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U.S. China News 2012.10.27

Sat, October 27, 2012

China: 5th Tibetan in week sets self on fire, dies
U.S. News & World Report
BEIJING (AP) — Two Tibetan cousins set fire to themselves in their village to protest Chinese rule, bringing the total number of self-immolations this week to seven, the highest since the protests began last year, a rights group said Saturday. The
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Big picture of China lost in the debates
He is the author of several books including “USChina Relations in the 21st Century: Power Transition and Peace.” (CNN) — The Communist Party leaders inside the Zhongnanhai compound in Beijing may have found solace in the Obama-Romney debates:
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Analysis: Asia a big focus for next US president
Just two days after the U.S. election, China begins its once-in-a-decade Communist Party Congress that will usher in a new crop of party leaders. Japan is expected to hold elections within months as the popularity of the country’s seventh prime
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HUGH HENDRY: Don’t Tell Me China Will Sell Their US Treasuries
Business Insider
On Chinese GDP: “We have a roadmap from the 1920’s. The UK played the role of the US and the US played the role of China. With the leverage of the creditor cycle, UK GPP peak to trough fell 8%. US GDP fell It’s not an asset. One year, in America, in
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Candidates Differ on Handling China’s Rise
Voice of America
China Policy has played a role in U.S. presidential debates for decades, and continues to do so today. President Barack Obama and Governor Mitt Romney agree China needs to play by the rules when it comes to trade. They differ on whether the U.S. should
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Police disperse east China chemical plant protesters
NINGBO, China (Reuters) – Police dispersed more than a thousand protesters in the eastern Chinese city of Ningbo on Saturday who were demonstrating against plans to expand a petrochemical plant. The protests, which had turned violent on Friday,
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Politifact: Latin American’s economy trails China’s by $2 trillion
The opportunities for us in Latin America, we have just not taken advantage of fully. As a matter of fact, Latin America’s economy is almost as big as the economy of China. We’re all focused on China. Latin America is a huge opportunity for us.” We won
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This Bud’s For You, China: The Fall of Budweiser as a US Brand
The Atlantic
American companies have pulled off similar tricks before. Here, Buick is a struggling line associated with elderly drivers in Florida. But in China, where the Buick Excelle the top-selling passenger vehicle, is this proof that a product’s junky image
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China: Their economic role in Latin America
Over the last several years, goods flowing back and forth have increased some 30 percent per year, bringing today’s total to roughly US$250 billion. This trade leans in China’s favor, with a deficit (nearly all with Mexico) of nearly US$100 billion
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Romney camp silent on his Jeep-to-China gaffe
Detroit Free Press
“As Chrysler said, ‘Jeep has no intention of shifting production of its Jeep models out of North America to China.’ And what’s more: President Obama has fought on behalf of U.S. autoworkers by challenging unfair Chinese tariffs on U.S. auto exports to
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Wen Jiabao’s £1.68bn family wealth: China furious at US exposé
The Guardian
China has lashed out at a US newspaper report that premier Wen Jiabao’s family has amassed vast wealth worth at least $2.7bn (£1.68bn), censoring the New York Times website and questioning the paper’s motivations. The story said Wen, widely seen as
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Why China-bashing dominates US presidential elections
People’s Daily Online
For many years, China has always been a heatedly-discussed topic in U.S. presidential elections. The three rounds of presidential debates between Obama and Romney made no exceptions. In the first debate, Romney referred to China for three times in
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China faces tough decisions on its real estate market
Los Angeles Times
But those moves also put the brakes on China’s hard-charging economy, which, like the U.S.‘, relies heavily on construction and real estate activity. On Thursday, China said its third-quarter gross domestic product growth had slowed to 7.4% from a year
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A123 to seek approval for loan from Chinese auto parts maker
(Reuters) – Bankrupt battery maker A123 Systems Inc plans to ask for court approval for a loan from auto parts maker Wanxiang Group Corp, which could give the Chinese company an advantage over a U.S. rival in a takeover battle for A123. A123, which
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China Will Stand By Zim’
The trade volume between China and Zimbabwe was US$662 million in the first eight months of this year and is expected to reach US$1 billion by the end of 2012. Many China-aid projects such as the China-Zimbabwe Friendship Hospital and the Defence
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Toyota Sustains Global Lead Over GM on Quarterly Gain
The Toyota City, Japan-based company is counting on the U.S. to make up for falling sales in China, where a territorial dispute with Japan threatens Toyota’s goal of selling a record 9.76 million vehicles globally in 2012. China, U.S.. Toyota’s sales
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China’s Blistering GDP Growth Honeymoon Ending, to World’s Economic Distress
The Desert Sun (blog)
While the U.S. provided this role for more than a half century after World War II, the new China, born out of the will of President Deng Xiaoping in 1990, legitimized state capitalism as a means for China to emerge out of the dark ages. This had
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US Signs Declaration Of Dependence On China
The Onion (satire)
WASHINGTON—In what is certain to be regarded as a defining moment in the nation’s history, leading U.S. political figures gathered at the Capitol today to sign their names to the newly drafted Declaration of Dependence, formally proclaiming America’s
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China’s Economic Cold War on the United States
U.S. News & World Report (blog)
Richard A. D’Aveni is Bakala professor of strategy at Tuck School of Business at Dartmouth College. Strategic Capitalism, his fifth book, was just published. Professor D’Aveni is listed in the top 25 of the Thinkers 50, a global ranking of the top
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China investment: SOEs — a struggle over values
Financial Post
According to the Asia Pacific Foundation, Canadian foreign direct investment (FDI) in China in 2011 is US$4.46-billion or a mere 0.65% of Canada’s total FDI abroad. Only 1.8% of total FDI received by Canada in 2011 has originated in China. U.S. FDI
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China beats US as top destination for foreign investment
Laborers work at a new property development under construction on the busy Nanjing Road shopping street in Shanghai. Huge increases in real estate opportunites and construction have fed much of China’s foreign direct investment.
