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U.S. China News 2012.09.13

Thu, September 13, 2012

ChinaUS rivalry heads to the final frontier
Reuters
Loading… Published on Sep 13, 2012 by ReutersVideo. Sept. 13 – China may lag the U.S. when it comes to space technology, but Beijing’s spending billions of dollars to close the gap, with possibly profound consequences for the balance of power in Asia.
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Huawei, ZTE Called Uncooperative With US Probe on Spying Risk
Businessweek
Chinese telephone-equipment makers Huawei Technologies Co. and ZTE Corp. (000063) aren’t fully cooperating with a congressional probe into whether their U.S. expansions would increase the risk of cyber-attacks and spying through networks, lawmakers
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Romney ad hits Obama on China policy
CNN (blog)
CNN Political Unit. (CNN) – The latest ad from Mitt Romney’s presidential campaign hits President Barack Obama for his stance on China, which the ad characterizes as devastating to the American manufacturing sector. “Under Obama, we’ve lost over half a
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US Envoy Urges China to End Unfair Currency Policy
Wall Street Journal
WASHINGTON—The U.S. ambassador to China urged Beijing to stop “unfair” currency and other trade policies, while citing progress in deepening ties between the world’s two largest economies. Ambassador Gary Locke, the former U.S. commerce secretary,
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China’s Xi cited in state media as health rumors fly
Reuters
BEIJING (Reuters) – China has issued the first comments attributed to president-in-waiting Xi Jinping since his disappearance from the public eye over 10 days ago ignited rumors over his health, but there was no public sighting or new photograph of him.
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Issues 2012: US relationship with China
CNN
Alert icon. Loading… Published on Sep 12, 2012 by CNN. Christine Romans looks at the U.S. relationship with China. For more CNN videos, check out our YouTube channel at http://www.youtube.com/cnn. Or visit our site at http://www.cnn.com/video/
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China Threat Is the Real Issue, Says Mural Owner
Forbes
Lin worries that China will soon overtake America. “China will dominate America. They will rip us. They will kill us. They will even occupy part of our territory. We do not have the strength to say no to them. That is my worry. That is the subject of
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US congressional panel probes China tech firms
The Associated Press
By MATTHEW PENNINGTON, Associated Press – 1 minute ago. WASHINGTON (AP) — U.S. lawmakers on Thursday will question executives of two major Chinese technology companies as part of a congressional probe into whether those firms’ ambitions to
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FG Secures US$1.1 Billion Loan From China
AllAfrica.com
Abuja — The Federal Government has secured a loan facility totaling $1.1 billion from the Chinese Export-Import, EXIM, Bank with which to complete the Abuja Light Rail project and build four new airports’ terminals across the country. According to the
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Paper published by China’s Huawei decries US treatment
Reuters
WASHINGTON (Reuters) – A paper published by China’s biggest telecommunications equipment maker said the company’s path into the United States had been blocked by unsubstantiated “allegations based on allegations” that threatened to harm ties
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Man In U.S. Trial Accused Of Taking Secrets To China
Manufacturing.net
A Chinese man illegally took data on military-related technology from his New Jersey company back to his home country and lied to authorities about it upon his return, prosecutors charged Wednesday in the first day of his federal trial. Nonsense
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The US and China’s overrated ties
Business Spectator
However, its effects will be felt well outside the US. For one, it is likely to cause the Australian dollar to appreciate even further. It will also cause the value of US debt held by China to drop. Yet the importance of US debt dependence on China is
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US election sets poser for Taiwan
Asia Times Online
Or, it may not,” said Steve Tsang, director of the University of Nottingham’s China Policy Institute in England. He emphasized that many US presidential candidates of the past few decades used strong rhetoric toward Beijing and changed their policy
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China tech firms to appear before US intelligence panel as part of security probe
Minneapolis Star Tribune
WASHINGTON – U.S. lawmakers on Thursday will question executives of two major Chinese technology companies as part of a congressional probe into whether those firms’ ambitions to carve out a bigger niche in the American market pose a threat to
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Top 10 U.S.China Highlights From the First Year of the Romney Administration
Business Insider
April 13 – An armed conflict between the U.S. and China was narrowly averted yesterday after President Romney ordered the Seventh Fleet to cease stepped-up operations in the South China Sea. Sources in the Pentagon told the New York Times that
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Neiman Marcus to Macy’s Trend Into China as Far as Web: Retail
Businessweek
As Neiman Marcus Group Inc. prepares to start selling its wares in China, the U.S. luxury retailer isn’t opening stores. It’s setting up shop on the Web. Neiman Marcus, Macy’s Inc. (M) and Milly, the women’s clothier, are all tiptoeing into China
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Dont’ Fear a Moody’s Downgrade of US Debt — Fear a China Slowdown
DailyFinance
Since liberalizing its economy in the 1990s, China has become the world’s factory. As a massive exporter, it has to do something with all the money that’s rolling in. And like so many investors around the world, China uses the U.S. as a place to keep
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China says tensions with Japan likely to hurt trade
Chicago Tribune
BEIJING (Reuters) – China warned Japan on Thursday that trade could be hurt by the flare-up in tension over a group of disputed islands that is fraying ties between Asia’s two biggest economies. The latest warnings from China brought a call for
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IPR work meeting set in US
China Daily
The annual ChinaUS intellectual property rights work meeting will take place from Sept 19 to 25 in Washington, Salt Lake City and Los Angeles, China’s Commerce Ministry said. Delegates from 10 Chinese ministries and corresponding US Cabinet
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Mexico: The China of the Americas
Minyanville.com
For one, Mexico’s location is ideal for US companies. The average transit time from the moment a shipment departs China to the time it arrives in the United States is 30 days. From Mexico, delivery times range anywhere from a few hours to a few days.
