Category Archives: U.S.-China Relations

U.S.-China Climate Deal: the Short and the Cynical

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An agreement between the U.S. and China to curb greenhouse-gas emissions won’t slow global warming enough to prevent extreme weather that damages crops, World Bank Group President Jim Yong Kim said. (Bloomberg) I’ve been avoiding the topic of the climate deal for a variety of reasons, but mostly because of my innate cynicism. But isn’t any deal…

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Kunming and the Terrorism Scare Quotes Debate

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Chinese internet users on Monday accused the United States of double standards after Washington condemned a deadly knife attack in southwest China but refrained from calling it a terrorist incident. (SCMP) The China Hearsay verdict is . . . guilty! Lots of double-standarding going on with this one, but it says a lot more about…

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Why Huawei Should Hire Edward Snowden

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Happy New Year, everyone. Moving into 2014, I think we have a much better idea about what is going on in the world of IT security and government skullduggery than we did this time last year, thanks to ex-contractor Edward Snowden, grudging investigative reporting and even more reluctant U.S. government oversight. These disclosures about what…

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JPMorgan Chase Accused of Influence Peddling in China {eye roll}

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I’m sorry, but this is the big China scandal of the week, an accusation that a big investment bank hired family members of the rich and powerful? Seriously, is this some sort of journalistic practical joke from The Onion? I report, you decide (if this is silly): [T]he Securities and Exchange Commission (SEC) is looking…

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WTO Chokes China’s Chicken (Import Duties)

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The post title, lame as it is, represents the sum total of all levity I can bring to this topic. This issue is about as dry and tasteless as . . . well, you can see where I’m going with this. Let’s get the facts out here as quickly as possible, then I just have…

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Whacking the Windmill: Sinovel Indicted, Next Stop U.S. Federal Court

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If you’re an environmentalist and into renewable energy, you might want to sit out this discussion about IP theft allegedly perpetrated by China’s wind turbine behemoth Sinovel. This story hits on some familiar themes, including misappropriation of U.S. IP by a Chinese company, tough competition in the clean energy sector, and even our old friend…

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It’s 2013, and We’re Talking About Someone Defecting to the Reds

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The most recent blah blah blah about NSA whistleblower Eddie Snowden, now running about somewhere in Hong Kong (I’m guessing Lamma Island, with all the other hippies), is that he may defect to the PRC with all his ill-gotten intelligence booty. To which I question: with the Cold War decades behind us, what does it…

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Smithfield-Shuanghui Deal: CFIUS, Food Quality, and More

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I missed quite a few good China stories during my trip to India, but this proposed takeover of Smithfield Foods by Chinese meat powerhouse Shuanghui (also trades under the oleaginous name Shineway) is probably the most important one in the cross-border biz world. This deal will be valued at $4.7 billion, making it #1 in…

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US-China Accounting Dispute Resolved?

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I’m not so sure about that, but here’s an update: The U.S. Public Company Accounting Oversight Board announced a deal Friday with Chinese regulators to access documents held by Chinese auditors, defusing but not fully resolving serious disputes with China. The Memorandum of Understanding with the China Securities Regulatory Commission and China’s Ministry of Finance…

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AmCham Business Surveys: Not Exactly Scientific, but Undeniably Useful

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The American Chamber of Commerce in China regularly publishes surveys of its members, which routinely include criticism of the government/legal system/business climate and complaints about anything from IP infringement to protectionism. So I’m not too surprised to see this pushback from the Ministry of Commerce put out by Xinhua:

U.S. Fails to Name China blah blah Currency blah {yawn}

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Not exactly my most eloquent post title, but really, did anyone out there actually notice that once again, the U.S. Treasury Department decided that China shouldn’t be on the list of currency manipulators? Yes, the wire services ran little blurbs, as did the major papers that have good China coverage. But they were just going…

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Baidu v. NYC Dissidents Kicked on a Technicality

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You might remember a strange little case that was filed back in 2011 by some Chinese dissidents in New York. Their weak ass sadly untested argument was that Baidu was censoring search results such that their anti-China content did not come up when folks did a search. The plaintiffs argued that this was a violation of…

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The Ralls Wind Farm Case: Not Quite Dead Yet

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I’ve successfully made it through the first work week at my new in-house job, so I’ll reward myself with some blogging. You may recall the Ralls case, where some Chinese investors (backed by SOE Sany) purchased a U.S. firm that owned several wind farms. However, the siting of one of these was problematic (too close…

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A Few Suggestions For CFIUS Reform

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Here’s a weekend recommendation for those of you interested in China outbound investment to the United States. As you know, the national security gatekeeper in the U.S. is a body called the Committee on Foreign Investment in the U.S., or CFIUS. CFIUS has made many prominent appearances on this blog, including in several posts in…

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China’s Dollar Assets and the Persistent Myth

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I note that Ken Rapoza at Forbes has written yet another good post on the issue of China’s holding of U.S. debt. The occasion is a report issued by the US-China Business Council, which says “Nothing to worry about. Go about your business.” Yes, they are a pro-China lobbying group, but as Ken says, in…

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Trying to Understand Today’s Huawei News Conference

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On Monday, Huawei CFO Cathy Meng talked to the press about various and sundry Huawei issues, including recent performance as well as some of the long-term global political issues that have made overseas markets challenging for the Chinese IT giant. For the record, I wasn’t present and did not read a transcript or anything, so…

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Californians Hacking Up Lungs Due to China Pollution

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No, I’m not talking about myself, although I am a Californian and I am suffering through the Biblically nasty Beijing Airpocalypse. Rather, I’m talking about actual residents of the U.S. West Coast, which is apparently enjoying all kinds of icky goop that floats across the Pacific Ocean from the PRC and into U.S. airspace. They…

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Grauman’s Chinese Theater Finally in Chinese Hands

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After 85 years, the world’s most famous movie theater will finally be living up to its name. Chinese TV maker TCL has paid more than $5 million for the naming rights to the venerable Grauman’s Chinese Theatre opened in 1927 by showman Sid Grauman. (LA Times) If you’re a native Angeleno like myself, the thought of…

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Reciprocity and Journalist Visas

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Foreign Policy magazine has been very hit or miss lately when it comes to China coverage. Given that the U.S.-China relationship is so important and that FP is the preeminent foreign policy periodical, this is a worrisome trend. I like to keep an open mind, but I have to admit that I was ready to…

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U.S. vs. Huawei: the Los Alamos Letter

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When last we left Huawei, Chinese IT giant and wannabe North America player, it had run into a nasty reception at the U.S. House Intelligence Committee (yeah, I know, an oxymoron), which issued a report about Huawei, ZTE (another Chinese IT firm) and potential national security vulnerabilities. The conclusion was essentially “We don’t trust these…

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