US women match 20-year-old mark
ESPN
LONDON — The Americans were at it again, putting up record numbers in another impressive offensive performance at the Olympic basketball tournament. This time it was the U.S. women’s team. Just days after the U.S. men shattered the Olympic record for …
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US and China neck-and-neck in Olympic medals race
Jackson Sun
The final week of the games will be dominated by medal events in track and field, where the United States is much stronger than China. USA Track & Field is targeting 30 medals overall. U.S. hopes took a hit when LaShawn Merritt pulled up in his heat with a …
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USA vs. China Women’s Basketball: Grades, Twitter Reaction and Analysis
Bleacher Report
China and the USA may be locked in a battle for medal supremacy at the 2012 Olympics, but on the women’s basketball court, there is nothing remotely competitive about this matchup. That much became clear as Team USA blasted its way to a 114-66 win.
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China calls in US diplomat over South China Sea
Reuters
BEIJING (Reuters) – China’s Foreign Ministry has called in a senior U.S. diplomat to protest against remarks by the U.S. State Department raising concerns over tensions in the contested South China Sea, further intensifying an already fraught territorial dispute …
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The US-Vs-China Olympic Battle Is Too Close To Call
Business Insider
But in the wake of an eventful week, China remain on course for an epic tussle with the USA atop the medal table in the second half of the London Games. At the halfway mark, just two medals separated the superpowers in both the gold medal total and the …
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China blasts US for sending ‘wrong message’ on South China Sea disputes
CNN
(CNN) — China blasted the United States on Saturday for its recent public criticism and urging of diplomacy to address territorial disputes in the South China Sea, saying the U.S. statement shows “total disregard for the facts” and sends “a seriously wrong …
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Basketball: US women’s win sets line-up for quarters
Chicago Tribune
LONDON (Reuters) – The long-reigning U.S. women’s basketball team stretched their Olympic winning streak to 38 games with a 114-66 thrashing of China on Sunday that established the line-up for Tuesday’s quarter-finals. The Americans, who won the last …
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Lofty status for US and China
Boston.com
LONDON — Four days into the Games of the XXX Olympiad the citizenry already had its knickers in a twist over Her Majesty’s athletes failing to finish atop the podium. The Georgians, Hungarians and Kazakhs had won gold medals but the British, who’d …
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US women put on offensive show of their own in 114-66 rout of China in Olympic …
Washington Post
China was able to hang with the U.S. for a quarter behind its own hot shooting before the Americans turned the game into a blowout with a huge second quarter run. The victory was the Americans’ 38th-straight in Olympic play and gave them the top seed in …
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China: U.S. sent wrong signal on dispute
UPI.com
A statement from the U.S. Department of State released Friday said the United States government is concerned by the increased tensions in the South China Sea and is monitoring the situation closely. “In particular, China’s upgrading of the administrative …
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China protests US State Department remarks on South China Sea
NBCNews.com
In a statement released late on Saturday, China’s Foreign Ministry said Assistant Foreign Minister Zhang Kunsheng summoned the U.S. Embassy’s Deputy Chief of Mission Robert Wang to make “serious representations” about the issue. The State Department …
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China Summons US Diplomat
Wall Street Journal
China’s Assistant Foreign Minister Zhang Chunsheng on Saturday summoned the deputy chief of mission of the U.S. Embassy in Beijing, Robert S. Wang, to say that Washington has “totally ignored the facts, confounded right and wrong and sent the wrong …
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Olympics 2012: Diana Taurasi scores 22 points to lead Team USA blowout over …
New York Daily News
LONDON – The U.S. women’s basketball team tied their own Olympic scoring record Sunday with a 114-63 rout of China. Diana Taurasi scored 22 points and the women matched the 114 points they scored against Spain in 1992, but and fell well short of the …
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China summons US diplomat over South China Sea row
The Hindu
Assistant Foreign Minister Zhang Kunsheng told the U.S. diplomat Robert Wang that China expressed its “strong dissatisfaction” at Friday’s statement from the State Department, which “disregarded the facts, confused right with wrong, sent a seriously wrong …
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London 2012 Medal Count: How This Week’s Events Will Impact US Olympic …
Bleacher Report
It should be no surprise to anyone that the U.S. and China are together atop the medal count standings through the first week of the 2012 London Games. The Americans and Chinese always find themselves battling closely for supremacy on the sports world’s …
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China rebukes US diplomat for sending ‘wrong signal’ on South China Sea
The Guardian
China‘s foreign ministry has called in a senior US diplomat to express “strong dissatisfaction” at remarks by the US state department raising concerns over tensions in the disputed South China Sea, in the latest political spat between the two countries.
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China tells US not to meddle in disputes over islands
Sydney Morning Herald
BEIJING: China’s Foreign Ministry has called in a senior US diplomat to protest against remarks by the State Department over rising tensions in the disputed South China Sea. The Assistant Foreign Minister, Zhang Kunsheng, summoned the deputy chief of …
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China Says US Sending ‘Wrong Signal’ on South China Sea
Businessweek
China said U.S. criticism of its attempt to bolster claims to gas- and oil-rich islands in the South China Sea sent “a seriously wrong signal” to nations embroiled in territorial disputes in the region. China’s recent actions “run counter to collaborative diplomatic …
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Commentary: US should refrain from sending wrong signals over South China Sea
Xinhua
5 (Xinhua) — A recent U.S. statement on the South China Sea sent wrong signals and did not help with the peace and stability in the region and Asia-Pacific at large. The U.S. State Department on Friday accused China of taking unconstructive moves in the …
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US women’s basketball team beats China in record-setting performance
Chicago Tribune
LONDON — Closing pool play unbeaten and with its 38th straight Olympic victory, the U.S. women’s basketball team destroyed China 114-66 Sunday afternoon at Basketball Arena. The U.S., which faces Canada in Tuesday’s quarterfinals, tied its 20-year team …
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Final tally for Super Saturday Olympic medals
Houston Chronicle (blog)
The home team won six medals on Saturday and now has the third most in the 2012 London Games, behind only the U.S. and China. Great Britain’s gold medal count now stands at 14 after Mohamed Farah became the first British runner ever to win the gold …
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2012 Olympic Medal Count: United States Falls Behind China On Sunday
SB Nation
Midway through competition on Sunday at the 2012 Olympic Games in London, the United States has dropped off the pace set by China in the medal count. The United States entered Sunday’s competition with a one-medal lead over China in both total …
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Olympics Medal Tally 2012: Athletes Who Give USA Advantage over China in …
Bleacher Report
In the quest for the most Olympic medals, USA and China have pulled ahead of every other country and every medal will be important if the U.S. wants to claim the most medals in the 2012 Games. One area where the U.S. should have a clear advantage is …
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China earns women’s team epee gold, US nabs bronze
Fox News
London, England – China roared past South Korea and the tough-lucked Shin A Lam in Saturday’s women’s team epee final, while the United States captured bronze. Shin was looking at a chance for gold after suffering a loss in the semifinals of the women’s …
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Saturday Olympics Results: US and China In Tight Battle In Medal Competition
WJBD Online
LONDON (AP)- Midway through the London Games, the United States is locked in a tight battle with China in the medal competition. The U.S. leads by one medal on each list – 26-25 in golds and 54-53 overall. The U.S. has its swimmers to thank. Overall, U.S. …
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Halfway through Olympics, US leads China by one in medals race
Duluth News Tribune
Halfway through Olympics, U.S. leads China by one in medals race. Midway through the London Games, the United States is locked in a tight battle with China in the ultimate Olympic competition — the race for No. 1 in the medals. By: Associated Press report, …
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U.S.-Canada match-up set for quarterfinals
UPI.com
5 (UPI) — Diana Taurasi’s 22 points led a record-equaling effort Sunday and the United States completed Olympic group basketball play with a 114-66 battering of China. The 114 points tied the most an American women’s team has ever scored in an Olympic …
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China summons US diplomat in row over South China Sea
Deutsche Welle
China’s Assistant Foreign Minister Zhang Kunsheng summoned the US Embassy’s Deputy Chief of Mission Robert Wang on Saturday after America expressed concern over the contested South China Sea. Zhang fiercely dismissed US concerns in his …
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South China Sea dispute: China summons US diplomat
BBC News
China has summoned a senior US diplomat in a dispute over the South China Sea. On Friday, the US state department said Beijing was risking an escalation in tensions by establishing a garrison on one of the disputed Paracel islands. The Chinese foreign …
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Olympic Medal Count: USA, China Still Neck and Neck after Day 8
BostInno (blog)
In the women’s swimming, US starlet Missy Franklin added a gold in the 4X100 Medley as well, bringing her individual medal tally to 4 — 3 gold and one bronze. China added 11 medals to their count and are just one medal behind the stars and stripes, which …
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South China Sea: China Raps U.S. on Garrison Criticism
International Business Times
Responding to a press statement released Friday by the U.S. Department of State, Chinese Foreign Ministry voiced Beijing’s “strong dissatisfaction and opposition” over Washington’s stance on the South China Sea dispute and summoned the U.S. Embassy’s …
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US Voices Concern Over South China Sea Rows
China Digital Times
The United States has accused China of raising tensions through a new military garrison in the South China Sea, calling on all sides to lower tensions in the hotly contested waters. “We are concerned by the increase in tensions in the South China Sea and …
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US criticises China over garrison in sea
The Citizen Daily
Washington, Saturday. The United States yesterday accused China of raising tensions through a new military garrison in the South China Sea as it called on all sides to lower tensions in the hotly contested waters. China announced last week that it was …
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US, China Neck-And Neck In Olympic Medals Race
CBS Local
LONDON (CBS SPORTS) – The red, white and blue is painting the Olympics gold, silver and bronze. Nearly midway through the London Games, the United States is locked in a tight battle with China in the ultimate Olympic competition — the race for No.
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China summons US diplomat in Sea row
The News International
BEIJING: China has summoned a senior US diplomat over American criticism of Beijing’s decision to set up a new military garrison in the South China Sea, in an escalating row over the tense waters. Assistant Foreign Minister Zhang Kunsheng called in the …
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China Protests US Remarks On South China Sea
Manila Bulletin
Assistant Foreign Minister Zhang Kunsheng summoned deputy chief of mission Robert Wang to make ”solemn representations” of Chinese concerns ”to the top US leadership immediately,” the ministry said on its website late Saturday. US State Department …
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Dun & Bradstreet Stumbles in China
Wall Street Journal
D&B said the Chinese government alleged Roadway’s data-collection practices could violate consumer privacy laws. D&B also said it was reviewing whether its employees in China had violated the Foreign Corrupt Practices Act, a U.S. law that bans bribery of …
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China summons US diplomat in West Philippine Sea row
Inquirer.net
In this July 21, 2012 file photo, Chinese people chat in front of an administration office building for the Xisha, Nansha, Zhongsha islands on Yongxing Island, the government seat of Sansha City off the south China’s Hainan province. Beijing on Saturday, Aug.
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China’s men rolling toward another gold medal
Yahoo! Sports
“We welcome talented table tennis players coming to China to learn the game,” said Liu, who won two gold medals in the 1996 Olympics. “We know it’s not so good, but we have a long history of the game in our country. … There is very big pressure on us to …
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2012 London Olympics: Team USA Destroys China 114-66
SB Nation Atlanta
The team got off to a sluggish start defensively against China and only led 31-28 at the end of the first quarter. Team USA would clamp down from there allowing China just 38 points the rest of the way and outscoring them 30-8 in the second quarter.
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US, China in ‘Territorial Dispute’ in South China Sea
Arutz Sheva
A long-standing territorial dispute is escalating between the United States and China in the contested South China Sea. Half the world’s shipping makes its way through the waterway – about $5 trillion in trade annually — and tensions are rising over an area …
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Olympic Medal Count 2012: Must-Win Events for USA to Take Total Medal Race
Bleacher Report
The United States and China are neck and neck in the Olympic medal race. At this point, we’re just about halfway through the 2012 London Olympics and not very much has been determined yet. We knew going in it was going to be a race between the U.S. …
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China Lashes Out at US Over Africa
Wall Street Journal
BEIJING—Chinese state media lashed out at U.S. Secretary of State Hillary Clinton on Friday in the midst of her six-nation African tour, illustrating the struggle for influence between the U.S. and China over the resource-rich region. In an unusually combative …
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US warns China against further moves in South China Sea
Los Angeles Times
The U.S. statement appeared to be a sign to Southeast Asian countries that the administration continues its close watch on developments in the region. But one analyst cautioned that by singling out China at a time when several nations have been pushing …
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Olympic Medal Count 2012: USA’s Best Weekend Chances to Gain Medal Lead
Bleacher Report
Thanks to magnificent performances from the U.S. men’s and women’s swimming teams, the USA finds itself in a good position to make a run over the weekend. If you remember correctly, it was the U.S. and China competing back and forth in the medal count …
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China state news agency slams Clinton remarks on Africa trip
Reuters
BEIJING Aug 3 (Reuters) – China’s official news agency hit back on Friday at suggestions by U.S. Secretary of State Hillary Clinton that Beijing is only interested in Africa for its natural resources, adding a further layer of tension to already testy Sino-U.S. ties.
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Swimming: Chinese sensation Ye slams doping suggestions
Reuters
BEIJING (Reuters) – Olympic sensation Ye Shiwen has hit back at a top American coach who suggested the Chinese swimmer could be using banned substances, telling state news agency Xinhua that John Leonard had acted unprofessionally. Ye, who won …
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Gold Medal Count: Athletes That Will Help US Pull Away from China in Day 7
Bleacher Report
The battle between the United States and China for the most gold medals in the Olympics is neck and neck, but a few athletes could make the difference. At the 2008 Beijing Games, the USA led with 110 overall medals, but China easily won the race for the …
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London 2012 Medal Count: Why US and China Will Continue to Lead Medal Race
Bleacher Report
The United States and China always find themselves near the top of the overall medal count in the Olympic Games. That hasn’t changed a bit this year, as the two countries have been battling for the top two spots at the 2012 London Olympics. That’s not going …
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2012 Olympic Medal Count: US Opens Lead On China After Day 6, Sort Of
Fox News
Rebecca Soni’s victory in the women’s 200m breaststroke, Tyler Clary’s win in the men’s 200m backstroke, and Michael Phelps’ triumph in the men’s 200 IM added three golds to the U.S. tally late on Day 6, tying China’s 18 golds for the most in London.
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Ye Shiwen says US swim coach John Leonard is unprofessional (VIDEO)
GlobalPost (blog)
Chinese swimmer Ye Shiwen said US coach John Leonard was unprofessional for suggesting she had taken banned substances. Ye made international headlines after she smashed the world record in the 400-meter individual medley and shaved five …
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China hits back at Clinton’s Africa comments
Washington Post
NAIROBI — Chinese state media have lashed out at U.S. Secretary of State Hillary Rodham Clinton after she warned African leaders about cooperation with countries who want to exploit the continent’s resources. On a tour of sub-Saharan Africa to promote …
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Phelps Win Helps U.S. Take Olympic Games Medals Lead From China
San Francisco Chronicle
His victory was one of three for the U.S. in swimming and six in all sports at the London games yesterday, lifting the Americans past China in total medals. Both countries have 18 golds, with the U.S. holding a 37-34 overall advantage. “It was hard, but it’s really …
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US, Chinese athletes battle it out at Olympics
Washington Times
HONG KONG — The tense U.S.-Chinese relationship is playing out on the Olympic stage as accusations of doping and poor sportsmanship on both sides — and a thirst to one-up each other in medal count — highlight the friction between the world’s only …
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US: China garrison raises tension in disputed sea
NewsWest9.com
US: China garrison raises tension in disputed sea. The United States is criticizing China’s new military garrison in the contested South China Sea as risking an escalation in tensions. The United States is criticizing China’s new military garrison in the contested …
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China emerges as Team USA’s new Olympic rival
Arizona Republic
However, the Chinese led the gold-medal count for the first time in their history with 51. Like the Soviets in the good old days, we are growing to mistrust the Chinese during the Games. They probably don’t trust us much, either. However, China’s athletes have …
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China, India service sectors counter downturn with steady growth
Reuters
BEIJING/BANGALORE (Reuters) – The services sectors in emerging powerhouses China and India grew in July at a healthy pace, providing vital support for the two economies as their manufacturing sectors struggle with the global downturn. China’s official …
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US says it is ‘concerned’ about escalating South China Sea tension
Platts
The US State Department Friday said it is “concerned” about increasing tensions in the South China Sea, including “disagreements over resource exploitation.” In June, China National Offshore Oil Corp. offered leasing in nine offshore blocks that Vietnam …
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Chinese Retaliate Against The US Swim Coach By Posting His Contact Info On …
Business Insider
Chinese Retaliate Against The US Swim Coach By Posting His Contact Info On Weibo. Adam Taylor | Aug. 3, 2012, 9:30 AM | 3380 | 21. Email; More. Share on Tumblr · Tweet. Email. Share on Tumblr. John Leonard, the top US swim official who said he …
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US plot to sow discord between China, Africa is doomed to fail
Xinhua
BEIJING, Aug. 3 (Xinhua) — U.S. Secretary of State Hillary Clinton Tuesday launched an 11-day tour of Africa, lobbying African leaders to cooperate with so-called responsible nations rather than countries focusing on exploitation. Although the U.S. top …
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Swimming: Coughlin says US has work cut out with rising China
Reuters
LONDON (Reuters) – The captain of the U.S. women’s’ swimming team Natalie Coughlin said the Americans have their work cut out for them in view of the rising threat from Chinese swimmers. “I think the Americans will still be pretty good but we have a lot of …
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Olympics-Swimming-Coughlin says US has work cut out with rising China
Reuters
LONDON Aug 3 (Reuters) – The captain of the U.S. womens’ swimming team Natalie Coughlin said the Americans have their work cut out for them in view of the rising threat from Chinese swimmers. “I think the Americans will still be pretty good but we have a …
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Olympic medal count: Women shine as US surges past China
Christian Science Monitor
It was a day worth celebrating as the US passed China in total medal count and caught them in gold, with gold medal performances by American women in four events. By Laura Edwins, Contributor / August 2, 2012. US rowers, from left to right, Caryn Davies, …
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Olympic Medal Count: U.S. Swimming Keeping Medal Race Even with China
Bleacher Report
When it comes to competing with the United States for superiority on the podium in the Summer Olympics, it looks like the Chinese are here to stay. We saw it coming with they finished second in gold medals at Athens in 2004 with 32, and in 2008 the Chinese …
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METALS-Copper rises sharply on US payrolls, weak dollar
Reuters
ECB INACTION The ECB’s inaction added to gloom over dismal manufacturing sector reports from China, Europe and the United States this week, with only a small gleam of improvement seen in China’s small- and medium-sized private sector companies.
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US: Annan’s resignation Highlights Russia and China’s Failures in Security …
Voice of America (blog)
The United States says Kofi Annan’s resignation as UN envoy to Syria highlights the failure by Russia and China to back meaningful resolutions in the Security Council. Spokesman Jay Carney says the Russian and Chinese vetoes of three anti-Assad drafts …
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China discourages fasting for Uighur Muslims
U.S. News & World Report
By ALEXA OLESEN, Associated Press. BEIJING (AP) — China is discouraging some Muslims in the far western region of Xinjiang from fasting during Ramadan. The government says the move is motivated by health concerns, but others said Friday that it’s a …
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US blames Russia, China for Annan mission failure
TwoCircles.net
By IANS/RIA Novosti,. Washington : The resignation of UN and Arab League envoy to Syria Kofi Annan highlights the failure of Russia and China to back strong action against Bashar al-Assad’s regime, the White House has said. Annan, who assumed his post …
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Gold Medal Count 2012: Track Events Will Propel US Past China
Bleacher Report
The United States and China are currently tied for the lead in the gold medal count at 18. America has the advantage going into the track and field events and will end up dominating China in the gold medal count when all is said and done. When comparing …
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US blasts China over West Philippine Sea dispute
ABS CBN News
MANILA, Philippines (UPDATED) – The US State Department on Friday criticized China’s move to build a military garrison in the disputed waters of the West Philippine Sea amid Beijing’s territorial dispute with the Philippines and other countries.
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2012 Summer Olympics medal count: U.S. ties the gold medal lead for the first time
Zap2it.com (blog)
gabby-douglas-gold-medal.jpg For those who think the real 2012 Summer Olympic Games medal count winner means who has the most gold medals, the U.S. is officially on the top of the leaderboard. The United States has tied China with 18 gold medals …
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North Korea’s Kim tells China, economy a priority
Reuters
He said he expects Kim to unveil his reforms early next year after the scheduled government changes in China, South Korea and the United States. But to date, Pyongyang has resisted any dramatic changes in its traditional top-down management of the …
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North Korea’s new leader makes diplomatic debut
U.S. News & World Report
China poured troops into North Korea to help fight the U.S.-led United Nations forces during the 1950-53 Korean War and remains Pyongyang’s main ally and biggest benefactor. Though the relationship has been cool at times, with Pyongyang periodically …
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Storm Warnings: South China Sea Tensions Reflect Danger of Defense Cuts
Right Side News
In recent months, tensions have risen in the South China Sea as the ongoing territorial disputes between various Southeast Asian states and the People’s Republic of China have begun to boil. An April speech by Chinese Defense Minister Liang Guanglie …
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London 2012 Olympics medal count has U.S. pass China on Day 6
Examiner.com
On Thursday, August 2, the London 2012 Summer Olympic Games ended Day Six with the United States and China still in close competition for the top of the medal race. China and the U.S. are locked even in the gold medal race; meanwhile the United States …
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US report proposes aircraft carrier base in Western Australia
World Socialist Web Site
Published on June 27, the report spelt out Washington’s motives, declaring that “the most significant problem for the United States in Asia today is China’s rising power, influence, and expectations of regional pre-eminence.” The review did not prompt media …
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China Slams Hillary Clinton Over Africa Comments
Huffington Post
BEIJING — Chinese state media are taking a swipe at U.S. Secretary of State Hillary Rodham Clinton, saying she is either ignorant of the facts in Africa or ignoring them. Clinton is on trip to Africa seen as boosting U.S. relations there and questioning China’s …
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Smartphone maker HTC sees third-quarter revenue drop, only China to grow
Reuters
Nomura noted that HTC has cut the price of One X to 4999 yuan ($780) from 5677 yuan in China and U.S. operator AT&T lowered the contract price of the same model to $99 from $199 last month. “(Cutting prices) in less than three months after its launch, we …
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US expresses concern over tension in South China S
Zee News
US expresses concern over tension in South China S Washington: Concerned over the establishment of a new military garrison by China in the South China Sea, the US on Friday said it was monitoring the situation and asked all stake holders to lower …
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Chinese state media take swipe at Clinton’s comments on Africa, defend China’s …
Washington Post
BEIJING — Chinese state media took a swipe at U.S. Secretary of State Hillary Rodham Clinton on Friday, saying she was either ignorant of the facts about Chinese investment in Africa or was ignoring them. The acerbic comments from the official Xinhua …
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US Blames Russia, China For Annan’s Resignation
RTT News
(RTTNews) – The United States on Thursday blamed China and Russia for Kofi Annan’s decision to quit as the UN peace envoy for Syria. Both Russia and China continued refuse backing UN resolutions aimed at punishing Syrian President Bashar al-Assad …
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Phelps Wins Gold as Swimmers Move U.S. to Lead in Total Medals
San Francisco Chronicle
Rebecca Soni and Tyler Clary both set records in also winning gold as the U.S. overtook China in the table. “It has not even processed in my mind yet,” Clary said. “The fact that I am an Olympic champion and record holder is something that is very humbling.” …
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Olympic Medal Count 2012: Track and Field Events Will Give US Edge over China
Bleacher Report
The United States and China have battled atop the total medal count throughout the first few days of the 2012 London Olympics. But the track and field events will tip the balance towards the U.S.. At the 2008 games in Beijing, China won the most gold medals, …
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USA Leads the Medal Count as Olympics Round the Turn into the Final Week
Jackson Free Press (blog)
The USA now has 37 overall medals to China’s 34 overall medals. More importantly the U.S. has tied China for the most gold medals with each country having 18 gold medals apiece. The USA has nine silver and 11 bronze to China’s 11 silver and five bronze.
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Summer Olympics 2012: Top Storylines Heading into Day 7
Bleacher Report
As expected, the U.S. and China have been jostling for top honors in the medal count. From the first day to the sixth, these two teams have held the top two spots and have been going back and forth, each trying to top the other. It was China that held the lead …
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Scandals make skeptical Americans look bad
San Francisco Chronicle
None of the U.S. swimmers greeted the feat with the raised eyebrows they had accorded Ye’s performance. Coach Leonard issued no statement about Missy Franklin and superwomen. One possible reason: Franklin isn’t Chinese. The Chinese, let’s face it, are …
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US-backed study exploited China prisoners: rights group
Chicago Tribune
NEW YORK (Reuters) – A medical study published in the weekly journal Science and partially funded by the U.S. government was conducted at detention centers in China that engage in severe violations of human rights, according to a letter published by the …
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Chinese dissident Chen welcomed to US Capitol
Fox News
Chen, 40, moved to the U.S. in May with his wife and two children after a dramatic escape from house arrest in China’s Shandong province to the U.S. Embassy in Beijing. He had documented forced abortions and other abuses by local authorities.
