Skip to content

U.S. China News 2012.11.09

Fri, November 9, 2012

Obama continuity is good for ChinaUS ties
Reuters Blogs (blog)
The United States and China couldn’t have more different political systems. But with Barack Obama re-elected on Tuesday as U.S. president and China’s new leaders taking over next week, there is reason to hope they can see eye to eye. If Obama builds on
See all stories on this topic »

China’s economy to overtake US in next four years, says OECD
The Guardian
China will overtake the US in the next four years to become the largest economy in the world, says a leading international thinktank. The Paris-based Organisation for Economic Co-operation and Development (OECD) said China’s economy will be larger than
See all stories on this topic »

two leaders, two systems, two crises
The Age
SO IN the same week it is revealed to us who will be the next leaders of both superpowers: Barack Obama and Xi Jinping. The only difference is that we didn’t know it would be Obama until after Tuesday’s vote. By contrast, we knew it would be Xi long
See all stories on this topic »

Chinese leadership change won’t ease issues with US
WPTZ The Champlain Valley
Chinese state media issued its own view of the American election on Wednesday, saying Obama’s re-election offered an opportunity to improve ties after a first term that many senior Chinese officials viewed as saying things one way then in many ways
See all stories on this topic »

Is China better at picking leaders than the US?
Washington Post (blog)
The United States and China, perhaps the world’s two most important countries, are both choosing their leaders this week. China’s Communist Party Congress is expected to elevate Vice President Xi Jinping to a 10-year term running the nation of 1.3 billion.
See all stories on this topic »

Exclusive: US sees talks with China on corporate audits
Reuters
NEW YORK (Reuters) – U.S. regulators have made another step in normalizing relations with China on oversight of corporate auditing aimed at the many Chinese companies listed on U.S. stock exchanges. U.S. officials for the first time have completed a
See all stories on this topic »

China, US Consumer Data to Capture Investor Focus Friday
TheStreetTV
Show video statistics. I like this Like I dislike this. Add to. Share Flag as inappropriate. Loading… Alert icon. Sign in or sign up now! Alert icon. Loading… Published on Nov 8, 2012 by TheStreetTV. China, U.S. Consumer Data to Capture Investor
See all stories on this topic »

Cautious optimism on Sino-US ties
China Daily
The re-election of US President Barack Obama should have a neutral to slightly positive effect on the ChinaUS trade relationship. His re-election means that the current US trade policy framework will more or less continue, which China has experience
See all stories on this topic »

METALS-Copper at 2-month low on US fiscal, euro zone concern
Reuters
Signs of limited restocking by Chinese copper consumers * U.S. “fiscal cliff”, euro zone debt crisis weigh * China data upbeat, congress eyed for stimulus hints By Maytaal Angel LONDON, Nov 9 (Reuters) – Copper hit its lowest in more than two months on
See all stories on this topic »

Chinese state firms say reform should mean more growth
Reuters
BEIJING (Reuters) – China’s big state-owned enterprises argued for continued expansion on Friday, echoing outgoing President Hu Jintao’s comments urging more investment in major government firms and curtailing hopes of reform in the bloated sector.
See all stories on this topic »

Head to head: What the US election means for China
China.org.cn
As the fervor over US President Barack Obama’s Nov. 6 re-election victory subsides, China watchers are now trying to decide what four more years of Obama and his administration will mean for USChina relations, especially as China transitions into a
See all stories on this topic »

UPDATE 5-Oil lifted higher by rising US consumer sentiment
Reuters
NEW YORK, Nov 9 (Reuters) – Oil pushed higher on Friday in choppy trading, lifted by a rise in U.S. consumer sentiment and Chinese economic data that countered pressure from concerns over Europe’s debt problems and the looming U.S. tax hike and
See all stories on this topic »

Asian Shares Extend Losses On US Fiscal Cliff Worries
Wall Street Journal
Asian markets continued to fall on Friday, as worries about the U.S. fiscal cliff continued to weigh on markets, though Chinese inflation data gave support to some markets, with the Hang Seng Index finishing its worst week since July. Concerns over the
See all stories on this topic »

Obama’s Myanmar trip “no threat to Chinese interests”
Reuters
BEIJING (Reuters) – A landmark trip by U.S. President Barack Obama to Myanmar this month poses no threat to China’s interests in the Southeast Asian country, a senior Chinese official from a key border province said on Friday. Obama will become the
See all stories on this topic »

