Topic: Chinese Renminbi
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Obama vs. Romney 101: 4 ways they differ on China
China's rise has led President Obama to “pivot” his foreign policy toward Asia, hoping to enhance US power and expand its cooperation with China. Romney speaks more in terms of confronting a country whose interests often clash with those of the US.
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Six reasons to keep America as No. 1 superpower
Many around the world say American decline would preserve global stability through a better balance of power. They’re wrong, says Steve Yetiv, a political science professor at Old Dominion University. It’s not that other countries or international institutions can’t play vital roles. They do. But they can't yet do what Washington does around the world, Yetiv says. Here he gives six examples.
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Five outrageously pricey pooches
Malachy the Pekingese won Best in Show at the 2012 Westminster Kennel Club dog show Tuesday, receiving a silver cup, a raft of media appearance, and the promise of breeding fees. But the crowd-pleasing champion has nothing on these five uber-expensive dogs. Most of us think our furry best friends are priceless (author included). But some dog lovers are willing and able to put their money where their heart is. Here's our list of five pricey pooches. Can you guess which breed took the top spot, and at what price?
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Hu Jintao in America: 7 questions about the Chinese president's visit
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2011 predictions: interest rates around the world
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Would Romney really dare to tag China a 'currency manipulator'?
Mitt Romney said again, during Tuesday's presidential debate, that on Day 1 in office he'll declare China a 'currency manipulator' – something recent presidents have resisted doing. The aim: to improve prospects for US exports. The risk: that China will retaliate in a most unpleasant way.
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Amnesty International reports rise of forced evictions in China
Forced evictions to make way for development are a major issue of discontent in China. According to Amnesty International, the rate of forced evictions has increased sharply in the past two years.
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Slowdown of China's economy is pushing world toward another economic crisis (+video)
China’s high inflation and stimulus-fueled real estate bubble have been aggravated by sagging global demand for Chinese goods. The impact is being felt all across China – and the world. China must move away from export-driven investment to consumption-driven growth.
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Apple's iPhone 5 sales surge circles the globe (+video)
iPhone 5 buyers lined up outside of stores from Hong Kong to London to New York. The iPhone 5 goes on sale in 9 countries Friday, and 22 more next week.
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Obama vs. Romney 101: 4 ways they differ on China
China's rise has led President Obama to “pivot” his foreign policy toward Asia, hoping to enhance US power and expand its cooperation with China. Romney speaks more in terms of confronting a country whose interests often clash with those of the US.
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Modern Parenthood China adoption diary: A document goes missing; stanch the panic!
Part 10 – China adoption diary: After waking up with a dog pile of kids in her bed, Mom sets out to finalize paperwork and ... discovers something missing.
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Via illegal cellphone call, North Korean brother reaches out to his South Korean sister
Two siblings reconnected when one took a huge risk to ask for financial help. It is estimated that about $10 million flows into South Korea each year as defectors reach out to try to assist their families.
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In hopes of steadying eurozone, G-20 leaders to advocate growth proposals
European leaders' response to the economic crisis has failed to calm markets, but G-20 leaders are hoping that their strong backing of growth policies will bring some relief.
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North Korean women sold into 'slavery' in China
Like the thousands of women who fled North Korea before her, Kim Eun-sun made it into China and paid a woman to help her, only to discover she'd traded one form of captivity for another.
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The New Economy Currency move latest sign of China's transformation
China is transitioning away from being the world's discount manufacturer. But it will have to loosen its currency even more to avoid the pitfalls of development.
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The Circle Bastiat What Bernanke gets wrong about the gold standard
The redistribution created by the Fed’s monetary pumping actually weakens the economy over time as real savings is squandered on malinvestments. With gold as money, real production and savings is stimulated. Federal Reserve chairman Ben Bernanke doesn't understand that.
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Six reasons to keep America as No. 1 superpower
Many around the world say American decline would preserve global stability through a better balance of power. They’re wrong, says Steve Yetiv, a political science professor at Old Dominion University. It’s not that other countries or international institutions can’t play vital roles. They do. But they can't yet do what Washington does around the world, Yetiv says. Here he gives six examples.
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Five outrageously pricey pooches
Malachy the Pekingese won Best in Show at the 2012 Westminster Kennel Club dog show Tuesday, receiving a silver cup, a raft of media appearance, and the promise of breeding fees. But the crowd-pleasing champion has nothing on these five uber-expensive dogs. Most of us think our furry best friends are priceless (author included). But some dog lovers are willing and able to put their money where their heart is. Here's our list of five pricey pooches. Can you guess which breed took the top spot, and at what price?
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Getting to know Xi: White House prepares to meet China's new man
President Obama and Xi Jinping, China's likely next president, meet today at the White House. Many are hoping for a good rapport that will bolster a strained US-China relationship.
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US, China face 'trust deficit' as China's heir apparent visits
Chinese Vice President Xi Jinping, China's likely leader for the next decade, will meet President Obama this week, as well as make trips to Iowa and California.
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Stefan Karlsson Yearly roundup of world currencies: The yen, the rupee, and everything in between
How 14 of the world's largest currencies fared against the dollar in 2011.
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Chinese foreign reserves are falling
As foreign exchange reserves in other countries fall, the Chinese yuan follows suit
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Is Zimbabwe ditching the dollar?
Zimbabwe has been using the US dollar for most transactions since their own currency's value plummeted in 2009. Will the nation move on to the Chinese yuan instead?
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America's one sure thing: the dollar
Don't worry about the international status of the dollar. The US dollar will be the world's reserve currency for decades to come.
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Clean energy market: China promises open access
Clean energy companies in other countries will have equal access to China's burgeoning clean energy market, US envoy says after talks.
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China promises clean energy access: US envoy
Commerce Secretary John Bryson said the officials told him Monday the country will invest $1.7 trillion over the next five years inclean energy and other emerging technologies. He said they pledged a 'level playing field for US and other foreign suppliers.
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Chinese yuan will catch up to the dollar faster than we thought
China's economy is growing faster than the numbers suggest. It could overtake the United States as the world's biggest economy even more quickly than previously thought.
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Chinese yuan's new global challenge to the dollar
Chinese yuan, pegged to the dollar until not long ago, is turning into a global reserve currency.
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Unemployment benefits, trade data point to improvement
Unemployment benefits claims dipped by 1,000, just below expectations for unemployment benefits claims. Trade balance report confirms US avoided third-quarter recession.
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China to US on currency bill: I wouldn't do that if I were you
The US Senate passed a currency bill that would punish countries that subsidize their exports by maintaining an artificially low exchange rate. China called such a law a 'lose-lose' for both sides.
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