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Latest China Items
The Obama administration is playing with fire when it tries to bully other countries like Mexico and China to satisfy protectionist interest groups in the United States.
In response to an Oct. 13 letter to the editor ("Senkakus part of China, not Japan," Letters to the Editor), I would like to present Japan's official stance regarding the Senkaku Islands. The Senkaku Islands are the inherent territory of - and under the valid control of - Japan.
Normally when investors think of commodities, things like corn, wheat, soybeans, hogs, cocoa, lumber, gold, silver and coffee enter the mind. While those are key ones to watch, there are a number of others and a certain subset are getting all the attention. What I'm talking about are rare earth elements.
Toyota is recalling 1.53 million Lexuses, Avalons and other models, mostly in the U.S. and Japan, for brake-fluid and fuel-pump problems, the latest in a string of quality lapses for the world's No. 1 automaker.
Japanese importers said Thursday that Chinese exports of rare earth metals crucial in high-tech products are still halted after a month, and the government is investigating reports that some Chinese exporters have unilaterally scrapped contracts with Japanese customers.
With President Obama set for a major trip to Asia next month and the Obama administration nearing the halfway point of its first term, U.S. officials tell Inside the Ring that a heated policy debate is under way over how to deal with China.
How the world has changed: The decision by China's central bank to raise key interest rates by one-quarter of a percentage point has sparked a worldwide sell-off in stocks, commodities and emerging-markets currencies. Investors have lowered expectations for Chinese growth, which many see as a driver of the global economy.
U.S. intelligence and security agencies are warning Congress and the telecommunications industry that an American company's plan to use Chinese components in cell-phone towers for the next generation wireless network will make communications vulnerable to electronic spying by Beijing.
Egyptian President Hosni Mubarak set Nov. 28 as the date for the country's parliamentary elections in a decree issued Wednesday.