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Keyword: china

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  • China, El Salvador, Honduras and Guatemala have “fundamental rights” but not America?

    07/31/2014 7:29:12 AM PDT · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 07/31/14 | Judi McLeod
    The lay-down-and-play-dead spirit being spread throughout the U.S. military under President Barack Obama’s watch now includes an open door for a Chinese spy ship trailing the Rim of the Pacific (RIMPAC) exercise currently underway off the coast of Hawaii.
  • China’s perilous tangle of military and economic fortunes

    07/29/2014 5:57:09 PM PDT · by Lorianne · 7 replies
    Financial Times ^ | 28 July 2014 | Robert D Kaplan
    High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/dbe55adc-140d-11e4-b46f-00144feabdc0.html#ixzz38uQ4ms5q Two debates are under way over China. The first, about Beijing’s aggression in the South and East China seas, is between naval strategists and diplomats who know little about economics. The second, about the fragility of the Chinese economy, is between economists who know little about naval strategy and diplomacy. These debates should intersect but they rarely do. In one, China...
  • Terrorist attack leaves dozens dead and wounded in China

    07/29/2014 2:49:13 PM PDT · by BenLurkin · 14 replies
    latino.foxnews.com ^ | July 29, 2014/
    Dozens of people were killed or wounded in a terrorist attack in Kashgar prefecture in a new episode of violence in China's conflict-ridden northwestern Xinjiang region, the official Xinhua news agency reported Tuesday. The attack, which was not reported until Tuesday, began on Monday near the police station and other government buildings in the town of Elixku, where a group of people armed with knives carried out a series of assaults. Later, some of the attackers headed for the nearby town of Huangdi, where they stabbed civilians and destroyed about 30 vehicles, "killing dozens of Uighurs and Han Chinese," police...
  • China's navy no longer so inferior to Japan's, experts say

    07/29/2014 3:54:05 AM PDT · by sukhoi-30mki · 15 replies
    South China Morning Post ^ | Sunday, 27 July, 2014
    China's loss of the first Sino-Japanese war has been attributed to a disorganised navy. Although the northern fleet equalled, some say exceeded, the Meiji navy in terms of firepower, it was annihilated because it lacked coordination among its military units. Today while Japan's navy may have a qualitative advantage over China's, the People's Liberation Army is catching up, analysts say. In sheer manpower, China has the upper hand, with Beijing putting the PLA Navy's strength at 235,000, or more than five times the number in the Japan Maritime Self-Defence Force. But the Japanese navy has being training with modern warfare...
  • Delta passengers outraged when child poops on airplane seat

    07/28/2014 2:53:46 PM PDT · by artichokegrower · 65 replies
    San Francisco Chronicle ^ | July 28, 2014 | Amy Graff
    Passengers on a Delta Airlines flight from Beijing to Detroit last week were horrified when a Chinese child squatted on his seat and proceeded to defecate, World News, a U.S.-based, Chinese-language news site, reports. The child’s parents spread newspaper on the seat to catch the waste.
  • Unguarded Comments Suggest Kerry Frustration At Civilian Toll In Gaza [Lashes At Gaza Operation]

    07/20/2014 10:08:17 AM PDT · by Steelfish · 16 replies
    Guardian (UK)R ^ | July 20, 2014 | Dominic Rushe
    Unguarded Comments Suggest Kerry Frustration At Civilian Toll In Gaza • 'It's a hell of a pinpoint operation' captured on open microphone Dominic Rushe in New York 20 July 2014 The secretary of state, John Kerry, on Sunday appeared to criticise Israel’s claims about the targeted scope of its attacks on Gaza, as a open microphone caught him talking to an aide ahead of a TV interview. “It’s a hell of a pinpoint operation, it’s a hell of a pinpoint operation,” Kerry, who was appearing on Fox News Sunday as part of a tour of all five main US talkshows,...
  • In Chinese shadow, Hong Kong fights for its future