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For US, China is the new Soviet Union during the 2012 London Olympic Games
New York Daily News
The U.S. clearly threw the first beanball here, a provocative act lacking proof, and therefore an unwise move. A prominent American swimming coach, John Leonard, went on the record about private suspicions involving Ye Shiwen, the Chinese breakout star …
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US Grain Exports-Soy sales at 9-month low; China cancels new-crop
Reuters
Net soybean sales lowest since Oct 2011 * New-crop soy sales blunted by China cancellations * Corn, wheat sales rebound, but within trade forecasts By Karl Plume Aug 2 (Reuters) – U.S. soybean export sales plunged last week to a nine-month low due to a …
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U.S., Britain Win Two Olympic Golds as China Leads in Standings
San Francisco Chronicle
2 (Bloomberg) — The U.S. women’s eight successfully defended its Olympic rowing title and Britain twice won gold as China maintained its lead in the medal standings at the London Games. The American boat led from the start, pulling away to finish in 6 …
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China responds to US criticism on religious rights: Don’t ‘meddle’ in our policies
NBCNews.com (blog)
BEIJING – China has blasted a State Department report that criticized its controls on religion, saying Thursday that the document was prejudiced and an attempt to meddle in domestic affairs. The Chinese Foreign Ministry’s condemnation of the International …
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Destinee Hooker leads US over China at Olympics
Yahoo! Sports
LONDON (AP) — Destinee Hooker scored 22 points and the U.S. women’s volleyball team improved to 3-0 with a three-set preliminary round victory over China at the London Olympics on Wednesday. Megan Hodge added 18 points for the top-ranked U.S. …
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US swim coach’s personal info crawls onto China’s Twitter
CNET
U.S. swim coach’s personal info crawls onto China’s Twitter. Coach who is suspicious of absurdly fast Chinese swimmer Ye Shiwen has his personal details posted on Sina Weibo, the Chinese Twitter, by the former head of Google China. Is this Guy Adams II?
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Dumais earns a long-awaited medal
Boston.com
The world’s diving superpower completed a sweep of the synchronized events, winning the men’s 3-meter springboard and putting China halfway toward taking all the gold medals. The Chinese also won the men’s 10-meter platform and women’s 3-meter and …
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US blames Russia, China in Annan resignation
Fox News
WASHINGTON – The White House says Kofi Annan’s resignation as United Nations envoy to Syria highlights the failure of Russia and China to support action against Syrian President Bashar Assad. White House press secretary Jay Carney says the U.S. is …
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Covidien Opens US$45 Million R&D Facility in China
MarketWatch (press release)
“China is a key market in our global strategy, and this investment is a reflection of our strategic initiatives.” With a total investment of US$45 million over a three year period, the CTC will eventually employ more than 300 people. The facility spans more than …
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U.S. Swimmers, Chinese Divers Dominate in Olympic Pool
San Francisco Chronicle
Aug. 1 (Bloomberg) — U.S. swimmers and Chinese divers continued to dominate on a record-setting day in the pool at the London Olympics. Nathan Adrian won the men’s 100-meter freestyle and the U.S. women captured the 800-meter freestyle relay to give …
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China’s Nexen takeover has a big US hedge
MarketWatch
By Bill Mann, MarketWatch. VANCOUVER, B.C. (MarketWatch) — Enbridge’s fitful attempts to build a pipeline from Alberta’s oil fields to the British Columbia coast is providing plenty of entertainment value on the business and political fronts these days.
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Australia rejects proposal to base US carrier
New York Daily News
“There’s a concern that the more the U.S. builds up its military posture in the Western Pacific as part of President Barack Obama’s pivot to Asia, the higher the risk that the U.S.-China relationship will become more competitive, more adversarial, more hostile, …
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US Olympic Women’s Swimming 2012: Watch out Team USA; China Is on the Rise
Bleacher Report
A danger lurks for the U.S. women’s swimming team. It is hidden in the shadow of their London success, threatening their future hopes. And it wears red. Team USA is enjoying great success in women’s swimming, headlined by Dana Vollmer, Rebecca Soni, …
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Olympic Standings 2012: Team USA Will Close Gold Medal Gap on Day Six
Bleacher Report
The United States sat five gold medals behind China at the start of the day. After USA claimed women’s eight gold in rowing, the medal gap already begun to narrow in London on Day Six. China will add at least one gold to their total count, as Zhang Jike and …
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Top China paper hits back over Ye doping doubts
Chicago Tribune
BEIJING (Reuters) – China’s top official newspaper has waded into the furore over comments suggesting Olympics swimming sensation Ye Shiwen might have benefited from doping, saying that the unfounded suspicions showed ignorance and “deep-seated …
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Olympic Medal Count: China Sneaks Ahead of US after Day 5
BostInno (blog)
After 5 days of heart pounding (and heart breaking) action from the 2012 London Olympics, the medal count battle between Team China and Team USA is looking even more like a two horse race. Heading into the fifth day of competition, China and the United …
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Online and outspoken: China’s microblog craze
U.S. News & World Report
By ALEXA OLESEN, Associated Press. BEIJING (AP) — China’s Twitter was raucous Thursday with horn-tooting over Beijing’s gold rush at the London Olympics, a digital reflection of the nation’s exuberant mood — embellished with flashing emoticons. Earlier …
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The Netherlands defeats China 1-0 in women’s hockey, Australia beats US 1-0
Washington Post
LONDON — Maartje Goderie reprised her scoring role from the 2008 final against the home team in Beijing on Thursday to seal the Netherlands’ 1-0 victory over China in women’s hockey at the London Olympics. The midfielder weaved through China’s …
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Olympics medal count: China edges back out in front of US Wednesday
Christian Science Monitor
However, by Wednesday afternoon, China regained the medal lead, 30-29. China was also still ahead in the gold medal count, with 17 to the US’s 12. Phelps and the women’s gymnastics team may have been the main attraction on Tuesday, but what really …
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Senegal Seen as US Partner in Fight against Extremism
Voice of America
Clinton’s Africa trip comes against a background of rapidly rising Chinese trade and investment on the continent. China surpassed the United States in 2009 becoming Africa’s largest trading partner, and the volume of trade has continued to rise dramatically.
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US beats China, thanks to Destinee
Deseret News
It was the United States‘ eighth straight victory over China in international competition. The team’s last loss came at the 2007 World Grand Prix. The U.S. women are among the favorites to medal in London. The team has never won an Olympic gold medal in …
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Chinese athletes ‘enjoy’ great success but at what cost?
MiamiHerald.com
“There is a lot for us to learn from an opponent like the USA,” Chinese captain Qiuyue Wei said. Mostly, the technically impressive Chinese learned how badly they need Wang. As Wang jogged to test her ankle during the third game, one thought kept …
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US model for a future war fans tensions with China and inside Pentagon
Washington Post
When President Obama called on the U.S. military to shift its focus to Asia earlier this year, Andrew Marshall, a 91-year-old futurist, had a vision of what to do. Marshall’s small office in the Pentagon has spent the past two decades planning for a war against an …
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US factory orders fell 0.5 percent in June indicating further slowdown in …
Washington Post
U.S. consumers and businesses have cut back on spending, which has lowered demand for factory goods. Europe’s economic woes and slower growth in China, India and Brazil have also reduced demand for American exports. U.S. manufacturing shrank for …
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US Sanctions Against Bank ‘Target’ China
LoanSafe
(Source: Zhou Wa Asia News Network (MCT) — Washington has attempted to put more pressure on China over the Iranian nuclear issue by placing sanctions on the country’s Bank of Kunlun, with China expressing its strong dissatisfaction and firm opposition …
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Blind Chinese Activist Meets With US Lawmakers
Voice of America
The United States raised Chen’s case during the 17th US-China Human Rights Dialogue, also expressing concerns about the arrest of his nephew. Chen said Chinese central government officials have not contacted him for any progress on the open …
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Blind Activist Chen Guangcheng Visits US Capitol, Says China ‘Deteriorating’
ABC News (blog)
Chen Guangcheng, the blind Chinese human rights activist who captured international headlines earlier this year after escaping house arrest, met with top congressional leaders at the U.S. Capitol today to plead for assistance from the U.S. government in …
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Medal Check: projections say after Day 5, U.S. has work to do in gold race
CBSSports.com (blog)
Which got us to thinking: yes, at the end of the fifth day of competition, China holds the lead in both total medals and most gold medals in the medal count, 30 to 29 and 17 to 12, respectively. In the gold medal race, in particular, China looks to have a …
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Smith Rules Out US Having Aircraft Carrier Base in Perth
Businessweek
The increased military presence is part of a U.S. push to boost its footprint in the Asia-Pacific, including a bid to strengthen naval defenses in the Philippines, as China’s military power grows. The proposal to base a U.S. aircraft carrier and supporting fleet in …
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U.S. Olympic Medal Count 2012
Bleacher Report
China currently has 30 medals to the United States‘ 29, and this includes the six medals the Americans racked up Wednesday in London. Most notably, the US women’s swimming team took the 4×200 freestyle relay, edging out both Australia (silver) and …
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2012 Olympics: Is Total Medal Count More Important Than Winning Gold? Yes …
Bleacher Report
As the London Olympics entered competition on August 2, the United States trailed the Republic of China in total medals by just one, 30-29. Perhaps more importantly, China has won 17 gold medals in the first five days of competition, while the United States …
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China and the Olympics
Workers World
It wasn’t until the 1984 games in Los Angeles that the PRC sent its first full delegation of athletes. And 24 years later in 2008, China hosted the XXIX summer games in Beijing, where it won 100 medals — more than any other country, including the U.S. …
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China Paranoia: Ye Shiwen, Doping, And The Rush To Be Respectfully Offensive
SB Nation
… Chinese swimming prodigy who won two gold medals in London this week, obliterating her competition and setting a world record in the 400 meter individual medley, and people think she cheated. John Leonard, the executive director of U.S. Swimming, …
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China Set to Cut Corn Imports as Drought Spurs Record Price
Businessweek
“The U.S. drought has made it very difficult” for China to import corn to boost supply, Zeng Liying, deputy director of the State Administration of Grain, said in an interview in Beijing. “But we do have stockpiles, and corn planting has increased this year,” she …
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Volleyball: Team USA wins in every which way in sweep of China
CBSSports.com (blog)
If their first two games were a statement of intent for Team USA’s women’s volleyball team, showing the world that they had brought the big guns to this tournament, their third game against rival China was the punctuation mark. They can’t handle us, period.
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Dissident tells US lawmakers of deteriorating human rights in China
MiamiHerald.com
WASHINGTON — Chinese dissident Chen Guangcheng spoke out against the Chinese government and its human rights abuses in a meeting with House of Representatives leaders and lawmakers Wednesday on Capitol Hill. “The human rights situation in …
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Sometimes the Price of Success Is Just Too High
Huffington Post (blog)
Ye Shiwen, the 16-year-old Chinese girl who seems to be causing quite a fuss, is very, very, very, very fast. She’s so fast that she managed to swim … She looked, said the top U.S. swimming coach, “like Superwoman.” When he said that, he didn’t mean that …
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China Is Stifling Its Own Economic Future
U.S. News & World Report
Gary Shapiro is president and CEO of the Consumer Electronics Association, the U.S. trade association representing more than 2000 consumer electronics companies, and author of the New York Times bestselling book, The Comeback: How Innovation Will …
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US women win second straight rowing gold
Superior Telegram
Nathan Adrian (100 freestyle), Daniel Gyurta (200 breaststroke) and China’s Jiao Liuyang (women’s 200 butterfly) each won a gold medal, and the United States finished first in the women’s 4×200 freestyle relay. Adrian of the U.S. closed fast and clocked …
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In Senegalese shoe capital, Chinese not welcome
U.S. News & World Report
In a veiled swipe at China’s role in Africa, U.S. Secretary of State Hillary Rodham Clinton told a university audience in Senegal on Wednesday that the U.S. will tie investment to human rights and sustainable development. Though she did not mention China by …
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US jabs China, Russia as Annan departs
The Australian
THE United States has blamed the resignation of UN peace envoy Kofi Annan on the refusal of Russia and China to back resolutions targeting Syrian President Bashar al-Assad. White House spokesman Jay Carney, speaking aboard Air Force One, said that …
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Cracks showing in China’s economy
USA TODAY
TIANJIN, China – Jingjin City is about 120 miles from Beijing, but few people live in the sprawling development. No train or subway goes there. Jingjin City has no hospital. No kindergarten. No supermarket. Grass grows man-high outside the unoccupied villas …
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US women’s volleyball squad beats China to improve to 3-0
Los Angeles Times
LONDON — The U.S. has never won a gold medal in women’s indoor volleyball, a long line of almosts and so-closes since the sport debuted in the 1964 Olympics. There was a silver in 1984 and again in 2008, but that’s about it. There’s still an eternity left in …
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Hooker, Hodge keep US women’s volleyball unbeaten
USA TODAY
Updated. LONDON (AP) – Destinee Hooker scored 22 points and the U.S. women’s volleyball team improved to 3-0 with a three-set preliminary round victory over China at the London Olympics on Wednesday. China’s Ruoqi Hui gets her shot blocked by the …
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Alloys in China’s Gold?
Wall Street Journal
The saddest effect of doping in modern sports is the way it has robbed us of the unalloyed exhilaration at witnessing true greatness. After Chinese swimmer Ye Shiwen broke the world record in the 400-meter individual medley Saturday, a BBC commentator …
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China says US sanctions against Chinese bank over transactions with Iran will …
Washington Post
BEIJING — China’s Foreign Ministry on Wednesday urged the United States to rescind sanctions imposed on a Chinese bank over its transactions with Iran, saying the move damaged China-U.S. relations. Ministry spokesman Qin Gang said in a statement …
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Olympics: US vs CHINA: THE NEW COLD WAR
ABC News (blog)
At the centre of this new Cold War is Ye Shiwen, a 16-year-old Chinese swimmer who snagged gold on Saturday in the 400 meter individual medley at a pace that shattered the world record by more than a second and knocked five second seconds off her …
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China angry about doping accusation
ESPN
U.S. coach John Leonard was quoted in British media as saying Ye’s performances were “unbelievable” and “disturbing.” On Wednesday, the state-run Global Times responded by saying questions about Ye’s feats were unfair. “The West still judges China …
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China sweeps synchronized diving events at London Olympics; US earns bronze
Washington Post
Qin and Luo got outscored by the Russians in the last round — 100.32 to 89.10 — but it proved no threat to China’s superiority. Zakharov and Kuznetsov, third behind China and the U.S. after the next-to-last round, rallied for the silver on their forward 4 1/2 …
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China says West being ‘petty’ over Ye doping allegations
CNN
The U.S. has maintained its lead over the country in the overall medal count, but China has been steadily closing the gap each year, placing within the top five in the summer Olympics since 1992. At the Beijing 2008 Olympics, China surpassed the U.S. in gold …
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China Urges US to Lift Sanctions Against Bank for Iran Ties
Voice of America (blog)
The U.S. Treasury on Tuesday announced the sanctions against China’s Bank of Kunlun and an Iraqi financial institution accused of doing business with sanctioned Iranian banks. U.S. President Barack Obama also imposed new sanctions through an …
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Global factories struggle as growth fears rise
Reuters
NEW YORK/LONDON (Reuters) – U.S. and euro zone factory activity slumped again in July while Chinese manufacturing hit an eight-month low, surveys showed on Wednesday, as economies worldwide showed signs of slowing. The data may boost pressure …
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Clinton challenges Africa to embrace democracy
U.S. News & World Report
DAKAR, Senegal (AP) — In veiled swipes at China’s investments in Africa, U.S. Secretary of State Hillary Rodham Clinton on Wednesday urged African leaders to embrace democracy and partnerships with responsible foreign powers as a means to improving …
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Markit Final Index of US Manufacturing Fell to 51.4 in July
Businessweek
The European debt crisis and slower growth in China and Brazil may limit demand for U.S. goods. At the same time, American consumers are slowing their spending and businesses are tempering equipment purchases. The industry has weakened across the …
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Olympics: US vs. China: The New Cold War
ABC News
Is China the new Soviet Union at the Olympics? It sure is looking like it today. At the center of this new Cold War is Ye Shiwen, a 16-year-old Chinese swimmer who came from fourth place today to win gold in the 200 meter individual medley and snagged gold …
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David Gray / Reuters
NBCNews.com (blog)
“Michael Phelps won eight gold medals in the 2008 Games. Nobody seems to question the authenticity of his results, most probably because he is American.” Nobody that is, except for China’s former Olympic doctor who claimed Tuesday he long suspected …
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Chinese politician’s wife charmed and threatened
U.S. News & World Report
By GILLIAN WONG, Associated Press. BEIJING (AP) — Gu Kailai has been many things to many people: devoted wife, ambitious lawyer, gracious host, menacing businesswoman and, now, China’s most famous murder suspect. The wife of ousted Chinese …
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Double Swim Gold Medalist Ye, 16, Predicts Younger Champions
Businessweek
Leverenz praised Ye’s achievements, saying it was for sports authorities to root out cheats. “I think it’s easy to point fingers, it’s easy to point fingers at any of the other racers,” the American said while sitting at a table next to the young Chinese swimmer.
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Terror threats, China top Clinton agenda in Africa
USA TODAY
She started the tour in the Senegalese capital of Dakar, where U.S. officials said she would give a speech warning African states about the potential perils of Chinese investment, which many development experts claim enriches China at Africa’s expense.
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China wins 3-meter synchro gold; US finishes 3rd
SI.com
LONDON (AP) China swept the synchronized diving events at the Olympics, winning the men’s 3-meter springboard to put the country halfway toward taking all the gold medals. Qin Kai and Luo Yutong led all six rounds of the final Wednesday, totaling 477.00 …
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Olympic Medal Count: USA and China Go Medal for Medal on Day 4
BostInno
Yesterday, China and the United States matched each other medal for medal with four golds, one silver, and one bronze each. Tied at 17 medals a piece after day three, they’re even again at a medal count of 23. When weighting the medals, however, China …
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Commentary: USA vs. China medals race — it’s on
Salt Lake Tribune
“Olympic sport is part of the culture war,” Chinese sports executive Wei Jizhong said in an interview with The Denver Post. “In the culture war between China and the U.S., in the culture part, China is very weak. USA always is leading. In culture, you have …
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For Chinese Olympians, Winning Is No Longer Everything
Bloomberg
Since Saturday, no Olympic telecast, website or sports page has been complete without a small table showing just how many more gold medals the Chinese team has accumulated than the competition — and specifically, than the U.S.. And what of the silver …
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Chinese defend swimmer’s gold, knock Western ‘bias’
NBCNews.com (blog)
Ye’s dominant performance raised eyebrows among some swimming experts, including John Leonard, the head of the American Swimming Coaches Association who openly questioned the legitimacy of Ye’s victory. “History in our sport will tell you that every …
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Macau government probes Sands over document transfer to US
Reuters
In March 2011, Las Vegas Sands also said it was being investigated by U.S. authorities for potential breaches of the Foreign Corrupt Practices Act (FCPA), which prohibits bribes to foreign officials by U.S. companies. Shares in Sands China fell 3 percent after …
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US Hearing Blasts Working Conditions in China
Voice of America (blog)
In particular, Li said Apple, whose China operations have faced accusations of harsh labor conditions, has the ability to improve the situation. He noted the U.S. company’s annual profits are enough to pay more than 100 years of wages for 300000 workers at …
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Manufacturing in slump in US, UK, eurozone and China
BBC News
Manufacturing in most of the world is in a slump, a raft of reports for July has suggested. US manufacturing growth shrank for the second month in a row, said a survey by the Institute for Supply Management. In the UK, the manufacturing sector shrank at its …
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The Unfair Smear Campaign Against Chinese Swimming Sensation Ye Shiwen
Slate Magazine
But Longman also quoted American star Natalie Coughlin calling the performance “interesting,” Australia’s Stephanie Rice terming it “insane,” and the United States‘ Caitlin Leverenz saying, “The Chinese have had a history in the past of doping, so I don’t …
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Ye Shiwen: Another gold, another record, more suspicion
USA TODAY
The suspicions have arisen largely because of Chinese swimming’s tainted past. “People who are reacting (negatively to Ye) went through the ’90s when there definitely was an issue, and it was proven,” U.S. coach Bob Bowman said. “So that’s something the …
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London 2012 Olympics Medal Count: United States, China Still Jockeying For …
SB Nation
The United States and China are still well-ahead of the pack in the medal count for the 2012 Summer Olympics in London. The two countries have been jockeying atop the standings since the games began, and they remain competitive so far Wednesday.
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Rule of law in China the silent victim at Bo Xilai wife’s trial
Chicago Tribune
Gu, who practiced commercial law and wrote once a book about her experiences of both the Chinese and U.S. legal systems, will be at the centre of highly politicized trial this month in which rule of law is unlikely to attract more than token attention.
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Olympic Medal Count 2012: China, USA tied for first; current standings and odds
Examiner.com
Day five of the 2012 Olympic Games are upon us, and so far it is China who has had the best overall success in the Medal count. As of 8:00 a.m. ET the United States and China are tied in the overall Medal count with 23, but the Chinese lead overall in Gold …
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China opposes Iran-based US sanctions on CNPC’s Bank of Kunlun
Platts
China has announced its opposition to US sanctions imposed on the Bank of Kunlun, owned by China National Petroleum Corp, for doing business with Iranian banks. In a statement on the website of the Chinese consulate in New York on Wednesday, …
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Ye Shiwen: China is not being singled out with doping suspicions
The Guardian (blog)
When a Chinese athlete won, everyone was so excited and proud. I remember watching as China’s position rose from 11 in the medal tables in the 1988 Seoul Olympics to three in Sydney in 2000. Finally, in 2008, China finally beat Russia and the US to be …
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BMW earnings fall 28 percent
NBCNews.com
Earnings were supported by continuing sales increases in China, where they rose 31 percent, and by a 10 percent increase in the U.S.. Strong global sales of the X3 sport utility, which jumped 38 percent, helped too. “The BMW Group continued to perform …
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Olympics-US team steps back from coach’s drugs comments
Reuters
LONDON, July 31 (Reuters) – An American swimming coach who suggested China’s Olympic swimming champion Ye Shiwen could be using banned substances is not associated in any way with the country’s swimming or Olympic team, the United States …
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Ye Shiwen denies doping, predicts Olympic youth movement
Newsday
“I think it’s easy to point fingers, it’s easy to point fingers at any of the other racers,” the American said while sitting at a table next to the young Chinese swimmer. Chinese Legacy Any exceptional swim by a Chinese athlete is going to be called into question …
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2012 Olympic medal totals by country: US and China dominate
Examiner.com
China and the U.S., which are running neck to neck in Olympic medal totals, are far ahead of the rest of the countries with second place Japan only awarded 13 Olympic medals. That’s 10 away from the two countries in the Olympic lead, according to the …
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Unease, anger as Chinese swimmer fights doping doubts
Reuters
LONDON (Reuters) – Chinese swimming sensation Ye Shiwen should be basking in the glow of Olympic glory – aged just 16 she has a world record, a Games record and two gold medals. Instead, she has been forced to fend off questions and insinuations of …
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Olympics-Phelps breaks medal record with relay gold
Reuters
American beats 48-year-old record of Soviet gymnast Latynina. * Takes silver in butterfly, gold in freestyle relay. * Chinese prodigy Ye captures second medley victory (Updates with Phelps relay, Ye, U.S. gymnastics). By Mark Trevelyan. LONDON, July 31 …
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Olympic Standings 2012: USA Will Distance Itself from China in Track & Field
Bleacher Report
Team USA and the Chinese are deadlocked at the top of the 2012 Olympic Standings. China better enjoy the view from up there because, by this time next week, it’ll be long gone. When the track and field competition begins on Friday, the U.S. will distance …
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Olympic Standings 2012: Bold Predictions for Final Day 5 Medal Count
Bleacher Report
During the Olympics thus far, China and the United States have been neck and neck, as far as medals are concerned. On Day 3, China got a big leg up when the men’s gymnastics team won the all-around competition. But on Day 4, the U.S. quickly made up …
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Macau probes Sands China over privacy breach
U.S. News & World Report
HONG KONG (AP) — The Chinese arm of U.S. billionaire Sheldon Adelson’s gambling empire is being investigated by Macau privacy authorities over its handling of documents related to a lawsuit by its former CEO, who claims the company has links to crime …
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Look out world, China’s in the Olympic pool
CBC.ca
And right now the country looking to take on the world is China. In these early days of the London Games, China and the United States sit atop the medal board, tied, with China holding the lead in the key category of Olympic gold. China is an established force …
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US Urged To Cancel Sanctions On Chinese Bank
RTT News
“The U.S. side imposing sanctions, in accordance with its domestic law, on a Chinese financial institution has severely violated the principles of international relations and impaired the interests of the Chinese side,” Foreign Ministry spokesman Qin Gang said …
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Clinton takes veiled swipe at China in Africa
CBS News
(CBS/AP) DAKAR, Senegal – In a veiled swipe at China’s investments in Africa, U.S. Secretary of State Hillary Rodham Clinton on Wednesday urged African leaders to embrace democracy and partnerships with responsible foreign powers if they want to …
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Chinese deny Ye doping, Phelps chases record
Reuters
LONDON (Reuters) – China has vehemently rejected suggestions by an American coach that doping might be behind the astonishing performance of a Chinese swimmer as Michael Phelps, himself a former teen pool prodigy, bids to become the most …
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Olympics-Chinese deny Ye doping, Phelps chases record
Reuters
U.S. coach questions Ye’s ‘unbelievable’ swim. * China says Ye has previous form, ‘zero tolerance’ on drugs. * Others urge recognition for Ye in absence of proof. * Germany win first golds, in eventing; Britain second. * Phelps going for 18th and 19th medals …
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Doubts surface on China’s Ye Shiwen
FOXSports.com
“US ATTACKS CHINA OVER DRUGS ROW SUPERGIRL SWIMMER.” John Leonard, the American head of the World Swimming Coaches Association but, as USA Swimming quickly pointed out, not a member of the U.S. Olympic delegation, called the …
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IOC defends China’s teenage swim sensation
U.S. News & World Report
By ANDREW DAMPF and JOHN LEICESTER, Associated Press. LONDON (AP) — Olympic organizers and swimming’s governing body leapt to the defense of China’s world record-breaking teen sensation Ye Shiwen on Tuesday, with the sport’s president …
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Unease, anger as Chinese swimmer fights doping doubts
Reuters
But he added: “We know that doping had been active in China – I stress had been. We don’t know that now, but that means there’s always going to be suspicion.” Jim Ferstle, a U.S. journalist who is an expert on the subject of doping, agreed. “China’s history of …
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China says US report describing restrictions on global religious freedom is full of …
Washington Post
BEIJING — China said Tuesday that a U.S. report describing repression of religion in China and elsewhere is a political tool based on groundless accusations that displays Washington’s arrogance and ignorance. The annual State Department report released …
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IOC defends China’s Ye Shiwen
ESPN
What does our suspicion of Chinese swimmer Ye Shiwen say about us as sports fans? Wayne Drehs takes a closer look. Story. Adams said the top five athletes in each event, plus two others, are tested as part of “a very, very strong drug-testing program, and …
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Chinese doctor drags Michael Phelps into doping speculation
Los Angeles Times
But the next move in the swim pool tat-for-tat war of words between the United States and China was truly bizarre and strangely out of focus, as a former Olympic doctor from China promptly decided to throw Michael Phelps and his 14 gold medals under the …
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Coaches downplay Chinese doping speculation
SI.com
LONDON, July 31 (Reuters) – Doping speculation swirling around Chinese swimmer Ye Shiwen is unfair and may be triggered as much by where she comes from as her remarkable performances in the Olympic pool, rival team coaches said on Tuesday.
