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U.S. China News 2013.05.05

Sun, May 5, 2013

China Biotech In Review: Chindex Buys Israeli Laser Company For $240 Million
Seeking Alpha
Ascletis, a ChinaUS drug developer, in-licensed China rights to a next-generation HIV protease inhibitor from Janssen R&D Ireland, a subsidiary of Johnson & Johnson (NYSE: JNJ) (see story). Janssen believes the drug, known as TMC310911, is likely to
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China incursions in Ladakh tactical move: US expert
Hindustan Times
A top US expert feels that the Chinese incursions in eastern Ladakh are more a tactical move by the Chinese army than a larger strategy by its government. The alleged incursion of the Red Army into Indian territory set off a diplomatic stand-off
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Like US, China not embracing electric vehicles
Detroit Free Press
SHANGHAI — Fears that China will overtake the U.S. in the race to put electric vehicles on the road have fizzled. Despite choking pollution in big Chinese cities, consumers here see EVs as too expensive or too difficult to recharge. China has offered
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China awards 28 outstanding overseas students in southern US
Xinhua
HOUSTON, May 4 (Xinhua) — Twenty-eight Chinese students from colleges in eight southern U.S. states received an annual Chinese government award here on Saturday. At a ceremony at the Chinese Consulate General in Houston, Deputy Consul General
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Warren Buffett-Backed Chinese Automaker BYD To Open US Manufacturing
Forbes
BYD BYD, the Chinese manufacturer of autos, batteries and phone components 10% owned by Warren Buffett’s Berkshire Hathaway Berkshire Hathaway, plans to open two U.S. manufacturing facilities in the coming months. BYD Automobile (Photo credit:
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Suzlon to raise $400 mn by selling non-core assets
Firstpost
“We have identified 15 non-core assets, mostly in overseas markets like China, US, etc, which we plan to sell in the next 12-18 months in a phased manner. We expect to realise nearly $300-400 million through the sale process,” chief financial officer
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China not embracing electric cars – USA Today
USA TODAY
Despite choking pollution in big Chinese cities, the government faces the same obstacles as the U.S. in the push for electric vehicles: They’re still expensive, many consumers don’t understand them and many drivers don’t have anywhere to charge the
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A Modest Proposal : Let’s Outsource The Entire US Defense Effort To China !
Forbes
America’s dependence on China grows by the day. The latest news is that the United States has been reduced to leasing a Chinese satellite to handle communications with U.S. military bases in Africa. Surprising, isn’t it? The nation that launched the
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Irish-American keeps his audience in stitches
China Daily
The acclaimed Irish-American comedian has come to China for a year to study Chinese at Renmin University, live with a Chinese family in Haidian district and experience as much Chinese culture as he can while filming a documentary for Ireland’s national
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Chinese Housewives Buy All The Gold U.S. Money Managers Sell…And Then
Seeking Alpha
But, while GLD investors sell their paper gold, there is no lack of demand for physical bullion both here in the U.S. and elsewhere in the world. A report in China’s People’s Daily on Thursday pegged buying by “Chinese housewives” at an impressive 300
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Regional pivot in defence must be managed, says Stephen Smith
The Australian
“I wouldn’t use the word fraught, certainly as you see a new power rise – in this case China – the other global powers have to adjust to that,” he said. “The international community has to manage that. The ChinaUS relationship is pivotal to that
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HK IPO market heats up with US$3.5 billion Sinopec unit, Galaxy Securities deals
The Borneo Post
A UNIT of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to uS$3.5 billion in total, injecting life into Asia’s moribund initial public offering (IPO) markets where deal values more than
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Discovery of New Meat-Eater Dinosaur in China Cutting-Edge- It’s a Chinese
Design & Trend
In 2006, a team led by James Clark of George Washington University discovered only a partial skeleton of the new species, but included a near-complete skull (shown in the photo above in comparison to a U.S. quarter) and a mandible in a remote region of
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China must obey ruling on US steel imports – WTO
SteelGuru
The dispute dates back to September 2010, when Washington accused China of breaching trade rules by not providing sufficient evidence that anti-dumping duties were needed on US imports of electrical steel used in the power sector. Anti-dumping duties
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Israel’s Netanyahu, Palestine’s Abbas head to China
Pakistan Daily Times
China believes that “strengthening its relationship with Jerusalem would be a sign that it gradually is coming to possess a foothold in the region, while somewhat offsetting, and perhaps even undermining, American political influence there”, the
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Show us the money for Defence spending
The Australian
It also says that Australia does not have to choose between China and the US: “nor do the US and China believe that we must make such a choice”. Rather than inferring that the US must make strategic space for China, the white paper says the US will
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A new day for US manufacturing
Baltimore Sun
Again, the experts predicted a rapidly diminishing role for American manufacturing. The rationale was convincing: America could not compete with cheap Chinese labor and widespread government subsidization of the Chinese economy. Our trade imbalance
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Chinese find India a potential partner unlike Japan
Economic Times
What the race to reach Mars by tomorrow says about Earth today. The country with the most number of applicants for Mars trip is US with 100; 5 Indians and 12 Chinese have also volunteered for the chance. Send poems and messages to Mars via NASA