    07/26/2014 5:44:32 AM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Jul 26, 2014 2:00 AM EDT | Kelvin Chan and Jack Chang
    As skyscrapers around Hong Kong harbor erupted into a reverie of laser beams and giant digital displays during their synchronized nightly light show, one innocuous 28-story building near the water’s edge had stayed dark for months, clad in bamboo scaffolding for a face-lift. Then, in June, the renovated tower came to life, flashing giant Chinese characters that some in Hong Kong saw as a warning. “People’s Liberation Army,” it said.Many in this prosperous city had already feared that Hong Kong’s future as an open society as well as a semi-autonomous part of China was in jeopardy in the face of...
  • UN: A Club in Need of Higher Standards

    07/25/2014 9:25:44 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | July 25, 2014 | Jonah Goldberg
    As legend has it, Groucho Marx sent the Friars Club a telegram that read, "Please accept my resignation. I don't care to belong to any club that will have me as a member." At least the Friars Club had standards. What to make of the United Nations? It has a single criterion for membership: existence. Admittedly, this is an unattainable standard for such fictional realms as Westeros, Erewhon, Kreplakistan and numerous locales from the TV series "MacGyver" (Gnubia, Kabulstan et al.). But if you're a nation-state that actually exists, you're a shoe-in, like Kate Upton trying to get into a...
  • Where China Goes To Outsource Its Own Soaring Labor Costs

    07/25/2014 7:01:23 AM PDT · by SeekAndFind · 14 replies
    Zero Hedge ^ | 07/25/2014 | Tyler Durden
    30 years ago, the great outsourcing wave took millions of US low-skilled jobs and planted them right in the heart of China, which was about to undergo the fastest industrialization-commercialization-financialization experiment in history. $26 trillion in bank assets later, the world's biggest housing bubble, and a teetering financial system that every day depends on Beijing making the correct central-planning decision (of kicking the can one more day, of course) or else the biggest financial collapse in history will take place, all lubricated by years of inflation in everything and most certainly wages, and suddenly outsourcing jobs in China is...
  • U.S. dismisses Russian concern about THAAD system in S. Korea

    07/24/2014 10:41:06 PM PDT · by TigerLikesRooster · 19 replies
    Korea Herald ^ | 2014-07-25
    U.S. dismisses Russian concern about THAAD system in S. Korea 2014-07-25 10:44 The United States said Thursday an advanced missile defense battery it plans to deploy to South Korea is not aimed at Russia, after Moscow expressed concern that the system would negatively affect the regional situation and provoke an arms race. The U.S. military plans to bring a Terminal High-Altitude Area Defense (THAAD) missile defense battery into South Korea to help deter threats from North Korea. The U.S. has conducted a site survey for the system, though no decision has been announced as to where to put it. Russia's...
  • Switzerland, China agree swap boosting role of yuan

    07/24/2014 5:30:45 AM PDT · by wetphoenix · 1 replies
    AFP via Yahoo! ^ | July 21, 2014 6:51 AM
    Geneva (AFP) - The Swiss and Chinese central banks signed a currency swap agreement in Beijing on Monday, marking an important step in the development of a market for yuan in Switzerland, the Swiss central bank BNS said. The agreement, highlighting steps towards international use of the yuan, ensures that Swiss francs will be available in China and that yuan, also known as renminbi, will be supplied to financial centres in Switzerland. The BNS statement said that the agreement was "an important step" for the renminbi business in Switzerland. The agreement permits the two central banks to buy up to...
  • China’s Mega Warship Plans Become Clearer With New Photos

    07/24/2014 3:13:36 AM PDT · by sukhoi-30mki · 27 replies
    Popular Science ^ | 07.23.2014 | Jeffrey Lin and P.W. Singer
    Five months after the first pictures surfaced in February 2014, the Type 055 cruiser testing rig at Wuhan has taken significant steps towards completion. The advantages of a land based test rig allow Chinese naval engineers to make cheaper adjustments and modifications to the electronics, compared to rebuilding an expensive cruiser on sea trials. Once launched, the Type 055 cruiser will be among the world's most powerful surface combatant warships, giving the People's Liberation Army Navy (PLAN) a multipurpose warship useful for both blue water expeditionary warfare and anti-access/area denial missions. While much scaffolding remains, the photos show recent additions...
  • Israel to be investigated for possible 'war crimes' over Gaza raids

