NewsTrust - China - Most Recent Stories: News (Mainstream)

In Obama's China trip, stark contrast with past

Wed, 18 Nov 2009 00:00:00 -0800

Washington Post - By Andrew Higgins, Anne E. Kornblut - Nov. 18 (News Analysis) - The changes reflect not so much a policy shift by a new administration in Washington as a dramatic and much bigger change in the power dynamic, particularly in economics, over the past decade -- a change that has been the central undercurrent of Obama's swing through China this week.

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China Solar Panel Maker Sets First U.S. Plant

Mon, 16 Nov 2009 00:00:00 -0800

Business Week - By Adam Aston - Nov. 16 (News Report) - China's Suntech Power Holdings (STP) is no newcomer to the U.S. Last May, President Barack Obama toured the U.S.'s largest solar panel installation at Nellis Air Force Base in Nevada. There, row upon row of shiny black Suntech solar panels span 140 acres, cranking out up to 14 megawatts of electricity on sunny days.

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China questions costs of U.S. healthcare reform

Mon, 16 Nov 2009 00:00:00 -0800

Reuters - By James Pethokoukis - Nov. 16 (News Analysis) - A new study from the U.S. government’s Centers for Medicare and Medicaid Services finds that the healthcare reform bill recently passed in the House of Representatives would increase healthcare spending to 21.3 percent of GDP by 2019 compared with 20.8 percent under current law. That’s bending the curve the wrong way.

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Evergreen shifts work to China

Sat, 07 Nov 2009 00:00:00 -0800

Boston Globe - By Erin Ailworth - Nov. 07 (News Report) - Little more than a year after cutting the ribbon at a new factory in Devens built with more than $58 million in state aid, Evergreen Solar said yesterday that it will shift its assembly of solar panels from there to China.

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China steps up, slowly but surely, to address emissions issue

Sat, 24 Oct 2009 00:00:00 -0700

Washington Post - By Steven Mufson - Oct. 24 (Special Report) - In a large greenhouse, hundreds of tubes hold strains of algae being tested for how much carbon dioxide they can suck from the air. Outside, half a dozen brands of solar panels are being matched for performance against the company's own. Next door,

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Beijing’s Air Is Steadily Getting Cleaner, but the War Is Far From Won

Sun, 18 Oct 2009 00:00:00 -0700

New York Times - By Michael Wines - Oct. 18 (News Report) - After tough measures by Chinese authorities to curb emissions, the trend toward clearer skies in Beijing — one of the most polluted cities in the world — is steady and undeniable.

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Biggest Obstacle to Global Climate Deal May Be How to Pay for It

Thu, 15 Oct 2009 00:00:00 -0700

New York Times - By Elisabeth Rosenthal - Oct. 15 (Special Report) - The price of a climate agreement will be $100 billion a year by 2020, many economists estimate; some put the cost at closer to $1 trillion.

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Why China is unlikely to back Iran sanctions

Wed, 30 Sep 2009 00:00:00 -0700

Christian Science Monitor - By Peter Ford - Sep. 30 (News Analysis) - China is showing no appetite for the tougher sanctions that Western leaders have been threatening against Iran over its nuclear program, and would likely veto any United Nations effort to impose a stiffer embargo even if Thursday's talks between US Security Council members and Iran go badly.

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Chinese oil demand fueling Iranian defiance

Wed, 30 Sep 2009 00:00:00 -0700

CNN - By Steve Hargreaves - Sep. 30 (News Report) - The Obama administration is scrambling to tighten trade sanctions against Iran after the disclosure last week that Tehran was hiding a heavily fortified facility that many believe is designed to make material for nuclear weapons. But the kind of sanctions that would really hit Iran's economy - sanctions against its energy industry - are thought to be off the table because China and other nations are too reliant on Iran's oil.

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Oil and Ideology Keep China From Joining Effort to Press Iran

Wed, 30 Sep 2009 00:00:00 -0700

Washington Post - By Jon Pomfret - Sep. 30 (News Report) - In its effort to muster support for sterner action against Iran, the Obama administration will have to overcome China's reluctance to punish a country that is one of its top oil suppliers and a major beneficiary of its energy-related investments.

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Global Economic Forum to Expand Permanently

Fri, 25 Sep 2009 00:00:00 -0700

New York Times - By Edmund L. Andrews - Sep. 25 (News Report) - Global leaders will announce Friday that the once elite club of rich industrial nations known as the Group of 7 will be permanently replaced as a global forum for economic policy by the much broader Group of 20 that includes China, Brazil, India and other fast-growing developing countries, American administration officials said.

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G-20 is set to replace Group of 8, U.S. says

Fri, 25 Sep 2009 00:00:00 -0700

Los Angeles Times - By Don Lee, Jim Tankersley - Sep. 25 (News Report) - r the Group of 20 summit have agreed that the organization will replace the Group of Eight as a permanent body for international economic cooperation, the White House announced late Thursday. The change reflects the world's shifting economic powers and a need for the U.S. and the traditional European powers to secure the cooperation of fast-growing economies such as China, India and Brazil to make progress on pressing issues.

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G-20 to Assume Mantle as World’s Main Economic Body

Fri, 25 Sep 2009 00:00:00 -0700

Bloomberg - By Hans Nichols, Simon Kennedy - Sep. 25 (Breaking News) - World leaders will today announce the Group of 20 nations is replacing the G-8 as the main forum for global economic coordination, reflecting a shift in power from rich countries to emerging markets.

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U.S., China Pledge Climate Action

Wed, 23 Sep 2009 00:00:00 -0700

Reuters - By John Decker - Sep. 23 (News Report) - Chinese President Hu Jintao and U.S. President Barack Obama announced new goals to slow the growth in carbon dioxide emissions.

