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U.S. China News 2012.11.10

Sat, November 10, 2012

Google’s services unable to reach much of China
U.S. News & World Report
That raised the possibility that China’s Communist government decided to block Google’s services at a politically sensitive time. Restricting access to Google’s search engine might make it more difficult for people in China to find information about
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China derides US “Cold War mentality” towards telecoms firm Huawei
Reuters India
BEIJING (Reuters) – The United States is exhibiting a “Cold War mentality” with its fears that Chinese telecommunications equipment manufacturer Huawei poses a security risk because of its ties to the Communist Party, China’s commerce minister said on
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China to pass US as top economic superpower by 2016
RT
Additionally, the OECD predicts that China and India will together have a GDP that will beat out that of the G7 nations by as early as 2025, and by 2060 they expect Indian to out-perform the US on its own. “As the largest and fastest-growing emerging
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USChina: After decisions on leadership come decision on the relationship
euronews
http://www.euronews.com/ Managing the rivalry between their two countries is sure to be a concern for US President Barack Obama, fresh from an election win, and China’s president-in-waiting Xi Jinping. Economics play a major role in the relationship
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US solar panel duties could cost it China market – minister
Reuters
BEIJING (Reuters) – The U.S. decision to approve steep duties on Chinese-made solar panels could cost American exporters a growing market, Chinese Commerce Minister Chen Deming said on Saturday, adding that he didn’t want to see a trade war.
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Stagnant US exports to Cuba belie fair’s optimism
San Francisco Chronicle
Cuban purchases of U.S. goods have plunged as the island increasingly turns to countries like China, Brazil, Vietnam and Venezuela, which offer cheaper deals, long-term credits and less hassle over payment and shipping. “The pattern that we see is it’s
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China Investment in U.S. Is No Trojan Horse, Minister Chen Says
Bloomberg
China‘s Commerce Minister rejected U.S. concerns that Chinese investments in the U.S. were a potential Trojan horse and urged the administration of President Barack Obama to keep politics and economic issues apart. “This notion smacks a little of Cold
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Change of US, China leaders rock commodities markets
Taipei Times
Commodities mostly fell in volatile trading this week as investors eyed demand fears, the US presidential election and a looming leadership change in China. Investors’ focus was firmly fixed on US President Barack Obama’s victory over Republican
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China exports accelerate in October, imports weak
U.S. News & World Report
By JOE McDONALD, Associated Press. BEIJING (AP) — China’s export growth accelerated in October in a fresh sign the world’s second-largest economy is recovering from a painful slump, but the commerce minister warned that exporters face tough
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American voters’ dilemma
China Daily
US President Barack Obama has been re-elected for another fours years after beating Republican rival Mitt Romney in what many thought would be a close race for the White House but which turned out to be an easy win for the incumbent president in the
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China Loading Up On Gold As Hedge Against US Treasuries
Forbes
BEIJING, CHINA – OCTOBER 30: A paramilitary p… The city is on lockdown. Street vendors are closed. Taxi drivers have been ordered to seal their windows to prevent seditious material from being leafletted in the main square. Known troublemakers
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Self-reliance vs. the social state: Post-poll US still bitterly divided
China Post
On the one shore, that of the red states, people are rooted in more traditional values, religion, individualism and entrepreneurialism. On the blue shore, people embrace different oft trendier values, cherish political correctness and secularism, often
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Obama’s win: better news for USChina trade
China.org.cn
The historically expensive presidential campaign in the United States is finally over. Barack Obama won himself a second term. The noisy and messy political game finally comes to an end. With regard to US trade policy towards China, Obama’s second term
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Massively Important Election in China Goes On Behind Closed Doors
Care2.com (blog)
Once every decade China goes through the process of replacing its president and associated delegates. In an unplanned but stark contrast, it just so happens that this week saw both the US presidential elections and China’s ruling Communist Party begin
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China derides US ‘Cold War mentality’ towards telecoms firm Huawei
Economic Times
“Can you imagine if China started asking US companies coming to China what their relationship was with the Democratic or Republican parties? It would be a mess,” Commerce Minister Chen Deming, himself a Communist Party member, told reporters on the
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US election fascinates Chinese; some envy voters
Northwest Asian Weekly
The Associated Press. BEIJING, CHINA (AP) — Where can a pop star score a hit by talking about the U.S. Electoral College for 33 minutes? In China, where Gao Xiaosong’s straightforward explanation of the system drew more than 1 million hits in four days.
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US – When Obama Romney Wins – Again
AllAfrica.com
It has been a massive sales effort by the West to the rest of us, a case of Nye’s oversold soft power. The copy has been unvarying: Look at us, we choose every four years, transparently too! Look at the Chinese system: opaque, ossified, caught in a
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What ails the US job market
China Daily
‘Mitt Romney will fight for every American job.” This recent advertisement referring to Chrysler’s plans to shift jobs to China kicked off one of the many slanging matches between US presidential candidates Barack Obama and Mitt Romney. Throughout the
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US to continue probes into China’s hardwood, plywood
China Daily
Comments() Print Mail Large Medium Small. WASHINGTON — The US International Trade Commission, or USITC, on Friday voted to continue the Commerce Department’s trade investigations against imports of hardwood and decorative plywood from China.
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Iranian warplanes fired on US drone
China Daily
Iranian warplanes fired at an unarmed US drone in international airspace last week but did not hit the aircraft, the Pentagon said on Thursday, disclosing details of an unprecedented incident that triggered a formal warning to Teheran through
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China to launch new manned spaceship in 2013: Xinhua
Reuters UK
China is far from catching up with the established space superpowers, the United States and Russia, but the Shenzhou 9 marked China’s fourth manned space mission since 2003, and comes as budget restraints and shifting priorities have held back U.S.
