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Keyword: china

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  • U.S. Treasury Official Slams China's 'Non-Market Behavior' (Gigantic Communist system)

    02/21/2018 8:36:34 PM PST · by cba123 · 9 replies
    US News ^ | Feb. 21, 2018 | By David Lawder
    WASHINGTON (Reuters) - The U.S. Treasury's top diplomat ramped up his criticisms of China's economic policies on Wednesday, accusing Beijing of "patently non-market behavior" and saying that the United States needed stronger responses to counter it. David Malpass, Treasury undersecretary for international affairs, said at a forum in Washington that China should no longer be "congratulated" by the world for its progress and policies. "They went to Davos a year ago and said 'We're into trade,' when in reality what they’re doing is perpetuating a system that worked for their benefit but ended up costing jobs in most of the...
  • Chinese Wreckers Inflicted 50 Millions Rubles in Damage in a Pacific Federal District Indicted

    02/21/2018 7:42:23 PM PST · by NorseViking · 4 replies
    The damage from the actions of citizens of PRC in Primorye amounted to more than 50 million rubles. They face a lengthy imprisonment if convicted. Citizens of China are jailed before trial in Primorye for attempting to illegally export a large batch of wild animal parts, including the endangered Amur tiger, as well as firearms, ammunition and amber to the PRC, PRIMPRESS reports citing the press service of the Amur Tiger Protection Center. According to the experts, the main part of the contraband are the derivatives of at least five individuals of the Amur tiger (clad skins, 18 claws, bones...
  • FBI: Partygoer broke off 2,000-year-old statue's thumb, took it home after selfie shot

    02/20/2018 1:02:35 PM PST · by rightwingintelligentsia · 36 replies
    Cox Media via WPXI ^ | February 20, 2018 | Natalie Dreier
    PHILADELPHIA - A statue that stood guard, buried and undamaged for more than 2,000 years, couldn’t contend with a man at a private party in Philadelphia who just had to sneak off and take a selfie, according to multiple media reports. The man, later identified as Michael Rohana, 24, was seen in a restricted area at the Franklin Institute during a party on Dec. 21 that was held after-hours at the museum, The New York Times reported. FBI officials said Rohana used his cellphone’s flash as a light source to see the displays. He then put his arm around one...
  • China flooded US with solar panels before Trump's tariffs (HUGE spike in imports, just before)

    02/19/2018 8:42:51 PM PST · by cba123 · 11 replies
    The Malaysian Reserve ^ | Monday, February 19th, 2018
    NEW YORK • Chinese suppliers flooded the US solar market with panels at the end of last year, as customers sought to avoid paying President Donald Trump’s 30% import tariff. Fourth-quarter deliveries from China were almost 11 times higher than in the first nine months of 2017, according to a report last Friday by Bloomberg New Energy Finance (BNEF). Manufacturers also hauled panels and cells across the border from Mexico, Canada and other countries to beat the import duties that were announced last month. (please see link for full article)
  • Trade Secrets (Good book review, by Clyde Prestowitz)

    02/19/2018 6:33:03 PM PST · by cba123 · 6 replies
    Washington Monthly ^ | Clyde Prestowitz
    Two decades ago, the Harvard political economist Dani Rodrik wrote a book, Has Globalization Gone Too Far?, in which he argued that global trade was creating dangerous fissures in developed nations between the better educated, who prosper under the new regimes, and the less educated, who do not. If not addressed, he warned, these fissures could lead to "social disintegration." As is customary, Rodrik requested an endorsement for the book's back cover from a well-known fellow economist. This person declined the request, not because of significant disagreement with the book's analysis, but because he was worried that Rodrik's book might...
  • Scoop: Skirmish in Beijing over the nuclear football (when Trump was in Beijing)

    02/19/2018 6:00:56 PM PST · by cba123 · 25 replies
    Axios ^ | February 19, 2018 | Johathon Swan
    This happened November 9th. Is just being publicly released now: -- On Thursday Nov. 9, when President Trump and his team visited Beijing's Great Hall of the People, Chief of Staff John Kelly and a U.S. Secret Service agent skirmished with Chinese security officials over the nuclear football. I've spoken to five sources familiar with the events. Here's what happened, as they describe it: When the U.S. military aide carrying the nuclear football entered the Great Hall, Chinese security officials blocked his entry. (The official who carries the nuclear football is supposed to stay close to the president at all...
  • Admiral warns US must prepare for possibility of war with China