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Climate change and the UN: Nice words

Wed, 23 Sep 2009 00:00:00 -0700

Economist - Sep. 23 (News Analysis) - Just over 70 days to go and there is miserably little progress yet. The outlook for the global summit on climate change to be held in Copenhagen in December is uncertain. The current version of the draft outcome document for the meeting is hundreds of pages long, with thousands of passages in brackets representing points of disagreement. Climate-watchers are steadily lowering their expectations. They had hoped that activities this week in New York, scheduled around the UN General Assembly, might move things forward. So far there is little to cheer.

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Climate-Talks Deadlock May Ease After Obama, Hu Meet

Mon, 21 Sep 2009 00:00:00 -0700

Bloomberg - By Jim Efstathiou Jr., Kim Chipman - Sep. 21 (News Report) - China and the U.S., the biggest producers of greenhouse gases, may propose new steps to fight global warming this week as they remain at odds over who should pay for a low-carbon world.

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UN summit: Can Obama meet expectations on climate change?

Mon, 21 Sep 2009 00:00:00 -0700

Christian Science Monitor - By Peter N. Spotts - Sep. 21 (News Report) - All eyes, and as important, all ears will be on President Obama and Chinese President Hu Jintao Tuesday as heads of state from some 100 countries gather at the United Nations (UN) for a one-day summit on climate change.

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Barack Obama and free trade: Economic vandalism

Sat, 19 Sep 2009 00:00:00 -0700

Economist - Sep. 19 (News Analysis) - You can be fairly sure that when a government slips an announcement out at nine o’clock on a Friday night, it is not proud of what it is doing. That is one of the only things that makes sense about Barack Obama’s decision to break a commitment he, along with other G20 leaders, reaffirmed last April: to avoid protectionist measures at a time of great economic peril. In every other way the president’s decision to slap a 35% tariff on imported Chinese tyres looks like a colossal blunder, confirming his critics’ worst fears about the president’s inability to stand up to his party’s special interests and stick to the centre ground he promised to occupy in office. This newspaper endorsed Mr Obama at last year’s election (see article) in part because he had surrounded himself with enough intelligent centrists. We also said that the eventual success of his presidency would be based on two things: resuscitating the world economy; and bringing the new emerging powers into the Western order. He has now hurt both objectives.

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On eve of G-20, report says protectionism rampant and could increase even as economies recover

Sat, 19 Sep 2009 00:00:00 -0700

Associated Press - Sep. 19 (News Report) - WASHINGTON - The world's major powers are repeatedly breaking their pledges not to erect trade barriers, and there's no sign the "protectionist juggernaut" will ease as countries recover from the global downturn, an influential monitoring

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China’s Economy Is Back, While U.S. Still Ails

Fri, 18 Sep 2009 00:00:00 -0700

New York Times - By Keith Bradsher - Sep. 18 (News Report) - Just eight months ago, thousands of Chinese workers rioted outside factories closed by the global downturn. Now many of those plants have reopened and are hiring again. Some executives are even struggling to find enough temporary staff to fill Christmas orders. The image of laid-off workers here returning to jobs stands in sharp contrast to the United States, where even as the economy shows signs of improvement, the unemployment rate continues to march toward double digits.

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Barack Obama and free trade: Economic vandalism

Thu, 17 Sep 2009 00:00:00 -0700

Economist - Sep. 17 (News Analysis) - YOU can be fairly sure that when a government slips an announcement out at nine o’clock on a Friday night, it is not proud of what it is doing. That is one of the only things that makes sense about Barack Obama’s decision to break a commitment he, along with other G20 leaders, reaffirmed last April: to avoid protectionist measures at a time of great economic peril. In every other way the president’s decision to slap a 35% tariff on imported Chinese tyres looks like a colossal blunder, confirming his critics’ worst fears about the president’s inability to stand up to his party’s special interests and stick to the centre ground he promised to occupy in office.

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China’s wild west

Sun, 16 Aug 2009 00:00:00 -0700

Le Monde Diplomatique - By Martine Bulard - Aug. 16 (Special Report) - With July's violence in Urumqi following last year's riots in Tibet, is China under threat in its frontier provinces? Xinjiang's minorities, the Muslim Uyghurs in particular, face discrimination. Though their dislocation is more social and cultural than religious, without real autonomy Islamic fundamentalism is set to growMy journey to China's westernmost province began this May in the backroom of an ordinary brasserie in one of Paris's eastern suburbs. The Uyghur man I had come to see was (...) - 2009/08 / Open access, 2009/08 - China

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Hundreds Feared Dead in Taiwan After Typhoon

Tue, 11 Aug 2009 00:00:00 -0700

New York Times - By Michael Wines - Aug. 11 (News Report) - The toll from the already deadly Typhoon Morakot in the Pacific threatened to soar on Tuesday, as huge mudslides buried a rural village in south-central Taiwan and seven apartment buildings in coastal China, leaving two dead and hundreds of people unaccounted for.

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China: Where Poisoning People Is Almost Free

Fri, 07 Aug 2009 00:00:00 -0700

Forbes - By Vivian Wai-yin Kwok - Aug. 07 (Special Report) - In addition to its cheap labor costs, China has another comparative advantage as the world's factory: Companies often pay almost nothing to pollute China's air, water and soil and to poison its people.

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Asian giants put the West’s targets for solar energy in the shade

Mon, 03 Aug 2009 00:00:00 -0700

The Times - By Jeremy Page - Aug. 03 (Special Report) - For years India and China have been cast in the West as the biggest obstacles to international agreement on how to tackle climate change. Now the two emerging economic giants of Asia have challenged the West to match their bold plans to develop solar power.

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