China-US US News | CHINA US Focus - Part 12

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07/11/2014

Kerry Assures China That the U.S. Can Have Many Allies in Asia

Seeking to put the best face on a difficult relationship with Beijing, Secretary of State John Kerry said Thursday that the United States and China could find ways to manage their differences and had more in common than not. Neither side wanted to fall into the “trap of zero sum competition,” Mr. Kerry said at [...]

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07/11/2014

U.S. Stepping Up Scrutiny of China’s Military Moves

Sometimes, the delicacies of diplomacies require lying. Or, as the foreign-service set puts it, diplomacy. “Let me emphasize to you today: the U.S. does not seek to contain China,” Secretary of State John Kerry said Wednesday at the two-day China-U.S. Strategic and Economic Dialogue in Beijing. That was hard to square with the headline atop [...]

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07/11/2014

China’s Central Bank Investigates Report of Money Laundering

China’s central bank is investigating a report by state television that a major Chinese bank is helping clients transfer large amounts of money overseas in a program that violates currency controls, Xinhua, the state-run news agency, said Friday. The station, China Central Television, or CCTV, caused a scandal when it broadcast a program on Wednesday [...]

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07/11/2014

Climate Change Heats Up U.S-China Summit

The bilateral confab didn’t rattle the world’s cages. But at least the United States and China said that they have set upon a course to try and resolve their seemingly intractable differences, namely over climate change. The two countries, which just wrapped up the sixth so-called U.S-China Strategic and Economic Dialogue, underscored their commitment to [...]

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07/10/2014

Russia, China, India Ready to Launch Rival to World Bank

Non-BRICS countries will be invited to join as members once the New Development Bank opens for lending in 2016, said Siluanov. The bank’s stated aim is to keep emerging economies stable, serving as a counterweight in the case of disruptive capital outflow. The project presents a new step away from economic dependence on the U.S. [...]

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07/10/2014

China, U.S. to boost security ties, but no breakthroughs

China and the United States agreed on Thursday to boost military ties and counter-terrorism cooperation during high-level annual talks in Beijing, but there was little immediate sign of progress on thorny cyber-security or maritime issues. The two-day talks, led by Secretary of State John Kerry and Treasury Secretary Jack Lew for the United States and [...]

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