China

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Bush Cozies Up to China
Bush Cozies Up to China
May 25, 2007 5:38 AM CDT

Bush Cozies Up to China

Patient president avoids hot-button policy issues, treads lightly on trade deficit

(Newser) - President Bush struck a conciliatory tone in yesterday's congress with Chinese Vice Premier Wu Yi, despite thickening indignation over Chinese policies. The Journal reports that the White House meeting tiptoed around China's tolerance of copyright piracy, the export of tainted food products, and Beijing's increasingly worrisome nuclear program.

Bush Urges Stiffer Sanctions on Iran

Iran persists in building nukes, against UN orders

(Newser) - President Bush called for tougher sanctions against Iran today, a day after a new report showed the country is continuing its nuclear enrichment programs. Bush vowed to form a multinational bloc with Russia, China, and European allies to pressure Iran into ceasing its nuclear aspirations, reports the Washington Post.

China Markets Turn on Lucky Numbers
China Markets Turn on Lucky Numbers
May 24, 2007 10:59 AM CDT

China Markets Turn on Lucky Numbers

Investors look for windfalls in auspicious stock codes

(Newser) - The Journal probes the Chinese practice of picking stocks based on traditional lucky numbers. In a country where middle-class novices dominate the market, new investors snap up stocks with codes that include auspicious 8s, and steer clear of those with ominous 4s. That worries analysts aware of the ripple effect...

China Helps Nigeria Into Space
China Helps Nigeria Into Space
May 24, 2007 7:10 AM CDT

China Helps Nigeria Into Space

Excluded by US, Beijing builds satellites for developing countries

(Newser) - China is launching its own space program, after years of getting a cold shoulder from NASA. Beijing is developing satellite technology for developing nations—the same nations it's looking to for resources to fuel its runaway economic growth, the New York Times notes. Last week saw the launch of a...

China Nods at New Houston Coach
China Nods at New Houston Coach
May 24, 2007 5:54 AM CDT

China Nods at New Houston Coach

Yao's fans heartened by offense-minded Adelman

(Newser) - A China Daily poll indicated that 53% of Chinese hoops fans approved of new Rockets coach Rick Adelman, and just over a third regretted the ouster of defensive guru Jeff Van Gundy. Thanks to all-star center Yao Ming, the Rockets have the close scrutiny of perhaps the world's largest basketball...

China Deals on Finance, Skips Currency

US-China talks bring good news for securities firms, but no yuan reform

(Newser) - Talks between American and Chinese economic officials thudded to a close today, offering mild changes to the financial sector in lieu of major currency reform. The deal hammered out by Treasury Secretary Hank Paulson and China's vice-premier Wu Yi promise foreign financial companies more access to Chinese markets and allows...

Trail of Chinese Chemicals Leads to Toothpaste

Governments on two continents investigate tainted product

(Newser) - The Dominican Republic is the latest country investigating the possibility that a poisonous chemical from China wound up in a consumer product. This time it's toothpaste that contains the industrial solvent diethylene glycol, which has already turned up in Panama and Australia, the Times reports. The Chinese government has tracked...

CO2 Emissions Soared From 2000 to 2004

Greenhouse gas increase tripled over '90s rate

(Newser) - Worldwide carbon dioxide emissions boomed between 2000 and 2004, a new study shows. Output of the greenhouse gas accelerated by 3.1% each year, compared to a 1.1% rate during the '90s, according to the National Academy of Sciences, faster than all but the most dire forecasts.

EU Universities Could Lose Ground to Asia

Old-world schools hear footsteps from China, India in college rankings

(Newser) - Top-tier European universities like Oxford, Cambridge and the Sorbonne will fall behind competitors in China and India within 10 years, the EU's education commissioner warns. The Times of London reports underfunding and outmoded curricula could cost the mossier Western schools their international reputations, and international enrollments with them.

