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U.S. China News 2012.11.3

Sat, November 3, 2012

ChinaUS ties face challenges in coming decade
The News International
WASHINGTON: USChina ties will remain “vexing and challenging” as Beijing’s new leaders face internal stresses due to a slowing economy and increasing distrust from their people, US diplomats said Thursday. “It will be the most consequential foreign
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Leading the charge on China: U.S. firms cash in on huge growth in consumerism
Daily Mail
Ms Wang, manager of the newly-opened Hua Xu Square shopping centre in Taicang, explains in The Times: ‘This is exactly what the government wants to happen to make China a consumer economy. ‘The regulations deliberately stop people investing in too
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Asian Stocks Post Weekly Rise, Led by China Shares, on US Data
Businessweek
Asian stocks rose this week, led by Hong Kong-listed Chinese companies, as reports on U.S. employment, manufacturing and consumer confidence added to signs the world’s largest economy is recovering. The Hang Seng China Enterprises Index gained 3.7
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Canada unsure about China’s CNOOC Nexen takeover
USA TODAY
CNOOC oil rigs in Cangzhou in northern China’s Hebei Province, near Bohai Bay, the innermost gulf of the Yellow Sea on the coast of northeast China. (Photo: Frederic J. Brown, AFP/Getty Images)
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China’s in big trouble – should U.S. worry?
San Francisco Chronicle
As the American presidential campaign grinds toward its inglorious end, President Obama and Mitt Romney are both trying to show how tough they will be on China, infuriating Beijing. At the same time, Obama is “pivoting” the military toward Asia, away
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USChina ties growing increasingly strained: report
Taipei Times
The US and China are heading toward a more strained relationship with increased mutual distrust, a new study by David Shambaugh, the director of the China Policy Program at George Washington University has shown. This will be the case no matter who
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Ex-DPP chair hoping for new USChina-Taiwan relations
Focus Taiwan News Channel
New York, Nov. 2 (CNA) Former opposition Democratic Progressive Party (DPP) Chairwoman Tsai Ing-wen expressed the hope Friday that a new relationship among the United States, China and Taiwan can be formed following the U.S. presidential election
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China teen leads by 2, goes for Masters bid
U.S. News & World Report
BANGKOK (AP) — Guan Tianlang of China is one round away from becoming the first 14-year-old to play in the Masters. Guan overcame some early nerves and a difficult course at Amata Spring on Saturday with a par 72 to take a two-shot lead over Oliver
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Why China is critical to US automakers — obvious, right?
MSN Autos (blog)
Despite all of the Big Three closing U.S. factories or cutting U.S. workers within the past four years, there is zero evidence that China is to blame or that assembly is instead shifting to China. It’s simple: Cars are more profitable when they’re
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China’s Entrepreneurs Cautious of US IPOs Ahead Of Country’s Leadership
Forbes
Rumors have been swirling in China about whether Beijing-based Vancl, China’s hottest online-only apparel brand and biggest online clothing store, is restarting the U.S. IPO process. But in an interview with Forbes on Friday, a top executive of China
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Andrew Coyne: Despite near-suicidal wailing over China trade pact, it’s no big
National Post
It’s one of the things that until now distinguished us from countries like China. If anything, the deal is rather less sweeping than some others. It applies only to new laws — existing measures are grandfathered — and new investments, all of whom are
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Will the leadership choices in China and the US make a difference?