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From first to worst feeling
Chicago Tribune
Danell Leyva cried at the end, when the U.S. men’s gymnastics team finished a disappointing fifth, well out of medal contention after what had seemed a triumphant beginning at the Olympics two days before. … From sixth to first, that’s what the Chinese did.
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China’s Olympic successes in London a hit at home
USA TODAY
Four years after Beijing hosted the Summer Games, when China first broke the USA’s stranglehold on the gold medal podium, Chinese are celebrating with joy but little surprise at the nation’s renewed gold rush in London. The rising tally offers further …
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London Olympics: US skeptical of Chinese swimmer’s performances
Los Angeles Times
LONDON — As a top American swimming official described Chinese phenom Ye Shiwen’s performance as “impossible,” one of the U.S. swimmers scheduled to oppose her for a medal Tuesday stopped just short of calling for an investigation. Ye set a world …
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China Says Olympic Doping Accusations Unfair
Voice of America
China’s anti-doping chief says it is unfair to single out Chinese athletes, after a top U.S. coach and others expressed concerns about the world record-shattering performance of a Chinese swimmer at the London Olympic games. “I think it is not proper to single …
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China criticizes US report on religious freedom
Atlanta Journal Constitution
Print · E-mail. The Associated Press. BEIJING — China criticized the U.S. for its annual report on global religious freedom Tuesday, calling it a political tool based on groundless accusations that displayed Washington’s arrogance and ignorance.
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China Dismisses US Religious Freedom Report
Voice of America
China’s state media are lashing out at the United States for releasing a report saying that religious freedom deteriorated in China in the past year. In its annual report on international religious freedom, the State Department on Monday designated China as …
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London Olympics: Disappointment for US men’s gymnastics team
Los Angeles Times
China scored 275.997 points Monday to win its second straight men’s team gold medal and its third in the last four Olympics, with a performance that was a complete reversal from a startling sixth-place finish in team qualifications. Favored Japan took silver, …
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US officials try not to inflame Ye Shiwen doping allegations
Los Angeles Times
LONDON — As doping allegations raged about Chinese phenom Ye Shiwen, United States swimming officials scrambled Tuesday to distance themselves from the story. John Leonard, the Florida-based executive director of the World Swimming Coaches …
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Olympic doping flap after China swimmer’s win
CBS News
At least, that was the ideal. Now, it appears to be about competing sponsorships. In the latest medals count: The U.S. and China are tied for the lead with 17 overall, followed by Japan, with 11, followed by Italy and France. China has the most gold medals, with …
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Olympics-Phelps seeks medal record as doping row flares
Reuters
(Updates with comments on Ye Shiwen from swimmers and U.S. coach). By Kevin Liffey. LONDON, July 31 (Reuters) – Top swimmers cautioned against assumptions of doping as a debate over the astonishing performances of a Chinese swimmer threatened …
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China climbs over US to grab gymnastics gold
Minneapolis Star Tribune
The U.S. vision of gold dissolved into a fifth-place finish as a flurry of errors, including Orozco’s fall on vault and his shaky pommel horse routine, kicked off an afternoon of surprises at North Greenwich Arena. China rose up from a poor preliminary performance …
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Shiwen: ‘Chinese athletes are clean’
Washington Post (blog)
Chinese athletes are clean,” Ye told reporters late Monday. “The Chinese team is extremely strict on doping control, so I can assure you that is not an issue with us.” But John Leonard, the longtime head of the World Swimming Coaches Association, created a …
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US probe into Chinese client deals fresh challenge to Deloitte
Reuters
(Reuters) – A U.S. probe into the accounts of one of China’s largest private education providers is a fresh challenge to its auditor Deloitte Touche Tohmatsu, which has run into more problems with New York-listed Chinese clients than other Big Four auditing …
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Chinese Media Criticizes US Religious Freedom Report
Voice of America (blog)
Chinese state media criticized a U.S. report on worldwide religious freedom, saying the release is “counterproductive.” The state-run Xinhua news agency said in a commentary Tuesday that the report is a “political tool” and that the United States is imposing …
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France’s Agnel Again Outswims Lochte, Chinese Men Win Gymnastics
San Francisco Chronicle
China maintained its lead in the medals standings by winning in men’s team gymnastics and men’s synchronized 10-meter platform diving. After three full days of competition, China has nine golds among its 17 medals. The U.S. also has 17 medals, five of …
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China’s Ye Shiwen raises doping suspicion with ‘impossible’ win
Chicago Sun-Times
“End of story. Ye Shiwen deserves recognition for her talent.” It is not the end of the story, of course. Ye is the favorite to win the 200 IM Tuesday night. Given swimming’s dirty history and China’s record of cheating, some of us will hold off on the cheering.
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Terror, China’s reach top Clinton agenda in Africa
U.S. News & World Report
She will start the tour in Senegal, where U.S. officials say she will give a speech warning African states about the potential perils of Chinese investment, which many development experts claim enriches China at Africa’s expense. She will say that proper …
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US women roll to gold in gymnastics
Boston.com (blog)
The US women’s gymnastics team won its first gold medal at an overseas Games Tuesday evening, destroying the Russians by more than 5 points (183.596-178.530) as the Chinese defending champions finished fourth behind Romania. Needham native Aly …
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China Dominates Men’s Gymnastics; France, US Win Swimming Gold
Voice of America (blog)
The third full day of competition at the London Summer Olympics has ended, with China dominating men’s gymnastics and leaving the highly touted U.S. team empty-handed. China overcame a disastrous qualifying round to win the men’s gymnastics …
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U.S. men fly off course to finish fifth, China wins gymnastics gold
KSBY San Luis Obispo News
Well this wasn’t in the script. These five American men have been dreaming of winning an Olympic medal since they were probably eight years old. Over the last year, they probably began envisioning it might even be gold. Their performance at last year’s …
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2012 Olympics: US Coach Casts Doping Doubt on Chinese Swimmer’s World …
Bleacher Report
For the first time at the 2012 Summer Olympics, the validity of an athlete’s performance has been called into question. Ye Shiwen, a 16-year-old Chinese swimmer, shattered the world record in the women’s 400-meter individual medley on Saturday, but one …
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China wins gold; US men’s gymnastics place fifth
Washington Post
Jul. 31, 2012 – The Chinese men won their second straight Olympic title and third in four games. Their score of 275.997 points was more than four points better than Japan, which needed help from a DVR to finish second. (/Associated Press) Correction: …
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China’s ‘incredible’ Ye denies doping allegations
CNN
Chinese athletes are clean,” Ye told reporters late Monday. “The Chinese team is extremely strict on doping control, so I can assure you that is not an issue with us.” The 16-year-old world champion set a new Olympic pace for the 200-meter individual medley …
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Olympic organizers, swimming president defend China’s teen sensation from …
Washington Post
John Leonard, head of the American Swimming Coaches Association but not a member of the U.S. Olympic staff, was among those openly questioning Ye’s legitimacy. The Guardian newspaper quoted him as saying the last 100 of her race “was reminiscent …
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Olympics Medal Count: US, China Tied after Day 3
BostInno (blog)
After three days of intense Olympic competition, it’s time to start evaluating which country is producing the best, or at least the most, elite summer athletes. That’s right, it’s time for to look at the 2012 Olympic medal count. Yes, the medal count is frowned upon …
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2012 London Olympic Medal Count: U.S Gymnastics Gold Ties China For Lead
SB Nation
China’s surprising prowess in the pool has been one of the storylines of the Olympics. But it’s the traditional Chinese dominance in diving that has been their bread and butter in London, and another gold medal on Tuesday morning propelled the Chinese to …
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Doping Suspicions About Gold-Medal Swimmer Trigger Angry Response in China
TIME
Ye beat her own personal best by five seconds and swam the final 50-m quicker than Ryan Lochte, the American winner of the men’s event, prompting John Leonard, an American who is the executive director of the World Swimming Coaches Association, …
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China Hits Back At ‘Biased’ Claims That Swimmer Ye Shiwen Was Doping
Business Insider
China’s anti-doping chief has hit back at “biased” suspicions about the extraordinary triumph of the teenage gold medallist Ye Shiwen. “I think it is not proper to single Chinese swimmers out once they produce good results. Some people are just biased,” Jiang …
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U.S. winners overshadowed by negativity at London Games
Detroit Free Press
With the demise of the Big-Red-Machine Soviet Union, the United States has won the overall medal count at every Summer Games since 1996 in Atlanta, although China won more golds (51-36) at its home-game Olympics in 2008, and seems to be trending …
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China wins 2nd straight gold, U.S. takes fifth
Vineland Daily Journal
The Chinese won their second straight Olympic title and third in four games Monday, making fools of everyone who wrote them off after a dismal performance in qualifying. “After getting up from bed I thought we were going to win it,” said Chen Yibing, one of …
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Hard fall for US as men’s gymnastics team slips to fifth in finals
MiamiHerald.com
Not nearly enough. The United States finished fifth, a step back from its third-place finishes at the 2008 Olympics and 2011 world championships. China performed with effortless precision on its last four rotations to win its second Olympic gold medal in a row.
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China rejects US report on religious freedom
CBS News
BEIJING — China has rejected the latest U.S. report on religious freedom as arrogant and ignorant, saying it is based on rumors and groundless allegations. A commentary published Tuesday by the official Xinhua News Agency said the report was “continuing …
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Army sergeant acquitted of negligent homicide in soldier’s suicide
Reuters
WINSTON-SALEM, North Carolina (Reuters) – A military jury found a U.S. Army sergeant not guilty on Monday of negligent homicide in the death of a Chinese-American soldier who officials say killed himself in Afghanistan after enduring hazing and racial …
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China wins 2nd diving gold medal at Olympics; US takes bronze
CBS News
Cao Yuan and Zhang Yanquan extended the country’s diving dominance with a victory in the men’s 10-meter synchronized platform Monday, giving China its second gold medal on the boards at the London Olympics. Cao and Zhang totaled 486.78 points in …
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China eyes diving sweep, US future looking up
Boston Herald
While this may have been a ho-hum result for the Chinese, the U.S. team was downright giddy. It had been 12 long years since the once-powerful Americans even claimed a medal, but Kelci Bryant and Abby Johnston broke the drought by taking silver.
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Olympics 2012 Synchronized Diving: China Wins Second Gold As US Athletes …
Huffington Post
3 hours ago from web. CBSNews China wins gold, US silver, Canada bronze in synchronized diving #Olympics #London2012 http://t.co/fW1trhKt · 23 hours ago from Seesmic twhirl · cbschicago Illinois-native @Kelci_Bryant Wins Silver in Synchronized Diving …
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USA men gymnasts first in qualifying, flops in final
USA TODAY
At last year’s world championships, the U.S. finish third behind China and Japan, just missing the silver. They talked big. “I think we made a very big statement,” said U.S. captain Jonathan Horton after qualifying. “I think we showed people that we’re not all talk.
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China Keeps Buying Iran’s Oil as U.S. and EU Intensify Sanctions
Bloomberg
Oil tankers able to haul at least 20 million barrels of Iranian crude signaled for China in July, highlighting one of the challenges the U.S. and Europe face as they pressure the Persian Gulf state over its nuclear program. At least 10 very large crude carriers …
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US tops Russia, China in qualifying
Pittsburgh Post Gazette
LONDON — The U.S. women are atop the Olympic gymnastics standings, as expected, with little standing in their way — except themselves. More than the Russians, Romanians and Chinese, the biggest challenge for the gold medal may come from how they …
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Olympics 2012: Team USA Makes Statement in Men’s Gymnastics Preliminaries
Yahoo! Sports
China, the defending Olympic champion, finished fifth in qualifying. Critical errors also set the Chinese back. Chen Yibing struggled on the parallel bars and Zou Kai, the reigning gold medalist on the high bar, barely qualified for the final. Guo Weiyang, who …
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How China Will Beat the US in Olympic Medals
Smithsonian (blog)
Perhaps the most-wagered question at the Olympics is total medals by country. Right now, the United States has 11, Italy has 8, and France has 4. China is already one medal ahead of the US, and experts are predicting they’ll hold onto that lead, says CNN.
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Swimming: Chinese prodigy Ye sets tongues wagging
Chicago Tribune
Not only did the Chinese sensation blow away American world champion Elizabeth Beisel and set a new world record for the grueling event, she completed her final lap almost as fast as men’s champion Ryan Lochte of the U.S. did when he won the same title …
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US men stumble in team gymnastics
Boston.com (blog)
With only the high bar to go, the Americans, who’d won bronze and silver at the last two Games, were buried in sixth place, nearly 10 points behind the leading Chinese. If the US didn’t move up, it would be their worst finish since 1992, when they also were …
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Olympics: China, US medal in synchronized diving
CBS News
Laura Wilkinson’s gold on 10-meter platform in Sydney, where she upset the Chinese despite a broken foot, was the last U.S. medal. The Americans were shut out for the first time ever four years later in Athens and again in Beijing. “This is a new beginning,” …
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China Wins Two Golds, Tops Olympic Standings
Voice of America
​​American shooter Kimberly Rhode won the women’s skeet competition, making her the first U.S. athlete to win an individual sport medal in five consecutive Olympic Games. “It’s overwhelming. Every emotion is hitting me all at once right now. I know that …
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China’s Gift to US Homeowners
Businessweek
According to data released last month by the National Association of Realtors, non-U.S. buyers accounted for $82.5 billion in residential property sales in the 12 months ended March 2012. Chinese purchasers made up 11 percent of this total, while …
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China calls for private investment in key fields
U.S. News & World Report
The International Monetary Fund said last week China probably has achieved a “soft landing” but warned “global headwinds are increasing” due to Europe’s debt crisis and a weak U.S. recovery. [China, European Countries Best U.S. On Energy Efficiency.] …
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10m synchro gold sets Chinese up for sweep; U.S. takes bronze
CBSSports.com (blog)
Cao’s and Zhang’s victory pushes China’s lead to 7-3 over the U.S. in the race for the most gold medals, though Boudia’s and McCrory’s bronze keeps the two nation’s tied in the overall medal count. Comments. Newest Newest | Oldest Oldest (loading data…) …
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Olympic Live Blog: Men’s Team Gymnastics
Wall Street Journal (blog)
The crowd here is only expecting Superman, so no pressure. 12:26 pm; by Stu Woo; Edit; Add a Comment. Still, Geoff, with the U.S. trailing China by more than seven at this point, it looks as if they’ve already lost their chance for gold. 12:26 pm; by Geoffrey A.
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US, South African Swimmers Set World Records in London
Voice of America (blog)
American and South African swimmers posted world records on Sunday, but China led in the overall medal count after the second full day of competition at the London Summer Olympics. Dana Vollmer of the United States took the gold medal in the women’s …
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How open immigration made the United States dominant in the Summer Olympics
Examiner.com
The real question is: What explains this tradition of American Olympic excellence over the years? Going strictly by the numbers, China and India should win the most medals since they have the largest populations in the world. Both China and India have over …
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Rongsheng shares tumble after US insider trading probe
Reuters
HONG KONG (Reuters) – Shares in China Rongsheng Heavy Industries Group Holdings Ltd (1101.HK) tumbled 18 percent on Monday after the U.S. securities regulator accused a company controlled by the shipbuilder’s chairman of insider trading ahead of …
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Table Tennis: Gates flies in to hail “amazing” Hsing
Chicago Tribune
LONDON (Reuters) – American Ariel Hsing’s Olympic table tennis campaign ended in defeat on Sunday but the teenager was hailed as “amazing” by supporter and Microsoft founder Bill Gates who embraced her after she came off court. The 16-year-old, ranked 115 in the world, threatened to cause a major upset as she twice pegged back China’s second seed Li Xiaoxia before eventually falling to a 4-2 defeat. American billionaire Gates had sneaked into London’s ExCel Centre to watch Hsing, who affectionately …
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Hong Kong shares outshine Asia, Rongsheng plunges on US probe
Reuters
China Rongsheng Heavy Industries plunged 17 percent after the U.S securities regulator accused a company controlled by Rongsheng chairman Zhang Zhirong, of insider trading ahead of CNOOC Ltd’s bid for Canadian oil company Nexen. Rongsheng also …
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US men’s gymnastics team in last place halfway through team competition
CBSSports.com (blog)
But the total points still weren’t enough to keep the U.S. from dropping to 8th. The U.S. trails leaders China by a whopping 9 points and will need a huge finish just to repeat their bronze medal performance from 2008. The U.S. opened on the floor, where Leyva …
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US Men’s Gymnastics Takes A Fall During Finals
NPR (blog)
After five rounds of the final, China leads the competition, with Japan in second. The U.S. team sits behind Ukraine, Britain and Russia. Only the horizontal bar remains, as the last round of the final. At this point, China seems likely to win the gold, and Japan …
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Olympic roundup: With skeet gold, Kimberly Rhode gets medal in fifth straight …
Detroit Free Press
It was the first U.S. Olympic synchro medal. Wu Minxia and He Zi of China won the gold medal with 346.20 points. Johnston and Bryant finished with 321.90 points. Emilie Heymans and Jennifer Abel, with 316.80, earned the bronze, Canada’s first medal of the …
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US lawmaker asks for conditions on CNOOC-Nexen deal
Reuters
WASHINGTON, July 30 (Reuters) – The U.S. government should not approve a bid by China’s state-owned CNOOC for the U.S. assets of Canadian oil firm Nexen unless the merged company agrees to pay royalties on all oil drilled offshore, or spins off the …
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US’s Ariel Hsing eliminated
ESPN
The high-pressure match before a sellout crowd of 6000 — many chanting U-S-A and others screaming China, China in reply — suddenly established the San Jose, Calif., high school student as one of the world’s top players. Asked to rate her play, she first …
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Chinese Investment in US ‘Set for Record Year’
LoanSafe
Thilo Hanemann, research director for Rhodium, which monitors Chinese FDI in the US, said that the large-scale investments could make 2012 a record year, beating the $5.7 billion record set in 2010. Ge Shunqi, deputy head of the Institute of International …
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Religious freedoms deteriorated in China last year, US says
Reuters
WASHINGTON, July 30 (Reuters) – China’s respect for religious freedom deteriorated last year as it interfered with Tibetan Buddhist monasteries in ways that may have contributed to a dozen Tibetan self-immolations, the United States said on Monday.
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China & US one-two in medal standings
Your Radio Place
China and the United States are still one-two in the medal standings as Day 3 of the London Olympics continues. China has won six gold, four silver and two bronze. The U.S. has three gold, five silver and three bronze medals. Third-place Italy added a silver …
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China Adds Shooting, Diving Golds to Lead Olympics Medals
Businessweek
China added gold medals in shooting and diving to lift its London Olympics total to six as U.S. shooter Kimberly Rhode became the first American woman to win a medal in an individual sport in five straight games. Wenjun Guo, 28, took the women’s 10-meter …
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China-focused fund manager settles with US SEC
Reuters
WASHINGTON (Reuters) – A hedge fund manager known for his bullish bets on Chinese companies and two of his firms have agreed pay $1.1 million to settle allegations by U.S. securities regulators of “wide-ranging” misconduct including insider-trading and …
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Ariel Hsing puts on a show for Bill Gates
San Francisco Chronicle
Microsoft founder Bill Gates reacts to Ariel Hsing of the United States during her match against No. 2 seed Li Xiaoxia of China at women’s table tennis during the 2012 Summer Olympics, Sunday, July 29, 2012, in London. Billionaires Gates and Warren Buffett …
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US SEC sues Chinese co. consultant alleging wide-ranging misconduct
Reuters
WASHINGTON, July 30 (Reuters) – U.S. securities regulators on Monday sued an adviser and his investment management firm, alleging they engaged in “wide-ranging” misconduct including insider-trading, illegal short-selling, misleading investors and …
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What the medals tally tells us about the G7 and BRICS
Reuters
(Reuters) – During the Cold War, the relative power of the United States and the Soviet Union were regularly measured in gold, silver and bronze. The last couple of Olympic Summer Games have been a race between China and the United States, with …
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London Olympics: US men’s gymnastics in 7th after pommel horse
Los Angeles Times
He didn’t fall off, but he wavered so much his score was a 12.733, and after two rotations the U.S. was in seventh place among the eight teams and over seven points behind leading China. In qualifications, the U.S. had scored 43.965 on the horse and …
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China Wins Olympic Men’s Synchronized 10-Meter Platform Diving
Bloomberg
China won the Olympic men’s synchronized 10-meter platform diving, extending its lead in the gold-medal standings over the U.S.. Yuan Cao and Yanquan Zhang, the youngest competitors today, scored 486.78 in the event at the Aquatics Centre in London.
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Lochte chases more gold on Olympics day three
Yahoo! Sports
The 27-year-old will line up in the 200m freestyle final against China’s Sun Yang, who will also be targeting his second gold of the Games after his win in the 400m freestyle on Saturday. Lochte has the opportunity to avenge the USA’s relay defeat when he …
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Cnooc Deal Shows China’s Sway in Oil
Wall Street Journal
Mr. Yu cited China Petrochemical Corp.’s recent $2.5 billion investment in five U.S. shale blocks owned by Oklahoma-based Devon Energy Corp. The Chinese company, known as Sinopec, owns just a 33% stake in the blocks but is responsible for funding …
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Ye Shiwen’s world record Olympic swim ‘disturbing’, says top US coach
The Guardian
“You can’t turn around and call it racism to say the Chinese have a doping history,” Leonard said. “That is just history. That’s fact. Does that make us suspicious? Of course. You have to question any outrageous performance, and that is an outrageous …
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2012 Summer Olympics medal count: China still leads the U.S.
Zap2it.com (blog)
The United States is right on China’s tail, though, with 11 medals (three gold, five silver and three bronze). There are 15 different medal events on Monday (July 30), so perhaps by day’s end the U.S. will have taken the lead. So far, China has led the entire two …
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Men’s Gymnastics 2012: US Team Shouldn’t Relax After Strong Start
Bleacher Report
The U.S. gymnasts said they were aware of China’s struggles in the first session and Japan’s stumbles during their competition but weren’t focused on those results. ‘It’s prelims. Everyone starts over. They’re a great team; no one is discounting them,’ U.S. …
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China Wins Gold in Men’s Synchronized 10-Meter Platform Dive
Businessweek
Mexico’s German Sanchez Sanchez and Ivan Garcia Navarro’s risky dives pushed the American team of Nick McCrory and David Boudia down to the bronze. British divers Tom Daley and Peter Waterfield led the competition after three dives before China’s …
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Chinese swimmer’s unprecedented time raises eyebrows
USA TODAY
Sun Yang won gold in the men’s 400 freestyle, which was expected. Ye Shiwen won gold in the women’s 400 IM, which was not. In fact, the last 50 meters of her freestyle leg was faster than Lochte’s in the men’s version of the same race. “Yeah, we were all …
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London Olympics 2012: US coach concerned over Chinese swimmer Ye …
Daily Mail
A top US swimming coach has branded the record-breaking performance from 16-year-old Ye Shiwen from China ‘unbelievable’ and ‘disturbing’ and said history suggested doping could be involved. Ye smashed the world record for the women’s 400m …
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Controversy surrounds world-record 400 IM of China’s 16-year-old Ye Shiwen
Yahoo! Sports
The doctor heading the Chinese Olympic team during many of those scandals, Chen Zhanghao, recently defended his country’s actions, calling doping “widespread” during previous decades. “The United States, the Soviet Union and France were all [doping] …
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Jodyn Wieber fails to qualify, as US sails past Russia, China
SI.com
Jodyn Wieber fails to qualify, as U.S. sails past Russia, China. Story Highlights. American gymnast Jordyn Wieber failed to qualify for the all-around competition. Wieber, a favorite for the gold, had lost two all-around competitions since 2008. The U.S. has …
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China wins 1st diving gold; US ends Olympic medal drought in London Games
Washington Post
“After 2008, all of us were really close and we needed to fine-tune our training.” Laura Wilkinson’s gold on 10-meter platform in Sydney, where she upset the Chinese despite a broken foot, was the last U.S. medal. The Americans were shut out for the first time …
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Olympics Preview: US Men’s Gymnastics
Huffington Post
The U.S. Olympics men’s gymnastics team faces a tough competition against powerhouses China and Japan when qualifiers begin on July 28. But with an Olympic veteran and two of the most exciting male gymnasts since the Hamm brothers on the team, …
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Lochte captures first US gold; China nets four
CNN International
Ryan Lochte captured the United States‘ first gold medal of the 2012 Olympic Games on Saturday, soundly defeating rival swimming great Michael Phelps in a highly anticipated men’s 400-meter individual medley, while China blazed past its rivals throughout …
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US men’s gymnasts off to rousing start
San Jose Mercury News
And while powerhouses China and Japan wobbled their way through qualifying Saturday, the U.S. men proved they have the big skills to back up their big hopes. Their score of 275.342 was almost three points ahead of resurgent Russia. “We’re going to do …
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China on rise as Lochte bests Phelps
Yahoo! Sports
Ye Shiwen and Sun Yang seized gold on Saturday as China issued an emphatic challenge to US Olympic swimming supremacy on a day when American icon Michael Phelps floundered. Ye, 16, delivered a breathtaking closing freestyle leg to win the …
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China’s Ye Shiwen wins women’s Swimming 400m individual medley final
Chicago Tribune
Ye finished with a world record time of 4:28.43 at the Aquatics Centre in London to claim China’s fourth gold medal of the games. The United States‘ Elizabeth Beisel won the silver with a time of 4:31.27 and China’s Li Xuanxu won the bronze with a time of …
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US pair takes silver in diving
ESPN
LONDON — Wu Minxia and He Zi of China won the first diving gold medal of the London Olympics on Sunday, putting the country on a path toward a possible sweep of the eight medals. Wu and He led throughout the five-dive round and totaled 346.20 points …
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US tops Russia, China in women’s gymnastics qualifying
New York Post
LONDON — The Americans remain atop the standings in qualifying for Olympic women’s gymnastics, with Russia and China unable to catch them. Russia, runner-up to the United States at last year’s world championships, is 1.5 points back after scoring …
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Lochte rises, China’s gymnasts fall. A lot.