    07/23/2014 2:47:44 PM PDT · by 2ndDivisionVet · 27 replies
    The London Express ^ | July 23, 2014 | Cyril Dixon
    Navi Pillay said Tel Aviv's two-week onslaught on Gaza - which has cost more than 650 Palestinians lives - would be thoroughly investigated. Ms Pillay, UN High Commissioner for Human Rights, said the attacks have destroyed houses and hospitals and killed civilians. "These are just a few examples where there seems to be a strong possibility that international humanitarian law has been violated, in a manner that could amount to war crimes. "Every one of these incidents must be properly and independently investigated." According to Gaza officials, 475 houses have been destroyed and 2,644 damaged, while 46 schools, 56 mosques...
  • U.N. launches probe into alleged Israeli crimes in Gaza

    07/23/2014 2:35:58 PM PDT · by illiac · 13 replies
    MSN News ^ | 7/23/14 | By Stephanie Nebehay and Tom Miles of Reuters
    GENEVA, July 23 (Reuters) - The United Nations on Wednesday launched an international inquiry into human rights violations and crimes that may have been committed by Israel during its military offensive in the Gaza Strip. The U.N. Human Rights Council condemned the Israeli assault which it said had involved "disproportionate and indiscriminate attacks", including aerial bombing of civilian areas, collective punishment, and the killing of more than 650 Palestinians. At the end of an emergency session, the 47-member forum adopted a resolution presented by Palestinians by a vote of 29 states in favor, 1 against (the United States) with 17...
  • China meat scandal spreads to Japan in Chicken McNuggets

    07/22/2014 11:21:59 PM PDT · by 2ndDivisionVet · 13 replies
    Shanghai (AFP) - A scandal involving expired meat sold by a China unit of US food supplier OSI Group spread to Japan Tuesday, as McDonald's confirmed that the now shut factory provided Chicken McNuggets to its restaurants. Shanghai authorities on Sunday shut an OSI plant -- a supplier to McDonald's and KFC in China -- for mixing out-of-date meat with fresh product, re-labelling expired goods and other quality problems following an investigative report by a local television station. A Tokyo-based spokesman for McDonald's Japan told AFP the restaurant chain had sourced about 20 percent of its McNuggets from the Shanghai...
  • China cracks down on online rumors, porn

    07/22/2014 8:11:13 PM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Jul 22, 2014 9:46 PM EDT
    Chinese authorities have tightened already rigorous Internet controls by cracking down on online pornography and what state media called “rumormongers” and “slanderous content.” […] Xinhua said the government would also increase punishments for spreading rumors online, although it didn’t specify how it would do that. Already, Chinese courts can sentence people for up to three years in prison for writing online comments deemed defamatory. As part of the new campaign, the government has shut down websites and punished nearly 40 people it called rumormongers. …
  • McDonald’s, KFC face new food scandal after workers serve food off floor

    07/21/2014 1:16:57 PM PDT · by driftdiver · 49 replies
    NYPost ^ | July 21, 2014 | Reuters
    McDonald’s Corp. and Yum Brands Inc. are facing a new food safety scare in China, denting the fast food giants’ efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets. McDonald’s and KFC-parent Yum apologized to customers on Monday after Chinese regulators shut a local meat supplier following a TV report that showed workers picking up meat from a factory floor, as well as mixing meat beyond its expiration date with fresh meat. The firms said they’ll stop using the supplier. The report, which focused on McDonald’s and Yum,...
  • Indian PM says India won’t take sides as Gaza toll rises to 518

    07/21/2014 7:50:15 AM PDT · by Cronos · 14 replies
    Times of India ^ | 21 July 2014 | PTI
    Asserting that India's policy on Palestine issue remains unchanged, government on Monday refused to take sides over the Gaza conflict as it said Israel and Palestine should have peace talks and forestalled a resolution in Rajya Sabha which was demanded by the opposition. External affairs minister Sushma Swaraj said the House should not be divided but send out a joint message that wherever there is violence, it is condemnable and both Israel and Palestine should accept Egypt's offer of peace talks. She was replying to a short-duration debate on Gaza situation during which opposition condemned the violence in Gaza, pressed...
  • China suspends McDonald's and KFC's meat supplier

