Hu Jintao, premier of China, is in the middle of his first state visit to the US, whose pomp and circumstance reflects China's growing economic stature and role in world affairs. Due to the linguistic and political differences between the US and China, few Americans know very much about Hu. Many of them will have had their first real look at him during an extended and surprisngly candid
joint press conference held with President Obama and lasting well over an hour - something which never happens in China. Fears (or possibly hopes) of a trade war between the US and China
a year ago have faded, and instead a trade deal involving $45 billion of American exports was announced, to
mixed reactions. He was received
less kindly by Congress, whose members expressed disquiet about everything from trade deficits to human rights and whose leaders
declined to discuss matters over dinner - perhaps because they did not wish to be lost in the high-powered crowd of attendees.
[more inside]
posted by anigbrowl
on Jan 20, 2011 -
59 comments
"Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China."
James Fallows on how the trade deficit between China and America works and what it means for the future.
posted by afu
on Sep 30, 2008 -
41 comments
Give us your secrets. The Chinese government plans order foreign manufacturers to reveal information about their digital products, a Japanese newspaper reported on Friday. It will introduce rules requiring foreign firms to disclose secret information about digital household appliances and other products from May next year, the Yomiuri Shimbun said, citing unnamed sources. If a company refuses to disclose information, China would ban it from exporting the product to the Chinese market or producing or selling it in China, the paper said. [more inside]
posted by caddis
on Sep 22, 2008 -
38 comments
Made in China. A look inside the world’s manufacturing center. Flash video slideshow of the port of Shenzhen (7:00 minutes with sound)
posted by srboisvert
on Jul 23, 2007 -
26 comments
Is everyone asleep at the wheel? "The Senate on Tuesday approved a bill to normalize trade with China, marking a turning point in a half-century of stormy relations between the world’s strongest power and its most populous nation.
In return, trade relations will no longer hinge on China’s human rights record, a link that has long irritated Beijing." It is a sad day for human rights in China.
posted by Brilliantcrank
on Sep 19, 2000 -
25 comments
China, our new buddy It seems like history may be made today. I hope that if China does receive favorable trade status that it will go to improve human life in that nation and improve ties between our countries.
I'd like to buy China a Coke...
posted by Brilliantcrank
on May 24, 2000 -
7 comments