Houston Chronicle (blog)
They could be the first U.S. team to bring home the gold since 1984. That’s due in large part to the Chinese team — who dominated last year — failing in spectacular fashion. It could be attributed to a last-minute substitution due to an injury. Based on the clips …
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Teenager Ye powers to gold in 400m medley
Chicago Tribune
LONDON (Reuters) – A teenager with an irregular crop of hair and an uncertain smile, China’s Ye Shiwen showed no sign of awkwardness in the pool as she powered to gold in the 400 meters individual medley on Sunday. Both Ye and her compatriot Li Xuanxu, who won the bronze … Ye trailed American world champion Elizabeth Beisel after the penultimate breaststroke leg before unleashing a devastating sprint finish over the final two freestyle laps. She covered the penultimate lap in 29.75 seconds, faster than …
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Lochte downs Phelps, China win double gold
Chicago Tribune
LONDON (Reuters) – Swimming’s new world order was unveiled in spectacular fashion on the opening day of Olympic competition on Saturday as Ryan Lochte dethroned Michael Phelps and China’s Sun Yang and Ye Shiwen provided irrefutable evidence …
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Fragile European economy dampens CEOs’ outlook
Huffington Post
Demand for cars increased in the second quarter in the U.S., China, Russia and India. Volkswagen said that should continue in the second half of the year, although at a slower pace. The German automaker warned the car market in western Europe would …
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US men’s gymnastics team is No. 1 qualifier entering final Monday
Chicago Sun-Times
While perennial powerhouses China and Japan bobbled and wobbled their way through qualifying Saturday, the U.S. team proved it has the skills to back up its hopes. The team didn’t count a single fall, and its final score of 275.342 was almost three points …
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Olympics-Shooting-Record-breaking Rhode wins skeet gold
Reuters
Another shooting medal for China. By Patrick Johnston. LONDON, July 29 (Reuters) – Shooter Kim Rhode etched her name into the annals of great American Olympians on Sunday when she easily won the women’s skeet gold medal to become the first U.S. …
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US cruises to lead in men’s gymnastics qualifying
The Associated Press
LONDON (AP) — The American men will be thrilled if they can hang onto this same spot in the gymnastics team finals, finishing Saturday’s qualifying round in first place. While defending Olympic champion China and perennial powerhouse Japan bobbled …
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US leads China and Japan in men’s gymnastics qualifying
Los Angeles Times
The U.S. men’s gymnastics team was in first place overall in team qualifying after the two of the three subdivisions contested Saturday, ahead of the favorites from Japan, the defending gold medalists from China and the hometown squad from Britain. The third …
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Sew what? Chinese garment maker puzzled at US flap
Denver Post
While Ralph Lauren and the U.S. Olympic Committee try to stem the public-relations crisis, many Chinese, like Li, are baffled by the controversy. Most garment manufacturing left U.S. shores long ago. Low-cost Chinese goods, they reason, have helped …
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16-year-old American Ariel Hsing reaches 3rd round in Olympic table tennis
Washington Post
Hsing was born in the U.S. to parents who emigrated to the country two decades ago. Her father Michael is from Taiwan and her mother Xin Jiang was born in China. Table tennis will get serious later Sunday and Monday with the top 16 men and women’s …
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Empty seats row hits Games, China in gold start
Reuters
LONDON (Reuters) – Organizers sought to quell growing public frustration on Sunday over empty seats across venues at the London Olympics, where China laid down an early marker with a world record win in the pool and a commanding early lead in the …
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Kimberly Rhode sets US record
ESPN
… making her the first American to take an individual-sport medal in five consecutive Olympics. Rhode tied the world record and set an Olympic record with 99 points. Wei Ning of China took silver with 91 points and Danka Bartekova of Slovakia got bronze by …
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For US, Rhode is No. 1 with a bullet
Fox News
Rhode, who was already considered one of the greatest shooters in U.S. history before these games even started, turned in one of the most dominating shooting performances in Olympic history on Sunday. She hit 99 of the 100 targets to win the skeet competition in nearly flawless fashion at the … Her closest competition on Sunday was China’s Wei Ning, who hit a total of 91 shots to fall way short of the standard set by Rhode. In those terms it was the most dominating performance in Olympic shooting history, with …
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Record-breaking Rhode wins skeet gold
Chicago Tribune
LONDON (Reuters) – Shooter Kim Rhode etched her name into the annals of great American Olympians on Sunday when she easily won the women’s skeet gold medal to become the first U.S. competitor to win individual medals in five consecutive Games. Rhode finished with a total of 99 hits, only missing one of the 100 clays she shot at all day, ahead of Wei Ning of China on 91 with Slovakia’s Danka Bartekova (90) taking bronze after a shootoff with Marina Belikova of Russia. “One got away but everyone misses …
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John Orozco, US men’s gymnastics team lead in qualifying at Olympics 2012
ABC7Chicago.com
Defending Olympic champion China, which has won the last five world titles, is sixth after a splat-filled day. Ukraine and France rounded out the top eight. “We studied a lot about the American team already,” said Japanese coach Yasunori Tachibana, who …
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London Olympics: Ryan Lochte tips swim cap to Chinese girl
Los Angeles Times
That was a respectful joke — Lochte’s overall time was 4:05.18; Ye’s was 4:28.43 — but her time drew the attention of American swimmers in part because her winning time was five seconds faster than her qualifying time. The silver medalist, Elizabeth Beisel of …
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Table Tennis – Everyone asks: Who can beat Chinese?
Chicago Tribune
LONDON (Reuters) – Chinese fireworks lit up the London 2012 opening ceremony and China’s young table tennis stars are expected to rise to the task of taking every gold, although rivals hope the pressure could lead to an upset. “It would be like birthday, …
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China’s Guo Wenjun wins women’s shooting 10m air pistol
Reuters
LONDON (Reuters) – China’s Guo Wenjun won the Olympic gold medal in the women’s shooting 10m air pistol at the 2012 London Games on Sunday. Guo finished with 488.1 points at the Royal Artillery Barracks in London to claim China’s fifth gold medal of …
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US lead to raise golden hopes
Chicago Tribune
LONDON (Reuters) – The United States men raised hopes of winning their first gymnastics team gold medal since 1984 when they outclassed reigning champions China and 2008 silver medalists Japan to lead the way in qualifying at the Olympics on …
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Olympic Daily News – Sunday, July 29
Fox News
London, England (Sports Network) – Guo Wenjun won her second straight Olympic title in 10-meter air pistol on Sunday, giving China the first two women’s shooting golds of the London Games. France’s … U.S. WOMEN’S EIGHT ADVANCES TO FINALS …
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American Takes Gold in Women’s Skeet, Setting Records
New York Times
Wei Ning of China finished the event in second place, hitting 91 targets, with Marina Belikova of Russia and Danka Bartekova of Slovakia both hitting 90 targets. Bartekova earned the bronze medal in a shootout. After Rhode’s final shot, the audience rose to …
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US men take lead; China slips
Boston.com
LONDON — Maybe someone slipped graphite into their chalk bowl. How else to explain how China’s world champion male gymnasts ended up a sliphanded sixth in Saturday’s qualifying round. Or maybe the Americans loaded up with super glue. “Can we …
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U.S.‘s Rhode sets Olympic record on way to skeet gold medal
CBSSports.com
… Rhode won the gold medal in women’s skeet shooting Sunday, making her the first American to take an individual-sport medal in five consecutive Olympics. Rhode tied the world record and set an Olympic record with 99 points. Wei Ning of China took silver …
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Silver lining for Beisel
New York Post
In what was a mild upset, Peter Vanderkaay of Rochester, Mich., won the bronze medal in the men’s 400 meter freestyle. His time of 3:44.69 was 4.55 behind the gold-medal pace of China’s Yang Sun. Conor Dwyer from the U.S. finished fifth. For Vanderkaay …
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American-made excuse
Santa Rosa Press Democrat
More to the point, on the made-in-China uniforms worn by Team USA. Reports that Ralph Lauren Corp. outsourced production of the uniforms to China have U.S. lawmakers in a lather. Senate Majority Leader Harry Reid said the outfits should be put in a pile …
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Bo wife murder charge vexes skeptical Chinese
Chicago Tribune
BEIJING, China (Reuters) – China’s ruling Communist Party might insist that the murder charge against Gu Kailai, the wife of ousted Politburo member Bo Xilai, is a simple case of all being equal before the law, but winning over the jury of public opinion is proving tough. Since China’s last big political … Xinhua said that the economic dispute between Gu and Heywood involved her son, Bo Guagua, who graduated from Harvard University this year and is still believed to be in the United States. It reported Gu believed …
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Any U.S. revelry is muted after lead
The Register-Guard
Japan plummeted to fifth out of eight advancing teams, while China free-fell to sixth. A young U.S. team scored 275.342 points to finish first. Russia finished second, with 272.595 points. Britain, the home team under pressure to deliver medals in this sport, was …
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China gets two swim golds, two records
Tampabay.com
But the biggest winner was China. Ye Shiwen, 16, set a world record in the women’s 400-meter individual medley, and Sun Yang won the men’s 400 freestyle in Olympic record time. Also, Natalie Coughlin got a bronze medal as part of the U.S. 400 freestyle …
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China’s Ye wins women’s 400m medley
Chicago Tribune
She trains in Florida alongside Ryan Lochte, who won the men’s 400 medley gold on Saturday as the U.S. and China slugged it out for top honors in the pool. Rice made Saturday’s final but finished out of the medals. (Editing by Greg Stutchbury). Copyright …
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Ariel Hsing reaches 3rd round at Olympics
Yahoo! Sports
“But times are changing and she’s playing well.” Hsing was born in the U.S. to parents who emigrated to the country two decades ago. Her father Michael is from Taiwan and her mother Xin Jiang was born in China. Table tennis will get serious later Sunday …
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Golden Rhode: US shooter makes history with skeet title
Fox News
By hitting 99-of-100 targets she tied another world record and easily outdistanced China’s Wei Ning, who hit eight fewer targets than Rhode to win silver. “There are really no words to describe it,” Rhode said of her achievement. “It’s totally emotional.” …
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US dilemma in South China Sea response
Boston Herald
A key plank of the administration’s engagement in the Asia-Pacific since 2010 has been its declaration of a U.S. national interest in the maintenance of peace and stability in the South China Sea, where China and five of its neighbors — most notably the …
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US men lead through qualifying
ESPN
The United States hasn’t been atop the podium since Bart Conner and the Golden Gang in 1984. It hasn’t even been in the same league as China and Japan, really. But after a surprise bronze medal in Beijing and another bronze at last year’s world …
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Olympics-China grab first gold, US swim drama looms
Reuters
Phelps qualifies last for medley final. * South Korean freestyle champion disqualified. * China takes first gold of Games in women’s shooting. By Mark Trevelyan. LONDON, July 28 (Reuters) – China fired out a signal of their Olympic intent with the first gold …
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American Ariel Hsing reaches second round
Yahoo! Sports
Hsing said she choked up when she saw her mother Xin Jiang – who was born in China and immigrated 25 years – waving the U.S. flag. She said her father Michael, who was was born in Taiwan, prepared her racket – his usual custom. “I felt so proud to be an …
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USA takes lead after two groups of men’s gymnastics
USA TODAY
But on Saturday, the first full day of the 2012 London Olympics, both powerhouses struggled and the feisty U.S. surged into the lead after two qualifying groups. Great Britain was second, followed by Japan and China with one session to go Saturday night.
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US cruises to lead in men’s gymnastics qualifying
San Jose Mercury News
LONDON—The Americans backed up their big talk about contending for the gold medal in men’s gymnastics, taking the lead in qualifying ahead of perennial powerhouses China and Japan on Saturday. The United States didn’t count a single fall on its way to …
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US lead to raise golden gymnastics hopes
Reuters
A series of errors and stumbles made China look vulnerable and, after finishing second behind fired-up hosts Britain in the morning qualifying session, they slipped to fourth once the U.S. and Japan had taken to the apparatus in the afternoon. Going into the …
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Cnooc-Nexen deal under US scrutiny
MarketWatch
WASHINGTON (MarketWatch) — Chinese energy giant Cnooc Ltd.’s $15.1 billion deal to buy Nexen Inc. is under increasing political scrutiny in the U.S. even as it faces a long regulatory review in Canada. “It is rare that we have so much leverage to exert …
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U.S. men lead after preliminary round of gymnastics; Japan, China falter
STLtoday.com (blog)
The preliminary round of gymnastics ended with the U.S. men on top of the standings, with a score of 275.342. They are followed by Great Britain with 272.420, Japan with 270.503, and China, the favorites going in, with 269.985. Americans Danell Leyva and …
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Ariel Hsing moves on in table tennis
ESPN
Hsing said she choked up when she saw her mother, Xin Jiang — who was born in China and emigrated 25 years ago — waving the U.S. flag. She said her father Michael, who was was born in Taiwan, prepared her racket as is his custom. “I felt so proud to be …
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China claims first gold, Phelps and Lochte do battle
CNN
… as well as China. “I’m very excited and happy,” she said, quoted by the official Games website. The world’s No. 1, who started shooting at age 13, said there had been “a lot of pressure” on her to perform. Meanwhile, rival American swimmers Michael Phelps …
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U.S. piles more duties on Chinese wind towers
Chicago Tribune
WASHINGTON (Reuters) – The United States slapped on Friday a second round of duties on wind turbine towers from China, ratcheting up tensions between the two countries in the renewable energy sector. The U.S. Commerce Department said it was …
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Olympics-United States‘ Dana Vollmer won women’s swimming 100m butterfly …
Reuters
The other top qualifiers were The United States‘ Dana Vollmer with 56.25, China’s Lu Ying with 57.17 and Australia’s Alicia Coutts with 57.36. Results Table Heat 6 1. Dana Vollmer (U.S.) 56.25 seconds 2. Lu Ying (China) 57.17 3. Jeanette Ottesen (Denmark) …
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Russia shocks China in beach volleyball opener
Chicago Tribune
The surprise result spiced up the first day of competition, in which the top attraction will be a clash between double gold medalists Misty May-Treanor and Kerri Walsh of the United States and Australians Natalie Cook and Tamsin Hinchley. Low-ranked …
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Chinese city kills project after pollution protest
U.S. News & World Report
By EUGENE HOSHIKO, Associated Press. QIDONG, China (AP) — Authorities in eastern China dropped plans for a waste water discharge project Saturday after thousands of protesters angry about pollution took to the streets. It was the latest of many such …
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US-China Olympic Uniform Spat Reflects America’s ‘Hidden Strength’ (La …
The Moderate Voice
Was there something missing from the frustrated rhetoric of U.S. lawmakers, who appeared so shocked that Team USA’s Olympic uniforms were made in China? La Stampa columnist Gianni Riotta writes that the ‘moral of the tale’ is that, like their China-made …
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US Sets Duties on Chinese, Vietnamese Wind Towers
Businessweek
Proposed U.S. tariffs on wind-energy towers from China and Vietnam were welcomed by a trade group that had complained competitors were dumping products in the American market. The Commerce Department concluded in preliminary findings yesterday …
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Russia, China, Turkey win in women’s hoops
OCRegister
LONDON — American-born Becky Hammon scored eight straight points down the stretch to help her adopted nation of Russia rally for a 58-53 victory over Canada on the opening day of Olympic women’s basketball. Trailing 50-40 with six minutes left, Russia …
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China-Canada oil deal raises hackles in US
Business Standard
The US government should block a bid by China’s state oil company CNOOC for Canadian oil company Nexen until China’s government provides fair access for US companies that want to invest in China, a top Democratic senator plans to tell Treasury …
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Analysis: US dilemma in South China Sea response
The Associated Press
By By MATTHEW PENNINGTON – 2 hours ago. WASHINGTON (AP) — China has heightened tensions in the South China Sea with its new, remote island city and planned military garrison in a contested area viewed as a potential flashpoint for conflict in the …
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Olympic Table Tennis: Timothy Wang, American, Loses To Kim Song Nam At …
Huffington Post
Eva Viteckova, Xiaoli Chen. Czech Republic forward Eva Viteckova, left, battles for a rebound with China forward Xiaoli Chen during a basketball game at the 2012 Summer Olympics, Saturday, July 28, 2012, in London.
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High wire act between the US and China
Sydney Morning Herald
CONFUSED about the political posturing over our new best friend China and our old ally the US? Well, no need to be, as nothing has really changed – politicians say one thing publicly and mean another privately, except in the case of the Opposition Leader, …
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US men’s gymnastics get chance to back up big talk of medals
Fox News
The United States didn’t count a single fall on its way to a score of 275.342, almost three points ahead of surprising Britain. Japan is third (270.503) after an error-filled day and defending Olympic champion China, which also has won the last five world titles, …
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US senator wants government to block Nexen deal to press China on trade
CTV News
A U.S. senator wants his government to hold up a Chinese state-owned company’s $15.1-billion takeover of Calgary-based Nexen Inc. as a means to press China on its trade policy as the U.S. securities regulator also looks into allegations of insider trading …
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Comedy of errors leave China nursing sore egos
Reuters
LONDON (Reuters) – Guo Weiyang was left with a sore head, Zhang Chenglong was rubbing his sore bottom and the once-mighty Chinese men’s team were left nursing sore egos after they endured a bumpy start to the defence of their Olympic gymnastics …
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US women overcome sloppy play, beat Croatia 81-56
San Francisco Chronicle
FILE – In this photo May 12, 2012 file photo, United States‘ Diana Taurasi competes against China in an exhibition women’s basketball game in Seattle. The U.S. begins its quest for a fifth straight Olympic gold medal against Croatia on Saturday, July 28, 2012, …
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Friend or foe, US gymnasts don’t mind who watches
Huffington Post
But assuming each American does an Amanar in team finals, where three gymnasts compete on each event and all three scores count, the U.S. could build a sizable lead over Russia, Romania and China with just one event. “We’ve been working so hard on …
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China’s Yi Siling won the women’s Shooting 10m air rifle overall
Reuters
LONDON, Jul (Reuters) – China’s Yi Siling won the Olympic gold medal in the women’s Shooting 10m air rifle at the 2012 London Games on Saturday. Yi finished with 502.9 points at The Royal Artillery Barracks in London to claim China’s first gold medal of …
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US securities regulator alleges insider trading ahead of China’s Nexen bid
Globe and Mail
The U.S. securities regulator filed a complaint in court on Friday against a firm controlled by a Chinese billionaire and other traders, accusing them of making over $13-million (U.S.) from insider trading ahead of a bid by China’s CNOOC for Canadian oil …
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Analysis: Phantom fears surround China’s Nexen deal
Reuters
CALGARY/TORONTO, Alberta (Reuters) – At first blush, CNOOC Ltd’s (0883.HK) $15.1 billion bid for Nexen Inc (NXY.TO) seemed like a sign that China is ready to go on a buying spree in Canada’s oil patch. But on a closer look that seems far from certain.
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US teen Ariel Hsing, favorite of Buffett and Gates, advances at table tennis
Washington Post
She returned this year after winning a spot on the U.S. team and played a few points with Buffett and Gates. She calls Buffett “Uncle Warren” and Gates “Uncle Bill.” Hsing will be a huge underdog in the second round against China-born Ni Xia Lian, who plays …
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Trooper Li opens new front for China in badminton
Reuters
LONDON (Reuters) – Olympic champion and soldier Lin Dan has already brought immeasurable pride to the People’s Liberation Army, but the Chinese troops may have another source of badminton inspiration in All England women’s champion Li Xuerui.
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Nexen-CNOOC takeover: US regulators allege insider trading
Toronto Star
Jeff McIntosh/THE CANADIAN PRESS Nexen-CNOOC deal – a U.S. senator is urging the U.S. to block the $15.1 billion blockbuster takeover bid unless China gives concessions. Vanessa Lu Business Reporter. Canada’s biggest-ever oil takeover deal hit a …
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US Senator warns China on trade in review of oil deal
Reuters
Schumer says China must agree to resolve complex trade issues. * Says US approval of bid for Canadian oil firm should have conditions. * Analyst says U.S. small part of deal so has little leverage. By Roberta Rampton. WASHINGTON, July 27 (Reuters) …
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China’s Yi Siling wins 10m air rifle; first gold of Games
USA TODAY
Top-ranked Yi Siling of China captures the first gold medal of the London Games. By Christopher Hanewinckel, USA TODAY Sports. Top-ranked Yi Siling of China captures the first gold medal of the London Games with a victory in the women’s 10-meter air rifle competition at Royal … Sponsored Links. Yi Siling of China, who earned a shooting quota spot when she won the world women’s 10-meter air rifle championship in Munich two years ago, capped her domination of the discipline since then with the Olympic title.
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EYES ON LONDON: Nervous American, China wins first gold, Phelps has it all to …
Washington Post
MY LEGS WERE SHAKING. American Timothy Wang is already out of his first Olympics. He lost his first table tennis match in four straight games on Saturday to North Korean Kim Song Nam. The experience lasted just a few minutes, beaten 11-5, 11-4, 11-7, …
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US Said to Set Duties as High as 73% on Chinese Towers
Businessweek
The U.S. Commerce Department set tariffs of as much as 73 percent on imports of wind towers from China and as much as 60 percent on similar products made in Vietnam, people familiar with the decision said. The agency today made preliminary findings in …
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US Senator warns China on trade in review of oil deal
Reuters UK
Schumer, who has made criticism of China’s economic policies a hallmark of his career, laid out a powerful political warning that many U.S. lawmakers expect China to open its doors to reciprocal investments, even as he made it clear that he does not object to …
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China refutes US official’s criticism of human rights situation
People’s Daily Online
BEIJING, July 27 (Xinhua) — China on Friday refuted criticism on its human rights situation from a U.S. State Department official, urging the country to focus more on its own human rights improvement. “No country owns a perfect human rights situation.
