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U.S. China News 2012.11.23

Fri, November 23, 2012

German sentiment buoyed by China, US
LONDON (CNNMoney) — The German economy is showing signs of resilience, after growth slowed in the third quarter, as companies look beyond the eurozone crisis to brighter prospects in China and the United States. The Ifo business climate index
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Taiwan raises 2012 growth outlook on China, US recovery signs
Taipei (Reuters) – Taiwan raised its 2012 growth outlook for the first time in over a year on Friday as demand for its hi-tech electronic exports picks up in its top markets, China and the United States. The government lifted its full-year 2012 growth
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Tibetan man sets self on fire in protest in China
U.S. News & World Report
BEIJING (AP) — A Tibetan man has died after setting himself on fire in northwest China’s Qinghai province, state media reported Friday, in the latest in a series of protests against Chinese rule. The official Xinhua News Agency says Libong Tsering, 19
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Sany lawsuit not to affect USChina ties
Chinadaily USA
It’s been a challenging year for Chinese business interests in the United States. The US government has attempted to block several Chinese companies, including Sany, Huawei and ZTE, from entering the American market this year, on national security
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Golden Triangle: After Obama’s Visit to Rangoon, What’s Next for Burma-China
Chinese state-owned companies have descended across the globe, from Africa to the farthest reaches of the South Pacific, bringing the kind of foreign investment that had dried up after the Cold War, when the U.S. and the Soviet Union vied to woo
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Palestinian Envoy: China Can Play Special Role Instead of US
Al-Manar TV
He said Beijing could succeed where the United States failed in finding a solution to end ‘hostilities’ between ‘Israel’ and the Palestinians. “We are very interested in the Chinese role in all the Middle East because all the Middle East needs more
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China and US manufacturing improves
The Guardian
Strong manufacturing figures from China and the US fuelled speculation that a long slowdown in global output is rapidly coming to an end. Commodity prices jumped and stock markets lifted after China’s manufacturing sector expanded for the first time in
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Black Friday: Think it’s crazy in the US? You should see China’s version.
Christian Science Monitor
That may not look like much compared with “Black Friday” spending in the US (which topped $11.4 billion last year), until you take a couple of things into account: First, average Chinese salaries are 10 times smaller than average American salaries
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US should make more positive contributions
People’s Daily Online
Certain media outlets take Obama’s Asia trip immediately after reelection as an obvious sign of the eastward shift of U.S. strategic focus and of a tougher stance against China. Some of them even portrayed Obama’s visit to Myanmar as a new attempt to
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Liberia, China Sign US15 Million Economic and Technical Cooperation Agreement
The Governments of the Republic of Liberia and the People’s Republic of China have signed an Economic and Technical Cooperation Agreement whereby the latter will provide Liberia approximately US$15 million. Liberia’s Foreign Minister, Augustine
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US-Myanmar detente forces Chinese rethink’
The News International
European and US firms are no longer banned from doing business there, leaving them scrambling to catch up with rivals from China, India and elsewhere in Asia in the competition for its resources and consumer markets. US President Barack Obama’s
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China suspends imports of nuts from US Sunland
Shanghai Daily (subscription)
23 (Xinhua) — China on Friday said it will suspend import of nuts produced by U.S. Sunland Inc. over Salmonella outbreaks. Quarantine branches will step up checks on nuts or nut products from the United States, as well as postal goods and luggage
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China reduces Iranian crude imports, avoids US sanctions: Analysis
Morning Whistle
China already received exemption from these sanctions this past June. However, renewal this upcoming December is conditional upon even further reductions of Iranian imports. The Wall Street Journal speculated that the U.S. is likely to grant China’s
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Beijing’s S. China Sea rivals protest passport map
U.S. News & World Report
There are concerns that the disputes could escalate into violence. China and the Philippines had a tense maritime standoff at a shoal west of the main Philippine island of Luzon early this year. The United States, which has said it takes no sides in
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Race to breach China market heats up for US sports
Global Times
The Ultimate Fighting Championship (UFC), with its high-octane China debut in the glittering gambling Mecca of Macao on November 10, is the latest sports organization from the US to look East for future growth. The world’s biggest mixed martial arts
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PMI report card: China is up, Europe is down and the US is slow Add to …
Globe and Mail
The world’s three economic engines are not pulling together. China is up. Europe is down. The United States is slow. That suggests market nerves will stay on edge. European investors have clutched eagerly at the latest China data – and with reason.
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Copper Gains on Positive Chinese and US Manufacturing Data
Copper Investing News
Copper gained ground this week after China’s manufacturing sector expanded for the first time in 13 months, and as investors gained hope that US lawmakers will be able to reach a deal to avoid the so-called “fiscal cliff” — a set of automatic tax
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China: Damco says US company exports improving
“Although it is more on a case-by-case basis, the number of US clients exporting is showing signs of a recovery with improved volumes,” said Kevin Yan, general manager for business process improvement and operation at Damco. “However, with our
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Gaza truce could pave way to new US peace push
China Post
WASHINGTON — The U.S. success in helping to broker a Gaza cease-fire shows it cannot turn its back on the Middle East and should perhaps seize the moment to try to rekindle peace talks, experts said Wednesday.
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China Eastern Airlines seals US$5.4b deal to buy 60 Airbus A320s
Business Times (subscription)
The new aircraft will help the airline satisfy rising demand for domestic medium- and short-haul passenger routes, it said in the same statement. The deal is subject to approval by China Eastern’s shareholders and regulators – PHOTO: BLOOMBERG
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US dollar sheds NT$0.014 to close at NT$29.171
China Post
TAIPEI — The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.014 to close at NT$29.171 as large foreign institutional buying in the local bourse boosted demand for the local unit, dealers said.
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Chinese Democracy Is No Goal
The National Interest Online
So why would the United States welcome a democratic China? The most obvious answer is that a democratically governed China would share mutual interests with the United States and the international community, including human rights and the adherence
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US Ex-Im backs Air China bond
Trade Finance (subscription)
The Export-Import Bank of the United States (US Ex-Im) has backed a bond released by Air China to refinance an aircraft… You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a
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Blackstone, China firm shortlisted for US$1.5b Ingham Chicken deal
South China Morning Post
Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia’s largest poultry producer Inghams Enterprises, a deal that could be worth as much as A$1.4 billion (US$1.5 billion), sources with
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WTO Sides With US In Steel Duty Dispute With China
China had imposed anti-dumping and countervailing duties, alleging that American GOES manufacturers were being given subsidies by the US government; in particular the “Buy America” provisions of the American Recovery and Reinvestment Act of 2009
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