    07/21/2014 7:42:08 AM PDT · by Oldeconomybuyer · 18 replies
    BBC News ^ | July 21, 2014
    Chinese branches of fast food chains, including McDonald's and KFC, have stopped using meat from a supplier in Shanghai following allegations it sold them out of date meat. According to Xinhua, the state-owned news agency, authorities in Shanghai have ordered the suspension of operations at Shanghai Husi Food Co. Reports by local media said that Husi had re-processed expired meat products. McDonald's and KFC said they had stopped using meat from Husi. In a statement posted on its website, translated from Mandarin, the Shanghai Municipal Food and Drug Administration said it had "decided to investigate claims of the alleged use...
  • China: Giant yellow rubber duck swept away in flood

    07/20/2014 8:58:56 AM PDT · by NormsRevenge · 13 replies
    BBC News ^ | 7/18/14 | BBC
    A giant yellow rubber duck floating on Nanming River in China's south-west Guizhou Province has reportedly been swept away by floodwaters just months after it exploded on display in Taiwan. The 18m (59ft) sculpture by Dutch artist Florentijn Hofman disappeared around 19:00 local time on Wednesday, after the city saw days of heavy rainfall, the Taiwan-based Want China Times reports. Even though the duck weighs 1 tonne, and was sitting on a 10 tonne metal platform lashed to the riverbed with steel wires, it was easily dislodged by the storm. "The duck flopped over and was flushed away really quickly...
  • Typhoon Rammasun Heads for China After Lashing Philippines, Killing at Least 38

    07/19/2014 1:12:02 AM PDT · by nickcarraway · 1 replies
    ABC (Australia) ^ | Fri 18 Jul 2014
    China's southern regions are bracing for a powerful typhoon that has ripped through the Philippines, killing dozens and forcing more than 400,000 people to flee their homes. The official death toll from Typhoon Rammasun has climbed to 38, the National Disaster Risk Reduction and Management Council said on Thursday. Ten people have been injured and eight are missing. Typhoon Rammasun made landfall in the Philippines on Tuesday, just eight months after Super Typhoon Haiyan devastated parts of the country in November 2013. The eye of Typhoon Rammasun passed south of Manila after cutting a path across the main island of...
  • China Home Prices Fall in Record Cities (Is China's Housing Bubble Bursting?)

    07/18/2014 9:40:12 AM PDT · by MRourke85 · 7 replies
    Confounded Interest ^ | 07/18/2014 | Anthony B. Sanders
    China’s new-home prices fell in a record number of cities tracked by the government as developers cut prices to boost sales volume, signaling curbs will be relaxed in more cities. Prices fell in 55 of the 70 cities last month from May, the National Bureau of Statistics said in a statement today, the most since January 2011 when the government changed the way it compiles the statistics. Prices in Shanghai and the southern city of Guangzhou fell 0.6 percent each from May, the biggest drop since January 2011, while they declined 0.4 percent in Shenzhen. Prices fell 1.7 percent in...
  • Fledgling pro-life movement in China picking up steam

    07/17/2014 8:56:16 AM PDT · by wagglebee · 6 replies
    LifeSiteNews ^ | 7/17/14 | Dustin Siggins
    In China there are a reported 13 million abortions every year. The government's one-child policy pushes parents into killing their children or paying backbreaking fines, and speaking out against China's abortion policies brings unwanted attention from officials and possible fines or imprisonment. However, some pro-life activists, including clergy, have decided the risk is worth it. "More and more Chinese churches are awakening about the Bible's teaching on the murderous nature of abortion, even forced abortion, and engaging the movement to protect life." According to a report from WORLD Magazine, the pro-life movement in China is small but growing. Priests and...
  • Chinese Internet Giant Could Win Largest Ever U.S. Initial Stock Offering

    07/16/2014 9:37:41 AM PDT · by PoloSec · 7 replies
    The Free Beacon ^ | July 16 2014 | Daniel Wiser
    A Chinese Internet giant is expected to win approval from the Securities and Exchange Commission (SEC) for potentially the largest ever U.S. initial stock offering despite a myriad of investment and security risks posed by the IPO, critics say. Alibaba Group Holding Ltd., a Chinese company whose online retail sales exceed those of U.S. competitors, such as Amazon or Ebay, currently awaits SEC approval for the stock sale that could raise as much as $20 billion. The SEC has assented to several IPOs of Chinese companies with similar corporate structures since 2000. However, critics of the offering say the potential...
  • Ancient Chinese town’s Ming dynasty buildings under water