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Senator wants US support withheld
StarPhoenix
“For far too long, the road toward a normalized trade and investment relationship between the U.S. and China has been a one-way street – it’s time that we demand equal treatment from China.” The friendly deal between Nexen and China National Offshore Oil …
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US voices concern as Chinese activist loses appeal
China Post
WASHINGTON — The United States said Friday it was “deeply concerned” after a Chinese court threw out an appeal by disabled activist Ni Yulan and only reduced her prison term by two months. The court cut Ni’s sentence to 30 months after overturning a …
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US, China Trade Accusations on Human Rights
Voice of America
For its part, the Chinese delegation released a statement calling on the U.S. to “take an unbiased look” at its human rights conditions. It also pointed to Beijing’s recent efforts to improve people’s livelihoods by various legal reforms and social security programs …
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China Buys Canadian Energy: Lessons for the US
Heritage.org
If completed, this would be the single largest acquisition that Chinese companies have made in the outward investment splurge that started in 2005. It raises a series of issues for American policymakers to consider. The most basic point is that the two sides …
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China labels US helicopter allegations “fictitious”
Reuters
BEIJING, July 26 (Reuters) – China’s defence ministry on Thursday labelled as “fictitious” a case in which United Technologies Co. admitted selling software in contravention of U.S. export rules that helped Beijing develop its first modern military attack …
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Chinese maker of US Olympic uniforms says pay attention to the performance …
Fox News
The Chinese maker of the Ralph Lauren U.S. Olympic uniforms that created a stir earlier this month has a message to officials irritated by the clothing company’s move: “Pay attention to the performances of the U.S. athletes and not their clothes.” The Los …
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China to test superpower claims on foreign soil
Chicago Tribune
LONDON (Reuters) – China’s table-topping gold medal haul at the Beijing Olympics cemented its claim as a sporting superpower but the red-clad army of 396 athletes march into London with little swagger as they renew their battle for supremacy with the …
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Chinese politician Bo’s wife charged with murder
U.S. News & World Report
By CHARLES HUTZLER and GILLIAN WONG, Associated Press. BEIJING (AP) — Prosecutors have charged the wife of ousted Chinese politician Bo Xilai and a family aide with the murder of a British businessman, the government said Thursday, pushing …
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Positive signs for US-China military ties, top US commander in Asia-Pacific …
Fox News
Adm. Samuel J. Locklear III said China and the People’s Liberation Army have been accepting of his visits since he took the helm at the U.S. Pacific Command in March. The U.S. has also been accepting of Chinese visits, and the dialogue between the two …
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Admiral: Positive signs for US-China military ties
Fox News
CAMP H.M. SMITH, Hawaii – The top U.S. commander in the Asia-Pacific region said Wednesday he’s seeing positive signs as he tries to develop relations between the U.S. and Chinese militaries. Adm. Samuel J. Locklear III said China and the People’s …
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China denies it used stolen US technology to develop its 1st modern military …
Washington Post
BEIJING — Allegations that China used stolen U.S. technology to develop a modern military attack helicopter were “severe deviations” from the facts, the Chinese Defense Ministry said Thursday. A division of United Technologies Corp. pleaded guilty in …
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US: Chinese Political Reforms Have Lagged Behind Economic Advances
Voice of America (blog)
The head of the U.S. delegation, Assistant Secretary of State for Human Rights Michael Posner, told reporters Wednesday that the overall human rights situation in China continues to deteriorate. “We recognize China’s extraordinary record of economic …
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China’s solar companies warn of trade war with EU
Reuters
“If the EU were to follow the precedent of the U.S. and launch an anti-dumping investigation on Chinese solar products, the Chinese solar industry would suffer a fatal blow,” Yingli Solar’s (YGE.N) chief strategy officer, Wang Yiyu, said. “The investigation would …
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China indicts Bo’s wife for murder
Reuters
Mexico urges U.S. to review gun laws after Colorado shooting · 158 · Fourteen killed in Denver movie theater shooting · 105 · Penn State hit with $60 million fine, … BEIJING (Reuters) – China will try Gu Kailai, the wife of ousted Politburo member Bo Xilai, on charges of murdering a British man, state media said on Thursday in the latest turn in a scandal that has rocked the government in Beijing and could bring Gu the death penalty. The contentious dismissal of Bo has already shaken the Communist Party’s looming …
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US says human rights deteriorating in China
The Associated Press
By By MATTHEW PENNINGTON – 1 minute ago. WASHINGTON (AP) — The United States said Wednesday the human rights situation in China is deteriorating and it is time for its authoritarian government to allow dissent. Assistant Secretary of State Michael …
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US Raises Concern Over China Human Rights Situation
RTT News
The U.S. urged the Chinese government to release such lawyers as well as imprisoned democracy activists like Liu Xiaobo, Chen Wei and Chen Xi, who have actively pursued political openness and the promotion of fundamental freedoms for Chinese …
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US congressman says no legal power to stop China-Canada oil deal
Reuters
“More than a foot in the door, this is a body in the door for the Chinese in the North American energy market, and it’s one that came about because of U.S. procrastination and a lack of diligence,” he said. Forbes blames the deal on President Barack Obama …
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US presses China on “deteriorating” rights conditions
Reuters
WASHINGTON (Reuters) – The United States is pressing China to address its “deteriorating” rights record, citing cases including the nephew of blind dissident Chen Guangcheng who activists say has been targeted following his famous uncle’s departure for …
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U.S. Finds China’s Human Rights Situation Is Deteriorating
Bloomberg
China briefed the U.S. on the nation’s efforts to improve legislation and judicial justice, including changes to the Criminal Procedure Law, and on the development of grassroots elections, the official Xinhua News Agency said. China called for the U.S. to …
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US Summer Olympic gold medal haul: $600k
Wall Street Journal
100, although China came away with more of the coveted yellow metal at 51 vs. 36. The U.S., too, leads in total medals won in all of the 27 summer Games that have been held since 1896, according to data from Sports Reference. Overall, the U.S. has won …
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US drought: China feels the heat
Alaska Dispatch
HONG KONG, China — As the world’s largest importer of American agricultural products, China stands to get walloped by the drought that is ravaging US croplands. With the worst dry spell in 50 years threatening to kill corn and soybean crops across a wide …
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Made in China: Olympic Pin Shaped Like Mitt Romney’s Face
ABC News (blog)
After controversy arose over Ralph Lauren’s 2012 U.S. Olympic uniforms’ Chinese origins, Mitt Romney told ABC’s Jonathan Karl that the issue is “extraneous” to the focus of the games. “The Olympic games are about the athletes and we’re going to watch the …
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Starwood Hotels 2Q net income falls, revenue up
msnbc.com
“Some would argue that makes us vulnerable to a downturn in China. That might be true but this is the more important point: China has a long way to grow,” he said. “Look at it this way: China’s economy is over one-third the size of the U.S. but there are less …
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China solar firms say EU complaint signals trade war
Chicago Tribune
BEIJING (Reuters) – China’s solar firms warned of a trade war on Thursday, calling on the Chinese government to respond with all means to an anti-dumping complaint filed by European competitors that they said could be a fatal blow. Ratcheting up the stakes …
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Chinese Want US to Stop Playing Defense While They Improve Their Offense
Heritage.org (blog)
Last week, Chinese General Zhu Chenghu stated that China “will have to modernize its nuclear arsenal” as U.S. missile defense “may reduce the credibility of [China's] nuclear deterrence.” Even if the statements reflected reality, it should encourage the U.S. to …
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Growing China clout sparks concern in Taiwan media
U.S. News & World Report
By ANNIE HUANG, Associated Press. TAIPEI, Taiwan (AP) — Taiwan regulators have put strict conditions on a bid by a China-friendly media group to purchase the island’s second largest cable TV system as concerns grow that China’s commercial clout is …
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BASF profit falls, says China growth slowing
msnbc.com
In particular, it said that growth was easing in China, which has powered the global economy recently while Europe has struggled and the U.S. experiences an uncertain recovery. The company said that “the Chinese growth engine has started to stall” and that …
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US: Chinese Political Reforms Lag Behind Economic Advances
Voice of America (blog)
Posner said that during the meetings Monday and Tuesday, the U.S. urged China to release pro-democracy activists and lawyers who have been imprisoned because their clients have been critical of official actions. The U.S. official said his Chinese …
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US Defends Value of Human Rights Dialogue
China Digital Times
Mr. Posner was reporting on the latest session of an annual human rights dialogue with China, which took place this week in Washington and included representatives from American and Chinese government agencies. During the meetings, he said, the State …
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Chinese Face Major Health Risks On The American Fast Food Diet
Forbes
This morning I read that China is experiencing soaring numbers of its citizens suffering from obesity and chronic illness because the urban, higher wage earning, commuting population has jumped on the American fast food band wagon in staggering numbers …
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Demand in North American, emerging markets boosts earnings
Washington Post
The Wolfsburg-based manufacturer said Thursday that that worldwide demand for cars increased in the second quarter in the US, China, Russia and India, and would rise again in the second half of the year — but at a slower pace. Volkswagen warned the car …
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US: China human rights ‘deteriorating’
BBC News
The US has called on China to address its ”deteriorating” human rights situation following an annual dialogue. Cases involving activists, lawyers and bloggers were raised at the talks, Assistant Secretary of State Michael Posner told reporters at a briefing.
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China solar makers decry trade spat, urge dialogue
U.S. News & World Report
By ELAINE KURTENBACH, Associated Press. SHANGHAI (AP) — Chinese solar panel makers are urging Beijing to seek talks with the European Union over a dispute they say threatens to escalate into a trade war. Four big solar panel manufacturers issued …
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Yuan Strengthens on U.S. Stimulus Speculation, Stronger Fixing
Bloomberg
The Chinese currency rebounded from the weakest level since September 2011 after new home sales in the U.S. fell 8.4 percent in June from a two-year high. The Federal Open Market Committee meets next week. Stimulus measures in China are sufficient to …
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China’s hawks gaining sway in South China sea dispute
Reuters
Most Chinese and foreign security policy analysts believe China wants to avoid military conflict across sea lanes that carry an annual $5 trillion in ship-borne trade, particularly if it raises the prospect of U.S. intervention. However, they say Beijing is …
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China, US to continue human rights dialogue
China Daily
WASHINGTON – Both China and the United States are willing to continue their talks about human rights on the basis of equality and mutual respect, the Chinese delegation to the latest round of China-US human rights dialogue said in Washington on …
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Solarworld-Led Group Files China Anti-Dumping Case in Europe
Businessweek
The EU ProSun group filed the anti-dumping complaint in Brussels after a similar request in the U.S. resulted in duties on solar imports from China. The group has 25 members including companies from Italy, Spain and Germany’s Sovello GmbH, EU ProSun …
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Efforts Fail to Advance Human Rights With China—Again
The Weekly Standard (blog)
Low expectations for the 17th round of the U.S.-China Human Rights Dialogue, conducted on July 23 and 24 in Washington, were borne out by Assistant Secretary Michael Posner’s briefing yesterday. Posner’s main points were that the dialogue is not a …
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Mead Johnson slips on weaker 2Q China growth
msnbc.com
While revenue in North America and Europe declined 1 percent to $317.1 million, Mead Johnson said its U.S. business improved significantly compared to the first quarter of 2012. Mead Johnson is still forecasting $3.04 to $3.14 per share in adjusted net …
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Beijing adopts aggressive stance as hawks gain sway in South China Sea dispute
msnbc.com
Eager to avoid military conflict? Most Chinese and foreign security policy analysts believe China wants to avoid military conflict across sea lanes that carry an annual $5 trillion in ship-borne trade, particularly if it raises the prospect of U.S. intervention.
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China’s bellicosity opens doors for US
Sydney Morning Herald
China’s aggression has solved this problem. It has so scared regional nations, they have been lining up to ask the US to re-engage. The Philippines has asked America to re-open Clark Air Base and Subic Bay, bases the Filipinos ordered closed more than 20 …
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US presses China on ‘deteriorating’ rights conditions
Chicago Tribune
China questions U.S. discrimination, prison conditions. By Andrew Quinn WASHINGTON, July 25 (Reuters) – The United States is pressing China to address its “deteriorating” rights record, citing cases including the nephew of blind dissident Chen …
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US presses Beijing on “deteriorating” human rights conditions in China
GlobalPost
During talks with the Chinese, led by a director general from the Ministry of Foreign Affairs, Chen Xu, the US also raised concerns over China’s crackdown on the Uighurs and the self-immolations by about 40 Tibetans. And the US delegation raised concerns …
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Should Olympic uniforms be made in the US?
CBS News
China was the dominant supplier, accounting for about 34 percent of clothes sold in the U.S.. While few Americans are cutting or sewing clothes, Ikenson noted that the apparel industry still employs plenty of Americans. From designing, branding, logistics and …
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Outside View: China in the U.S. presidential campaign
UPI.com
President Barack Obama delivers a statement on the need for Congress to act to extend tax cuts for the middle class in the East Room at the White House on July 9, 2012 in Washington, D.C. Obama was joined on stage by people who would benefit from the …
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Soldier said he endured slurs from sergeant charged in death
Reuters
FORT BRAGG, North Carolina (Reuters) – A black soldier testified at a court-martial on Wednesday that he endured racial slurs from the same U.S. Army sergeant whose hazing, according to military officials, led a Chinese-American soldier to commit suicide.
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Caterpillar 2Q profit grows 67 pct, lifts outlook
msnbc.com
Many countries in Europe are in recession or teetering near it, a pending budget crisis could send the U.S. back into recession and China’s growth is slackening. A worldwide slowdown would make it harder for Caterpillar to meet its 2012 goals. Still, the …
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US says China human rights deteriorating, urges Beijing to allow dissent
Washington Post
WASHINGTON — The United States says the human rights situation in China is deteriorating and it is time for its authoritarian government to allow dissent. U.S. Assistant Secretary of State Michael Posner was speaking after an annual U.S.-China human …
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Chinese VP Says Consensus Reached in US Meetings
ABC News
China and Russia last week vetoed a U.N. Security Council resolution backed by the U.S. and other Western nations that would have imposed new sanctions on Syria’s government as the rebellion there has grown into a civil war. Washington has also been …
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China-Canada oil deal shows more US drilling needed: senator
Reuters
WASHINGTON (Reuters) – Republican senators will unveil new energy legislation on Thursday that will help battle a new move by China to tap North American energy resources, Senator John Hoeven said. China’s state-owned oil company CNOOC Ltd.
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After China panned more gold in 2008, US aims to increase payload
Kansas City Star
But host China usurped the United States in the gold medal tally. At the London Games, which open Friday, the United States hopes to reassert its dominance, even as athletes from Great Britain make the home team push for a spike in their medal count.
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PepsiCo’s profit hit by China deal, strong dollar
msnbc.com
PepsiCo has made it a priority this year to strengthen its flagging U.S. soda business, which has lost market share to The Coca-Cola Co. in recent years. Even though PepsiCo is increasingly moving beyond sodas, Pepsi bears the corporate name and …
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Chinese VP says consensus reached on many issues in meetings with US …
Washington Post
BEIJING — Chinese Vice President Xi Jinping said a consensus was reached on many points in bilateral talks with President Barack Obama’s national security adviser, who concluded a visit to Beijing on Wednesday. Xi, who will succeed President Hu Jintao …
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PepsiCo’s profit falls 21 percent in 2Q
U.S. News & World Report
The company, whose brands include Frito-Lay, Gatorade and Tropicana, said Wednesday that it booked charges in the quarter related to the refranchising of its beverage business in China to Tingyi Holding Corp. The move is considered … Follow U.S. News …
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Caterpillar 2nd Quarter Net Rises 67%; Raises Year EPS View
Wall Street Journal
He said low interest rates, an improving U.S. housing market and the commitment by central banks to add more liquidity to flagging economies should help the U.S. avoid recession in 2012. He added that interest-rate cuts in Brazil and China and the passage …
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Morici: China’s Role in the Presidential Election
CNBC.com (blog)
Consumers are spending again, but too many dollars go abroad to purchase foreign oil and Chinese goods without returning to purchase U.S. exports—thanks in significant measure to Congressional Democrats and President Obama blocking development …
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Medals, not uniforms, are what matters
Chicago Tribune
Ralph Lauren designed the blue blazers, white pants and cute berets our athletes will be wearing when the 2012 games open next week, but those preppy, all-American outfits were manufactured in China. This has ticked off some people. And though I think …
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US security adviser meets Chinese defense official
Atlanta Journal Constitution
U.S. National Security Advisor Tom Donilon, left, introduces his entourage while Chinese President Hu Jintao, right, prepares to shake hands during their meeting at the Great Hall of the People in Beijing, Tuesday, July 24, 2012. (AP Photo/Alexander F. Yuan, …
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Insight: China’s CNOOC scoped Nexen, partnered, then pounced
Reuters
The agreement is a triumph for China’s third-largest oil company, which had to abandon its $18.5 billion bid for California-based Unocal in 2005 because of bitter opposition on sovereignty grounds from U.S. lawmakers, and shows how far the Chinese have …
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IMF softens language on China yuan value as issue recedes
Reuters
BEIJING (Reuters) – The International Monetary Fund said the Chinese yuan was only “moderately undervalued” against a basket of currencies in an annual assessment released on Wednesday, suggesting a lessening of international pressure on Beijing …
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China economy set for soft landing, needs more reform: IMF
Chicago Tribune
BEIJING (Reuters) – China’s economy is set for a soft landing even as global headwinds increase, the International Monetary Fund said in a report on Wednesday that urged further reform and currency appreciation to rebalance growth and reduce risks.
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US says human rights deteriorating in China
NewsWest9.com
The United States says the human rights situation in China is deteriorating and it is time for its authoritarian government to allow dissent. The United States says the human rights situation in China is deteriorating and it is time for its authoritarian government to …
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A New IMF Report Says Chinese Currency Reform Is Working
Business Insider
What’s more, the People’s Bank of China’s decision to widened the renminbi’s trading band against the U.S. dollar to 1 percent back in April has allowed market forces to have a bigger influence on the exchange rate. This wider band allows daily fluctuations …
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Oil Near $89 Ahead of US Inventory Figures
ABC News
Europe is mired in its deepening debt crisis, China’s breakneck growth has waned and the U.S. recovery has stumbled. Data Tuesday from China suggested that stimulus measures are starting to help manufacturers but the global economy is not out of the …
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IMF says China’s economy reached ‘soft landing’
U.S. News & World Report
By ELAINE KURTENBACH, Associated Press. SHANGHAI (AP) — China has achieved a “soft landing” in its economic slowdown, the IMF says while cautioning that more sweeping reforms are needed to ensure healthy growth in the longer term. In a report …
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China says to tighten regulation of rare earths despite WTO probe
Reuters
The WTO confirmed on Monday that it would establish a panel to look into complaints made by Europe, Japan and the United States over China’s curbs on exports of rare earths, a group of 17 elements used in advanced technologies for the defense, …
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Daimler defies slowdown worries to keep earnings target
Reuters
“The risks will more likely increase in the second half rather than decrease,” Chief Executive Dieter Zetsche told reporters, citing concerns raised by his morning newspaper over China and the United States, as well as Europe. “Every day we discuss …
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China seeks N. American energy reserves, know-how
Wilkes Barre Times-Leader
FILE – In this Aug. 24, 2011 file photo, China National Offshore Oil Company Ltd. Chairman Wang Yilin attends a company announcement in Hong Kong. Oil and gas producer Nexen Inc. has agreed to be acquired by China National Offshore Oil Company for …
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Oil drops as US stockpiles swell, Europe woes persist
Reuters
An improvement in China’s manufacturing sector in July propped up prices in early trading, but reports that the economy of the world’s second biggest oil consumer was still weakening kept investors cautious. The International Monetary Fund said China’s …
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Oil falls on US stockpile gain, China concern
Providence Business News
Oil falls on U.S. stockpile gain, China concern. OIL TRADED NEAR its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the world’s biggest consumer of the commodity. BLOOMBERG FILE …
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OIL FUTURES: Crude Little Changed Ahead of US Oil Data
Fox Business
An indication of near-term fundamentals in the world’s biggest oil consumer will come as the concerns about weakness in demand from ailing economies in Europe and China have kept prices in check. The International Monetary Fund said China’s economy …
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Will the US defend Philippines if China attacks?
ABS CBN News
MANILA, Philippines – The US military might not come to the Philippines’ aid if Chinese forces attack Filipino ships and claimed territory in the disputed Spratly Islands and Scarborough Shoal, international affairs experts have warned. While the 1951 Mutual …
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Army sergeant stands trial in death of Asian-American soldier
Reuters
FORT BRAGG, North Carolina (Reuters) – Military prosecutors on Tuesday said a U.S. Army sergeant’s physical abuse and racial harassment led a young Chinese-American soldier to commit suicide weeks after he was deployed to Afghanistan. But a defense …
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News Summary: PepsiCo’s profit hit by China deal
msnbc.com
THE BIG PICTURE: The Purchase, N.Y.-based company said its organic revenue, which strips out the impact of foreign exchange rates and the refranchising of its Mexico and China businesses, rose 5 percent in the quarter. … Data: Latest rates in the US …
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US, China are all talk on human rights
GlobalPost (blog)
Chinese diplomats are in Washington, DC for human rights talks with the US this week, an annual meeting some say is toothless and allows China forgo mention of human rights during other diplomatic negotiations. Rights groups are calling for the US to …
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China seeks North American energy reserves, know-how
NewsOK.com
China seeks North American energy reserves, know-how. Weaker oil prices and a resolve to capture technologies China needs to unlock its own sizable but hard to extract reserves are powerful incentives for its energy companies to snap up foreign …
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China to Flood Steel Market Hurting ArcelorMittal: Commodities
Businessweek
“Increased Chinese exports take sales directly away from American producers,” Alan Price of Wiley Rein LLP, which acts as the trade attorney for Nucor Corp. (NUE) (NUE), the largest U.S. steelmaker by market value, said in an e-mail response to questions.
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US DOE Weekly Petroleum Status Report for July 20 (Text)
Businessweek
U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending July 20, 258 thousand barrels per day above the previous week’s average. Refineries operated at 93.0 percent of their … Making Safe School Buses for China’s Kids …
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Demand products made in USA
Syracuse.com (blog)
It is appalling that our U.S. Olympic Committee bought ”Made in China” uniforms. But for all of those who are complaining, I would like them to check their own closets to see how many of their items of clothing are made in the United States. Our national …
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How China and US is Like Jerry Sandusky and PSU
Top Secret Writers
The discussion revolving around the Jerry Sandusky case is not meant to be an indictment on Penn State University, PSU football players, students, professors nor alumni. While referencing Sandusky’s case, I am only calling attention to those parties who …
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U.S. DOE Weekly Petroleum Status Report for July 20 (Text)
Bloomberg
U.S. crude oil imports averaged 9.6 million barrels per day last week, up by 696 thousand barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged 9.0 million barrels per day, 516 thousand barrels per day below the …
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Opening statements begin in Pvt. Danny Chen hazing court-martial
Stars and Stripes
Was it solely Chen himself, by a self-inflicted gunshot wound at his isolated desert base in Afghanistan? Or did his fellow soldiers hound Chen to his death at age 19 — kicking the Chinese American soldier, hitting him with rocks and shaming him with racial …
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US senator blasts China’s ‘unnecessary provocation’
Manila Standard Today
BEIJING’S decision to form a military garrison in the newly-established city of Sansha was “unnecessarily provocative,” United States Senator John McCain of Arizona said on Wednesday. “The decision by China’s Central Military Commission to deploy troops …
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China’s favorite Sun relishing his chance: coach
Reuters
Sun-led China, however, is on the rise with the help of foreign coaches, which have included American Mike Bottom, who trained 200 butterfly specialist Wu Peng to a bronze in the world championships. “To a little degree you could say (the criticism’s) fair,” …
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U.S. manufacturing growth 2nd-worst post recession
MarketWatch
Earlier, Markit reported that euro-zone manufacturing PMI dropped to 44.1 in July from 45.1 in June, which marks the worst level in more than three years, and that the HSBC Chinese manufacturing PMI edged up to 49.5 from 48.2 in June. Paul Dales, senior …
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AAPL Conf Call: No Sign of Economic Issues in US, China
Barron’s (blog)
By Tiernan Ray. Following fiscal Q3 results that missed consensus estimates and a Q4 view that also fell short of expectations, Apple (AAPL) held a conference call with analysts. The shares declined $31.64, or 5.3%, to $569.28 in late trading by the end of the …
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Oil Tumbles as Supplies Gain, US Output Surges
Bloomberg
Oil declined after an Energy Department report showed U.S. stockpiles unexpectedly climbed as production surged to the highest level in 13 years. Futures fell as much as 1.8 percent after the department said supplies rose 2.72 million barrels to 380.1 million …
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Europe, US economies struggle as China stabilizes
Reuters
NEW YORK/LONDON (Reuters) – The struggles of the U.S. and euro zone economies continued in July, business surveys showed on Tuesday, though improved Chinese factory output suggested stimulus measures may be starting to boost the world’s …
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US, China begin annual human rights dialogue
USA TODAY
Comments. WASHINGTON (AP) – The U.S. and China began their annual human rights dialogue Monday that gives Washington a chance to broach thorny issues but also demonstrates its limited leverage with Beijing. Chinese activist Chen Guangcheng and …
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GLOBAL ECONOMY-Europe, US economies struggle as China stabilizes
Reuters
Chinese slowdown likely bottomed. * Euro zone set for more pain. * U.S. manufacturing growth slowest in 19 months. By Steven C. Johnson and Jonathan Cable. NEW YORK/LONDON, July 24 (Reuters) – The struggles of the U.S. and euro zone economies …
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China seeks N. American energy reserves, know-how
The Seattle Times
Back in 2005, protests that the sale of Unocal might jeopardize U.S. national security prompted CNOOC Ltd. to withdraw its $18.5 billion bid. “The main problem for Chinese companies buying American companies is always not the price, but the politics,” said …
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US national security adviser meets Hu in China
Huffington Post
BEIJING — President Barack Obama’s national security adviser, Thomas Donilon, has met Chinese President Hu Jintao to discuss security in the Middle East and Asia. No details of their meeting Tuesday were immediately released, but the two were also …
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Danny Chen Hazing Case: First Of Trials To Begin
Huffington Post
FAYETTEVILLE, N.C. — The first of eight court-martial trials was set to begin Tuesday for U.S. soldiers accused of hazing a Chinese-American recruit over his ethnicity until he killed himself in Afghanistan. Sgt. Adam Holcomb of Youngstown, Ohio, will be the …
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Oil seesaws as euro zone worries counter China data
Reuters
NEW YORK (Reuters) – Oil was near unchanged in choppy trading on Tuesday, wavering as weak euro-zone data provided pressure while signs of an improving manufacturing sector in China offered support to crude futures. The euro zone’s private sector …
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As China costs rise, technology lures US factories home
Reuters
After decades roaming the world in search of lower costs, U.S. manufacturers are finding that factories at home can compete with China, India, Mexico and other low-cost countries. To be sure, labor-intensive industries like clothing and electronics, which are …
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Top US Security Envoy Holds Talks in Beijing
Voice of America
Jin Canrong, associate dean of the school of International Relations at Renmin University, says that although the U.S.-China relations are generally stable, the two countries have to work out conflicting opinions on a range of matters. “The two sides do not trust …
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Dominic Genetti: Olympic uniforms made in China will be sad for USA
Sturgis Journal
In case you haven’t heard, the United States athletes will be wearing specially made suits by Ralph Lauren. Sounds nice for a company like Ralph Lauren to step up and do that, doesn’t it? Well here’s the catch: The uniforms were made in China, and along …
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Rights Groups Call for US to Pressure China on Rights Abuses
Voice of America (blog)
Rights groups are calling for Washington to pressure China over its crackdown on dissent as U.S. and Chinese officials wrap up their two-day human rights dialogue Tuesday. The annual closed-door talks are being held in Washington, led by U.S. Assistant …
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China Ousts U.S. in Canada Oil Market With Bid for Nexen: Energy
San Francisco Chronicle
July 24 (Bloomberg) — Cnooc Ltd.’s $15.1 billion cash takeover bid for Nexen Inc. signals a Canadian shift toward China and away from the U.S. as the nation’s traditional oil and natural-gas partner and main export market. Canada’s oil sands reserves, the …
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US Stock Futures Track Europe Markets Lower
Wall Street Journal
U.S. stock futures pushed lower on Tuesday, tracking losses for European markets as sovereign-debt worries continued to weigh heavy, with an upbeat reading on China manufacturing activity only somewhat stemming the gloomy tide. Futures on the Dow …
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US national security adviser meets China’s president to discuss Mideast, Asian …
Washington Post
Donilon’s visit comes as Syria plunges deeper into violence with rebels pressing their fight to topple President Bashar Assad. China joined Russia last week in vetoing a resolution backed by the U.S. and other Western nations that would have imposed new …
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RPT-FEATURE-As China costs rise, technology lures US factories home
Reuters
SCHENECTADY, N.Y./NEW YORK, July 24 (Reuters) – Seesmart Inc , a small California lighting company, used to make all of its LED products in China, but last year that started to change. Frustrated by expensive and slow shipping and wanting more control …
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China dubs tiny island new city in sea claim bid
U.S. News & World Report
By ALEXA OLESEN, Associated Press. BEIJING (AP) — China’s newest city is a remote island in the South China Sea barely large enough to host a single airstrip. It has a post office, bank, supermarket and a hospital, but little else. Fresh water comes by …
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1st of 8 courts-martial to start in Army hazing of Chinese-American soldier who …
Greenfield Daily Reporter
FILE – This undated file photo provided by the U.S. Army shows Pvt. Danny Chen,19, who was killed Monday, Oct. 3, 2011 in Kandahar, Afghanistan. The first of eight court-martial trials was set to begin Tuesday for U.S. soldiers accused of hazing Chen, …
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Canada Shifts Toward China With $15 Billion Nexen Deal
Businessweek
Chinese oil producers have turned more frequently to Canada after political opposition in the U.S. derailed Cnooc’s $18.5 billion bid for Unocal Corp. in 2005, and after TransCanada Corp. (TRP)’s Keystone XL pipeline route south to Texas was blocked by …
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US-China Human Rights Talks Begin in Washington
China Digital Times
“We consider that this is an integral part of all of the work we do to try to build a strong partnership and cooperation across the board with China,” State Department spokeswoman Victoria Nuland told reporters. “We are always, whether it’s at the presidential …
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China seeks N. American energy reserves, know-how
The Associated Press
By ELAINE KURTENBACH, AP Business Writer – 1 minute ago. SHANGHAI (AP) — Offshore Chinese energy giant CNOOC’s $15 billion offer for Canadian oil and gas producer Nexen Inc. is strategically calibrated to win regulatory approval — unlike its failed …
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China stabilizes, euro zone struggles on
Chicago Tribune
LONDON/BEIJING (Reuters) – The troubled euro zone’s private sector looks set for many months of more pain, July business surveys showed on Tuesday, contrasting with Chinese manufacturers reporting a pick-up in output and signs of stabilization in new …
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Chinese Oil Companies’ Deal Appetite to Grow
Wall Street Journal
While their strategic direction is guided by Beijing, Chinese oil-company executives also face pressure to increase profits and reserves for investors as well as a Chinese public that sees the companies as national assets. The U.S.-traded shares of Cnooc and …
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Analysis: Nexen deal should get approved by Ottawa
Chicago Tribune
Canadian Prime Minister Stephen Harper went to Beijing in February this year, partly in a bid to sell Canadian oil to China, and he stressed the need to diversify markets and reduce reliance on the United States. Without foreign money, development of the oil …
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Oil rises as China data gives recovery sign
U.S. News & World Report
By CHRIS KAHN, Associated Press. NEW YORK (AP) — The price of oil is up slightly on signs that China’s manufacturing is getting stronger. A survey of manufacturers on Tuesday suggested that factory activity in China rebounded to its highest level in nine …
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Markit Index of Manufacturing in US Fell to 51.8 in July
Businessweek
Estimates ranged from 51 to 53. The European debt crisis and slower growth in China and Brazil threaten to limit demand for U.S. exports. At the same time, American consumers are slowing their spending and businesses are tempering equipment purchases …
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Goff: China-US Relations – Implications for New Zealand
Scoop.co.nz (press release)
There are Chinese strategists on the other hand, who see the US as a damaged super power determined to block the restoration of China to its rightful international position. They see the US as seeking through treaty arrangements and military deployments to …
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1st Court-Martial Begins in Hazing Death of Chinese-American Army Private …
Democracy Now
The first of eight U.S. soldiers charged in the death of Army Private Danny Chen is set to face a court-martial today at North Carolina’s Fort Bragg. A 19-year-old Chinese American, Chen allegedly took his own life just weeks after he was deployed to …
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Getting North American oil into global markets
Futures Magazine
Others suggest that China’s influence in Canada could actually start to remove the North American oil glut and help bring about an accelerated construction of a pipeline running to the Pacific coast from oil-sand reserves in Alberta in the long-term. Dow Jones …
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Copper up on China PMI data; euro zone crisis to cap gains
Reuters
SHANGHAI (Reuters) – London copper rebounded on Tuesday after data showed July manufacturing output in top metals consumer China grew at its fastest pace in nine months, temporarily easing worries that Spain’s debt problems may undermine global demand for metals. The HSBC Flash China manufacturing purchasing managers … “The next important data to scour for trading cues are the various PMI data out of Europe and the U.S. retail numbers tonight. Should they turn out worse than expected, today’s rally …
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NYPD Officer Talks Suicidal Man From His Hometown Down From Bridge
ABC News
A minor miracle on the upper deck of New York City’s Verrazano-Narrows Bridge may have helped save the life of a suicidal Chinese-American man. Soon after police responded Monday afternoon to a report of a man who had parked his car on the bridge …
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US, China begin annual human rights dialogue
Fox News
WASHINGTON – The U.S. and China began their annual human rights dialogue Monday that gives Washington a chance to broach thorny issues but also demonstrates its limited leverage with Beijing. Human rights groups urged the U.S. to press China over …
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China Education International, Inc. Announces a Wide Range of American …
MarketWatch (press release)
DELRAY BEACH, Fla., July 24, 2012 /PRNewswire via COMTEX/ — China Education International, Inc. (OBB:CEII) (the “Company”), which manages the operation of private schools and educational activities in China, today announced it will offer a wide range …
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China Manufacturing May Contract at Slower Pace, HSBC Index Says
Bloomberg
At the same time, Volkswagen AG (VOW), Europe’s largest carmaker, reported accelerating first-half sales growth as Chinese and U.S. demand helped its premium Audi division and namesake VW brand. “Conditions are deteriorating in the global economy …
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Why Are The US Olympic Uniforms Being Made In China?