Globe and Mail
This week, the two superpowers will settle the question of leadership. On Tuesday, about 130 million U.S. voters will choose a president. On Thursday, an elite handful will meet to select the next leader of China. The residents of Ohio may ultimately
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Structuring a healthy blueprint
China Daily
The US congress in February gave the green light for new nuclear projects in the nation, while many other nations, such as Poland, Egpyt and Turkey, have made nuclear power an important item on their planning agenda. China recently approved its 12th
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Copper slips as dollar gains after US data, demand eyed
Business Recorder (blog)
LONDON: Copper fell on Friday, on course for the fourth weekly drop, pressured by concerns about demand from top consumer China and as better-than-expected US labour market data pushed the dollar higher. US employers stepped up hiring in October
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Candidates make final dash across US
China Daily
Candidates make final dash across US. Updated: 2012-11-03 07:53. By Agencies in New York ( China Daily). Comments() Print Mail Large Medium Small 分享按钮 0 Five days out from the election, US President Barack Obama and former governor Mitt Romney
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China and the missing knowledge link[1]|chinadaily.com.cn
China Daily
Now is probably not the ideal time for investors to be looking at China, he says. The benchmark Shanghai Composite index fell below 2,000 points in September, almost a 12-year low; Chinese companies listed in the US are going through rough times; and
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India, US top gold jewellery exporters
Times of India
“The foreign markets which are growing fast and where our group sees great possibilities are: Greater China, where Damiani is already present with eight boutiques and will soon open another five, and the former Soviet republics where a new boutique
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Changing the (obscenely rich) guard in China
Hamilton Spectator
6, we will know who will be the president of the United States for the next four years. We already know who will be the leader of China for the next 10 years, although Xi Jinping will not be officially installed in power until a few days later. But
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US farming machinery maker Deere set to reap rich harvest
China Daily
The head of Deere & Company, the world’s largest agricultural machinery manufacturer by revenue, says the US company is to invest further in China over the next few years, as the country strives to update and improve the agricultural sector to feed its
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China’s Rocky Leadership Transition
U.S. News & World Report (blog)
Andrew S. Natsios is an executive professor at the George H.W. Bush School of Government and Public Service at Texas A&M University, a senior fellow at the Hudson Institute, and the author of Sudan, South Sudan and Darfur: What Everyone Needs to
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Golf: Snedeker misses European Tour magic number by a whisker
Reuters
SHENZHEN, China (Reuters) – American Brandt Snedeker fell agonizingly short of becoming the first golfer to shoot a sub-60 round at a European Tour event after he misread his putt at the HSBC-WGC Champions on Saturday. Snedeker was within an inch
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Slowdown Trifecta Sends CEOs on Mad Dash for Growth
CNBC.com
Normally, corporations look abroad for more growth when the U.S. economy endures a slowdown. Indeed, many still are: China’s vast economy and emerging middle class makes it a lodestone for big companies, even if the world’s second-largest economy is
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Racism not fuelling concern over China deal
Vancouver Sun
So, while there’s plenty of criticism and concern about the burgeoning presence of China in Canada’s energy sector, it can’t simply be dismissed as racist, however much the racists among us might exploit the debate to grant themselves permission for
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China Buying Up Real Estate in the US
Canada Free Press
“The borrower is the servant of the lender, and today we owe China more than a trillion dollars. By running a gigantic trade deficit with us, China has been able to become incredibly wealthy. Now China is gobbling up US real estate at an astounding
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Have work, need help
China Daily
Founded in 2000, the company has more than 400 chain stores and franchised outlets on the Chinese mainland. The company has set up overseas outlets in Singapore, the US, Canada and Dubai since 2010. But the Dubai restaurant nearly went bankrupt
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Who Picks Better Leaders: China Or The U.S.?