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US says China yuan undervalued as Romney presses
The West Australian
WASHINGTON (AFP) – US President Barack Obama’s ambassador to China renewed calls Thursday for Beijing to let its currency appreciate further after Republican challenger Mitt Romney pressed for a harder line. Ambassador Gary Locke said that he
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Analysis: Will Fed easing spur China’s central bank into quick action?
Reuters
BEIJING (Reuters) – Expectations that the U.S. Federal Reserve will launch another round of bond buying this week are fueling speculation that China also may ease policy soon to shore up its cooling economy. But analysts say investors who bet on quick
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Japan Stock Futures Little Changed on Fed, China Policy Bets
Businessweek
Japanese and Australian stock futures were little changed as investors awaited the Federal Reserve’s policy announcement today and after a Chinese newspaper commentary said massive stimulus measures would be “detrimental” to the nation’s sustainable
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China asks city in Oregon to scrub mural for Tibetan, Taiwanese independence
NBCNews.com (blog)
Officials from the Chinese Consulate General in San Francisco wrote to Mayor Julie Manning of Corvallis, Ore., urging her to act to remove the mural. “To avoid our precious friendship from being tainted by so-called ‘Tibet Independence’ and ‘Taiwan
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Understanding China’s image in the U.S.
Student Life
U.S. citizens’ negative views about China were most probably shaped by news coverage. In recent opinion pieces in the New York Times, Chinese people’s lives were blatantly described as desperate and anxious (“What Keeps the Chinese Up at Night,” Sept
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Same old rhetoric from the US on China
FXstreet.com
US ambassador to China Locke (bet he’s glad he got the Chinese post) says US seeks to end ‘distorting’ currency practices in China. The yuan hasn’t been a big issue so far in the election but Romney may steer the debate in that direction if the polls
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US ‘pivot’ toward China
Korea Times
The Chinese, as much as Obama, are responsible for spreading the word about a U.S. “pivot” ― only as might be expected to give it a pejorative meaning. You can’t actually blame the Chinese for reading an anti-China message into the term. Every time
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China’s Stocks Drop Most in Two Weeks; Industrial Shares Decline
Businessweek
China’s stocks fell the most in two weeks after the official Xinhua News Agency said massive stimulus measures would be “detrimental” to sustainable growth, overshadowing the government’s plan to aid exporters. Gansu Qilianshan Cement Group Co.
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Greenpeace’s Golden Rice stand should appall us all
Globe and Mail
A Chinese news agency leaped on the story and reported that Chinese and American researchers had carried out a dangerous and unauthorized experiment to feed modified rice to a group of rural children in Hunan. The Chinese blogosphere lit up with
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US ambassador killed
China Daily
Instead, some Islamic forces have started to rise and are resorting to terrorism, said He Wenping, an expert on African studies at the Chinese Academy of Social Sciences. The Islamic world has been portrayed as the target of the US-led counterterrorism
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China’s Huawei decries its treatment by US government
Reuters India
WASHINGTON (Reuters) – China’s biggest telecommunications equipment maker said its path into the United States had been blocked by unsubstantiated “allegations based on allegations” that threatened to harm ties between the world’s two biggest
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China’s absent VP mentioned in news report
U.S. News & World Report
BEIJING (AP) — New rumors about health problems facing China’s leader-in-waiting Xi Jinping swirled Thursday as the government continued to stonewall on commenting on his condition or whereabouts 12 days after he dropped from sight. Official media
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China’s Apple fans on the wane?
Xinhua
13 (Xinhua) — Chinese Apple fans seemed to enjoy a sound sleep while the company unveiled its iPhone 5 on Wednesday in the United States. Out of more than 36,000 respondents to an online survey by Sina, China’s major web portal, about 48.1 percent
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US lawmakers question China organ transplants
AFP
WASHINGTON — US lawmakers called Wednesday for pressure on China to stop the use of organs from executed inmates, as experts charged that transplants had become a business that may target prisoners of conscience. At a congressional hearing,
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Renewed focus on US crop exports
Agri-View
30, the USDA reported U.S. soybean export sales for delivery during the 2012-13 marketing year at 664 million bushels. Nearly 65 percent of those sales were to China, and 26 percent were to unknown destinations. Carryover sales from the 2011-12
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China Communists Near Soviet Tenure as Leader Pick Looms
Businessweek
China’s Communist Party will approach its defunct Soviet counterpart in longevity in power after it navigates the leadership succession clouded by concern over Xi Jinping’s status, a Bloomberg News survey indicates. The party that took control of the
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US to keep anti-dumping duty on China pure magnesium
China Daily
WASHINGTON — The US government decided Wednesday to maintain the existing anti-dumping duty on pure magnesium from China, although Beijing has repeatedly called on Washington to drop protectionism. The US International Trade Commission said
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Inside the Ring: China rejects zero option
Washington Times
U.S. officials said that China on July 24 conducted the first flight test of a new road-mobile ICBM called the DF-41 that will be fitted with between three and 10 warheads. It would be the first of China‘s strategic missiles to be outfitted with
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