Forbes
If, as William James wrote in 1906, that the Olympics are “the moral equivalent of war”, then is the decision to make the US Olympic uniforms in China the moral equivalent of treason? Not surprisingly, the discovery—in an election year—of the place of …
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China’s Oil Hunger Hits $15 Billion in Canada Amid US Diet Deals
Minyanville.com
Even though Monday’s landmark bid for Nexen will face Canadian regulatory review, Chinese energy acquisitions may remain a more relevant prospect in Canada, with joint ventures remaining the preferred way to gain access to US-based asset sellers like …
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Nexen Given Top Return on Bet Canada Clears Bid: Real M&A
Bloomberg
Nexen Inc. (NXY), the target of the largest overseas bid from a Chinese company, is offering traders the chance to make the most money on any North American deal by betting the $15.1 billion takeover will get Canadian approval. Cnooc Ltd. (883), China‘s …
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US Stocks Open Lower Ahead of Manufacturing Data
Wall Street Journal
NEW YORK–Stocks fell as investors weighed mounting pressure on Spanish markets against encouraging data out of China, and waited for a regional reading on U.S. manufacturing activity. The Dow Jones Industrial Average declined 29 points, or 0.2%, …
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Chinese-Americans decry US soldier’s death
WSLS
NEW YORK –. NEW YORK (AP) Chinese-Americans decrying the suicide of a teenage Army private who investigators say was hazed because of his ethnicity left Monday for the court martial of the first of eight U.S. soldiers accused of pushing him to the edge.
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US prosecutors dealt setback in China economic espionage case
Reuters
SAN FRANCISCO (Reuters) – A U.S. judge ruled prosecutors had not properly notified China-based Pangang Group Steel Vanadium & Titanium Co Ltd of a criminal indictment over allegations it conspired to steal trade secrets from chemical giant DuPont.
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US unions urge tougher enforcement in Russia trade bill
Chicago Tribune
WASHINGTON (Reuters) – U.S. union groups, frustrated by what they describe as a decade of broken promises by China since the Asian economic giant joined the World Trade Organization, are pressing Congress to take a tougher approach with Russia, …
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The End of Chinese Manufacturing and Rebirth of US Industry
Huffington Post
But rising labor costs, concerns over government-sponsored I.P. theft, and production time lags are already causing companies such as Dow Chemicals, Caterpillar, GE, and Ford to start moving some manufacturing back to the U.S. from China.
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Olympics call for American apparel
UT Daily Beacon
Ralph Lauren had the U.S. Olympic Opening Ceremony uniforms made in China. So now there’s another thing we have to worry about. The discussion is going back and forth relentlessly. Many Americans are outraged, including political officials, because, …
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Food-Cost Surge on U.S. Drought May Bring Steel Slump, Alfa Says
Bloomberg
A sustained 20 percent increase in agricultural prices in the U.S. could push up Chinese inflation by 260 basis points, as food accounts for about 30 percent of the country’s CPI, Ehrlich said in a report published today. Soybean and corn prices climbed to …
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Oil stabilizes near US$88 as Chinese data suggests recovery
CanadianBusiness.com
LONDON – The price of oil was down slightly on Tuesday, after a steeper decline the day before on Europe’s deepening debt turmoil, as a survey suggested a recovery in China’s manufacturing is taking hold. Benchmark crude for September delivery was …
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Trial to start in alleged hazing, death of Asian-American soldier
Reuters
The U.S. Army charged the soldiers after officials said Private Danny Chen, born in New York City to Chinese immigrant parents, committed suicide by shooting himself in a guard tower in southern Afghanistan on October 3, 2011. The men, all Chen’s …
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US, China begin annual human rights dialogue
Washington Post
By Associated Press, AP. WASHINGTON — U.S. and China are holding their annual human rights dialogue that allows Washington to raise thorny issues but also demonstrates its limited leverage with Beijing. The two days of closed-door talks between senior …
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China, US to battle it out for top position in London
Zee News
Beijing Olympic eight-time winner Michael Phelps is surely the one to watch in a star-studded U.S. swimming squad that clinched 16 gold medals, six silvers and nine bronzes in the Shanghai swimming world championships last year when host China finished …
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China Seen Cutting US Corn Imports on Higher Prices
Businessweek
China, the world’s second-biggest corn user, may import fewer shipments from the U.S. than forecast due to rising costs since the worst drought in decades hit the top grower, a state-owned researcher in the Asian country said. Imports in the year beginning …
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The End of Chinese Manufacturing and Rebirth of US Industry
Forbes
There is great concern about China’s real-estate and infrastructure bubbles. But these are just short-term challenges that China may be able to spend its way out of. The real threat to China’s economy is bigger and longer term: its manufacturing bubble.
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US Futures Edge Lower Amid Fresh Europe, China Worries
MarketWatch
U.S. stock market futures lowered about 1 percent lower early Monday amid renewed fears of recession and Greek’s insolvency as well as a growth slowdown in China. Flight to safety trades are on, and risky assets are being sold off globally. The 10-year U.S. …
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WSJ BLOG/Deal Journal: Deals of the Day: Cnooc Reveals Big Deal for Nexen
Businessweek (blog)
Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more. Catch us on Twitter, @ WSJDealJournal. Cnooc: China’s Cnooc unveiled what would be Beijing’s biggest deal yet for energy resources …
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CNOOC’S Nexen Deal Shows How Obama Pushed Canada Toward China
Forbes
Chinese influence in Canada has become very strong in recent years, impacting everything from the residential real estate markets in Toronto and Vancouver, to the rich Alberta oil patch, where Chinese investment has been higher than American investment …
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CNOOC to buy Nexen for $15.1 billion in China’s largest foreign deal
Chicago Tribune
HONG KONG/CALGARY (Reuters) – State-controlled CNOOC Ltd launched China’s richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen Inc for $15.1 billion, forcing Ottawa to decide whether national security concerns …
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Dramatic Decoupling Of U.S. Stocks From Global Equities To End
Seeking Alpha
US investors have “gotten sick” of hearing about the European crisis and a possible hard landing in China. US investors have been constantly bombarded with warnings about these global threats for a year or more. Yet European economic growth is merely …
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China and India help us dig in
The Australian (blog)
RUMOURS about the end of the mining boom are greatly exaggerated. Much reaction to yesterday’s regular business outlook report from Deloitte Access Economics has focused on the potential short-term impact of lower minerals prices on the forecast …
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Philippines refuses to budge on South China Sea row
Reuters
“It’s not right to give away what is rightfully ours. And so I ask for solidarity from our people regarding this issue. Let us speak with one voice.” The South China Sea has become Asia’s biggest potential military flashpoint as Beijing’s sovereignty claim over the …
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Nexen to be acquired by China’s CNOOC for US$15.1 billion in cash
Winnipeg Free Press
CALGARY – China National Offshore Oil Co. has agreed to buy one of Canada’s largest oil companies, Nexen Inc. for US$15.1 billion in cash, with the intention of making Calgary the headquarters of its Western Hemisphere operations. “We are in Canada to …
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China to Investigate US Polysilicon Imports
Environmental Leader
China’s Ministry of Commerce said it would open anti-dumping and anti-subsidy probes on US imported polysilicon as well as an anti-dumping investigation on South Korean imports of the raw materials used to make solar products, Reuters reported. Officials …
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CNOOC Adopts Canada Do Attitude
Wall Street Journal
And CNOOC’s $15.1 billion bid for Nexen of Canada, announced Monday, would be the biggest-ever overseas acquisition by a Chinese oil company. Moreover, it is haunted by the ghost of CNOOC’s failed bid for U.S. major Unocal, derailed by Washington in …
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Nexen to be acquired by China’s CNOOC for US$15.1 billion
CTV News
CALGARY — Oil and gas producer Nexen Inc. (TSX:NXY) has agreed to be acquired by China National Offshore Oil Company for US$15.1 billion cash. The Calgary-based firm will be purchased by CNOOC Ltd. in an all-cash transaction worth $27.50 per …
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China oil giant buys into North America
CNN
Canada’s Nexen, with offshore operations in the U.S. and U.K., has agreed to be acquired by China’s CNOOC for $15.1 billion. NEW YORK (CNNMoney) — A major Chinese oil producer expanded its footprint in North America’s energy market with a $15.1 …
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NYMEX-US crude eases toward $91 on euro debt crisis
Reuters
Greece is in a “Great Depression” similar to the United States in the 1930s, Antonis Samaras, the country’s prime minister, told former U.S. President Bill Clinton on Sunday. * Iran’s top oil buyer, China, will load full contracted volumes of Iranian oil in July after …
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Julius Baer clinches China deal to tap wealthy clients
Reuters
ZURICH (Reuters) – Julius Baer struck a deal with Bank of China to tap new business and has won new money from clients of rival private banks, as it seeks to bulk up to counter slowing growth in offshore Swiss banking under attack from tax authorities.
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U.S. Stock-Index Futures Fall on Growing Greek Default Concern
San Francisco Chronicle
July 23 (Bloomberg) — U.S. stock futures declined, indicating the Standard & Poor’s 500 Index may fall for a second day, as concern grew that Greece won’t fulfill its bailout commitments and a Chinese policy maker warned of cooling growth. Bank of America …
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Why Cnooc’s $19.5 Billion Offer For Nexen Is A Done Deal
Forbes
China National Offshore Oil Corporation (Photo credit: Wikipedia). If Cnooc succeeds in its $19.5 billion takeover of Canada’s Nexen, it will vault China’s oil giant into the lead among state-controlled oil companies grabbing North American oil and gas assets.
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Rough road for American economy likely will continue
Statesman Journal
Even if Congress and the president extend the Bush tax cuts, any hiccup in Europe or China could throw the U.S. economy into a recession — and the world’s biggest economy could hit the skids on its own. Having failed to adequately address what caused …
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Sinopec pays $1.5 billion for Talisman North Sea Stake
Reuters
It was the second major investment in a Canadian oil explorer by a Chinese company announced on Monday, after CNOOC Ltd (0883.HK) agreed to buy Nexen Inc (NXY.TO) for $15.1 billion. That was China’s largest offer for a foreign oil producer since U.S. …
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China Tries Again With Big North American Energy Buy of Nexen (NYSE:NXY)
Oakshire Financial
Cnooc is offering $15.1 billion in cash to buy Canadian oil sands giant Nexen (NYSE:NXY) – a deal that may test nationalist sentiment throughout North America. It’s the largest attempted buy of a North American energy company since Cnooc tried an $18.5 …
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Talk Back Poll: U.S. Olympic Uniforms Made in China?
Patch.com
article[new_asset_attachment_attributes][user_id]. new_asset_attachment_attributes. Lawmakers from both sides of the aisle recently criticized the United States Olympic Committee for outfitting the United States team in Ralph Lauren uniforms made in China.
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Oil price falls on renewed concerns about Europe
U.S. News & World Report
As Europe struggles, its demand for manufactured goods from the U.S. and China will likely decline. China, the world’s second biggest oil consumer behind the U.S., already foresees slower economic growth in the third quarter. And the U.S. economy is still …
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Chinese oil company to buy Canadian oil firm for US$15.1bn
Taipei Times
Chinese state-owned oil and gas giant CNOOC Ltd (中國海洋石油) will buy Canadian oil company Nexen for US$15.1 billion, the two companies announced yesterday. They said in a statement that CNOOC, which is China’s biggest offshore oil and gas …
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New US unit reviewing trade barriers in about 6 nations
Reuters
WASHINGTON | Mon Jul 23, 2012 12:22pm EDT. WASHINGTON (Reuters) – President Barack Obama’s new trade enforcement unit is initially looking at obstacles to U.S. exports in about six countries, including China, a top U.S. trade official said on Monday.
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China’s CNOOC to buy Nexen for $15.1-billion
Financial Post
CALGARY – Chinese oil company CNOOC Ltd. is confident its US$15.1-billion bid for Nexen Inc. provides a “net benefit” to Canada because the deal helps accelerate resource development and increases job creation, making it aligned with Canadian …
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China’s CNOOC to buy Canada’s Nexen for US$15.1b
Channel News Asia
Business News. China’s CNOOC to buy Canada’s Nexen for US$15.1b. Posted: 23 July 2012 2154 hrs. A jointly-owned CNOOC and Royal Dutch Shell petrochemical plant in Daya Bay, southern. Photos, of. CALGARY, Canada: Chinese state-owned oil and …
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WTO to Investigate Chinese Curbs on Rare-Earth Exports
Businessweek
World Trade Organization judges will probe China’s export quotas and tariffs on rare earths, tungsten and molybdenum following complaints by the U.S., the European Union and Japan that the curbs break global commerce rules. China says the limits are …
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United Asean Stands or Divided It Falls to China, US
Jakarta Globe
Even though Asean finally managed to come out with a joint statement following its regional summit last week, a fickle unity will continue to undermine the grouping as long as it fails to address domestic problems in each of its member states, observers have …
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Chinese CNOOC launches 15.1 billion U.S. bid for Nexen
DigitalJournal.com
Calgary – Calgary-based oil producer Nexen approved a takeover bid of $15.1 billion U.S. by Chinese state-owned oil producer CNOOC Ltd. The price per share would be $27.50 a full two thirds higher than the average price over the last twenty days.
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The Possibility of Fewer Shootings?
The Atlantic
Fallows has been a finalist for the National Magazine Award five times and has won once; he has also won the American Book Award for nonfiction and a N.Y. Emmy award for the documentary series Doing Business in China. He was the founding chairman …
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China’s Stocks Fall to Lowest Since 2009 on Slowdown Concerns
Businessweek
China’s stocks fell, dragging the benchmark index down to the lowest level since March 2009, after a central bank adviser said economic growth will slow this quarter and as Europe’s crisis worsened the outlook for exports. Jiangxi Copper Co. (600362) and …
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US Olympic team could be lifted by decathletes – Norman Chad
Plain Dealer
China had the most gold meda ls in 2008 and probably will eclipse the United States this time around in total medals. 2. While our days of world dominance are over, there is one area in which America again might be the top dog — the decathlon! Best I can …
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Asian stock markets slide on Europe, China woes
U.S. News & World Report
By PAN PYLAS, Associated Press. LONDON (AP) — Stocks took a battering while the euro slid to a two-year low against the dollar on Monday as fears over Europe’s debt crisis returned to haunt markets. Spain is the epicenter of the current bout of fears, with …
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Region needs US to counter rising Chinese
The Canberra Times
Australia’s decision to station up to 2500 US Marines in Darwin on a rotating basis was perceived by Beijing as complicity in a US attempt to contain China. Cui Tiankai, China’s Vice Foreign Minister, recently launched thinly veiled criticisms at Australia’s …
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Danny Chen Death: NYC Chinese-Americans Decry Hazing Of Army Private In …
Huffington Post
… Organization of Chinese Americans, center, speaks at a news conference while the parents of Pvt. Danny Chen, Yan Tao Chen, left, and Su Zhen Chen listen in New York, Wednesday, Dec. 21, 2011. Eight U.S. soldiers have been charged over the October …
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China, US to battle it out for top position in London
Firstpost
London, July 22 (IANS) China beat long-time Olympic powerhouse United States in the number of gold medals at Beijing 2008 but in London it might be a different story. China captured 51 golds, 21 silvers and 28 bronzes in Beijing, relegating the United …
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Nowhere to hide: Global economic troubles spread from Europe and US to …
Washington Post
WASHINGTON — The global economy is in the worst shape since the dark days of 2009. Six of the 17 countries that use the euro currency are in recession. The U.S. economy is struggling again. And the economic superstars of the developing world — China, …
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Scandal, economy, unrest mar China’s leader change
U.S. News & World Report
Tensions simmer with neighboring countries and the U.S. over territorial disputes in the South China Sea. Then there’s the unresolved scandal involving Bo Xilai, who was a well-connected contender for high office before he was ousted for still unexplained …
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China storms kill 20, including 10 in Beijing
U.S. News & World Report
BEIJING (AP) — The heaviest rain to hit Beijing in six decades killed at least 10 people and left cars and buses submerged, and 10 other storm deaths were reported elsewhere as China braced Sunday for more downpours. The rain Saturday night knocked …
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China, US to Battle it Out for Top Position in London
CRIENGLISH.com
China beat long-time Olympic powerhouse United States in the number of gold medals at Beijing 2008 but in London it might be a different story. China captured 51 golds, 21 silvers and 28 bronzes in Beijing, relegating the United States to second place with …
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US missile shield to encircle Chinese economic tiger
RT
“It undermines strategic stability,” acknowledged Major General Zhu Chenghu of China’s National Defense University. The General first became internationally known in 2005 when he declared that China might use nuclear weapons if the US intervened …
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American idols for the London Games
Kansas City Star
While the United States has led the medal count at the last four Summer Games, China finished just 10 total medals (110-100) behind the American team at the 2008 Beijing Games. And China did take home 15 more gold medals (51-36). While the United …
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Olympics 2012: Team USA’s fashion faux pas, Jamaica’s Olympic uniforms win …
The Star-Ledger – NJ.com
With all the teeth-gnashing over the outsourcing of Team USA’s Olympic uniforms to China and Ralph Lauren’s decision to outfit red-blooded Americans in, heaven forbid, berets, many people have overlooked the fact that the parade uniforms to be worn by …
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US economy remade
TheChronicleHerald.ca
On the campaign trail both parties attack China as a currency-fiddling, rule-breaking supplier of cheap imports, but a richer China has become the third-largest market for America’s exports, up 53 per cent since 2007. American exporters are changing as well.
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Olympic gamesmanship
Boston Herald
We’re a little impatient with the uproar from politicians over the fact that the uniforms worn by the U.S. Olympic Team in London were made in China. Americans long ago decided that the advantage of low prices was so great that it was better to get most of our …
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Chinese high school students tour Illinois plant
Sacramento Bee
Quinn signed agreements with Chinese officials in September in business, cultural and educational cooperation. The Oak Valley Water Reclamation Facility in Homer Glen is operated by Illinois American Water. It was upgraded in 2009 to double its capacity …
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Blumenthal pushes US apparel for Olympic team
Meriden Record-Journal
The American uniforms for the 2012 London Games were made in China, which sparked an outcry from members of Congress. Designer Ralph Lauren said last week the uniforms it provides the U.S. Olympic team at the 2014 Winter Games in Sochi, Russia, …
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Filipino Shooter Against American Phenom
Manila Bulletin
MANILA, Philippines — In the last three editions or so of the Olympics, Chinese shooters have upstaged their counterparts from United States and Russia to validate China’s status as the most dominant country in the sport. China, in the latest count, has …
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Jin Xing USA Group Imports Unique Toys and Gifts from China
TopTenWholesale News
Jin Xing USA Group, Inc. was founded in 2001 by Mike Pan. While in the process of opening a gift store himself, Mr. Pan took a trip to to China and found many ideal products in the factories there. These products were not only very attractive and well made, …
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MORE ON THE STORY
RT
China has expressed mild concerns with the American plans to shift most of its warships to the Pacific region by 2020. Beijing called on to Washington to respect the interests of all sides in the Asia-Pacific, including that of China. US Navy, the aircraft carrier …
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China Appeals To World Trade Organization Over US Steel Products
WITN
China Appeals To World Trade Organization Over US Steel Products. China has appealed to the World Trade Organization to set aside a WTO panel report favoring the United States in an anti-dumping case involving U.S. steel product. The Chinese Ministry …
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A Look at the BRICS Part I: Brazil’s Woes
ValueWalk
The charts below illustrate Goldman Sach’s prediction for 2010 and 2020 in reference to the year 2000 data. Recent reports suggested that China have already overtaken the U.S as the world’s greatest economy, while Brazil, is believed to have overtaken the …
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Through foreign-policy swells Obama has steered us well
The Seattle Times
People are interacting with each other, but they’re mostly focused on the godawful stuff going on inside. Europe has the euro mess. The Middle East has the Arab Spring. The U.S. has the economic stagnation and the debt. The Chinese have their perpetual …
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China Consumption Story Intact: WPP CEO
CNBC.com
“It’s been boosted by the Olympics, the U.S. election and the European football championship,” he noted. If world real economic growth runs at about 3 percent and if advertising stays at the same proportion of GNP, you’re talking about industry growth at 4 or 5 …
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Why China Is Back On Our Radar
Seeking Alpha
As we noted late in Thursday’s session, the short-term risk-reward ratio for most risk assets is unfavorable. Therefore, some patience may be in order relative to considering all new positions, including China. Like the United States and Europe, growth in China …
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Team USA looks good as gold in several events in London
Kansas City Star
… 2008 Beijing Olympics, Team USA won 31 of its 110 medals in swimming, 23 in track and field and 10 in gymnastics. It’s not a unique formula. Host China won more medals in diving (11) at the Beijing Games than in track and field and swimming combined.