    07/16/2014 8:01:23 AM PDT · by Olog-hai · 11 replies
    Daily Telegraph (UK) ^ | 10:06AM BST 16 Jul 2014 | (AFP)
    One of ChinaÂ’s renowned ancient towns was under water on Wednesday as heavy rain hit the centre of the country, with tens of thousands of people evacuated from the area. The old town district of Fenghuang nestles on the banks of a winding river in a picturesque, mountainous part of Hunan province, and boasts stunning Qing and Ming dynasty architecture dating back hundreds of years. [Â…] According to ChinaÂ’s official Xinhua news agency, the Tuojiang river in the town had reached 1.1 meters above its previous highest recorded level, and several bridges had been damaged or destroyed. Â…
  • China Removes Contentious Oil Rig From Waters Claimed by Vietnam

    07/16/2014 5:47:29 AM PDT · by Cringing Negativism Network · 6 replies
    Time ^ | 4:40 AM 7/16 | David Stout
    On Tuesday, the state-backed China Oilfield Services Limited said the billion-dollar platform, which had been drilling in the heart of highly contested waters claimed by Vietnam, had “precisely extracted the related geological data as planned” and was being redeployed to sea blocks off China’s Hainan Island. (Please see full article at link)
  • China tells U.S. to stay out of South China Seas dispute

    07/15/2014 9:09:45 AM PDT · by mojito · 7 replies
    Reuters ^ | 7/15/2014 | Ben Blanchard
    China told the United States on Tuesday to stay out of disputes over the South China Sea and leave countries in the region to resolve problems themselves, after Washington said it wanted a freeze on stoking tension. Michael Fuchs, U.S. deputy assistant secretary of state for Strategy and Multilateral Affairs, said no country was solely responsible for escalating tension in the region. But he reiterated the U.S. view that "provocative and unilateral" behaviour by China had raised questions about its willingness to abide by international law. China claims 90 percent of the South China Sea, which is believed to contain...
  • John Kerry Plays Guitar in China; Experts Critique His Chops — Video

    07/13/2014 5:11:32 PM PDT · by ConservativeStatement · 23 replies
    Guitar World ^ | July 11, 2014 | Damian Fanelli
    Yesterday, Secretary of State John Kerry showcased his guitar-playing skills when he hosted a lunchtime jam session during talks with officials in Beijing, China. In the Wall Street Journal news item about the performance, which was posted last night, reporter Sarah Larimer reached out to two guitar "experts," asking them to comment on Kerry's skills.
  • The BRICs Are Morphing Into An Anti-Dollar Alliance (Obama/Putin working together to kill US dollar)

    07/03/2014 5:04:47 PM PDT · by free_life · 8 replies
    http://www.zerohedge.com ^ | 07/02/2014 | Tyler Durden
    Sergey Glaziev the head of the Russian central bank in her discussion with Vladimir Putin, unveiled an elegant technical solution for this problem and left a clear hint regarding the members of the anti-dollar alliance that is being created by the efforts of Moscow and Beijing. On June 10th, Sergey Glaziev, Putin's economy advisor published an article outlining the need to establish an international alliance of countries willing to get rid of the dollar in international trade and refrain from using dollars in their currency reserves. The ultimate goal would be to break the Washington's money printing machine that is...
  • World View: Australia Joins Japan, Vietnam, Philippines in Opposing China

    07/13/2014 12:32:13 AM PDT · by 2ndDivisionVet · 5 replies
    Breitbart's Big Peace ^ | July 11, 2014 | John J. Xenakis
    ---snip--- Japan, Vietnam and the Philippines have been forming an alliance against China, as China has been moving to annex other countries' territories in the South and East China Seas. Relations between Vietnam and China have become particularly hostile since China deployed an oil rig in Vietnam's exclusive economic zone (EEZ). (See "China's neighbors react to new South China Sea claims" from last week.) Now Australia is signaling that it is also joining this alliance. The change in policy was indicated in a statement by Australia's foreign minister, Julie Bishop, during a visit by Japan's prime minister Shinzo Abe to...
  • Archaeology as a vital US strategic interest