    02/18/2018 5:55:03 PM PST · by cba123 · 26 replies
    Eastbound88.com ^ | 02-18-2018 03:47 AM
    The navy admiral nominated to be the next US ambassador to Australia has told Congress America must prepare for the possibility of war with China, and said it would rely on Australia to help uphold the international rules-based system in the Asia-Pacific. In an excoriating assessment of China's increasingly muscular posture in the region, Harry Harris said Beijing's "intent is crystal clear" to dominate the South China Sea and that its military might could soon rival American power "across almost every domain". Harris, soon to retire as the head of US Pacific Command in Hawaii, told the House armed services...
  • Physical Confrontation Involving Gen. Kelly & the 'Nuclear Football' During Trump China Visit

    02/18/2018 4:50:14 PM PST · by mairdie · 59 replies
    Gateway Pundit ^ | February 18, 2018 | Joshua Caplan
    When the U.S. military aide carrying the nuclear football entered the Great Hall, Chinese security officials blocked his entry. (The official who carries the nuclear football is supposed to close to the president at all times, along with a doctor.) A U.S. official hurried into the adjoining room and told Kelly what was happening. Kelly rushed over and told the U.S. officials to keep walking - "We're moving in," he said - and the Americans all started moving. Then there was a commotion. A Chinese security official grabbed Kelly, and Kelly shoved the man's hand off of his body. Then...
  • Admiral warns US must prepare for possibility of war with China

    02/18/2018 12:30:22 AM PST · by blueplum · 15 replies
    The Guardian ^ | 16 Feb 2018 | Ben Doherty
    The navy admiral nominated to be the next US ambassador to Australia has told Congress America must prepare for the possibility of war with China, and said it would rely on Australia to help uphold the international rules-based system in the Asia-Pacific. In an excoriating assessment of China’s increasingly muscular posture in the region, Harry Harris said Beijing’s “intent is crystal clear” to dominate the South China Sea and that its military might could soon rival American power “across almost every domain”. Harris, soon to retire as the head of US Pacific Command in Hawaii, told the House armed services...
  • These Chinese military innovations threaten U.S. superiority, experts say

    02/17/2018 5:06:18 PM PST · by cba123 · 76 replies
    NBC ^ | Feb 17 2018, 4:54 am ET | Eric Baculinao
    BEIJING — The Chinese New Year began with the traditional lighting of firecrackers on Friday, but the country's military has been working on incendiaries on an entirely different scale. Over the past year, the nation that invented gunpowder has been rolling out an array of high-tech weapons that some experts say could threaten the global superiority of the United States. "The U.S. no longer possesses clear military-technical dominance, and China is rapidly emerging as a would-be superpower in science and technology," said Elsa B. Kania, an adjunct fellow at the Center for a New American Security, a Washington think tank....
  • Trump might be close to escalating a trade fight with China

    02/17/2018 4:38:41 PM PST · by cba123 · 19 replies
    Vox ^ | Feb 17, 2018, 2:48pm EST | By Emily Stewart
    The Trump administration is weighing stiff new limits and tariffs on steel and aluminum imports — and China, one of the proposal’s main targets, is warning it might want to think twice. Commerce Secretary Wilbur Ross issued a pair of reports on Friday on a months-long investigation into the national security impacts of steel and aluminum imports to the United States. The measures proposed would cut imports from around the globe in an effort to boost domestic production. China warned the country would take “necessary measures to defend our rights” should President Donald Trump decide to follow Ross’ recommendations. Trump...
  • Iran, Russia, and China's Central Role 'in the Venezuela Crisis'...

    02/17/2018 8:26:49 AM PST · by caww · 3 replies
    Gatestone Institute ^ | Feb. 14, 2018 | Joseph M. Humire
    Prior to any discussion on what to do about Venezuela, a consensus about what led to this crisis needs to be reached. The role of Iran is critical in such a conversation. As in the Syria conflict, Iran's primary role is preparing the Venezuelan battlefield through a range of operations in irregular warfare, using non-state actors and surrogates to gain influence over the population. Strong evidence suggest that Venezuela used its immigration agency to provide Venezuelan identities and documents to several hundred, if not thousands, of Middle Easterners. Without proper vetting and verification measures in place, and a high degree...
  • A Chinese Casino Has Conquered a Piece of America

    02/17/2018 5:41:08 AM PST · by DoodleDawg · 9 replies
    Bloomberg via MSN ^ | 2/17/18 | Matthew Campbell
    Bloomberg via MSN but still Bloomberg, so I assume the retriction on excerpting still stands. Regardless, it's an interesting article.
  • With Blackface and Monkey Suit, Chinese Gala on Africa Causes Uproar

    02/16/2018 7:42:20 PM PST · by blueplum · 52 replies
    NYTimes via msn ^ | 16 Feb 2018 | JANE PERLEZ
    BEIJING — A lavish four-hour Lunar New Year show televised to millions across China on Thursday night set off a flood of indignation with its caricatures featuring blackface and African men in animal suits. The gala, televised by China’s state broadcaster, featured a well-known Chinese actress as an African woman with exaggerated buttocks, a large chest and a face painted black. Carrying a platter of fruit on her head, she was accompanied by an African man dressed as a monkey. {snip}The skit was set in Kenya, home to a new Chinese-built railroad between the capital, Nairobi, and the coastal town...
  • China will soon have air power rivalling the West's (yet we continue to buy everything from there)