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Russ Feingold: Obama’s policies good for Wisconsin’s economy
La Crosse Tribune
Is it his record as a corporate raider who sent U.S. jobs to countries like Mexico, India and China? Or was Walker referring to Romney’s failed record as the governor of Massachusetts, where under his leadership Massachusetts fell to 47th in the nation in job …
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Nilda Rego: Chinese Exclusion Acts
Contra Costa Times
It targeted what were labeled as “undesirables” from Asia. Among those it was supposed to keep out were prostitutes; however, by the way it was enforced, it effectively stopped all Chinese women from entering the United States to join their husbands.
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China Selling Us Counterfeit Chips
The Moral Liberal
BY PHYLLIS SCHLAFLY. When will our government realize that Communist China is not a friendly trading partner but is an enemy cheating us and deceiving us. The Senate Armed Services Committee has reported that one million suspected “bogus parts” …
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Asean in the vortex of South China Sea
Livemint
Over the past two decades China has provided over $10 billion in aid to Cambodia and last year alone China pledged to Phnom Penh 10 times the foreign investment promised by the US. Beijing also paid for building the Peace Palace (ironically the venue of …
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Time to say hi to US wines
China Daily
Metropolitan cities like Beijing and Shanghai are seeing a lot of wine-tasting events, organized by major wine-producing countries. But recently the agricultural trade office of the US embassy chose to hold an American wine tasting in Zhengzhou, capital of …
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Problem of Olympic-sized proportions
Burlington Times News
The other day an editorial in the Philadelphia Inquirer opined that it’s perfectly fine and dandy that the uniforms for members of the U.S. Olympic were made in China. Allow us to clear our throats before saying this: We beg to differ. The Inquirer equated the …
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China’s demand for iron ore at record 1.8 billion tons in 2012
Examiner.com
The price of iron ore would go high in 2013 despite of supply increase from Australia, India, Africa and Brazil. The iron ore production cost in China is apparently higher than US $100 per tonne. Chinese iron ore import increased by around 68 million tonnes to …
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Proposed Law Could Spark a U.S.-Chin war on Visas for Journalists
JD Supra (press release)
It would require that Chinese journalists’ U.S. visas be revoked so that there are no more than the number of Chinese visas issued U.S. government-employed journalists, which is currently exactly two. The Chinese Media Reciprocity Act (H.R. 2899) is …
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Measure Ensuring American Workers Are Protected Against Unfair Chinese …
PoliticalNews.me (press release)
WASHINGTON, D.C. – Following U.S. Senator Rob Portman’s (R-OH) recommendation, the U.S. Department of Commerce agreed to change the way it calculates dumping margins to more accurately gauge unfair Chinese tax policies that hurt Ohio …
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US hawks rally to defend defense
Democratic Underground
“The specter of sequestration threatens the US defense industrial base at a time when China, Russia, and other military competitors are ramping up their defense industries,” according to the statement, which helped raise the curtain on this week’s mantra from …
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Slower global growth reflects close economic links
The Associated Press
The U.S. economy is struggling again. And the economic superstars of the developing world — China, India and Brazil — are in no position to come to the rescue. They’re slowing, too. The lengthening shadow over the world’s economy illustrates one of the …
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Roger Kahn Guest Column: Support American athletes and American workers
The Morning Sun
This is a time to put aside our differences, unite as Americans and cheer for Team USA. Unfortunately, this year’s games will also unite us in disappointment because our athletes will be sporting uniforms made in China. While we know the U.S. team is …
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10 storylines to watch at 2012 London Olympics
Arizona Republic
There are differing opinions about how the medal count will go in London, both centering on China. Some see the Chinese continuing their upward trajectory and ending the United States‘ four-Olympic streak of most overall medals. Others say that, historically …
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Chinese pair walks away with doubles title at Women’s Hospital Classic tennis …
Evansville Courier & Press
She and Pluskota led only briefly in the second set at 3-2 before their Chinese counterparts won four straight games to take the match and the $637 prize. “They were putting a lot of pressure on us in the middle of the court and just in general playing very solid …
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India to contribute 20% of De Beers’ diamond sales in 5 years
Hindu Business Line
Mr Lussier says India and China are the priority markets for Forevermark. “For long, the US has dominated the world diamond market. By the end of the decade, India and China will together account for a third of the world diamond collection and be as large as …
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China appeals WTO rule on steel dispute with US
SteelGuru
Xinhua reported that China recently appealed part of the WTO preliminary ruling favoring the United States in its claims against Chinese anti-dumping duties on electrical steel products from the US. WTO said in a brief notice that “China appeals certain issues …
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Former Chinese propaganda chief Ding Guangen dies
KCAU
A U.S. Navy veteran who served three tours of duty in the Middle East. A 6-year-old girl excited about her swimming classes. A Target employee who shielded his girlfriend and her brother with his own body. They and…More>>. A U.S. Navy veteran who …
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China appeals to WTO over decision on US steel
Nevada Appeal
The United States lodged a complaint in 2010 that challenged Chinese tariffs on U.S.-made grain-oriented flat-rolled electrical steel. China says it imposed the tariffs because U.S. “Buy American” provisions and state government procurement laws amount to …
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US wins dispute with China over payment services
Las Vegas Sun
The United States has won a trade dispute with China over that country’s treatment of foreign companies that process credit card payments and other electronic transactions. U.S. officials said Monday that the ruling by the Geneva-based World Trade …
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Olympics should be about the games not the uniforms
MiamiHerald.com
Mostly China. Only one item — a Land’s End denim shirt I swiped from my husband — was manufactured in the good old U.S.A.. My closet is probably much like yours: Western fashion stitched together in foreign factories. Industry experts estimate that as …
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Alibaba’s Tmall Woos U.S. Retailers as Chinese Buy Brands
Bloomberg
The Chinese company met business owners at seminars in Chicago, Detroit, Atlanta and Seattle this month as part of the unit’s first U.S. tour to discuss opportunities to sell goods to consumers in China via the Internet, said Janet Wang, head of international …
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China-U.S. solar trade dispute escalates
SmartPlanet.com (blog)
China’s trade ministry said today it will investigate whether U.S. and South Korean suppliers sold solar-grade polysilicon below cost, an action that will escalate an ongoing solar trade dispute and potentially affect several U.S. suppliers. China’s Ministry of …
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Jack Tame: Illogicality rules in US patriotic display
New Zealand Herald
The greatest athletes from the most successful Olympic nation in history will be dressed head to toe in uniforms made in China. For the committee, it was awful PR work. Unemployment in the US is at 8.2 per cent and though awarding the contract to jobless …
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Olympic uniforms should be made in the USA
Biddeford Journal Tribune
We applaud this letter and agree with Michaud’s concern after the country learned late last week that Ralph Lauren, the company that designed the uniforms for the 2012 U.S. Olympic team, had them made in China. That never should have happened.
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Will the US export fracking to the rest of the world?
Washington Post (blog)
That’s a major turn of events. But, for now, the fracking boom has largely been confined to the United States. Other nations, from China to Australia to France, also have vast shale formations that contain “unconventional” natural gas and oil. But they’ve barely …
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Where is it made?
The Tennessean (blog)
are still fun when I am cheering on American athletes. So I was a tiny bit miffed when I heard that Ralph Lauren’s 2014 Olympic uniforms will be manufactured in China. Then I felt a bit sheepish since much of my own wardrobe was not made in the U.S., either.
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The U.S. Should Import Gun Control from China
Business Insider
I woke today to a sky that looks like cottage cheese that was left for hours on a hot sidewalk, the air being so disgusting and clingy that I had to immediately jump in the shower and do my best reinactment of Gattaca to rid myself of the scum crust. In other words …
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China/US: Dialogue Needs to Produce Results
TrustLaw
(New York) – The United States should use the upcoming human rights dialogue with the Chinese government to demand public and verifiable changes in policies and practices. The changes should include a commitment to hold elections to choose China’s …
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China appeals to WTO over US steel
Ninemsn
China has appealed to the World Trade Organisation to set aside a WTO panel report favouring the United States in an anti-dumping case involving US steel products. The Chinese Ministry of Commerce in a statement posted on its official website late on …
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China Foreign Deals Must Obey Market Principles, Regulator Says
Businessweek
“Chinese companies have a good chance to venture abroad as many European and American companies are struggling,” market valuations have “fallen significantly” and “overseas regulators are becoming more friendly to Chinese capital,” Yi said.
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Managing the rise of China
CNN (blog)
The IMF has China’s GDP exceeding that of the United States within four years, and the way growth rates are right now, something amazing would have to happen here in the U.S., and something very terrible would have to happen in China, for that not to take …
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Clinton visit: US, China vie for trade in SE Asia
The Militant
Expanding U.S. trade ties in Southeast Asia was at the center of Secretary of State Hillary Clinton’s recent trip there, highlighting a key aspect of Washington’s intensifying competition with China, its most formidable economic and military rival. Clinton attended …
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Asian Stocks Post Weekly Climb Amid China Stimulus Speculation
Bloomberg
Asian stocks rose, with the regional benchmark gauge posting its largest weekly gain this month, amid speculation China and the U.S. will do more to boost growth in the world’s two largest economies. China Railway Construction Corp. (1186) surged 6.2 …
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Made-in-China Olympic resentment
China.org.cn
Controversy in the U.S. over the “made in China” official opening ceremony uniforms to be worn by the country’s Olympic athletes are growing, even though the uniforms were designed by Ralph Lauren. Some U.S. politicians have even suggested burning the …
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Labor-backed petition asks Ralph Lauren to replace Olympic uniforms with US …
OregonLive.com
The U.S. uniforms were Made in China. It’s been a week since Ralph Lauren Corp., responding to criticism from members of Congress, said it would manufacture U.S. Olympic team clothing for 2014 in the United States. The New York-based corporation had …
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What to wear all a matter of money at Olympics
MiamiHerald.com
Whether it’s Chinese-made uniforms for American athletes, a tattoo inked on a runner’s body or a miniature American flag that can’t go on Phelps’ swim cap, Olympians should have figured out one thing by now: What they can or cannot wear at the London …
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US warns of rising risk of ‘accidental war’ in S China Sea
Zee News
US warns of rising risk of ‘accidental war’ in S China Sea Washington: The Obama administration has warned that a recent two-month maritime standoff between China and the Philippines has raised the risk of accidental war in the South China Sea, and …
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Chinese Girl Describes Terror And Relief Of Being In The Other Century Aurora …
Business Insider
A 19-year-old Chinese American girl witnessed the Batman premiere shooting. She wrote down her thoughts on guokr.com. There is the translation: Today, I went with my older sister, my cousin and my good friend to see the opening show of the new …
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U.S. Fiscal Cliff, European Debt Crisis & China Slowdown: What Investors Need …
Seeking Alpha
U.S. Fiscal Cliff: Effective year-end 2012: 1) Bush and payroll tax cuts expire and 2) automatic spending cuts that were previously approved during debt ceiling deal will go in effect. Potential Impact: A recession as a result of slashing $607 billion in the federal …
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US solar imports probed
China Daily
Trade frictions between two major economies may increase: Analysts. China is launching an investigation into imported US polysilicon used in solar panels, the Ministry of Commerce announced on Friday. The probe relates to anti-subsidy and anti-dumping …
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National security adviser to visit China, Japan
Sacramento Bee
The White House says Donilon will travel to the Chinese capital on Sunday and meet with including State Councilor Dai Bingguo. He will also discuss U.S.-China relations, nonproliferation and global economic growth. Donilon’s visit comes as Syria plunges …
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Southern hospitality: Chinese professors study English and American culture
Montgomery Advertiser
Professors Charles Ye, left, and Jessie Chen, professors from the Xiangfan Vocational and Technical College in the Hubie Province of China, pronounce variations of the English language as they read some Hank Williams songs. / Lloyd Gallman/Advertiser …
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China Boosts Liberia’s Customs Sector, Gives 2 Container Scanners Value US$6M
Liberian Daily Observer
The scanners will be used by the Bureau of Customs and Excise of the Ministry of Finance to generate government revenues. With the modern scanners now available, losses incurred by importers while opening and closing their containers by customs …
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China appeals WTO rule on steel dispute with US
China Daily
GENEVA – China on Friday appealed part of the WTO preliminary ruling favoring the United States in its claims against Chinese anti-dumping duties on electrical steel products from the US. “China appeals certain issues of law and legal interpretation covered …
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China in talks to build five new reactors in UK: paper
Reuters
LONDON (Reuters) – Chinese nuclear firms are considering investing 35 billion pounds in building up to five new nuclear reactors in Britain, a newspaper reported on Saturday. A team from the Shanghai Nuclear Engineering Research and Design Institute …
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American Drought Already Hitting Chinese Consumers Hard
ValueWalk
However, China’s grain reserve corporation, Sinograin, had continued to accumulate US corn over the period April-June. The purchases specifically went up in mid-May when priced dipped slightly. Capital Economics has assuaged fears about the drought by …
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U.S. prepares to flex its medal count muscle in less glamorous sports
CBSSports.com (blog)
But to triumph over China in the overall medal count, and maybe even reclaim the honor of most gold medals the Chinese snatched away in Beijing, it’s going to take a lot of U.S. success in a lot of sports that usually won’t draw a lot of televised attention.
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US Olympic Men’s Gymnastics Team 2012: 5 Keys to Winning Team Gold in …
Bleacher Report
It’s different than four years ago for Team USA, when the men were not even expected to make it to the finals and ended with a miraculous bronze medal. In 2008, China claimed seven of the eight gold medals, including Men’s Team Final, while Team USA …
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US sees risk of war over South China Sea
Stock and Land
China has said the US is meddling in the region’s affairs by encouraging a code of conduct. The US Secretary of State, Hillary Clinton, responded: ”The US is a resident Pacific power”. Mr Russell said though the US and Australia would not be signatories to …
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Luxury Retailers Still Living the Good Life in China
CNBC.com
[RCO-F Loading... () ], owner of the Rémy Martin cognac brand, said overall organic sales rose 24.4 per cent in the same period because of “rapid” growth in Asia and the US. … Demand from wealthy Chinese customers has become critical to the success of the sector, which means investors have been looking closely for evidence of the slowing Chinese economy damping enthusiasm for highly priced retail goods. Matching some of the caution in the industry, Hermès said it “was difficult to make projections for the full …
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Study finds U.S. remains top emitter of greenhouse gases
The Capitol Column
While China has pursued price control mechanisms and tightly regulated markets as part of its emissions trading schemes, the policies seem to have had little impact on its carbon emissions. The report noted that the U.S. remains one of the top emitters of …
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US can stitch together new manufacturing pride
Elgin Courier News
Rather than wearing uniforms sewn on American soil, they will be wearing the proud red, white, and blue put together by Chinese manufacturers. With so many jobs leaving our country and going overseas as companies search for lower costs, this is actually …
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US seeking to boost co-op with China in Africa
China Daily
WASHINGTON – The United States has been seeking to boost cooperation with China in addressing long-term development challenges facing countries in Sub-Saharan Africa, the State Department said on Friday. Department spokesman Patrick Ventrell was …
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Real choice for corporations is outsource or die
San Antonio Express
This trend, known as “reshoring,” has created some 10000 positions in the United States in the past two years. It’s driven partly — believe it or not — by the rising cost of Chinese labor. And it’s only going to expand. Outsourcing is a fact of life in the modern age …
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FOB Gulf Grain-Soybean premiums steady-firm, eye on US drought
Reuters
U.S. soybean prices were competitive in the world market, although recent price spikes have kept many global buyers on the sidelines. Benchmark U.S. soybean futures hit an all-time high of $17.77-3/4 a bushel on Friday. * China, the world’s top importer, …
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Chinese Yuan dropped to the low end of the trading band
Business Insider
Earlier today, the Chinese Yuan was traded at 6.3743, 1% weaker than the PBOC daily fixing of 6.3112, i.e. the upper limit of USDCNY trading band. This was the first time that USDCNY reached the trading limit since the PBOC announced widening the …
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China to investigate US, S.Korean solar materials imports
Reuters
BEIJING/HONG KONG, July 20 (Reuters) – China will open investigations into imported U.S. and South Korean solar-grade polysilicon, the country’s trade ministry said on Friday, in the latest instance of growing tensions between major solar manufacturers.
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Ponies and Stripes Forever: The Olympics’ Shameless Polo Product Placement
Huffington Post
Still, the 2012 USOC didn’t see fit to make Ralph Lauren’s Olympic uniform contract contingent upon them being made in the U.S. So, like any bottom line-driven clothing manufacturer, Ralph Lauren made the uniforms in China where labor is good and cheap.
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China-US Human Rights Dialogue Set For Next Week In Washington
RTT News
(RTTNews) – China and the United States will hold the 17th session of their Human Rights Dialogue in Washington on July 23 and 24, the U.S. State Department announced late on Thursday. U.S. Assistant Secretary for Democracy, Human Rights & Labor …
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China Probes US, South Korea Solar-Grade Polysilicon
Businessweek
China is investigating whether exporters from the U.S. and South Korea sold solar-grade polysilicon below cost, a practice known as dumping, as part of a probe following complaints from four domestic companies. The world’s biggest supplier of solar panels …
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Of course US rebalancing is about China
CNN (blog)
By Justin Logan, Special to CNN. Editor’s note: Justin Logan is director of foreign policy studies at the Cato Institute, and the author of a forthcoming policy study, “China, America, and the Pivot to Asia.” Brad Glosserman has penned a provocative article …
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China/US: Dialogue Needs to Produce Results
Human Rights Watch
The crisis of self-immolations by Tibetans, stalled legal reform, and the latest disingenuous ‘human rights action plans,’ have been put on the agenda by the US. But another round of exchanges, particularly if there is no public discussion of the talks afterward, …
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Asia Stocks Fall, Paring Weekly Gain, on US Data, China
Businessweek
Asian stocks fell, paring a weekly gain on the benchmark regional index, amid speculation China will keep property curbs in place and as U.S. economic reports missed estimates. Toyota Motor Corp., Asia’s top carmaker by market value, fell 1.8 percent in …
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China Announces US$20 Billion Loan to Africa
AllAfrica.com
Beijing — The Chinese government has pledged US$20 billion in concessional loans to African countries within the next three years to assist in developing infrastructure, agriculture, manufacturing, and small and medium-sized enterprises. The credit line is …
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China, US to hold new round of human rights talks
Atlanta Journal Constitution
The exchanges have become a regular fixture in China-US relations along with recurring economic and policy dialogues. But they haven’t produced any significant narrowing of differences on human rights. After talks in April last year, a U.S. envoy described …
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Profit at major Chinese state companies down
msnbc.com
Companies and investors are closely watching China’s slowdown, which has dampened hopes the country will help to drive global growth as the United States and Europe struggle. Premier Wen Jiabao warned last weekend a recovery was not yet stable, …
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Chinese Feel Burned by Olympic Uniform Controversy
Bloomberg
Several Chinese commentators have tried to delve deeper into why U.S. politicians focus on globalization in election years, with many lamenting (perhaps with fake tears) America’s alleged former role as an upholder of free trade around the world. Of these …
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Continent Gets US$20 Billion Aid From China to Develop Infrastructure …
AllAfrica.com
The government of China has promised to provide $20 billion of credit line to African countries to assist them in developing infrastructure, agriculture, manufacturing, and small and medium-sized enterprises. Speaking at the opening ceremony of the Fifth …
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U.S. Missile Shield May Make China Build Better Missiles
Wired News
China has bet the security of its billion citizens largely around one weapon system: missiles. Which is why planned U.S. advancements to Washington’s mobile missile shield is freaking Beijing out. Its military chiefs figure they need to upgrade their own cache …
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US and China to Hold New Round of Human Rights Talks
Voice of America (blog)
The U.S. side will be led by U.S. Assistant Secretary for Democracy, Human Rights and Labor Michael Posner. Chen Xu, China’s Ministry of Foreign Affairs will lead the Chinese delegation. This will be the 17th round of the talks. The last session was held in …
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#tellusatoday: US Olympic outfits unpatriotic?
USA TODAY
Updated. Comments. We asked our readers on Twitter what they thought about Team USA uniforms being manufactured in China: Is it unpatriotic or no big deal? Responses have been edited for clarity. Ralph Lauren. EnlargeClose. Ralph Lauren …
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Oil rises on increased US demand, but China slowing
Futures Magazine
While oil looks like it is breaking out, driven by renewed war fears and an uptick in US demand, there are signs that demand in China is slowing and this may give the bulls some pause. Still the big question is after the terrorist attack in Bulgaria and the turmoil …
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Beijing court rejects appeal from artist Ai Weiwei
U.S. News & World Report
BEIJING (AP) — Activist artist Ai Weiwei believes a tax evasion case was meant to intimidate him, but losing his challenge to the $2.4 million fine Friday did not silence his criticism of China’s government. … The worst drought since 1956 moves over the U.S. …
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US sees risk of war over South China Sea
Sydney Morning Herald
In a call implicitly aimed at China, Mr Russell said 10 years ago China had agreed to negotiate such a code of conduct. It has repeatedly said it will agree to discussions ”when the time is ripe”. A Pentagon official with responsibility for US defence policy in …
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US at odds with China and Russia after axis veto the UNSC’s sanction threat on …
Gant Daily
Washington, United States (4E) – The United States remained divided with China and Russia on Syria after the latter two United Nations Security Council members decided to block the U.N.-endorsed sanctions’ threat against Syrian President Bashar …
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ASEAN urges South China Sea pact but consensus elusive
Reuters
Vietnam and the Philippines have sharply criticized China and last month ramped up their rhetoric following agreements to strengthen their military ties with the United States. “POURING GASOLINE ON FIRE”. The failure to issue the communique and the …
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Economist points US figures to China data skeptics
MarketWatch (blog)
Differences between growth rates of electricity and GDP output were also equally stark and wider in the U.S. than in China, he noted. “The discrepancies in the U.S., while larger, don’t attract comparable attention [as in China],” said Kowalczyk. – V. Phani …
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Chinese court upholds Ai Weiwei tax fine
Chicago Tribune
BEIJING (Reuters) – A Chinese court on Friday upheld a $2.4 million fine for tax evasion against the country’s most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken …
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China to probe US, S. Korean solar materials
Bizjournals.com
China has threatened to impose trade duties on U.S. imports of polysilicon if the U.S. penalizes Chinese solar firms. Early this year, the U.S. put new import duties totaling 35 percent on solar equipment from China, citing China’s unfair support of its industry …
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China appeals against WTO ruling in US steel case
Reuters
GENEVA (Reuters) – China filed an appeal with the World Trade Organization on Friday in a case brought by the United States to challenge Chinese import duties on a type of speciality steel product used in power transformers, the WTO said. A WTO dispute …
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China, US to hold human rights dialogue in Washington
China Daily
BEIJING – China and the United states will hold a new round of human rights talks in Washington on July 23 and 24, according to a Friday news release from the Foreign Ministry. Chen Xu, director-general of the ministry’s Department of International …
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China Opens Investigations into US PV Imports
Solar Novus Today
This issue is serious and could impact Hemlock Semiconductor’s ability to sell material to China (its largest market), if the Chinese government assesses duties against US manufactured polysilicon sold into China,” Dow Corning President and CEO Robert D.
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US uniform row sparks bipartisan anger
China Post
UNITED NATIONS — With the London Summer Olympics fast approaching, the eyes of America are on Team USA, or more precisely on the manufacturer’s labels on their uniforms. What looked like a proud sporting moment when designer Ralph Lauren …
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Petition Demands That US Olympic Uniforms Be Made In United States
Rant Sports
The biggest controversy remaining in the USA involves the US Olympic uniforms. The uniforms commissioned by Ralph Lauren were made in China, but a new petition demands that the China-made ones be scrapped in order for ones made in the US.
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China Opens Dumping Probe Against US, South Korea
Voice of America (blog)
The Ministry of Commerce announced Friday that it will investigate whether U.S. and South Korea sold the kind of polysilicon used to produce solar batteries at artificially low prices in China. In another statement, the ministry said it will look into U.S. state …
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Copper drops from two-week peak on Spain fears, China
Reuters
LONDON (Reuters) – Copper slid on Friday, weighed down by fresh worries about Spain’s debt crisis, a stronger dollar and major metals consumer China’s warning against relaxing curbs on speculation in the copper-hungry property sector. Three-month copper on the London Metal Exchange shed 1.7 percent to $7600 per … But because it’s not obvious in what direction that trigger will take us it’s very risky to take a directional position. Until we get a clear macro picture people are going to keep positions very light,” …
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Mitt Romney Invested Millions in Firms That Pioneered High-Tech Outsourcing
Huffington Post
Mother Jones: A government document shows that at Bain he held a $54 million stake in companies that manufactured electronics in China and Mexico for US firms. Read the whole story at Mother Jones. Contribute to this Story: Send us a tip; Send us a photo …
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METALS-LME copper edges off 2-week top on China property warning
Reuters
Beijing warns against lifting property purchase curbs * Gloomy U.S. factory activity, jobs data weigh * LME copper meets psychological resistance at $7800 – trade * Bets on cut in China bank reserves requirement this weekend -trade * Coming Up: U.S. CFTC …
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China to investigate US, S.Korean solar imports
Reuters
BEIJING, July 20 (Reuters) – China will start anti-dumping and anti-subsidy investigations into U.S.-produced solar products, the country’s trade ministry said on Friday, in the latest sign of growing tensions between major solar product manufacturers.