China to Buy $3B Stake in Blackstone

Beijing moves onto Wall Street with historic deal

(Newser) - The Chinese government will buy a 9.9% stake in Blackstone, the US private equity fund that's about to launch its IPO. The $3 billion purchase of nonvoting shares, the first time China has invested its enormous foreign reserves in commercial stock, is meant to exploit a private equity market...

Chinese Killer Supplied Corpse Brides

"Weddings for the dead" making a comeback in rural areas

(Newser) - Chinese authorities have arrested a man said to have killed six women in order to sell their bodies to families seeking "ghost brides"  to marry their deceased sons. He and three other corpse traders are reputed to be members of an underground supply network prompted by  a growing...

China Loosens Up on Yuan
China Loosens Up on Yuan
May 18, 2007 10:40 AM CDT

China Loosens Up on Yuan

Currency move may be concession to US—or attempt to pop a stock market bubble

(Newser) - Just days before a meeting with US Treasury Secretary Henry Paulson, China is taking baby steps toward letting its currency trade more freely. The government also raised interest rates and the reserve on bank loans today, signaling concern over the country's red-hot economy. China's trade surplus—which some American politicos...

Ban Chinese Ingredients? Easier Said Than Done

They're in virtually all processed foods. Six or more in the the Twinkie alone.

(Newser) - In the wake of the pet-food poisoning scandal, some of the biggest U.S. food manufacturers—Tyson and Mission Foods—have banned Chinese ingredients. But since China is the world's biggest supplier of the flavorings, vitamins and preservatives that are used in virtually all processed foods, the bans may be...

China's Drivers Steer Clear of Tolls

Thrifty motorists resort to detours, deception to get around steep fees

(Newser) - Tolls are literally taking a toll in China, where thrifty motorists try to steer around the tollbooths cropping up on the country's highways. An infrastructure boom has created 40,000 kilometers of new toll roads since 1990, and drivers are doing anything—from faking toll-exempt plates to making long detours...

Suicide Rises Among Young Chinese Women

At risk: young wives in rural areas bypassed by modernization

(Newser) - Young, rural women in China are killing themselves at startling rates. In a country whose overall suicide rate is double the American, suicides are shooting up among young wives caught between the promise of modernizing cities and the traditional subservience of women that persists in the countryside. "Whenever their...

Engineer Guilty Of Attempted Espionage

Jury convicts California man of trying to send defense docs to China

(Newser) - A Chinese-American engineer could get up to 35 years for trying to funnel classified U.S. defense technology to China. A federal jury in California convicted 66-year-old Chi Mak, a naturalized citizen who worked for an Anaheim defense contractor, of conspiring to send top secret plans for submarine propulsion technology...

Second Toxin Found in Lethal Pet Food

Cyanuric acid plus melamine could be fatal combination

(Newser) - Add cyanuric acid to the list of industrial chemicals found in the contaminated pet food that killed thousands of dogs and cats. Like melamine, it was used by Chinese animal feed producers  to fake higher protein content in their wheat and rice products, the New York Times reports.

Toxic Cough Syrup Causes Deaths in Panama

How a tailor in China passed glycol off as glycerin, and killed hundreds of children

(Newser) - American drugmakers are on the lookout this week for another in the growing list of potentially deadly Chinese exports. This time, it's diethylene glycol, a sweet-but-toxic chemical that masquerades as glycerin in common medications like cough syrup and that has already killed almost 400 people—many of them children—in...

Melamine Death Toll Passes 8,000 Pets

FDA says health risk for humans unlikely

(Newser) - More than 8,000 deaths of cats and dogs that may be linked to melamine-tainted food have been reported to the FDA in the two months since the pet food recall. The statistics come as the FDA tries to assure Americans that the tainted protein concentrates, also fed to hogs...

China Detains Pet Food Contaminator

Beijing cracks down on source of melamine-tainted gluten

(Newser) - Chinese authorities have jailed the head of a company accused of selling pet food makers  the melamine-contaminated gluten that's killed thousands of cats and dogs. The detention of Mao Lijun suggests Beijing is eager to cooperate with the FDA investigators currently on its turf, after initially disavowing any gluten sales...

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