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Crowd funding fueling creative projects in China
Xinhua
Two months later, he received 146,000 yuan (23,725 U.S. dollars) from 3,000 people who he’s never met. In return, they all received membership cards for Jia’s hostel in Lhasa, capital of Tibet Autonomous Region in southwest China. Jia is one of many
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Kerry phones China over dissident’s nephew, can’t reach minister
Pakistan Daily Times
US Secretary of State John Kerry tried calling Chinese Foreign Minister Wang Yi to discuss the imprisoned nephew of blind Chinese dissident Chen Guangcheng but Wang was not available, the State Department said on Friday. Wang was said to be in
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China / Society China awards 28 overseas students in US
Chinadaily USA
HOUSTON – Twenty-eight Chinese students from colleges in eight southern US states received an annual Chinese government award here on Saturday. At a ceremony at the Chinese Consulate General in Houston, Deputy Consul General Li Guixi handed
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China Should Not Hyperventilate Over Japanese Constitutional Revision
Forbes
May 3, besides being the first day of Japan’s Golden Week holiday, is also Constitution Day, the day in 1947, during the U.S. Occupation, that the U.S.-written constitution in which “the Japanese people forever renounce war as a sovereign right of the
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Cold case petition grabs US attention
Global Times
Discussions about the petition and the victim are strictly limited on China’s blogosphere. A post about the petition, published by a popular Weibo account, was removed Sunday. Searches for “Zhu Ling,” “Sun Wei” and the chemical “thallium” on Weibo
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India And The US ‘Pivot’: Brothers In Arms? – Analysis
Albany Tribune
The US ‘pivot’ and its ‘rebalancing’ towards Asia has been perceived as a strategic attempt to re-engage with the region. As the nuances of the policy continue to roll out, the containment of China dynamic, and the consequent role of India as a
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Long struggle to publish Fang Lizhi’s autobiography
South China Morning Post
But the publication was shelved in 1991 when Doubleday realised Fang’s story had slipped out of the news as he settled down in the US. The following year, Li writes, a famous ChineseAmerican physicist – whom she does not name – persuaded another
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Richard Nixon’s grandson tours China to recall historic 1972 visit
Los Angeles Times
It inspired the meme “Nixon in China” (long before anybody knew what a meme was) and a 1987 opera of the same name by American composer John Adams. The commemorative trip, which marks what would have been Nixon’s 100th birthday, was
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Netanyahu Heads to China to Discuss Trade Amid Regional Tension
Businessweek
Iran is a top supplier of oil to China, which has used its veto power in the United Nations Security Council to undercut more stringent U.S.-backed measures against the Iranian government. Netanyahu says Iran, despite its protestations to the contrary
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Chinese Americans in LA chip in for quake victims
China Daily
LOS ANGELES – A Chinese American group in Los Angeles on Friday collected about $71,900 in donation for the victims in the recent deadly earthquake in China’s Sichuan province. “It is not big money but it shows our love for the people of Sichuan who
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U.S. Industrial Renaissance Is Eroding Emerging Markets’ Competitive Edge
Seeking Alpha
In fact, he sees opportunities beyond the BRICs (Brazil, Russia, India and China), with the MIST countries (Mexico, Indonesia, South Korea, and Turkey) offering particular promise. But what Van Agtmael called the “creative response” from the United
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US military base in Maldives infringes on SL maritime security
Nation on Sunday
Jathika Hela Urumaya (JHU) MP and Minister of Research, Technology and Atomic Energy, Patali Champika Ranawaka said a US military base in the Maldives would give the US an opportunity to monitor the India Ocean, and counter the growing Chinese
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Hackers pose a serious threat to US small business
Baltimore Sun
We’ve already come across dozens of instances where the designs of our material handling baskets were stolen by websites in China and India. I attended a meeting in Washington this winter where U.S. Attorney General Eric Holder put businesses with
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China’s bad air prompting many expats to rethink career moves
Salt Lake Tribune
Health risks from pollution of air, water and soil have become a source of discontent with Communist Party rule among ordinary Chinese. Foreigners regularly check the air quality readings put out by the U.S. Embassy and consulates on their Twitter
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Through time & space
Tribune-Review
The following titles can take readers from the period just before the American Revolution to the future of satellite technology, with stops along the way for an examination of the roots of today’s pop-culture media, a prescription for U.S. policy in
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TPP may spur China’s laggardly reforms
Global Times
In 2001, non-compliance with the standards of interest rate liberalization and the lack of collective bargaining rights left China disadvantaged in talks with the US to join the WTO. Although years of reform have made China an economic powerhouse
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Defence white paper pivots over China threat
The Australian
The paper released yesterday by Julia Gillard and Defence Minister Stephen Smith stresses the importance of Australia’s relations with both China and the US, but says the US will remain Australia’s most important ally. “The government does not approach
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India should push for treaty with China on Brahmaputra: Experts
New York Daily News
He said India has told China that “if you divert any water, it will impact us, so please tell us.they said no, we are not doing anything, but satellite pictures have showed otherwise and then they acknowledged it”. “And now they have said the projects
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