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Russia, China veto UN Syria sanctions; US calls vote regrettable
msnbc.com
Heavy fighting has been reported close to the Syrian government headquarters in Damascus – a day after a bombing killed President Bashar al-Assad’s key security aides. Britain’s Prime Minister David Cameron has issued him a direct warning; stand down …
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China’s CNPC in talks with Ecuador over $12.5 billion refinery
Reuters
QUITO/HONG KONG (Reuters) – China National Petroleum Corp (CNPC), the country’s biggest oil producer, is in talks with Ecuador’s government over a potential investment in the OPEC-member’s $12.5 billion Pacifico refinery project, an Ecuadorean …
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US terms Russia, China veto in UNSC ‘deplorable’
Hindustan Times
A State Department official said the US is going to remain focused on all elements of its national security strategy in terms of keeping the pressure on the Assad regime. Meanwhile the Anti-Defamation League (ADL) called Russia and China’s veto of a UN …
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China launches US solar dumping probe
AFP
BEIJING — China on Friday started a probe into alleged US dumping of solar products and government subsidies for the sector, the latest volley in a trade row between the world’s top two economies. The Ministry of Commerce will investigate whether US …
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REC regrets the escalation in solar industry trade war and denies any wrongdoing
Reuters
Sandvika, July 20, 2012: REC Silicon has been named a respondent in a trade case filing initiated by Chinese producers against polysilicon imports from United States into China. REC Silicon denies any wrongdoing in this respect and regrets this escalation …
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China Takes Aim At US Solar Polysilicon Imports
EarthTechling
China said Friday it will formally investigate imports of solar-grade polysilicon from the United States – and South Korea, too – ratcheting up the stakes in the solar trade dispute between the countries. The Ministry of Commerce issued two orders – one an …
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Chinese-born American convicted of stealing Motorola trade secrets faces …
Washington Post
CHICAGO — An American software developer caught with more than 1000 confidential Motorola Inc. documents before boarding a flight on a one-way ticket from Chicago to her native China five years ago is due to be sentenced Thursday for trade secrets …
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Asian Stocks Head for Biggest Gain Since June on China, U.S.
San Francisco Chronicle
July 19 (Bloomberg) — Asian stocks rose, with the benchmark index headed toward its biggest gain in almost three weeks, amid speculation China will do more to boost growth and after U.S. housing starts jumped to the highest in four years. The Hang Seng …
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Hollywood joins chorus demanding Team USA uniforms be made in USA
Fox News
LOS ANGELES – When it was revealed last week that the Ralph Lauren designed U.S. Olympic uniforms for the London Games were manufactured in China, political leaders on both sides of the aisle expressed their displeasure. Senate Majority Leader …
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Washington’s Jingoist Reaction to Olympic Uniforms Scandal Fails to Address …
Huffington Post
The torrent of patriotic indignity continued to stream from Capitol Hill this week over the revelation that the American Olympic team’s uniforms, which were designed by American Ralph Lauren, were produced in China. Democratic Lawmakers in Congress on …
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China’s online population rises to 538 million
U.S. News & World Report
BEIJING (AP) — China’s population of Internet users, already the world’s biggest, has risen to 538 million, driven by rapid growth in wireless Web surfing, an industry group said Thursday. The latest figure represents an 11 percent increase from a year earlier, …
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The Record: The China syndrome
NorthJersey.com
CALL IT the bonfire of the banalities, the smoke-spewing indignation from members of Congress upon hearing that the U.S. Olympic team would be sporting ceremonial uniforms made in China. The loss of American manufacturing jobs is something to lament, …
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News Summary: China-born American convicted of stealing Motorola trade secrets
Washington Post
SPY CAUGHT: An American software developer caught with more than 1000 confidential Motorola Inc. documents before boarding a flight from Chicago to her native China five years ago is due to be sentenced for trade secrets theft. MILITARY THREAT?
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Copper gains on China hopes, tracks equities
Reuters
LONDON (Reuters) – Copper hit a two-week high on Thursday, bolstered by expectations that China could announce further monetary easing measures in the second half and by strong corporate earnings which led global equity markets higher, boosting …
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Carney: Russia, China on ‘wrong side of history’
U.S. News & World Report
By KEN THOMAS, Associated Press. ABOARD AIR FORCE ONE (AP) — A frustrated White House declared that Russia and China placed themselves on the “‘wrong side of history” and the “wrong side of the Syrian people” Thursday by vetoing a U.N. …
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Annan urged delay, now hopes UN will act on Syria
U.S. News & World Report
UNITED NATIONS (AP) — Russia and China again vetoed a Western-backed U.N. resolution Thursday aimed at pressuring President Bashar Assad’s government to end the escalating 16-month conflict in Syria. The 11-2 vote, with two … Follow U.S. News …
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Russia, China again veto Syria resolution
USA TODAY
Comments. UNITED NATIONS (AP) – Russia and China again vetoed a Western-backed U.N. resolution Thursday aimed at pressuring President Bashar Assad’s government to end the escalating 16-month conflict in Syria. Russian President Vladimir Putin, …
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Russia, China veto UN sanctions resolution on Syria
Washington Post
UNITED NATIONS –Russia and China on Thursday vetoed a U.S.-backed United Nations Security Council resolution threatening the Syrian government with sanctions, upending four months of diplomacy aimed at stemming a crisis that has left more than …
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Russia, China veto UN Security Council resolution on Syria
Reuters
UNITED NATIONS (Reuters) – Russia and China vetoed a U.N. Security Council resolution on Thursday that threatened Syrian authorities with sanctions if they did not halt violence against an uprising, thwarting Western hopes for tough action as the crisis in …
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China-Made US Olympic Uniforms Spark Controversy
Voice of America
In the U.S. Congress, more outrage over the U.S. Olympic team wearing uniforms manufactured in China. Some lawmakers directed their anger this week at the proposed Trans-Pacific Partnership free trade agreement that could lower tariffs on footwear …
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US Automakers See Their Cars Zip in China
The Atlantic
Crowds swarmed the Beijing Auto Show in April but they thronged thickest around foreign-made cars, illustrating the challenge ahead for domestic Chinese manufacturers in the world’s biggest car market. china_domestic_cars_large.jpg. About 20 million new …
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Yum’s profit disappoints, hurt by China costs
Chicago Tribune
Louisville, Kentucky-based Yum is the biggest Western restaurant operator in China, with more than 3900 KFC shops and almost 700 Pizza Hut restaurants, and is widely viewed as a way for U.S. investors to bet on that country. “The earnings miss is because …
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China offers Africa $20 billion in loans
Chicago Tribune
BEIJING (Reuters) – Chinese President Hu Jintao on Thursday offered $20 billion in loans to African countries over the next three years, boosting a relationship that has been criticized by the West and given Beijing growing access to the resource-rich …
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Copper edges up, cheered by China, US housing data
Economic Times
SHANGHAI: Copper rose on Thursday after stronger housing data from the United States and China eased concerns about the impact on demand for industrial metals from a slowdown in the global economy. Prices were also propped up by signs that China …
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METALS-Copper steady after positive US, China housing data
Reuters
SHANGHAI, July 19 (Reuters) – Copper held steady on Thursday after better-than-expected housing data from the United States and China, eased concerns over the impact on demand from a slowdown in the global economy. But investors are expected to …
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US condemns China, Russia for Syria UN vetos
AFP
WASHINGTON — The United States condemned Thursday the “highly regrettable decision” of China and Russia to veto a UN Security Council resolution threatening sanctions against Syrian President Bashar al-Assad. It is a “mistake to prop up that regime,” …
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Hey, Ralph Lauren, sweatshops aren’t chic
Los Angeles Times
If China’s workers were sharing in the full fruits of growth, we would have a much smaller volume of American clothing made there. As it is, more than 98% of the dollar value of the Ralph Lauren clothing line is made abroad, much of it in China. Without more …
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Between Giants: South Korea and the US-China Rivalry
The Atlantic
But nor is the country apparently eager to participate in what many South Koreans see as a U.S. effort to contain China, whose rise has so far benefited their country in many ways. South Korean views are after all shaped by history: not only by the Japanese …
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SE Asia seeks common ground on South China Sea spat
Reuters
U.S. Secretary of State Hillary Clinton attended last week’s summit and called on all parties, including China, to make clear exactly what their claims were in the South China Sea and open multilateral talks, something likely to rile Beijing, the resident …
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Letters: U.S. Olympic uniforms and China
Newsday
I bought a shirt, a hat and a travel coffee mug. The shirt was made in Sri Lanka, the hat in Cambodia, and the mug, long since broken, I believe was made in China. All were sold on a U.S. Navy ship. Why not start there before telling the private sector what to …
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Russia, China veto US-backed Syria resolution for a third time
The Hill (blog)
Russia and China on Thursday vetoed a United Nations resolution calling for sanctions against the government of Syrian President Bashar Assad. It’s the third time the two countries have vetoed sanctions against Assad’s regime since the revolt against his …
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METALS-Copper gains on China hopes, tracks equities
Reuters
China house prices up in June, shows policy traction * U.S. existing home sales falls in June, jobless claims rise (Adds closing prices) By Eric Onstad and Maytaal Angel LONDON, July 19 (Reuters) – Copper hit a two-week high on Thursday, bolstered by …
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Internet usage in China surges 11%
USA TODAY
China is already the world’s largest Internet market, and — driven by increased smartphones sales — that vast ocean of Web users has grown 11% year-over-year to reach 538 million, according to a report from the China Internet Network Information Center …
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Asian Currencies Strengthen on US, China Stimulus Speculation
Businessweek
Asian currencies advanced on speculation policy makers from the U.S. to China will increase economic stimulus measures to support growth, spurring demand for the region’s exports and financial assets. Malaysia’s ringgit reached a two-week high and South …
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Copper gains 1 percent, lifted by housing data, dollar
Reuters
LONDON (Reuters) – Copper climbed more than 1 percent on Thursday, headed for a third day of gains, on a weaker dollar and after stronger housing data from the United States and China bolstered sentiment about demand for industrial metals.
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China shows no support for UN Syria vote, condemns rebel bombing
Christian Science Monitor
… U.S. and European powers over-interpreted a U.N. resolution to attack the government of Moammar Gadhafi, not just protect Libyan civilians. The state-run Global Times newspaper’s Chinese edition said in an editorial Thursday that Beijing should continue …
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Doritos taco eases Yum’s China heartburn
msnbc.com
“The U.S. (business) is much better this year. China has softened a little bit from pretty torrid rates. But that’s the beauty of a portfolio.” Taco Bell had double-digit growth in sales at U.S. restaurants open at least a year, which the company attributed to strong …
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Hermes, Remy Cointreau dampen fears of waning Chinese demand
Reuters
PARIS (Reuters) – The Chinese are still snapping up Birkin bags and rare Cognacs, boosting sales for European luxury goods companies Hermes and Remy Cointreau and calming fears that demand may be cooling. Luxury goods companies have become …
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Sentencing delayed for Chinese engineer who stole Motorola secrets
Chicago Tribune
U.S. District Judge Ruben Castillo in February found Hanjuan Jin guilty of taking more than 1000 confidential documents from the Motorola office where she worked. She was stopped during a random security search at O’Hare International Airport in 2007.
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China Weighs On Yum’s Earnings But U.S. Profits Surged
Forbes
Most investors look at Yum as a proxy for domestic demand in China, but the company also has important operations in other geographies . In the U.S., revenues slid 7% to $818 million but operating profit surged 26% to $166 million. Same store sales were …
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Turtle Bay: Russia, China veto third Security Council Syria resolution
Foreign Policy (blog)
Today, Russia and China vetoed a U.S.-backed resolution threatening the Syrian government with sanctions, upending four months of U.N. diplomacy aimed at stemming a crisis that has left more than 15000 dead and brought the country to the brink of a …
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Fighting Continues in Syrian Capital
Voice of America
Russia and China on Thursday vetoed a U.S.-backed U.N. Security Council resolution that would have imposed non-military sanctions on the Syrian government, putting the future of diplomacy in limbo as fighting continues in Syria. The vote came a day after …
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EU court ruling offers improved China trade ties
Reuters
BRUSSELS (Reuters) – The highest EU court has cleared a Chinese chemicals company of accusations that Beijing was controlling its trade with Europe, in a victory for private Chinese firms who say they are unfairly labeled as subsidized agents of the …
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China 3C Group Becomes Authorized Retailer for US Brand Moshi
MarketWatch (press release)
HANGZHOU, China, July 19, 2012 /PRNewswire via COMTEX/ — China 3C Group (“China 3C”, or “the Company”) (OBB:CHCG) , announced today that it has been appointed as an authorized retailer for Moshi Electronics Trading (Shanghai) Co., Ltd., …
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Copper Rises for Second Day on Speculation About Stimulus Steps
Bloomberg
Copper rose for a second day in New York amid speculation China and the U.S., the world’s two largest users of the metal, may move to stoke their economies. The Federal Reserve is ready to take steps to spur growth “as appropriate,” Chairman Ben S.
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Bang & Olufsen enrolls partners for China growth
Reuters
The Danish company, struggling to recapture its pre-eminence in upmarket stereos and televisions, follows a hoard of luxury brands that have pinned their hopes on China’s growing middle classes to offset weak demand in Europe and the United States.
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Our Olympic uniforms should be made in US
The Daily Advertiser
So no one should be surprised that many Americans were upset to learn the uniforms to be worn by U.S. Olympic Team members at opening ceremonies July 27 are, like so many other products we use every day, made in China. Keen as we are on …
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China’s New Oriental rejects Muddy Waters accounts allegations
Reuters
(Reuters) – New Oriental Education & Technology Group Inc (EDU.N) rejected on Thursday claims by short seller Muddy Waters that the Chinese education firm’s accounts were fraudulent in claiming full ownership of its centers. New Oriental, whose stock …
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Why Asians want to move to the US
CNN
“There have been many thousands upon thousands of Chinese students attracted to the U.S. for studies,” said Yeung Yue-Man, Emeritus Professor at the Chinese University of Hong Kong who specializes in development patterns. “This trend has been …
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White House: Russia-China veto on Syria “highly regrettable”
Reuters
ABOARD AIR FORCE ONE (Reuters) – The White House on Thursday criticized the vetoes of Russia and China of a U.N. Security Council sanctions resolution against Syria as “highly regrettable” and “highly unfortunate” and said it meant a U.N. observer …
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US Adds to Review of Chinese Listings
Wall Street Journal
BEIJING—A probe by U.S. regulators into one firm’s use of a common corporate structure used by U.S.-listed Chinese stocks threatens to further complicate life for Chinese companies at a time many U.S. investors already are wary. Beijing-based education …
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Wake up America: Olympic scandal reveals true cost of cheap clothes
CNN
The end of the Multi Fiber trade agreement saw the volume of textile imports to the U.S. from China more than double from 2004 to 2011. The phasing out of quota arrangements has led to the loss of millions of textile and garment jobs in industrialized and …
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US SEC delays court action seeking Deloitte China audit papers
Reuters
SEC seeks six-month extension, in talks with Chinese regulators * SEC seeking audit work papers for China-based companies * SEC seeking Deloitte papers in connection with Longtop By Aruna Viswanatha and Dena Aubin July 18 (Reuters) – The U.S. …
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U.S. Olympians’ outfits are fine
Philadelphia Inquirer
China’s state-run Xinhua News Agency condemned the “narrow nationalism and ignorance” of the U.S. lawmakers. Other critics have correctly blasted the flap as much ado about nothing — and perhaps more to do with election-year posturing. The U.S. …
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Australia Shares Drop 0.4% Amid US, China Stimulus Concern
Wall Street Journal
SYDNEY–The Australian share market was weighed down by the resources sector Wednesday, amid concern that global growth would remain weak in the absence of decisive policy stimulus from the U.S. and China. BHP Billiton fell 2% despite …
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Visa, MC still face hurdles in China after WTO ruling
Reuters
HONG KONG (Reuters) – U.S. bank card suppliers looking to take on China UnionPay in its home market after the WTO ruled Beijing illegally favors the state-owned network will be battling a deeply entrenched incumbent with 2.5 billion cards in circulation …
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Yellow Card for Chinese Rebalancing
Wall Street Journal
An arbitration panel of that body this week ruled that China must allow greater market access to foreign credit-card processing companies, such as Visa and MasterCard. Despite some spin to the contrary, the decision is a major victory for the U.S. in an …
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Jobs coming home
New York Post
News of our Olympic team’s uniforms being made in China has prompted Sen. Chuck Schumer and others to fulminate anew about exporting jobs. But the future’s going to look very different: It’s China that’s going to be worrying about losing jobs to us in the …
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METALS-Copper up on US housing; demand fears cap gains
Reuters
U.S. housing starts rise at fastest pace in more than 3 years * Euro drops versus dollar on Merkel comments * Global growth fears, China demand worries cap gains By Harpreet Bhal and Eric Onstad LONDON, July 18 (Reuters) – Copper rose on Wednesday …
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US companies may bid on South China Sea projects
MarketWatch
BEIJING–U.S. companies may bid for offshore projects in the South China Sea, state-run newspaper China Daily reported Wednesday, citing the chairman of China National Offshore Oil Corp., China’s largest offshore oil and gas producer by capacity.
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Wendy N. Powell: US Olympic team in Chinese gear sign it’s time for tariffs …
TCPalm
One thing you can be sure of: Our U.S. Olympic team is true blue — that is red, white and blue under sheep’s clothing. Breaking news: Their opening ceremony uniforms were made in China with a French beret on top. Could these uniforms designed by Ralph …
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How You Can Make ‘Made in America’ Cool Again
Forbes
Ralph Lauren’s decision to manufacture the uniforms they are providing to the U.S. Olympic team in China sparked criticism on Capitol Hill and across the country last week. Many media sources reacted, as well, with arguments on why Ralph Lauren should or …
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Chinese companies see profits plunge amid slowdown
U.S. News & World Report
China’s expansion is still far more robust than the United States and Europe but its companies have come to depend on unusually high growth to stay profitable. Industries that rely on demand for new factories and equipment have been hurt as struggling …
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Chinese activist Chen Guangcheng to publish memoir
Chicago Tribune
LOS ANGELES (Reuters) – Chinese activist Chen Guangcheng, a blind dissident who left his country after seeking refuge in the U.S. Embassy, will publish a memoir next year, his publisher said on Tuesday. In April, Chen made headlines worldwide when, …
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Olympics: Uniforms from China?
Charleston Gazette
So it was galling to learn that the U.S. team’s ceremonial uniforms were made in China. Good grief. Is the U.S. Olympic Committee so blind to patriotism that it didn’t demand garments made by American workers? Did it fail to consider feelings of U.S. sponsors …
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Weigh in on U.S. Olympic Uniforms Made in China
Patch.com
Lawmakers from both sides of the aisle, including one from Long Island, criticized the U.S. Olympic Committee this week for outfitting the U.S. team in Ralph Lauren uniforms made in China. Rep. Steve Israel, D-Huntington, urged the not-for profit USOC to …
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China touts relations with Africa amid grumbling
U.S. News & World Report
By GILLIAN WONG, Associated Press. BEIJING (AP) — China touted its close relations with Africa on Wednesday ahead of talks with the continent’s senior officials even as some African countries grumble about problems that come from being locked in a tight …
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Mark Carney takes dimmer view of US, Europe, China
Globe and Mail
The Bank of Canada has cut its growth projections for the United States, Europe, China and the global economy and warns that world prices for oil, Canada’s most lucrative export, could be “substantially weaker” through 2014 than it was expecting three …
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Dell CEO upbeat on China despite slowdown
Reuters
ASPEN, Colorado (Reuters) – Dell Inc Chief Executive Officer Michael Dell said he remains upbeat about emerging markets such as China, its largest market outside the United States, despite “challenges” and a business slowdown. China, which accounts for …
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Congress demands made-in-USA Olympic team uniforms
Mother Nature Network
Their broadside follows last week’s revelation that Team USA‘s uniforms for the London games, styled by iconic American designer Ralph Lauren, are made in China, the principal source of garments imported into the United States. “We are outraged,” began …
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U.S. Treasury to Press China on Trade, Yuan Policy
NASDAQ
U.S. Treasury to Press China on Trade, Yuan Policy. WASHINGTON–The U.S. will use “all appropriate tools and leverage” to ensure China adopts and abides by fair trade and currency policies, a senior Treasury Department official said Wednesday. “China’s …
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Copper up on US housing; demand fears cap gains
Reuters
In addition, China — the world’s biggest copper consumer — faces its slowest growth in three years, raising concerns about the outlook for demand. “Everyone is concerned about what is going on in Europe and also about the U.S. where economic numbers …
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U.S. Treasury: To Press China for More Trade, Yuan Policy Progress
NASDAQ
WASHINGTON–The U.S. will use “all appropriate tools and leverage” to ensure China adopts and abides by fair trade and currency policies, a senior Treasury Department official said Wednesday. “China’s economy is now too large for it to pick and choose …
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TSX moves up amid US housing data, weak profit outlook in China
Proactive Investors USA & Canada
The TSX higher on US housing data and Fed hopes, amid worries over a slumping profit outlook in China. The Toronto stock market moved up Wednesday on strong US housing data and Fed hopes, amid worries over a slumping profit outlook in China.
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Moms Talk: Should U.S. Olympic Uniforms Be Made in China?
Patch.com
A bigger issue it seems, is that these uniforms were made in China. Average Joes and lawmakers alike made their anger about this known in interviews on TV and online. And with 600000 American manufacturing jobs currently vacant, it would have been a …
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China investment in US sought despite anti-Beijing sentiment
Washington Examiner
Former Treasury Secretary Hank Paulson, shown with former Chinese ambassador to the United States Zhou Wenzhong, wants the U.S. to put out the welcome mat to China investment. (Photo by ChinaFotoPress/Getty Images). Forget the furor over China …
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TSX advances amid strong US housing data, weak Chinese profit outlook
Financial Post (blog)
Traders also looked to a report of a deteriorating business climate in China, a second day of testimony before Congress by U.S. Federal Reserve chairman Ben Bernanke and the release of the central bank’s so-called Beige Book, its regional study of …
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Copper rises; gains seen limited
Reuters
Also weighing on prices are nagging worries over the global economy, which is battling with a triple whammy of a shaky U.S. recovery, a fermenting euro zone debt crisis and slowing growth in China. Highlighting mounting concerns about China’s sagging …
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Lipinski Introduces Bi-Partisan House Bill Requiring U.S. Olympic Committee To …
Patch.com
With many suburban residents still unemployed, should the U.S. Olympic Committee have off-shored American jobs to make team uniforms for American athletes in China? Read the story, then take the poll. By Lorraine Swanson; Email the author; 6:00 am …
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Car Sales in China, U.S. Expected to See Massive Increase by 2015
Auto World News
Sales statistics show that in 2011, sales of light-weight vehicles in U.S. stood at 12.8 million, a whopping increase of 10.3 percent in 2012, according to Autodata. Its research reports predict that car sales may rise 12 percent to 14.3 million in 2012 and 3.5 …
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Louis Vuitton lures China’s super-rich with custom leather “art”
Reuters
China is the world’s third biggest market for personal luxury goods, worth at least 160 billion yuan ($25 billion). In the next three years, it is expected to leapfrog over Japan and the United States to take the top spot, with the luxury segment expanding to 180 …
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SEC delays court action seeking Deloitte China audit papers
Chicago Tribune
The SEC has been investigating dozens of China-based companies listed in the U.S. for accounting irregularities, but those inquiries have stalled amid difficulties in obtaining documents from Chinese auditing firms. In July 2012, the SEC said, Chairman Mary …
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China Raises Treasury Holdings First Time in Three Months
Businessweek
“From China’s perspective, U.S. Treasuries are of much lower risk compared with holding European bonds,” said James Su, who oversees $50 million of fixed income assets as a fund manager at SinoPac Asset Management in Hong Kong. “It’s also linked to …
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Chinese Subsidies Led to Abound’s Failure, Chief Tells Congress
Bloomberg
Abound Solar Inc., a solar-panel maker that shut after borrowing $70 million from the U.S., couldn’t compete with Chinese companies selling items below production costs, the company’s ex-chief executive said. As panel prices fell 50 percent in a year amid …
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Should US Olympic uniforms be made in America?
Sun-Sentinel
The dispute is over the “Made-in-China” label on the uniforms the team will wear in the opening ceremony parade. Team USA’s uniforms were made in the communist People’s Republic. Including – gasp! – the beret. That has members of Congress more …
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US firms may join CNOOC oil plans
China Daily
US companies may bid for oil exploration projects in the South China Sea, China’s largest offshore oil explorer, China National Offshore Oil Corp, said on Tuesday. “US companies are displaying interest in bidding for the oil and gas projects, which have been …
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METALS-Copper steadies; growth, demand fears cap gains
Reuters
(Removes incorrect reference to copper price falls of more than 1 pct on Tuesday) * Euro drops versus dollar on Merkel comments * Global growth fears, China demand worries cap gains * Coming up: U.S. housing starts at 1230 GMT By Harpreet Bhal …
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South China Sea disputes unsolvable in short term: ex-US envoy
Focus Taiwan News Channel
Taipei, July 18 (CNA) Former U.S. Ambassador to China Jon Huntsman Jr. said Wednesday sovereignty disputes in the South China Sea will not be resolved in the short term, adding that a code of conduct beingdeveloped by Southeast Asian countries will …
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