New Hampshire Public Radio
Holding the debate in Hong Kong — where leaders have been picked by Britain and China — made the motion a live issue rather than a theoretical question. The U.S. political system came in for a beating from those arguing for the motion, “China Picks
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Expand and deliver
China Daily
In anticipation of the increase in the nation’s postal business and online transactions, the US company has expanded its business network across the country to 33 fully controlled locations in China, including Beijing, Shanghai, Tianjin, Guangzhou
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Romney’s belief aside, China is no currency manipulator
Globe and Mail
The U.S. Treasury Department’s most recent review of global exchange-rate policies, published last May, concluded that China doesn’t meet the criteria to be labelled a currency manipulator. Indeed, the Treasury report points out that China’s exchange
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Political transitions
Inquirer.net
Byainte an resting coincidence, the two most powerful nations in the world—the United States and China—will choose in the same week the leaders who will govern their respective peoples, and, by extension, shape the conditions for peace and
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Rapid yuan appreciation ‘to benefit no one’
China Daily
China should not heed calls from some US and European politicians for a rapid appreciation of the renminbi, as this would harm both the Chinese and global economies, said leading European experts. The experts made the comments after the
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Dirty tricks sully US presidential election
China Post
With the high-stakes race culminating with voting Tuesday, experts warn that the unfortunately typical attempts to keep a rival’s supporters from the polls or sway voters with flat out lies could end up deciding the outcome. “If an election is close
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Europe still biggest headwind to global recovery: US
Reuters
This time around, G20 officials meet just before the U.S. presidential election and days ahead of China’s Communist Party congress. Several top finance ministers and central bankers plan to skip the meetings in Mexico City – including U.S. Treasury
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Director serves 3-D slice of Life
China Daily
Academy Award-winning director Ang Lee’s first foray into 3-D, Life of Pi, will open in China on Nov 22, the same day as its United States premiere. Lee’s adaptation of Yann Martel’s book that has sold more than 7 million copies and spent years on the
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Chrysler exec slams Trump on China tweet
UPI.com
3 (UPI) — A Chrysler executive has apologized for his language but stands by a tweet calling out Donald Trump for saying U.S. Jeep production is moving to China. Ralph Gilles, Chrysler Group LLC vice president for product design, was responding to a
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The many factors of happiness in China
China Daily
If you are expecting widespread anger and despair symptomatic of those caught in fast, messy social change, here is a surprise. Ask around and most Chinese people are likely to say they’re happy with their lives. A recent popular TV show, Are You Happy
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China’s english centers chalking up record business
AsiaOne
Although the number is still much lower than Chinese college students in the US, the growth is large. And as these parents plan the future of their offspring, they are also helping to boost China’s high-end children’s English education business. What
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Ex-Australian leader garners fans on Chinese micro blog
China Daily
Every fan of former Australian Prime Minister Kevin Rudd on Sina Weibo, the Chinese version of Twitter, knows his family and life well. Rudd is mesmerized with his newly born first grandchild, Josephine Therese Tse, a baby girl he described in Chinese
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China’s outstanding bonds reach 23.26 trillion yuan
Xinhua
3 (Xinhua) — China’s outstanding bonds rose by 210.85 billion yuan (33.47 billion U.S. dollars) to reach 23.26 trillion yuan at the end of October, new official figures revealed on Saturday. The undue 23.26-trillion-yuan of bonds, which include medium
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Private companies fly the flag on distant shores[1]|chinadaily.com.cn
China Daily
“We were already an industry leader in China’s domestic market in 2005, so we realized that it was time for us to expand internationally so we could continue to expand at a high speed,” he says. The following year Hytera set up subsidiaries in the US
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Foreign countries going big on blogs
China Daily
The 23 micro blogs of the US embassy actively advocate its traditional values through covering diversified issues ranging from US geography, celebrities and history to commenting on Chinese social problems including gender inequality, environmental
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Re-elect President Barack Obama or it’s doomsday
Philippine Star
Such a global conflict could make the Philippines a frontline of the competing US and China interests in the West Philippine Sea. If that ever happens, there’s no saying how much we Filipinos will pay in terms of lost lives and the likely economic
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Overseas Chinese’s participation in politics becomes irresistible trend
People’s Daily Online
Taiwanese American female candidate Grace Meng from New York is expected to be elected the first Asian American congressperson in both New York and the eastern United States. Meng hoped to encourage more overseas Chinese to participate in politics
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Will China Ruin Honda’s Long-Term Profits?
DailyFinance
Despite solid sales in the United States, Honda (NYS: HMC) is cutting its revenue guidance for the year because of slow sales in China. A dispute between Japan and China over who owns a group of islands in the East China Sea is hurting Honda’s bottom
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Dan Lamb wants US to look at trade agreement with China
Oneida Dispatch
Dan Lamb wants U.S. to look at trade agreement with China. Published: Saturday, November 03, 2012. By NICK WILL Dispatch Staff Writer Twitter: @DispatchNick. Click to enlarge. Dispatch Staff Photo by KURT WANFRIED Dan Lamb discusses the issues
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