    07/12/2014 7:04:55 PM PDT · by 2ndDivisionVet · 8 replies
    Fox News ^ | July 8, 2014 | Sturt W. Manning
    The year 1776 saw both the U.S. Declaration of Independence and publication of Gibbon’s "The History of the Decline and Fall of the Roman Empire."Today the United States stands on the top of the podium of world powers: however, does a Roman fate await? A visit to the dramatic Pueblo ruins in the American southwest, former home to a complex civilization that abandoned its settlements in the 12th-13th centuries A.D., warns us that circumstances can change, and dramatically. Archeology offers an education in patterns, possibilities and challenges that the U.S. should value and exploit for its future. For the U.S.,...
  • A ‘new Cold War’: China’s top paper warns of ‘slippery slope’ towards conflict with U.S.

    07/12/2014 9:29:10 AM PDT · by Cringing Negativism Network · 9 replies
    The Washington Times ^ | July 12 2014 | Kellan Howell
    As diplomatic talks in China come to a close, one of the country’s biggest newspapers is warning citizens against a “new Cold War” with the United States. Read more: http://www.washingtontimes.com/news/2014/jul/12/new-cold-war-chinas-top-paper-warns-slippery-slope/#ixzz37Gx5rNiO Follow us: @washtimes on Twitter
  • This Chart Explains Why The US Military Is Such A Dominant Global Force

    07/12/2014 5:01:13 AM PDT · by blam · 21 replies
    BI ^ | 7-12-2014 | Brian Jones
    Brian JonesJuly. 11, 2014The single most important contributor to the U.S.'s military dominance is the country's powerful navy, which gives America the ability to project hard power just about anywhere in the world.(snip) (snip)
  • Mexican Peso to be backed With Silver: “Would Unleash a Global Power Shift”

    07/11/2014 6:28:49 PM PDT · by 2ndDivisionVet · 63 replies
    Freedom Outpost ^ | July 11, 2014 | Mac Slavo
    For many Americans the country of Mexico conjures up images of a third world nation. The poverty, lack of basic services, and extreme violence has left the populace so desperate that thousands of people on a daily basis head to the United States for a better life. But according to Future Money Trends, all that could change in the near future as key Mexican financial leaders and politicians have been working to institute sweeping monetary change that, if implemented, could unleash a global power shift of epic proportions. “Take just three or four men out of the ‘anti’ group,” says...
  • California man sentenced to 15 years for espionage (industrial spying for China)

    07/11/2014 10:18:35 AM PDT · by aimhigh · 1 replies
    KPVI News 6 ^ | 07/11/2014 | AP
    A federal judge has sentenced a California chemical engineer to 15 years in prison and fined him $28.3 million for a rare economic-espionage conviction for selling China a secret recipe to a widely used white pigment. U.S. District Court Judge Jeffrey White said Thursday in Oakland that Walter Liew, a naturalized U.S. citizen, had "turned against his adopted country over greed." White noted that U.S. authorities had managed to trace $22 million of the $28 million received by Liew to various Singapore and Chinese companies controlled by Liew's in-laws before losing the trail.
  • Walter Liew, California man, sentenced to 15 years for espionage

    07/11/2014 9:37:18 AM PDT · by Zhang Fei · 8 replies
    Fox News ^ | July 10, 2014 | Fox News
    OAKLAND, Calif. – A California chemical engineer has been sentenced to 15 years in prison and fined $28 million after his rare economic-espionage conviction for selling China the technology that creates a white pigment.
  • Kerry Admits: Iran Negotiations Not Working

    07/10/2014 5:24:29 AM PDT · by SJackson · 18 replies
    FrontPage Magazine ^ | July 10, 2014 | Majid Rafizadeh
    Kerry Admits: Iran Negotiations Not WorkingPosted By Majid Rafizadeh On July 10, 2014 @ 12:35 am In Daily Mailer,FrontPage | No Comments In less than two week, the interim nuclear deal will expire, most likely without a final deal being struck between the Islamic Republic of Iran and the G5+1 (China, France, Russia, the United Kingdom, the United States, and Germany).The Islamic Republic has been given years to come clean and halt its ideological and regional hegemonic ambitions of obtaining nuclear weapons. Nevertheless, the Obama administration believes that we need to give the Islamic Republic another chance, trusting the...
  • Did China Just Crush The US Housing Market?