U.S. Stock Futures Gain; Aussie, Commodities Rise on China Data
San Francisco Chronicle
Nov. 9 (Bloomberg) — U.S. equity futures gained, signaling a halt to the biggest two-day slide on the Standard & Poor’s 500 Index in year. The Australian dollar strengthened and commodities rose after Chinese economic data beat estimates. Futures on
See all stories on this topic »

Foxconn Int planning to open factories in US
Taipei Times
With an 800,000 strong workforce largely based in China, Foxconn is one of the businesses that has profited from the decline of Western manufacturing. Now the firm is apparently planning to reverse the labor drain by opening factories in the US. As
See all stories on this topic »

Report: 1 of 3 Int’l Grad Students in US Now From China
Wall Street Journal (blog)
Chinese citizens continue to pour onto U.S. college campuses, now comprising 37% of all international graduate students here, according to a new report out Thursday from the Council of Graduate Schools. The report, based on fall 2012 enrollment data
See all stories on this topic »

Engdahl: Tensions between US & China very real
RT
fight corruption, improve its military and keep the economy growing. And economic researcher William Engdahl, the author of “Myths, Lies and Oil wars”, says the new Chinese leadership will have some serious challenges ahead. RT LIVE http://rt.com
See all stories on this topic »

US raises tariffs on Chinese solar energy products
Irish Times
The US International Trade Commission voted 6-0 in favour of double- and triple-digit duties in a case filed last year by SolarWorld Industries America. Beijing has protested the case each step of the way, calling it a protectionist move that threatens
See all stories on this topic »

China vs US elections: no contest for Dutch media
Radio Netherlands
The Dutch media have faithfully followed every step of the US presidential election which climaxed this week with the re-election of Barack Obama. But there’s been barely a mention of China’s 18th National People’s Congress which will be anointing a
See all stories on this topic »

Rio to ride the commodity bull
Business Spectator
Rio Tinto’s chief economist thinks that commodities will effectively skip over the fiscal cliff, if such a disaster were to come to pass. Vivek Tulpulé agrees that failure to avert the fiscal crisis could have as much as a 4 per cent impact on US GDP
See all stories on this topic »

US trade deficit narrows, economy resists global chill
China Post
Chinese demand for U.S. products appeared to help exporters in September. China bought US$8.8 billion in U.S. goods and services, up 0.3 percent from a month earlier, although those figures were not seasonally adjusted. Exports to the European Union,
See all stories on this topic »

Clinton Says US to Increase Anti-Poaching Efforts
ABC News
Iain Douglas-Hamilton, the founder of Save the Elephants, said Clinton’s speech “signifies the will of the United States to tackle the scourge of wildlife poaching and elevates the issue internationally. Now it remains to share awareness with the
See all stories on this topic »

No winner will emerge from solar trade war
China Daily
BEIJING – The US and the European Union (EU) brought their bilateral trade ties with China to fresh low this week. They both decided to impose penalty duties and launch a new probe into Chinese solar power products. The US International Trade
See all stories on this topic »

Remembering ‘ping-pong diplomacy’
China Daily
A year before President Richard Nixon made his celebrated trip to China to thaw a 22-year diplomatic freeze, another group of “diplomats” was also making history. In April 1971, the US table tennis team arrived in China at the invitation of the Chinese
See all stories on this topic »

US panel approves anti-dumping probe of Chinese plywood imports
Reuters
WASHINGTON Nov 9 (Reuters) – A U.S. trade panel on Friday approved an investigation into charges Chinese companies are selling hardwood plywood in the United States at unfairly low prices, setting the stage for the Commerce Department to set
See all stories on this topic »

Ex-US trade chief sees ‘opportunities’
China Daily
Now that the 2012 elections have passed, people – or at least politicians – can reasonably be expected to talk more rationally about China-related issues, says a man who oversaw US trade policy during Bill Clinton’s presidency. Mickey Kantor, who
See all stories on this topic »

New big noise on the block
Sydney Morning Herald
“It’s the scale of the US relationships that really freaks China out,” says the director of the Centre for China in the World at the ANU, Geremie Barme. “China is surrounded by people who hate it – it’s just the geopolitical reality.” But while the
See all stories on this topic »

Hong Kong Taipan Rebuffed by China Digs Into U.S. Natural Gas
San Francisco Chronicle
Nov. 9 (Bloomberg) — Richard Elman, who got his start as a scrap metals laborer before creating Asia’s No. 1 commodities trader by revenue, surrounds himself with reminders of his hard- won success. In his 18th-floor office in Hong Kong, the executive
See all stories on this topic »

