Tag Archives: china

In a historic move, the Federal Reserve has cleared and allowed China’s Biggest Bank ICBC to takeover a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a majority stake in the US subsidiary of Bank of East ... Read More »

Senator Chuck Grassley (Iowa-R) applauded U.S. ambassador Susan Rice’s strong statement about “Soviet Russia” and “Red China” Saturday afternoon. Only Rice didn’t say anything about “Soviet Russia” and “Red China.” OMG! US senator needs wakening up. Lets go back in History, when did Russia eliminated the Communist rule? 1991! And here we have the senator bragging about the  ‘get-rid-of-Russia-China’ slogan. ... Read More »

Bad day in History of US. The iconic prideful AAA rating offered to US by Standard and  Poor has been withdrawn today. US  enjoyed the status of AAA ” the highest rating given on bonds by bond rating agencies” loses its status as the Country was unable to handle its debt crisis that resulted in passing a law in favor ... Read More »

Honda Motor Co. will recall more than 2 million vehicles in the U.S. and China to update the automatic transmission software in several popular models after it has seen 113 claims, including 45 for engine stalls. The recall includes 1.5 million vehicles in the United States, 760,000 in China and 135,142 in Canada, the automaker said on Friday. The 1.5 ... Read More »

The top U.S. military officer began a visit to Beijing aimed at improving chilly military relations with an appeal Sunday for a peaceful settlement amid tensions in the disputed South China Sea. The visit by Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, is the first of its kind in four years. The two governments are trying to ... Read More »

Looks like no one wants goods that are manufactured in the U.S. The funny part is not even the U.S wants them. Why ? Who would like to pay 100-times the price of a product when you can get the same product(way better quality) manufactured in China and shipped(anywhere in the world) to you for a fraction of what it ... Read More »

World’s Oldest Panda, named Ming Ming, aged 34, dies in China. Che, this is sad.I love Panda’s . When i hear such news about them  i become sad. The Panda, Ming Ming died last week at the Xiangjiang Wild Animal World in Guangdong Province, Chinese daily The Global Times reported. The female panda had lived at Xiangjiang since 1998, but ... Read More »