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Tag: China

Starbabycare Maternity Tourism (Screenshot / Starbabycare.com)

11 Chinese ‘Maternity Tourists’ Charged After Fleeing U.S., Owners Still Free

Federal arrest warrants were issued for eleven Chinese nationals last week, targeting clients of so-called “maternity tourism” businesses who had fled back to China after being ordered to stay in the U.S. as material witnesses. None of the the owners of the three maternity tourism operations raided in early March have yet been charged for any crime, according to the Orange County Register.

Fake Apple watches in China take a bite out of latest technology

Apple Earnings Powered by Rise of China’s Middle Class

Apple’s earnings vaulted by 27.5% for the first three months of 2015 compared to the same period last year, on the phenomenal Chinese sales driving profit margins for the iPhone 6. The virtuous smartphone tailwind and buzz about the Apple Watch spiked store traffic that also goosed Mac sales. With an operating margin of over 30 percent and $194 billion in the bank, Apple deserves to be the world’s most valuable company.

PA Wire URN:6219941 (Press Association via AP Images)

Chinese Scientists Modify Embryos as Scientists Lash Out

Chinese scientists genetically modified human embryos for the first time in history, receiving backlash from the international community. Junjiu Huang, a gene-function researcher at Sun Yat-sen University, and his group clarified that they used non-viable embryos for their experiment.

U.S. and China work to repatriate Chinese officials accused of corruption

Politico: China’s Shadow Looms over Senate Trade Debate

The Senate Finance Committee’s vote late Wednesday to approve “fast track” trade legislation revealed two things: Some Democrats strongly support the measure, and concerns about China’s currency practices will dog the bill as it moves through Congress.

AP Photo/Itsuo Inouye

Japan to Pass China as America’s Biggest Creditor

Americans are routinely told not to worry about how much of our titanic national debt is held by foreigners, but those who do keep track of such things may be relieved to know that our current number-one creditor, our totalitarian geopolitical adversary China, has been surpassed by our considerably less hostile ally Japan. Each of those nations holds a little over 10 percent of America’s debt.

Xinhua/Guo Chen/AFP

Report: ‘Real’ China GDP Shrinks as Demand Collapses

Lombard Street Research (LSR) has reported that China’s “real” (after-inflation) GDP actually fell -0.2% for the quarter ending March 2015. Despite the official government claim of +1.3 percent growth for the quarter and +7 percent annualized growth. China’s quarterly performance

AP PhotoNam Y. Huh

‘Reshoring’: Will U.S. Manufacturing Make a Comeback?

Call it “reshoring,” or “insourcing” if you prefer. By any name, a significant movement of manufacturing back to U.S. shores is exactly what our economy needs. Factory movement overseas has opened a hole in the American job market that nothing else can truly fill, a point stressed in blue-collar populist appeals from both political parties.

Twitter/FreeTibetOrg

Tibetan Nun Sets Herself On Fire to Protest Chinese Rule

Agence France-Presse (AFP) reports that Tibetan nun Yeshi Khando is presumed dead after setting herself on fire to protest Chinese rule, demanding freedom for Tibet and the return of the exiled Dalai Lama. Her death could not be confirmed by international media or Tibetan advocacy groups because her body was so quickly removed from the scene by police.