
Scotland on Sunday
But current trends (according to the Economist Intelligence Unit, among others), suggest China could be a bigger economy than the US as soon as 2020. And China is developing a wider range of skills. The old assumption that China could do only low-wage
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Candidates should talk manufacturing
Concord Monitor
China was a top concern of the voters surveyed. More than two-thirds of respondents said that China’s trade violations were responsible for U.S. job loss. And 62 percent want the federal government to get tougher on China for violating trade agreements.
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American sees beyond the glamor in filmmaking
China Daily
Ask Jay Hubert, a 34-year-old American who had previously studied cinematography at the Beijing Film Academy, about his most memorable experience working with a Chinese film crew, and the answer is well beyond any stretch of imagination.
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China opposes application of US-Japan security treaty to Diaoyu Islands
Global Times
China strongly opposes any application of the US-Japan security treaty to China’s Diaoyu Islands, a visiting senior Chinese military official told his US colleagues on Friday in Washington. During meetings with senior US military and government
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US Republicans to delay convention by one day
China Daily
TAMPA, USUS Republicans will delay the start of business at their national convention in Tampa, Florida by one day due to Tropical Storm Isaac, the Republican National Committee chairman said on Saturday. Chairman Reince Priebus said the convention
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Scattered anti-Japan protests flare in China
WGME CBS 13 :: Advertise with us! BEIJING (AP) — Local officials and state media say hundreds of Chinese have staged anti-Japan demonstrations for a second weekend as diplomatic tensions flare over disputed islands in the East China Sea.
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Chinese pioneers of Ventura County subjects of new museum exhibit
Ventura County Star
8 from 1 p.m. to 4 p.m. Highlights of that will include a Chinese lion dance; a dance troupe and calligraphy and brush painting shows from the Ventura County Chinese American Association; and a papermaking demonstration from the Conejo Chinese
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Made in Britain. Saved in India. Craved in China: How the Jaguar Land Rover
Daily Mail
Earlier this year, Rolls-Royce announced that China had become its single biggest market, overtaking the U.S. and the UK for the first time in more than a century of trading, while Bentley’s sales in China and the U.S. are now evenly matched. But each
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Clinton’s planned Pacific trip ‘sends message to China
GMA News
AVARUA — US Secretary of State Hillary Clinton is set to make a rare foray to the South Pacific this week, in a move analysts say is aimed at curbing China’s growing influence among the region’s small island nations. While Clinton’s previous trips to
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How Foxconn could shape future of struggling Sharp
Memphis Commercial Appeal
Taiwan, a small island nation on the South China Sea that calls itself the Republic of China, split away from mainland China after communists took control in the 1940s. Fifty years later, Taiwanese like Gou familiar with American and mainland ways
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Dozens die in China bus crash
Chicago Tribune
BEIJING (Reuters) – A bus collided with a methanol tanker in northwest China early on Sunday and burst into flames, killing 36 people, state media said, in the latest incident to highlight China’s dangerous roads. Three of the 39 bus passengers
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The British Siege of the Ecuadorian Embassy: Déjà Vu: Anglo-American
Axis of Logic
Diplomatic immunity and international law means nothing to the individual’s controlling the American Empire. When Chinese dissident Chen Guangcheng sought political asylum in the US Embassy to China, the Chinese government did not threaten to violate
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5 Reasons To Stop China-Bashing: Tofu Bridges, Officials’ Orgies (Slideshow) (blog)
A look at some recent developments in China suggest it’s possible US politicians and the press are playing up (and not without racist overtones) the “menace” China poses. Five signs that China is having some (not unsignificant) struggles of its own
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‘Decline of the West and rise of the East a pyrrhic victory for us
Daily News & Analysis
China has developed a model of state capitalism which is substantively different from currently existing models in the West today. But America at one point had something resembling what China has now. The power of American corporations was backed by
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Aid no longer buys affection for US on Egypt’s streets
Global Times
New Egyptian President Mohamed Morsi picked China rather than the US for his first visit to a big power, which has caused some stir. The visit, scheduled from August 28 to 30, is intended to bring Sino-Egyptian relations into a new stage. Is Egypt
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Korea, Japan and US
Korea Times
Japan cannot, and will not, leave the U.S. for China, but Korea can, and will, depending on how Washington does. And Korea will never be of any threat to the U.S. in any way, like Japan was in 1941. Not enough reason for America to sympathize more with
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At Least 28 Killed In China Road Accident
RTT News
(RTTNews) – At least 28 people have been killed after a double-decker sleeper bus collided with a methanol tanker in China’s northwestern Shaanxi province, state media reported Sunday. Reports: Top Haqqani Militant Believed Killed In US Drone
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Henry David Hwang fluent in funny
San Francisco Chronicle
That kind of mistranslation, which can be simply funny on one level and indicative of a much larger cultural chasm on another, is at the heart of “Chinglish,” the pointed comedy Hwang wrote about an American trying to do business in a midsize Chinese city.
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Filipino, Vietnamese Americans call for boycott of ‘Made in China‘ products
Daisy Tucay (L) of the US Pinoys for Good Governance sings “God Bless America” with marchers at the Martin Luther King Memorial rally for peace in Southeast Asian sea and boycott of made-in-China products on August 21 in Washington DC. They honored
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