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Archive for the ‘China’ Category

Geithner Visit: Chinese Economists Skeptical of U.S. Strength

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2 Jun 09 | CSM

A survey of 23 experts finds deep concern about Beijing’s large dollar holdings. Read the rest of this entry »

Written by Editors

2 June 2009 at 8:13 pm

Audience Laughs After Geithner Tells China Its Dollar Assets are Safe

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1 Jun 09 | Reuters

U.S. Treasury Secretary Timothy Geithner on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency. Read the rest of this entry »

Written by Editors

1 June 2009 at 8:52 pm

Dollar Suffers as Risk Appetite Soars

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1 Jun 09 | FT

The dollar took a battering on Monday as hopes of economic recovery prompted an increase in risk appetite. Read the rest of this entry »

Written by Editors

1 June 2009 at 6:52 pm

U.N. Drafting Resolution Against North Korea; Pyongyang Threatens South Korea

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26-28 May 09 | PTV, RT, AJE and LAT

The U.N. Security Council says it needs “some time” to finalize a resolution sanctioning North Korea for its latest nuclear and ballistic missile tests.


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Written by Editors

28 May 2009 at 11:23 am

China Stuck in ‘Dollar Trap’

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24/26 May 09 | FT and Telegraph

China’s official foreign exchange manager is still buying record amounts of U.S. government bonds, in spite of Beijing’s increasingly vocal fear of a dollar collapse, according to officials and analysts. Read the rest of this entry »

Written by Editors

26 May 2009 at 1:12 pm

Chinese Yuan: Next World Currency?

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by Nouriel Roubini

14 May 09 | NYT

The 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a rising China and its currency. Read the rest of this entry »

Written by Editors

16 May 2009 at 3:23 am

U.S. Lawmakers to Revive China Tariff Bill

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12 May 09 | FT

A group of Republican and Democratic lawmakers will on Wednesday revive a bill that threatens to raise tariffs on Chinese goods to punish the country for what they call “currency manipulation”. Read the rest of this entry »

Written by Editors

13 May 2009 at 6:54 am

Central Banks Succumb Again to Bullion’s Lure

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6-7 May 09 | FT

Ten years ago on Wednesday the UK Treasury sent gold prices tumbling when it announced it would sell a chunk of its gold reserves. Read the rest of this entry »

Written by Editors

7 May 2009 at 3:28 pm

Chinese Boats ‘Encounter’ U.S. Ship in China Sea

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5 May 09 | PTV

Chinese fishing boats have had an encounter with a US Navy ship in the South China Sea.


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Written by Editors

5 May 2009 at 6:29 pm

If China Loses Faith, Dollar will Collapse

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by Andy Xie

4 May 09 | FT

Emerging economies such as China and Russia are calling for alternatives to the dollar as a reserve currency. The trigger is the Federal Reserve’s liberal policy of expanding the money supply to prop up America’s banking system and its over-indebted households. Read the rest of this entry »

Written by Editors

4 May 2009 at 2:59 pm

China Forces Dozens of Mexican Travelers Into Quarantine as Outbreak Declines in Mexico

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4 May 09 |  WSJ, AJE, FT, and BBC

The A/H1N1 flu outbreak is leading to a potential diplomatic row between China and Mexico, as Chinese health authorities round up and quarantine scores of Mexicans — only one of whom is thus far reported to be sick — as they fly in on business and holiday trips.


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Written by Editors

4 May 2009 at 3:26 am

Posted in Americas, China, Global

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China has ‘Canceled U.S. Credit Card’: Lawmaker

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1 May 09 | AFP

China, wary of the troubled US economy, has already “canceled America’s credit card” by cutting down purchases of debt, a US congressman said Thursday. Read the rest of this entry »

Written by Editors

1 May 2009 at 2:16 pm

China Still Presses Crusade Against Falun Gong

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28 Apr 09 | NYT

In the decade since the Chinese government began repressing Falun Gong, a crusade that human rights groups say has led to the imprisonment of tens of thousands of practitioners and claimed at least 2,000 lives, the world’s attention has shifted elsewhere.