    07/10/2014 7:08:23 PM PDT · by Nachum · 16 replies
    Zero Hedge ^ | 7/10/14 | Tyler Durden
    A few days ago we finally closed the door on any argument who the marginal buyer in the US luxury housing segment was - the answer: Chinese oligarchs, scrambling to launder their "hot" domestic money abroad (as we predicted first two years ago) and now that Switzerland is no longer a safe offshore venue where one can park cash, they picked US luxury housing as the best money laundering alternative. This means that far from indicating a recovery, as the recent surge in the high end of the US housing segment had long been touted, all the relentless move...
  • American Kids Are Really Bad at Handling Money: Report shows U.S. teens falling behind China

    07/10/2014 10:17:00 AM PDT · by SeekAndFind · 28 replies
    National Journal ^ | 07/10/2014 | Nancy Cook
    Score another one for Chinese teenagers, who leave U.S. kids in their dust when it comes to knowing how to handle money. That's the latest anxiety-producing statistic (for American parents, anyway) to emerge out of a newly released international study of the financial habits of roughly 29,000 teens from countries as far flung as Australia, China, Colombia, France, Israel, Russia, Spain, and the U.S. The goal of this first-ever international study of financial literacy, conducted by the Organization for Economic Co-operation and Development, was to gauge the financial know-how of 15-year-olds worldwide. Many of the teenagers have reached or are...
  • Apple loses China patent case, separate suit against Apple continues

    07/09/2014 11:09:56 PM PDT · by Swordmaker · 18 replies
    Reuters ^ | July 9 Wed Jul 9, 2014 1:27am EDT
    (Reuters) - A Beijing court has ruled against Apple Inc by upholding the validity of a patent held by a Chinese company, clearing the way for the Chinese company to continue its own case against Apple for infringing intellectual property rights. Apple had taken Shanghai-based Zhizhen Internet Technology and China's State Intellectual Property Office to court to seek a ruling that Zhizhen's patent rights to a speech recognition technology were invalid. But the Beijing First Intermediate Court on Tuesday decided in Zhizhen's favour, the People's Daily state newspaper reported on Wednesday.
  • China’s growing assertiveness is transforming Japan’s security policy

    07/09/2014 9:42:03 PM PDT · by Rabin · 8 replies
    Aljazeera, America. ^ | July 9, 2014 6:00AM ET | Jennifer Lind
    Japanese Prime Minister Shinzo Abe announced a decision to reinterpret the Japanese constitution, allowing Tokyo to militarily support partners that are under attack.
  • U.S. to fire early warning shot at China over currency

    07/09/2014 6:11:26 AM PDT · by Cringing Negativism Network · 8 replies
    http://blogs.marketwatch.com ^ | July 7, 2014 | Greg Robb and Alix Hines of the Medill News Service
    The U.S. Treasury is expected to put pressure on China over recent weakness in its currency during high-level meetings in Beijing this week.
  • Chinese Man Guns Down Unidentified Chinese Woman in Tokyo

    07/08/2014 3:14:22 PM PDT · by marktwain · 33 replies
    Gun Watch ^ | 8 July, 2014 | Dean Weingarten
    Photo of Crime Scene It is not often that you read of homicides in Japan that involve firearms.   Firearms are tightly controlled; Japanese are some of the most law abiding people on the planet; and firearms have never been widely available. It is not surprising that when such a homicide occurs, it involves foreigners.  In this case, a Chinese man appears to be the perpetrator and a Chinese woman the victim.   The article assumes that the victim was married to the man, but the police had not identified her.   From japantimes.co: The pair reportedly started to quarrel after entering...
  • China 'won't seek hegemony' says President Xi

