From Bloomberg (link) China may agree to extend a crackdown on makers of pirated movies and enforce a ban on use of illegal software at a summit in Washington today, seeking to ease trade tensions before President Hu Jintao’s visit to the U.S. next week. Chinese Vice Premier Wu Yi, U.S. Trade Representative Rob Portman […]
Read MoreFrom Reuters (link) China will rely on its own security forces to defend the country’s borders and airspace at the 2008 Beijing Olympics, a senior official said on Tuesday. Athens organizers were given support by NATO surveillance planes in 2004 at the first Summer Games since the September 2001 attacks against the United States. Yu […]
Read MoreFrom Reuters via the Los Angeles Times (link) Boeing Co. shares rallied to a record high Monday on optimism that Chinese airlines could agree to buy 80 single-aisle 737 jets that they have been in talks to acquire since last year. Boeing shares closed up $1.22 to $80.79, after touching a record $80.92 earlier in […]
Read MoreFrom the New York Times (link) China disclosed today that its trade surplus surged to $11.19 billion in March, its second-highest monthly surplus ever and a level that could feed trade frictions in advance of President Hu Jintao’s visit to the United States next week. Soaring exports and slowing growth in imports caused the Chinese […]
Read MoreFrom the International Herald Tribune (link) Hong Kong and Malaysian companies have benefited the most from China’s economic growth, which has stoked demand for Asian exports, according to a global survey released Monday by Grant Thornton. A net 53 percent of Hong Kong businesses and a net 22 percent of Malaysian companies said sales had […]
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