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US stocks hit by election jitters
Taipei Times
6 US presidential election and what will follow, policy-wise, increasingly holding investors’ sway. Company after company cited slow growth in China, the eurozone crisis and uncertainty over US policy — particularly the “fiscal cliff” — as they
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US learns hard lessons of Asia ‘pivot’
Asia Times Online
The real action in Sino-US relations this week was not the predictable China-bashing in the third election debate between US President Barack Obama and Republican challenger Mitt Romney in Florida on October 22: it was the little-noticed concurrent
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Romney, Obama Or Neither? Indian Enthusiasm For U.S. Election Wanes
International Business Times
“Obama, after assuming office four years ago, had initiated steps to strengthen ties with China and Pakistan rather than India. A greater cooperation between U.S. and China will never help India in the current scenario. Though he has corrected his
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Watch: Official US Trailer for Chinese ‘Dangerous Liaisons’ Remake
First Showing
Another day, another remake (or a re-adaptation). “I said I truly love you.” This one comes from China, a remake of the 1988 movie Dangerous Liaisons, which was an adaptation of Choderlos de Laclos’s 1782 French romance novel of the same name (Les
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China’s Yuan Hits Fresh Record High
China’s currency hit a record high against the U.S. dollar for the second straight day on Friday, amid U.S. political pressure and growing confidence in the domestic economy, analysts said. The currency touched an intra-day high of 6.2380 to the dollar
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The other election: China prepares for a new Congress and president
Pittsburgh Post Gazette
Given the interdependence of the two economies, any post-election U.S. economic actions against China could have unanticipated negative effects on the American economy. This situation will need to be revisited after both countries have been through
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China Watch: Mixed Earnings Results of Major Chinese Corporations
MINYANVILLE ORIGINAL This week, Microsoft’s (NASDAQ:MSFT) Surface tablet launched in China at the same time as it did in the US and a few other countries. Microsoft hopes this simultaneous release will cut down on rampant piracy. “The fact that there
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Regional nations must change twisted mindset
China Daily
At the fourth round of ChinaUS Asia-Pacific Consultations in San Francisco on Tuesday, the two countries agreed to make the East Asia Summit, scheduled for next month in Cambodia, a success. This is very important especially because many
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The Scary Canada-China Trade Deal That Will Haunt Us for 31 Years
De Smog Blog (blog)
hat’s the scariest thing happening just after Halloween? Is it the stomachaches our children will have from eating too many sweet treats? No, it’s the Canada-China Foreign Investment Promotion and Protection Agreement (FIPA), which will automatically
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Trending on Weibo: China Reacts to Presidential Debate (LinkAsia: 10/26/12)
The day after the third and final US presidential debate, ‘US Presidential Elections’ and ‘Barack Obama’ were top ten trending topics on microblogging site Sina Weibo. Contributor Nicole Sy reports from Beijing on how Chinese citizens reacted to the
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Republic Of Congo To Borrow US$1.1 Billion From China
BRAZZAVILLE, Oct 27 (Bernama) — The Republic of Congo will borrow over US$1.1 billion from China to support its 2013 state budget, Xinhua news agency quoted local media reports. “Our own internal revenue for 2013 is expected to rise to 3,316 billion
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U.S. soy slips a 2nd day on waning exports, South America crop
U.S. soybeans slipped for a second straight day on Friday on signs of waning U.S. exports and improving crop weather prospects in South America that could lead to bumper output in Brazil and Argentina. Corn fell for the fifth day in a row on slow U.S
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Lessons From India And China
Those countries, India and China share several things in common with us. The first is their huge population. Even if Nigeria is only a small proportion of those countries, we are still the biggest Black nation on earth. We are big enough to ensure that
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China: a new leaf?
The Guardian
It will be comprehensively covered everywhere, and its outcome exhaustively analysed. The replacement of China‘s leadership at the 18th party congress, a couple of days after the American vote, is, by contrast, already foreordained. It looks like
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Jaguar Land Rover Heads To US, China To Build Design Studios
With the United States and China raking in a chunk of sales for the Jaguar Land Rover group, after the UK, the company has come up with an ‘out-of-the-box’ expansion plan. The JLR group, as we may call them in short, is headed all the way to the two
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Technical Support for US Nuclear Project
As the first engineers to participate in the building of a US nuclear power plant, they will not only share their knowledge learned in China, but also be able to gain great experience of working on a project outside the country, said Wang Binghua
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US appeals court rejects Argentine bond arguments
Changes could be in store for U.S.-Asian relations, but that has little to do with presidential race. Lost in the backbiting between President Barack Obama and Republican Mitt Romney over China is that they generally…More >>. Changes could be in
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Apple iPhone 5 on Sale in China by December
Apple has been placing greater emphasis on the Chinese market since Cook took over, illustrated by its store expansion in the country and a shortened new product delivery time gap between the United States and China. As the company posted group
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China a trustworthy peacekeeper
China Daily
The useful US-based Peace Operations Training Institute does not even have on its nine-member board one Chinese expert, although the world’s most populous country is the largest contributor of peacekeepers from among the Security Council permanent
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China continues to see capital account deficit in Q3
In the first nine months, the current account surplus came in at 147.8 billion U.S. dollars, accounting for 2.6 percent of China’s GDP during the period, down 0.3 percentage points year on year, the regulator said. Excluding the effect of changes in
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