At the end of July 29, Lamy announced that ministers’ efforts of long hours and hard negotiations failed to produce result on the 9th day of WTO trade talks. Today, he has called a formal Trade Negotiations Committe meeting to provide a forum for comment from members, but he advises nations to allow the “dust […]
BBC news is reporting that multilateral trade talks in Geneva have ended without consensus. The epicenter of the rift blocking resolution was that of market access. While the US and EU push for greater access to provide services to the fast emerging economies of India and China, the two developing countries are instead focused on fighting […]
Blaming developing countries for the failure of Doha Round trade negotiations is counter-productive to global trade relations and WTO efforts, China said July 28 via its official news outlet, Xinhua Press. China's ambassador to the WTO, Sun Zhenyu, represented the country's interests on Monday, saying: “They have to remember that this is a Development […]
In revving up for next week's planned WTO trade liberation talks (opening Monday in Geneva), US trade officials stated this past Thursday that China will critcally impact the direction and outcome of these talks, voicing concerns that China has a “particular obligation” to make concessions on matters of trade. One issue of particular importance is the benefit China […]
Wednesday, July 9 brought an outreach session during July 7-9, facilitated by the Group of Eight (G8 ) Summit in Tokayo, Japan. The outreach session was convened at the Windsor Hotel, where the G8 leaders (Britain, Canada, France, Germany, Italy, Japan, Russia, and US) invited leaders from key developing nations to weigh in on energy security and climate change. As […]
Premiering this Wednesday on the Discovery Channel, is episode 1 of Ted Koppel's 4-part series on China's economic growth (and its impact on the US), entitled, The People's Republic of Capitalism. Each successive Wednesday for three weeks, installments 2, 3, and 4 will be aired. If there is a resoundingly persistent mantra here, it […]
SecState Condi Rice's visit to Beijing carried a number of items on Washington's agenda. She and China's Foreign Minister Yang Jiechi came to the table on a number of current events. ZIM. With the recent swearing-in of Mugabe for his sixth term as President of Zimbabwe, Bush has called the UN to action against “Zimbabwe's illegitimate government,” […]
When: June 17 and 18 Where: US Naval Academy – Annapolis, MD Who: Co-Chairs US Treasury Secretary Henry M. Paulson, Jr. and Vice Premier Wang Qishan Why: To strengthen and deepen the bilateral economic relationship through actions to: raise questions seek consensus implement results prevent trade protectionism and conservatism from hampering the trade cooperation […]
After the US initiated two WTO cases* against it last year, China has since worked to develop a National IP Strategy, requiring China to “explore the possibility of establishing specialized IP courts to deal with IP-related civil, administrative, and criminal cases.” The strategy was developed by China's National Working Group for IPR Protection, which […]
At a time of tremendous sensitivity where many of its activities are receiving global attention, China's investment actions are no exception. The China Investment Corporation (CIC) is China's firm, which manages its foreign exchange reserves. A sovereign wealth fund, the CIC was established in 2007 in response to enormous state losses, resulting from the rising Yuan and the plummeting […]
This Thursday morning in Beijing, China and Taiwan came to the table for talks to mutually build confidence despite more than a decade of tense and untrusting exchanges. The last formal talks to take place between Beijing and Taipei occurred in 1999. Facilitating this dialogue was Taiwan's Straits Exchange Foundation and its Mainland Chinese counterpart. […]
This CFR article helps tally the stance of frontrunners on US policy toward China. Obama vs. McCain on: The best engagement strategy. BO. In a more outward assessment, O feels strongly about putting some teeth behind the words of the next American administration, and has been quoted saying: In Asia, the emergence of an economically […]
from the China Balance Sheet: China's economic modernization has lifted almost 400 million citizens out of poverty since 1990, but 415 million Chinese still live on less than $2 per day.
China is working to review oil policy and strategy to determine the most favorable path forward to “bolster” oil company profits and avoid [prolong] rising fuel costs. One large driver for this effort is the upcoming Olympic games, which has been a sore spot for the country politically and logistically these past several months. Ensuring a plan is […]
An open, public hearing is being held by the US-China Economic and Security Review Commission* in Washington on May 20, 2008. The topic of the hearing is “China's Proliferation Practices and the Development of its Cyber and Space Warfare Capabilities,” and seeks to collect and share information from academic, industry, and government expertise to identify […]