Monthly Archives: February 2014

China cuts Treasury holding

Experts call taper’s effect on Beijing’s holdings ‘mixed’  China, the largest holder of US debt, cut its holdings of US securities for the second consecutive month in December, according to the latest data released by the US Treasury Department.  The world’s second-largest economy shed $47.8 billion in holdings, dropping to $1.27 trillion in December from […]

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Speculation stirs over Xi-Ma talks

Mainland remains open and positive on the possibility, says spokeswoman Beijing said on Monday it remains “positive and open” about a possible meeting between leaders from both sides of the Taiwan Straits, but gave no clear venue or timeframe for what would be a historic meeting. A Taiwan-affairs spokeswoman from the mainland made the remarks […]

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US Arctic envoy shows regional race

Countries eye oil, gas and mineral resources under untapped land  The US’ plan to create the position of Arctic ambassador and the increasing attention the region is getting from other countries show that competition for the region’s untapped natural resources is heating up, experts say.  US Secretary of State John Kerry has sent letters to […]

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Death of panda leaves many questions unanswered

Public shows concern with zoo’s actions and comments, and questions its responsibility, report Yang Yang in Zhengzhou, Hu Yongqi and Wu Wencong in Beijing. On Valentine’s Day, Longsheng, a giant panda at Zhengzhou Zoo, climbed down from his wooden bed to the window and reached out slowly with his right paw to grasp a red […]

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Immigrants eye US after Canada change

Tens of thousands of Chinese investors may have to find new destinations for their wealth after the Canadian government announced on Tuesday its intention to end its immigrant investor program, and one of those destinations is likely to be the US, immigration lawyers say. The Canadian federal Immigrant Investor Program provided limited economic benefit to […]

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Chinese oil chiefs gather in Houston to talk shop, learn about US laws

Companies with 80 % local hires in US face cross-cultural challenges The Energy and Chemical Industry Committee of China General Chamber of Commerce USA (CGCC) held its first annual conference in Houston on Wednesday. Around 70 US operational heads from major Chinese state-owned energy and related service companies gathered together to present to each other […]

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