JinkoSolar products to attract US anti-dumping duties
Reuters
Nov 9 (Reuters) – Chinese solar company JinkoSolar Holding Co Ltd said its imports into the United States will begin to attract anti-dumping duties, following a ruling by the U.S. International Trade Commission. The trade commission determined the
See all stories on this topic »

China data shows economic recovery gaining pace
Reuters
BEIJING (Reuters) – China’s economy strode further along the road of recovery from its slowest growth in three years, data for October showed on Friday, as infrastructure investment accelerated and output from the country’s factories ran at its fastest
See all stories on this topic »

Yoshida in China: Beijing’s US investments and economic security
EE Times
NEW YORK – Chinese investment in U.S. companies was “hardly noticeable before, but now it is rising sharply,” according to a new report released by the U.S.China Economic and Security Review Commission. Should we be worried? Is this some sort of
See all stories on this topic »

China Vs. U.S.: Who Is Leading The Natural Gas Transportation Race?
Seeking Alpha
Will China lead the U.S. in the adoption of natural gas transportation? Before I answer this question, let’s take a look at some background information. The United States’ #1 economic advantage against all other countries on Earth is its abundant
See all stories on this topic »

China struggles to impress its young with “red” TV propaganda
Reuters
SHANGHAI (Reuters) – For the next few days, 26-year-old Joy Zhang will be watching her favorite American shows like “Prison Break” on a computer, since China’s TV channels will be devoted to state-approved fare for the duration of the Communist Party’s
See all stories on this topic »

Upward curve for China’s curling
China Daily
No team or individual can resist the temptation of winning an Olympic medal. And those who have succeeded before are often the most eager. The Chinese women’s curling team is no exception. The prospects are looking good for the 2009 World
See all stories on this topic »

China’s factory output rises in sign of recovery
U.S. News & World Report
BEIJING (AP) — China’s auto sales, consumer spending and factory output improved in October in a new sign of economic recovery as the Communist Party prepared to install a new generation of leaders. Growth in factory output accelerated to 9.6 percent
See all stories on this topic »

China slaps anti-dumping tariffs on European, Japanese steel tubes
Reuters
SHANGHAI (Reuters) – China said it will impose five-year anti-dumping tariffs on high-performance stainless steel tube imports from the European Union and Japan, highlighting commercial tensions between Beijing and major trading partners. The tariff
See all stories on this topic »

Harvard-Trained China Communists Vie for Influence
Businessweek
Li is the most prominent graduate of a program that has brought rising Chinese leaders to Harvard’s Cambridge, Massachusetts campus for more than a decade. The initiative underscores the fact that even as the U.S. and China are at odds over issues
See all stories on this topic »

Miner Rio Tinto says fresh China stimulus unlikely soon
Reuters
MELBOURNE/SYDNEY (Reuters) – China’s incoming leadership change is unlikely to spur fresh economic stimulus measures anytime soon, according to global miner Rio Tinto (RIO.AX), which sells tens of millions of tons of iron ore, copper and coal to China
See all stories on this topic »

China’s foreign trade goal hard to attain this year: minister
Xinhua
In January-September, trade with the European Union, China’s largest trade partner, fell 2.7 percent year on year to 410.99 billion U.S. dollars, a wider loss than the 1.9-percent decline seen in the first eight months, the figures showed. Chen said
See all stories on this topic »

Economist tips on US economy
Independent
And rising wages in China and cheap shale energy may help US competitiveness. While all this continues, expect a continuation of Fed policy. It remains growth constructive. Monetary policy appears to be working better than before. Smaller firms now
See all stories on this topic »

China accused of offering US technology to Iran
WND.com
An Iranian partner of Huawei, Soda Gostar Persian Vista, allegedly tried in 2011 to sell embargoed American antenna equipment to the Iranian firm, MTN Irancell, but the transaction never was completed. Huawei recently has come under congressional
See all stories on this topic »

Asian stocks sink on US fiscal cliff fears as China investors await economic data
Newser
Most Asian stock markets sank Friday, weighed down by fears over the so-called U.S. “fiscal cliff” that’s seen as a big threat to the economic recovery. Chinese stocks edged higher as investors awaited economic data they hoped would show a pickup in
See all stories on this topic »

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: