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U.S. China News 2012.09.29

Sat, September 29, 2012

Obama blocks Chinese purchase of US wind farms
The Seattle Times
Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare planes on training
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China leaders stage show of unity after expelling Bo
BEIJING (Reuters) – China’s leaders put on a show of unity on Saturday after their damning accusations against disgraced politician Bo Xilai, whose expulsion from the Communist Party drew an outcry from leftist supporters in a sign of the rifts his
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Air China Launched its Mobile Website in the US
Sacramento Bee
Copyright 2012 . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. BEIJING, Sept. 29, 2012 — /PRNewswire/ — Air China officially launched its mobile website in the United States on October 1, 2012
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Kvitova cruises in China opener
Fox News
Additional wins came for Spaniard Carla Suarez Navarro, Swiss Romina Oprandi, American Varvara Lepchenko, Chinese Taipei’s Su-Wei Hsieh, China’s Shuai Zhang and Austria’s Tamira Paszek. The top seeds here are Australian Open champion and U.S.
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China takes islands dispute with Japan to pages of US newspapers
(Reuters) – With world leaders gathered in New York for the United Nations General Assembly, China has taken its dispute with Japan over the ownership of a chain of islands to the ad pages of major American newspapers. China Daily, an organ of the
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Nike drops on China demand concern
NEW YORK (MarketWatch) — Nike Inc. (US:nke) shares fell 2.8% on Friday amid concerns about slowing demand in China, its key growth market. Nike’s fiscal first-quarter adjusted profit topped analysts’ estimates but its orders in China fell a
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US sets hefty duties on Chinese stainless steel sinks
WASHINGTON (Reuters) – The United States on Friday set preliminary anti-dumping duties ranging from 54.25 percent to 76.53 percent on stainless steel sinks from China, the latest in a series of U.S. actions against imports from the Asian manufacturer.
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China, US Should Work to Expand Common Interests
Beijing Review
China and the United States should maintain the momentum of dialogue and cooperation and work hard to expand common interests, Chinese Foreign Minister Yang Jiechi said here Thursday. Yang made the call as he met with U.S. Secretary of State Hillary
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Canada aware of two cyber attacks, won’t say if China involved
OTTAWA (Reuters) – Canada said on Friday it was aware of an attempt by hackers to target a domestic energy company, the second time in 24 hours Ottawa had acknowledged a cyber security attack against a Canadian firm. In both cases the Canadian
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China party boss Bo Xilai drummed out, facing trial
The Daily Advertiser
fled Chongqing and turned whistle-blower during an attempted defection at a U.S. consulate, Bo enjoyed an outside chance of promotion this year to the Politburo’s Standing Committee, whose nine, all-male members represent the apex of power in China.
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UPDATE 4-Obama blocks Chinese wind farms in Oregon over security
Ralls has no plan yet to divest interests. * U.S. Treasury says order is specific to Ralls deal. * But move echoes obstacles faced by other Chinese investors. By Rachelle Younglai. WASHINGTON, Sept 28 (Reuters) – President Barack Obama blocked on
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China Must ‘Strive to Influence’ American Presidential Elections (Huanqiu
U.S. presidential elections always bring China misfortune, and the plot of this story is already an old cliché. But this year, Romney and Obama seem to want to take it to another level. America’s chronic unemployment “psoriasis” is being unreasonably
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Obama Blocks Chinese Firm From Purchasing US Wind Farms
ABC News (blog)
The president ordered Ralls Corp., which is owned by Chinese nationals, to divest its interest in the wind farms it purchased earlier this year. The Committee on Foreign Investment in the United States had previously ordered the firm to cease
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China manufacturing continues to slump
China’s economy is still growing at a faster rate than the economies of the United States, Europe and Japan. But there are worries that the pace is slowing due to the problems in Europe as well as sluggishness in the U.S. Both Europe and the U.S. are
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China, US militaries hold annual maritime security meeting
People’s Daily Online
aid as well as disaster relief efforts. China and the United States signed the Sino-U.S. military Maritime Consultative Agreement in 1998 and so far have held nine annual meetings, which have played an active role in promoting Sino-U.S. maritime
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Obama blocks Chinese wind farm purchase
USA TODAY (blog)
President Obama invoked a little-used law today to block a Chinese company from buying four wind farms in northern Oregon — drawing criticism and threatened legal action. The president cited national security concerns — the wind farms are located
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China is our friend
Washington Times
President Obama claims Mitt Romney outsourced American jobs to Chinese factories, while Mr. Romney argues that Mr. Obama hasn’t done enough on China‘s cheating trade practices. Both miss the point: China and the United States need to work together
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The Nine US Cities Selling the Most to China
Fox Business
Last year, U.S. exports to China topped $100 billion for the first time. The country is now the third-largest importer of U.S. goods, behind Canada and Mexico. The total value of products being shipped to China is growing faster than any other country
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US Asia-Pacific strategy destabilizes region
Is Asia now more stable than it was before the U.S.‘s adoption of this Asia-Pacific strategy? Obviously not. China and the U.S. had been living on relatively good terms before. But dramatic changes have happened in Asia due to America’s new policy.
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Chinese Chicken Jerky Concerns Aired by Founder of Clear Conscience Pet
San Francisco Chronicle
Anthony Bennie of Clear Conscience Pet speaks about how the politics of the national debt and massive trade deficits may be impacting the health of American pets, and cites concerns about the widespread use of irradiation in Chinese chicken jerky pet
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Obama Bars Chinese-Owned Company From Building Wind-Farm
President Barack Obama barred a Chinese-owned company from building wind farms near a U.S. Navy base in Oregon, the first time in 22 years a president has blocked a transaction as a national security risk. Obama ordered Delaware-based Ralls Corp. to
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US blocks China firm’s wind farm purchase
The decision comes against the backdrop of a presidential race in which Obama and Republican opponent Mitt Romney have traded jabs over who would be more effective in answering the challenges the ascendant Chinese economy poses. The US and
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China builds nuclear arsenal while rest of the world disarms
Washington Times
While the United States negotiates with Russia on dismantling America’s nuclear arsenal, China has become the world’s busiest builder of nuclear weapons. If America’s allies, especially in Asia, lose confidence in the U.S. nuclear deterrent, the Obama
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US bars China wind farm deal on security grounds
By Rob Lever (AFP) – 4 minutes ago. WASHINGTON — President Barack Obama blocked a Chinese-led group from purchasing several wind farms near a US naval station Friday, saying the acquisition threatened national security. Obama cited “credible
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US blocks Chinese firm’s investment in wind farms
BBC News
President Barack Obama has stopped a Chinese company from building wind turbines in the US state of Oregon, citing national security concerns, his administration said. Ralls Corp, a private Chinese firm, had acquired four wind farm projects near a US
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Ample facts presented in China’s white paper on Diaoyu Islands
28 (Xinhua) — The Chinese government’s white paper on the Diaoyu Islands has presented ample historical facts to support China’s sovereignty claim over the territory, U.S. scholars say. “As a historian, I confirm the Chinese government’s strong claim
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Obama blocks Chinese purchase of small Oregon wind farm project
But national security experts said the United States was likely worried about the Chinese using the sites to gather information on U.S. advanced weapons systems. “I assume they looked at the footprint of windfarms, and calculated that China’s visual or
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Obama blocks Chinese company’s purchase of 4 Oregon wind farms
Los Angeles Times
On Sept. 17, the U.S. and China filed international trade complaints against each other, boosting tension over trade issues. The presidential order prohibits the purchase of four Oregon wind farms by Ralls Corp., whose owners are Chinese nationals and
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The price China must pay to win Nexen
Globe and Mail
The Harper government has promised to spell out those rules when it determines the fate of Nexen Inc.’s acquisition by China’s CNOOC Ltd. By itself, the $15.1-billion (U.S.) transaction is a no-brainer. The Calgary-based oil and gas producer is of
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Corn prices grow as supplies drop to 8-year low
China Post
Commodities posted strong gains for the July-through-September quarter as traders bet on a healthier global economy. The U.S. and European central banks have taken steps to try to boost growth. Similar action is expected soon from China. Stronger
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Automotive In-Sourcing: A Long-Term North American Trend?
Area Development Online
From 2005 to 2010, worker productivity in the United States grew 2 percent per year, while the major economies of Western Europe averaged only 0.4 percent productivity growth. Compared with China, U.S. workers are nearly three times more productive.
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Chinese Naval Build-Up and Policy Response
Across the Aisle (blog)
The past two decades have witnessed a transformation in the international balance of power, and President Obama has recently sought to rebalance American forces and attention to reflect the increasing importance of the Pacific Rim. China’s tremendous
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Obama blocks Chinese firm’s purchase of four US wind farms
The Guardian
It was the first time a president has invoked national security against a foreign investor since 1990 when the first President George Bush blocked a state-owned Chinese aero-technology company from obtaining a US manufacturer. The treasury department
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Obama blocks Chinese wind farm in Oregon
Daily Caller
This latest attempt to get tough with China comes within a few weeks after the U.S. filed a trade dispute against Chinese auto and auto parts subsidies with the World Trade Organization, and it was just last May that the administration announced
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Obama lands a pre-debate punch on China
MarketWatch (blog)
Obama’s move, coming just days before his first debate with Mitt Romney, seemed aimed as much at Romney’s criticism that the president is too soft on China as at protecting U.S. national security interests. The site is close to a U.S. Navy base where
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Obama blocks Chinese wind farm plan
Globe and Mail
The U.S. President has blocked an attempt by a Chinese-owned company to build wind farms in Oregon close to a navy site used for testing drones and electronic warfare training. Barack Obama said in a statement he had decided that Ralls, the company
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Obama blocks Chinese bid for US windfarm on national security grounds
The last time a president formally blocked a deal on national security grounds was in 1990 when then President George H.W. Bush stopped a Chinese aero-technology company from acquiring a U.S. manufacturing firm. Obama’s decision comes as two other
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US aims to rally Syrian opposition with new aid
Ct Post
With U.N. action blocked by Russia and China, Clinton said the rest of the world must support the Syrian opposition. She also said it was urgent that the fractured foes of the regime unite around plans for a political transition that could put an end
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