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Written by Editors

27 April 2009 at 11:22 pm

Posted in China

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China’s ‘Black Jails’ Uncovered

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27 Apr 09 | AJE

Some Chinese seeking help from the central government against local injustices are instead ending up in secret detention centres controlled by local politicians. The politicians are believed to arrange for petitioners to be abducted before they reach Beijing to complain, fearing central government investigations that could hurt their reputations. The central government denies the existence of such “black jails”, as Melissa Chan reports.

Beijing denies any knowledge of the jails. Read the rest of this entry »

Written by Editors

27 April 2009 at 2:01 pm

China Reveals Big Rise in Gold Reserves

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24 Apr 09 | FT

China has quietly almost doubled its gold reserves to become the world’s fifth-biggest holder of the precious metal, it emerged on Friday, in a move that signals the revival of bullion after years of fading importance. Read the rest of this entry »

Written by Editors

24 April 2009 at 5:48 pm

Posted in China, G-20

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China Asks Asia to Set Up ‘Reserve Pool’

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18 Apr 09 | PTV

The Chinese premier has called for the setting up of an Asian reserve pool to help the region’s economies tackle the economic recession.


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Written by Editors

18 April 2009 at 6:14 pm

Posted in Asia, China

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China Releases ‘Human Rights Plan’

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14 Apr 09 | NYT and AI

China’s cabinet released on Monday what it called the country’s first national human rights action plan, a lengthy document promising better protection of a wide range of civil liberties enshrined in the Constitution but often neglected and sometimes systematically violated. Read the rest of this entry »

Written by Editors

15 April 2009 at 1:48 pm

America: A Superpower No More

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by Walter Rodgers

8 Apr 09 | CSM

Decline is occurring more rapidly than we think. It’s time to embrace a new agenda. Read the rest of this entry »

Written by Editors

9 April 2009 at 12:22 am

Chavez Says World Now Revolves Around China

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8 Apr 09 | VOA News

Venezuelan President Hugo Chavez met Chinese President Hu Jintao Wednesday in Beijing, where he told the Chinese leader the power in the world has now shifted to China.


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Written by Editors

8 April 2009 at 3:18 pm

China Rights Activist Beaten at Cemetery

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7 Apr 09 | NYT

Last Saturday was tomb-sweeping day, when the Chinese traditionally honor the dead. Sun Wenguang, a 75-year-old retired university professor, was one of many to visit the cemetery. Read the rest of this entry »

Written by Editors

7 April 2009 at 2:19 pm

Posted in China

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China to Boost Yuan Swaps, Payments on Dollar Concern

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2 Apr 09 (Update2) | Bloomberg

China’s leaders, increasingly concerned about the nation’s $740 billion of U.S. Treasuries, are making it easier for trading partners and consumers to do business in yuan.

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Written by Editors

2 April 2009 at 9:02 am

Posted in China, US

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Summit With No Answers

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by Lee Sustar

1 Apr 09 | SWO

The Group of 20 meeting of leaders of the world’s biggest economic powers is marked for failure even before it begins April 1.


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Written by Editors

1 April 2009 at 3:29 pm

Chinese Inmates at Guantánamo Pose a Dilemma

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1 Apr 09 | New York Times

The Obama administration must decide whether 17 Uighur Muslims are innocent refugees or dangerous terrorist plotters. Read the rest of this entry »

Written by Editors

31 March 2009 at 11:37 pm

China Plans Argentina Currency Swap

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31 Mar 09 | al Jazeera

Argentina and China have tentatively agreed to swap currency equivalent to $10bn in order to enable South America’s second-largest economy to avoid using dollars in its bilateral trade.


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Written by Editors

31 March 2009 at 2:23 pm

Posted in Americas, China, G-20

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Ahead of G-20, China Questions US’s Financial Dominance

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30 Mar 09 | The Christian Science Monitor

China’s deep reserves and continued growth put it in a position of strength. Read the rest of this entry »

Written by Editors

31 March 2009 at 12:37 am

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