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US, EU crises down Asian stocks
Taipei Times
The data failed to boost investor sentiment, as concern Greece’s bailout may be delayed and the looming US fiscal cliff overshadowed signs an economic slowdown in China is abating. The US Congressional Budget Office said the US economy will contract
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Freedom is the big loser in China and in the US
Herald Scotland
One depended on billions of dollars and the belief, illusory for many, that every vote counts. Another rested on the consent of billions and the certainty that the right to weigh fake ballots is the only franchise worth a damn. In both cases there was
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Report: China, India to Overtake US Economy
U.S. News & World Report
Someday, U.S. economic dominance will be a distant memory. A new report is showing just how soon that might be. The paper, from the Organization for Economic Cooperation and Development, a European-based think tank, shows that over the next 50
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Japan, US to discuss revising defence guidelines
AFP
TOKYO — Japan and the United States have agreed to discuss updating 15-year-old guidelines on their security alliance in view of China’s growing military presence in the region, a Japanese official said. After meeting high-level US officials, Senior
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PRECIOUS-Gold posts weekly gain on US fiscal crisis concern
Reuters
Steadier equities, strong US consumer sentiment support * Gold hits technical resistance near 50-day moving average * China data shows economic recovery, room for stimulus seen * Coming up: White House talk to avert fiscal cliff next week By Frank Tang
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China’s next leaders to face bumpy foreign affairs’
Zee News
“Now the Chinese and the US governments have very few problems in communication, but mutual understanding of the two countries’ people, especially mutual respect for each other’s political system, is a problem that needs to be worked on,” the
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Analysts keep close eye on China’s mystery space plane
NBCNews.com
Several China watchers in the U.S. have taken a stab at what the Shenlong (Mandarin for “Divine Dragon) might mean, with some experts conjecturing that the craft is simply a tit-for-tat response to the unmanned X-37B space plane. Space news from
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Chinese lead all international graduate students at US universities, study says
San Jose Mercury News
Nearly 40 percent of international students offered enrollment at U.S. graduate programs this fall came from China, according to a new report by the Council of Graduate schools. The number of Chinese graduate students invited to study in the United
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Amid row with China, PHL signs defense procurement deal with Canada
GMA News
Under the deal, Filipino purchases of equipment and expertise from Canada’s $12.6 billion (US$12.6 billion) defense industry are guaranteed by the Ottawa government, according to a Canadian government statement. “This will help us in our efforts to
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Chinese Solar Panel Makers Face Punitive Tariffs
Forbes
U.S.-listed Chinese solar panel manufacturers have been slapped with tariffs and countervailing duties of up to 250 percent after the U.S. International Trade Commission (ITC) found that the U.S. solar panel industry had been harmed by Chinese dumping.
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Mixed joy club
China Daily
If an American politician had used this tone, the ChineseAmerican community would have jumped up in protest. In the US, ethnic humor is the territory of ethnic-minority comedians. Cui must have counted himself as one. But his jokes are actually
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Apple iPhone 5 Supply Ramping In U.S., Ready For China Launch AAPL
Investor’s Business Daily
Apple’s (AAPL) iPhone 5 supply is catching up with demand, at least in the U.S., analysts say. Next up for the hot-selling smartphone is its debut soon in China. Nightly checks of 100 Apple retail stores indicate that iPhone 5 supply for AT&T (T) and
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Why You Can’t Say ‘I Voted!’ in Chinese—at Least in China
The Atlantic
After casting my ballot (I’m a US citizen), I put up a photo of Chinese-language voting materials on my renren.com account, the Chinese version of Facebook. Everyone knows that Americans get to vote, but there’s something truly poignant about seeing
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Scarlett’s Adventures In China
MiceChat
Scarlett Stahl and her friend decided to take a trip to Beijing, China, but unlike most U.S. tourists, these two adventurous ladies decided to take their own self-guided tour. It’s a good thing they were up for adventure, too, because their trip had
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Sector Wrap: North American solar companies rise
Businessweek
On Wednesday, the U.S. International Trade Commission found that Chinese companies have materially injured U.S. manufacturers, upholding tariffs that can run as high as nearly 250 percent. And on Thursday, the European Union began an investigation
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London copper edges up but US fiscal worries drag
SteelGuru
Reuters reported that London copper edged up for a second session after a dip this week to its lowest levels in two months enticed some Chinese bargain hunters to restock the metal but a looming US fiscal crisis and lingering euro zone worries capped
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Obama’s Myanmar trip ‘no threat to China
Peninsula On-line
Chinese media, academics and even a few diplomats have worried that US engagement in rapidly democratising Myanmar could threaten Beijing’s relationship with what had been an important trade partner and de facto ally. But Qin Guangrong, the
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China says effectively turning the corner on the economy
Reuters
BEIJING (Reuters) – China announced on Saturday that it is effectively turning the corner on the economy and likely to meet its growth target for the year, more good news for Communist Party policy makers meeting in Beijing to anoint new leaders for
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Chinese sub-launched nuclear deterrent at hand-report
AFP
WASHINGTON — For the first time China is close to reaching a “credible” nuclear deterrent based on land-based, submarine-launched and air-dropped nuclear weapons, a draft US report warned Friday. The report by the USChina Economic and Security
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Chinese Imports Create US Jobs and Help the Poor
Heritage.org (blog)
The recently concluded presidential campaign contained a substantial amount of China-bashing from two candidates fighting over who would be tougher on trade. In reality, getting tough on trade would mean getting tough on poor people and destroying U.S.
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