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U.S. China News 2012.09.09

Sun, September 9, 2012

Clinton Tells US Allies to Cool Tempers Over Island Disputes
Businessweek
Clinton, who yesterday wrapped up a six-nation, 11-day tour, has tried to douse a diplomatic showdown between U.S. allies Japan and South Korea, as well as conflicts in the South China Sea, through which half of the world’s commercial cargo flows.
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Carlyle-Focus Media Buyout Doubted as Puts Jump: China Overnight
Bloomberg
12, while the Bloomberg ChinaUS Equity Index completed its first gain in four weeks. Focus Media, targeted by short seller Carson Block’s Muddy Waters LLC as recently as February, said on Aug. 13 it received a bid from a group including Chief
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Survivors of China twin quakes await supplies
U.S. News & World Report
BEIJING (AP) — Survivors of a series of earthquakes that killed 81 people and injured more than 800 in a mountainous area of southwestern China were desperately waiting for more aid to arrive Sunday as jolting aftershocks kept fears high and hindered
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China factory output weakest in 3 years in August
USA TODAY
Inflation climbed to 2% as food prices rose, and further increases could complicate efforts by the government to revive growth as Europe struggles with a debt crisis and the U.S. economy remains sluggish. Growth in industrial production weakened to 8.9
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Taiwan’s sleepy Matsu islands face dicey $2 billion makeover after US casino
Minneapolis Star Tribune
permit casino gambling in this onetime Cold War flashpoint, immortalized during the 1960 American presidential campaign when John F. Kennedy and Richard M. Nixon traded barbs over possible American aid in the event of an attack from mainland China
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Asia-Pacific Leaders Focus on Trans-Atlantic Danger to Recovery
Businessweek
Asian leaders vowed to work together to counter the effects of the debt crisis in Europe and the tepid recovery in the U.S. The export-oriented countries of the Asia-Pacific region, where economic expansion in countries such as Chile and China exceeds
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Russia Rejects US Push for More Pressure on Syria
Voice of America
Secretary of State Hillary Clinton says the United States will continue to work outside the United Nations if Russia and China keep blocking U.N. action. A senior U.S. official says Secretary Clinton came to her meetings with Russian officials on the
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As Sales Decelerate In China, Alibaba Sharpens Its Toolbox
Forbes
Compared to Europe and the U.S., that’s heady growth; it pays to operate China’s dominant e-commerce platform. Yet Alibaba isn’t immune to cooling growth in China. Nor can it shrug off the turmoil as other rival online sellers wage (mostly phony) price
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Terror takes back seat; Americans safer now
Minnesota Public Radio
Defense officials are wary of China’s military growth, and the U.S. intelligence community has accused the communist giant for systematically stealing American high-tech data through computer-based attacks. U.S. officials and security experts also are
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Hong Kong votes after U-turn on China education plan |
Reuters
While tensions have grown over mass Chinese tourism, an influx of mainland mothers giving birth in the city and the national education plan, others said livelihood issues were crucial. “I vote for people who can help us the most,” said Anthony Tsang,
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US mayor lectures Chinese official on freedom of speech
Taipei Times
Two officials from the Chinese Consulate General in San Francisco have written to the mayor of Corvallis about the mural and last week visited the town to lodge a formal complaint. “As you are aware, the First Amendment of the US Constitution
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Australia’s partnership dilemma: China or US
The Korea Herald
But now with the rise of China and the resultant strategic competition between it and the United States, Australia is in a serious predicament. China is now its biggest trading partner, with much of its export income coming from trade with that country.
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China, Russia accused of reckless hacking of US computer networks [Times of
Equities.com
Officials from the US administration and Congress have called for stronger cyber security, accusing China and Russia of hacking US computer networks for economic gain, espionage and other motives. US standing to complain about other nations’ cyber
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China rolls out new US$2.2b subsidy scheme, saysXinhua
The Malaysian Insider
BEIJING, Sept 9 — China will provide subsidies worth US$2.2 billion (RM6.8 billion) to buyers of energy-efficient computers and air-conditioners in the latest effort to stimulate domestic demand and encourage the use of environmentally friendly
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US Real Estate Forecast 2013: Property Agents Are Learning Chinese
iRealtyTimes.com
Americans may not want to admit it yet, but all facts, data, and signs point to China overtaking the US as the world’s largest economy sometime in the next few years, and savvy real estate agents are starting to learn Chinese in an effort to tap into
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After Russia talks, Clinton sees divisions on Syria
Reuters
VLADIVOSTOK, Russia (Reuters) – Sharp divisions remain with Moscow over the Syria crisis, U.S. Secretary of State Hillary Clinton said on Sunday, as she wrapped up an Asia tour in which she also made little headway with China on easing tensions in the
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China’s slowdown is cyclical rather than a permanent easing
The Australian
Even Canada, which has been supported by a booming commodities sector, has only managed to grow by 4 per cent in this period because its major trading partner is the lacklustre US. Now let’s look at China — its economy is more than 40 per cent larger
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US, China claim leadership role in Asia-Pacific region
Sacramento Bee
MOSCOW — The diplomatic tussle between China and the United States intensified Saturday at the APEC summit in Vladivostok, Russia, with both claiming a leadership role in the Asia-Pacific region. But it is host country Russia that wants to take a more
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USA – managing China’s rise
The Nation
The rapacious and insatiable global US juggernaut is on the prowl again!Having wreaked death, devastation and misery on the peoples of Greater Middle East Region (GMER-Iraq), South Central Asian Region (SCAR-Afghanistan, Pakistan), North Africa
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Clinton urges cool heads in Japan-South Korea island dispute
NBCNews.com
“I think that’s being heard.” The Japan-South Korea dispute flared last month when Lee became the first South Korean leader to set foot on the islands claimed by both countries. ‘Interwoven interests’: China, US divided on Syria, sea spat, but vow
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Asia-Pacific nations pledge growth, fret over economy
Reuters
VLADIVOSTOK, Russia (Reuters) – Asia-Pacific nations including China, the United States and Japan promised measures to boost growth on Sunday and rejected limits on food exports to try to revive the flagging global economy. Countries on the Pacific Rim
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Russia rejects US‘ calls for pressure on Syria, Iran
Fox News
Russia and China have blocked three Security Council resolutions that would have punished Syria if the Assad government did not accept a negotiated political transition. Clinton said in Beijing this past week that the U.S. was “disappointed” by the vetoes.
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India, China, Pakistan dialogue on Afghanistan?
TwoCircles.net
With the 2014 drawdown of US-led international combat troops from Afghanistan in mind, China is pushing for greater regional cooperation to stabilize Afghanistan, an approach India has always supported. Zhang said although China’s involvement in
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Nissan rolls out Chinese brand’s new model
Businessweek
BEIJING (AP) — Nissan Corp. has unveiled the second model from its new low-priced Chinese brand Venucia following what an executive said was a temporary dip in sales during anti-Japanese protests last month. The compact R50 hatchback will sell for as
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Sock City’s Decline Reveals An Unraveling In China’s Economy
Business Insider
The foolish man built his house upon sand; the wise man built his house on a rock. The ambitious entrepreneurs of Datang chose a sturdy nylon and wool foundation. “People always need socks,” points out Xu Leile, whose company clothes the feet of the
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Clinton’s failed China visit
Pakistan Observer
Clinton’s visit to China has failed. The success of visit was not the aim of Hillary’s last visit ahead of US presidential election. She was there to reinforce America’s Asia Pacific policy for next 20 years, US support for Tokyo in Sino-Japan standoff
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Asean and China: bickering threatens traditional consensus
The Nation
Currently it is not just vexing Asean-China relations that are in question, as ties with the US, Japan and others have also been affected by the so-called “Phnom Penh incident” of mid-July [when Cambodia dropped a joint statement that may have included
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China’s Next Act
Wall Street Pit
In August, China’s Government Purchasing Manufacturing Index (PMI) crossed below 50 for the first time since November 2011. (Remember that a reading of 50 marks the critical line delineating expansion from contraction.) The U.S. ISM Manufacturing PMI
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Howell: Sales by China, crop data following storm weigh on cotton
LubbockOnline.com
Sales of reserve stocks by China and fresh data indicating that Hurricane Isaac inflicted minimal U.S. crop damage have contributed to pushing cotton futures toward a chart support area. Benchmark December lost 95 points during the week ended Thursday
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China, Egypt pursuing Middle East influence
WND.com
With China seeking to extend its influence in the Middle East, it is looking to Egypt – from which U.S. influence is receding – as it concentrates its military forces more in its own backyard in the South China Sea. As China seeks to give priority to
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Chinese have less worship of US elections
Global Times
With US President Barack Obama’s nomination as the Democratic presidential candidate on September 6, the US presidential election officially kicked off. As one of the most active and most widely watched campaigns in the world, the US election draws a
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Obama vs Romney on China: Who Can Better Tame the Chinese Dragon?
PolicyMic
For the purposes of this article, the term “tame” implies the two respective candidates’ ability to manage the major policy challenges in U.S.China relations in the next four years in a manner that promotes U.S. interests, and the interests of
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US welcomes Chinese investment
China.org.cn
0 Comment(s) Print E-mail Xinhua, September 9, 2012. Adjust font size: The United States welcomes more Chinese investment and there is virtually no sector that is off-limits to Chinese investors, US ambassador to China Gary Locke said on Saturday.
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US warns Asia-Pacific leaders over territorial rows
GMA News
APEC spans the Pacific Rim, from China to Chile, and includes the world’s three biggest national economies — the United States, China and Japan — with its 21 members accounting for 44 percent of the world’s trade. In their final summit statement, the
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Canada’s Harper raises trade issues with China’s Hu
Taipei Times
Canadian Prime Minister Stephen Harper said he raised concerns about trade and investment imbalances in a meeting with Chinese President Hu Jintao (胡錦濤). The two leaders did not discuss CNOOC Ltd’s (中國海洋石油) US$15.1 billion takeover of
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Blind Chinese pianist studying for master’s degree at Hardin-Simmons University
ReporterNews.com
Once the faculty at Hardin-Simmons learned about Sherry’s personal story, her abilities and her interest in HSU, they went overboard to get her here. Sherry spent her first year in the United States at TCU. As a student there, she attended a Chinese
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PBOC guides Chinese Yuan lower while selling pressure eases
Business Insider
Previously, we showed a chart which said that the Chinese Yuan has been consistently weaker against the US dollar in the onshore market compared with PBOC daily fixing. That was a sign that perhaps the market believe Chinese Yuan should be somewhat
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Mass protest in Japan against US hybrid aircraft
Business Recorder (blog)
It can refuel in the air, allowing it to cover big distances in a region where concerns have mounted over the rise of China. Ginowan mayor Atsushi Sakima told the rally the safety of the hybrid transport aircraft “has not been guaranteed”. In April, an
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GIC to invest up to US$700m in China Pacific Insurance Company
Channel News Asia
GIC to invest up to US$700m in China Pacific Insurance Company Posted: 09 September 2012 2336 hrs. Government of Singapore Investment Corporation (GIC). Photos, of. SINGAPORE: Singapore’s sovereign wealth fund, the Government of Singapore
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China worries probed at Northern Gateway hearing
CBC.ca
Supporters of the pipeline have argued it’s needed to give Canada an alternative to the U.S. as a market for its oil, which in turn would result in higher prices. Enbridge estimates that reaching markets in Asia via Northern Gateway would boost Canada
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How China bleeds SA dry
BDlive
“As a consequence of that agreement it is virtually impossible for us to get countervailing duties into China through Itac [the International Trade Administration Commission which used to fall under the Department of Trade and Industry but is now under
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Liberal Sheen Narrates ‘China‘ Doc Detailing Country’s Threat to America
Big Hollywood
Written and directed by Peter Navarro, a University of California-Irvine professor who based the film on his book of the same name, “Death” paints an unflinchingly dire picture of the many risks America faces at the hands of China. One might expect a
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Hu skips talks with Aquino
Inquirer.net
APEC TALKS President Aquino arrives, along with US Secretary of State Hillary Rodham Clinton, for a round-table meeting at the Asia-Pacific Economic Cooperation summit in Vladivostok. AFP. RUSSKIY ISLAND, Vladivostok—President Benigno Aquino returned
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Reserve Bank urged to build up yuan holdings
The Australian
THE Reserve Bank faces calls to increase its exposure to China after revealing that its multi-billion-dollar holdings of US and European government debt dwarfs its stake in Australia’s biggest trading partner and export market. The Gillard government
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