    07/08/2014 10:27:10 AM PDT · by robowombat · 5 replies
    Spacewar ^ | June 28, 2014
    China 'won't seek hegemony' says President Xi by Staff Writers Beijing June 28, 2014 Beijing June 27, 2014 - Chinese President Xi Jinping and Myanmar's leader Thein Sein held talks Friday as the relationship between the Asian giant and the longtime international pariah adapts to dramatic political changes. The two shook hands outside Beijing's Great Hall of the People and inspected an honour guard as Thein Sein -- a former general -- was given full military honours, before the pair went inside to begin their talks. Xi noted the four-day trip is Thein Sein's fifth visit to China and third...
  • US to press China on liberalizing high-tech trade

    07/07/2014 12:48:15 PM PDT · by Olog-hai · 4 replies
    Associated Press ^ | Jul 7, 2014 2:50 PM EDT
    The U.S. is looking for concessions from China to kick start international negotiations on liberalizing trade in high-technology products. […] Negotiations to update the 1996 agreement have been snared by China’s desire to protect dozens of new product categories. Some 70 countries participate in the agreement, accounting for much of global trade in that sector. …
  • China thinks it can defeat America in battle

    07/07/2014 9:55:17 AM PDT · by driftdiver · 53 replies
    The Week ^ | July 7, 2014 | David Axe
    The bad news first. The People's Republic of China now believes it can successfully prevent the United States from intervening in the event of a Chinese invasion of Taiwan or some other military assault by Beijing. Now the good news. China is wrong — and for one major reason. It apparently disregards the decisive power of America's nuclear-powered submarines. Moreover, for economic and demographic reasons Beijing has a narrow historical window in which to use its military to alter the world's power structure. ......... The U.S. Navy's submarines — the unsung main defenders of the current world order — must...
  • GSK crisis: Two British fathers face Chinese prison in a tale of corruption and sex

    07/07/2014 6:22:45 AM PDT · by mgist · 5 replies
    Telegraph ^ | 7/2014 | Patrick Sawyer
    A GlaxoSmithKline executive and a British private detective and his wife, who were initially hired by GSK to investigate smears, face prison in a tale akin to a spy mystery The story has all the makings of a sensational spy thriller, from allegations of corruption by one of the world’s biggest pharmaceutical firms and the appearance of a sex tape involving a senior executive, to the arrest of British citizens by a foreign power. It certainly cannot have been what Mark Reilly expected when he was promoted to head-up GlaxoSmithKline (GSK) pharmaceuticals division in China, in 2009. A 25-year veteran...
  • China Bans Ramadan Fasting in Muslim Northwest

    07/06/2014 12:02:10 PM PDT · by nickcarraway · 16 replies
    Chinese authorities are cracking down on religious activities following deadly unrest in the country’s Muslim northwest, banning citizens from fasting during the Islamic holy month of Ramadan. Statements posted Wednesday on websites of schools, government agencies and local party organizations in the Xinjiang region said the ban was aimed at protecting students’ well-being and preventing any official promotion of religion, The Associated Press reported. “No teacher can participate in religious activities, instill religious thoughts in students or coerce students into religious activities,”er
  • U.S. companies feel a chill in China, even as many still rake in profits

    07/06/2014 10:42:32 AM PDT · by Cringing Negativism Network · 4 replies
    The Washington Post ^ | July 4 2014 | Simon Denyer
    A slowdown in China’s breakneck economic growth, stiffer competition from Chinese companies and rising labor costs have combined to cut into the profit margins of U.S. companies operating here. Many executives say they think the playing field is being tipped against them by a government that favors domestic companies, or they complain about being excluded from key sectors of the economy by laws restricting foreign investment. Meanwhile, hazardous levels of air pollution here make it increasingly hard to recruit foreign executives.
  • PLA YJ-12 missile the most dangerous threat to US Navy: US expert

    07/06/2014 6:08:44 AM PDT · by sukhoi-30mki · 30 replies
    WantChinaTimes ^ | 2014-07-05
    In an article written for the Washington-based military website, War on the Rock, Robert Haddick, an American military analyst said that the People's Liberation Army Navy's YJ-12 anti-ship cruise missile is the most dangerous threat to the US Navy in the Western Pacific. On page 40 of the Military and Security Developments Involving the People’s Republic of China 2014 published by the Pentagon for congress indicated, this cruise missile provides an increased threat to naval assets, due to its long range and supersonic speeds. In addition, the YJ-12 is capable of being launched from PLA Navy Air Force's H-6 strategic...