    02/16/2018 5:41:08 PM PST · by cba123 · 37 replies
    The Economist ^ | Thu, Feb 15 12:00 PM GMT+7
    THERE is no question which country gets the starring role in “The Military Balance”, the latest annual review of the world’s armed forces by the International Institute for Strategic Studies (IISS), a London-based think-tank. Amid renewed jostling between the world’s great powers, it is the pace of military modernisation in China that stands out. China’s president, Xi Jinping, wants to be able to challenge America’s military might in the western Pacific. He is making big progress. China’s once bloated armed forces are becoming leaner and a lot more capable. They are also benefiting from a defence budget that is growing...
  • Stocks on a roll; Chinese takeover blocked; Coca-Cola earnings

    02/16/2018 4:06:58 AM PST · by cba123 · 11 replies
    CNN Money ^ | February 16, 2018 | by Alanna Petroff
    SmartAsset.com On Thursday, the Dow, S&P 500 and Nasdaq rose between 1.2% and 1.6%. "The S&P 500 has been up more than 1% in four of the last five trading days. This is a feat that has not occurred since October 2011," noted Mike O'Rourke, chief market strategist at JonesTrading. 2. It ain't happening: A Chinese takeover of the Chicago Stock Exchange has been blocked by the U.S. Securities and Exchange Commission. The deal was first announced in February 2016, and had been in regulatory limbo for two years. The SEC said it was unable to obtain all the information...
  • What’s the greatest risk to China’s economy? Look no further than its growing...

    02/16/2018 8:37:56 AM PST · by TigerLikesRooster · 18 replies
    SCMP ^ | 16 February, 2018 | Peter Guy
    What’s the greatest risk to China’s economy? Look no further than its growing corporate and household debt China has been one of the leading generators of debt since 2009, contributing to the latest worries over global inflation that have roiled markets PUBLISHED : Friday, 16 February, 2018, 6:01pm UPDATED : Friday, 16 February, 2018, 6:13pm Few investors study history. And the ones that do, dismiss the lessons as being irrelevant for the current market. Predicting China’s upcoming economic collapse is a popular contrarian viewpoint, but it is not so easy to generate a convenient scenario if you look at data...
  • China overtaking USA in Military strength due to Trade Deficit by Kyle Kenley Kopitke

    02/16/2018 3:52:10 AM PST · by cba123 · 6 replies
    Wordpress ^ | Posted on February 10, 2018 | by Kyle Kenley Kopitke
    Story 1: The Lead Story: China overtaking USA in Military strength due to Trade Deficit. Prior to World War II, USA bankers funded Hitler’s build-up. Well meaning profit seeking deals cost millions of lives. Are we repeating this with China today? Due to the unbelievable Trade Deficit, which has sent thousands of jobs and factories over to China, they now have a ship-to-ship missile that goes farther than ours. They now appear to have a working rail gun. When we failed to successfully conduct a missile intercept launch they did. Their Military is now, as of last year (2017), opened...
  • Barack Obama’s portrait may have been made in China

    02/14/2018 5:30:19 PM PST · by conservative98 · 44 replies
    NY Post Page Six ^ | February 14, 2018 | 7:17pm | Richard Johnson
    Was the presidential portrait of Barack Obama made in China? Sources say artist Kehinde Wiley — who painted the former president before a background of greenery and flowers — has studios in China and produces most of his work there. “It’s his base of operation,” said art critic Charlie Finch, who has known Wiley and appreciated his talent since they were students at Yale. “He has dozens of assistants working for him.” While Obama sat for Wiley for several hours, the portrait may have been sent to China to be completed. “Normally, Wiley sketches out the important parts, and assistants...
  • FBI director: Chinese spies 'a whole-of-society' threat to US...

    02/13/2018 5:17:47 PM PST · by caww · 92 replies
    Washington Examiner ^ | Feb 13, 2018 | by Joel Gehrke
    Chinese spies are spreading throughout the United States as part of “a whole-of-society threat,” FBI Director Christopher Wray told lawmakers Tuesday. The problem is exacerbated by the “naivete” of U.S. academics who don’t recognize the intelligence collectors among them. “They’re exploiting the very open research-and-development environment that we have, which we all revere, but they’re taking advantage of it,” he said. “So, one of the things we’re trying to do is view the China threat as not just a whole-of-government threat but a whole-of-society threat on their end and I think it’s going to take a whole of-society response by...