China


Natasha Chart's picture

U.S. Stimulus Helping Chinese, Spanish Wind Energy Industries

Wind energy is supposed to be able to create thousands of manufacturing jobs, but unfortunately the early wind energy manufacturing jobs financed by U.S. more »

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Robert Borosage's picture

Where Will the Jobs Come From?

They are popping the bubbly on Wall Street. Million-dollar bonuses, the Dow at 10,000, the casino is open again. Forget President Obama, who says we can't go back to an economy where finance pockets 40 percent of the profits. We're already headed there.

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Natasha Chart's picture

Green Goods Tariffs Could Disappear Between OECD Nations, China

A deal being worked out to encourage China's agreement to steep emission cuts at the Copenhagen negotiations by eliminating tariffs on green goods among all the OECD countries and China may end up worsening the market for American made goods, but not inevitably. more »

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Michael Kwiatkowski's picture

U.S. Debt Holders Looking to Abandon Dollar As Reserve Currency

Thanks to 'counterspin' at Open Left for posting this.

A number of countries, many if not most of them holders of U.S. debt, are seeking to create a "basket" of reserve currencies, thus severely weakening the U.S. dollar by taking away its status as the world sole reserve currency. more »


Natasha Chart's picture

Climate Change Legislation Must Stimulate Demand, Be Tough On Pollution

Consider these three worrying things: First, there's some risk that putting the wrong type of price signal solely on domestic pollution may transfer both jobs and pollution overseas, while increasing pollution. more »

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With a Receptive White House, Labor Begins to Line Up Battles

nytimes.com — When China’s president, Hu Jintao, attends the G-20 summit meeting this week in Pittsburgh, he will no doubt complain about the punitive tariffs that the Obama administration recently slapped on Chinese tires and steel.

While Mr. Hu is certain to make his displeasure known to President Obama, the man responsible for pressuring the administration to act on those disputes will be elsewhere, sitting in his office a few hundred yards from where the meeting is taking place.

That man is Leo W. Gerard, the president of the United Steelworkers, often viewed as the No. 1 scourge of free traders.

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SEN. BROWN: CLIMATE BILL CAN'T PASS WITHOUT AID TO MANUFACTURERS

thehill.com — Climate change legislation won't even get 50 votes in the Senate if possible harms to manufacturers in the bill aren't addressed, Sen. Sherrod Brown (D-Ohio) said Tuesday.

Temporary assistance will be needed to prevent American manufacturing jobs from relocating to India and China in order to address Rust Belt lawmakers' concerns about the climate bill, Brown said in a conference call organized by the liberal Campaign for America's Future.

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Tire Tariff Aids Manufacturing

detnews.com — President Barack Obama deserves credit for making a tough call on trade and imposing tariffs on consumer tires from China for the next three years, resisting the pleas of most opinion elites across the nation and one of the principal financiers of our massive public debt: China's government.

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Fix America's Trade Regime

guardian.co.uk — On the campaign trail, Barack Obama said: "I voted against Cafta, never supported Nafta and will not support Nafta-style trade agreements in the future." The now president has released a statement saying he will unveil the administration's trade policy agenda ahead of the G20 meeting in late September. This is welcome news, given that the Obama administration has been slow to move on this pressing issue – so much so that some critics have suggested that Obama has abandoned this core campaign pledge.

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China-U.S. Trade Dispute Has Broad Implications

nytimes.com — An increasingly acrimonious trade dispute between China and the United States over the past three days is officially about tires, chickens and cars, but is really much broader.

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