China is slamming steep tariffs imposed by the United States on Chinese-made solar panels, saying they are an unfair trade barrier that will create “friction” between the world’s two largest economies. Wednesday, the U.S. Commerce Department upheld charges of 18 to nearly 250 percent on Chinese solar panel producers to counter what it says is […]
China Slams US Duties on Solar Products
Posted October 11th, 2012 at 7:00 am (UTC-5)
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Lenovo Passes HP as World’s Top PC Maker: Report
Posted October 11th, 2012 at 6:30 am (UTC-5)
A new report suggests that Chinese manufacturer Lenovo has overtaken U.S.-based Hewlett Packard as the world’s top producer of personal computers. Research firm Gartner said in a report Thursday that Lenovo’s third quarter sales made up nearly 16 percent of the global market for PCs, edging out HP by two-tenths of a percent. It is […]
Lenovo Passes HP as World’s Top PC Maker: Report
Posted October 11th, 2012 at 4:55 am (UTC-5)
A new report suggests that Chinese manufacturer Lenovo has overtaken U.S.-based Hewlett Packard as the world’s top producer of personal computers. Research firm Gartner said in a report Thursday that Lenovo’s third quarter sales made up nearly 16 percent of the global market for PCs, edging out HP by two-tenths of a percent. It is […]
Amnesty: Violent Forced Evictions Increasing in China
Posted October 11th, 2012 at 1:30 am (UTC-5)
Amnesty International says cases of violent forced evictions have risen dramatically in the last two years in China, as local authorities seek to pay off debts by seizing land and selling it to property developers. A report published Thursday said growing numbers of Chinese have been forced from their homes in both rural and urban […]
US Upholds Duties on Chinese Solar Products
Posted October 11th, 2012 at 12:05 am (UTC-5)
The United States Commerce Department has upheld steep tariffs on Chinese solar panels it says are being “dumped” into the U.S. market at artificially low prices. The Wednesday ruling confirmed an earlier finding that Chinese solar companies were benefiting from unfair government subsidies. It set tariffs ranging from about 24 to 36 percent on most […]
China’s Central Banker Pulls Out of IMF Meeting in Tokyo
Posted October 10th, 2012 at 4:15 am (UTC-5)
China has decided not to send its most senior finance officials to this week’s meeting of the International Monetary Fund in Tokyo, as a territorial dispute continues to strain diplomatic relations between the two Asian powers. The IMF said Wednesday that People’s Bank of China Governor Zhou Xiaochuan is canceling his appearance due to what […]
McGrady Becomes Latest NBA Star to Play in China
Posted October 10th, 2012 at 3:20 am (UTC-5)
Seven-time National Basketball Association All-Star Tracy McGrady is the latest U.S. player to spend the twilight of his career shooting hoops in China. The 15-year NBA veteran wrote in a blog post on Tuesday that he is excited to play for the Qingdao DoubleStar Eagles, who have offered him a one-year contract. The 33-year-old is […]
China’s Central Banker Pulls Out of IMF Meeting in Tokyo
Posted October 10th, 2012 at 12:20 am (UTC-5)
China has decided not to send its most senior finance officials to this week’s meeting of the International Monetary Fund in Tokyo, as a territorial dispute continues to strain diplomatic relations between the two Asian powers. The IMF said Wednesday that People’s Bank of China Governor Zhou Xiaochuan is canceling his appearance due to what […]
False Threats Grounding Chinese Flights
Posted October 9th, 2012 at 10:00 am (UTC-5)
More Chinese flights have been temporarily grounded, after airline officials reported receiving threats. Air China said it delayed two of its Beijing-bound flights, from Lhasa and Nanchang, due to threats made in phone calls. Security officials checked both planes and the flight from Lhasa was allowed to depart. Monday, a China Southern Airlines flight was […]
Japan Carmakers Report Sales Plunge in China
Posted October 9th, 2012 at 7:40 am (UTC-5)
Japan’s largest automakers are reporting a sharp sales drop in China in September, confirming fears that a heated territorial dispute is affecting crucial trade between Asia’s two largest economies. Toyota said Tuesday that sales of new vehicles in China dropped nearly 49 percent last month compared to a year earlier, while Honda sales dropped more […]
