. Space Travel News .




.
TRADE WARS
Key US House panel to review trade ties with China
by Staff Writers
Washington (AFP) Oct 18, 2011


A key US congressional panel plans to put the White House in the hot seat at an October 25 hearing to study action against China's "distorting trade politics," the committee's chairman said Tuesday.

"China's distorting trade policies are deeply troubling and cannot be allowed to stand. Its practices are costing US jobs," House Ways and Means Committee Chairman Dave Camp said in a statement announcing the session.

"I look forward to hearing the administration's plan for addressing China's persistent barriers to US exports and investment and exploring what should be done to ensure American employers and workers are treated fairly," he said.

The remarks from Camp, whose panel oversees taxes and trade, came with House Republican leaders so far resisting heavy pressure to bring popular legislation to punish Beijing for its alleged currency manipulation to a vote.

The Senate approved the bill last week, drawing a furious reaction from Beijing as well as complaints from the White House, which is known to oppose the measure as written.

Republican House Speaker John Boehner has warned the proposal could trigger a "trade war" that could batter the brittle US economy and signalled he will block it while saying President Barack Obama must do more to address the issue.

Camp said China's markets present "enormous potential" for US exports, but charged that Beijing "purposefully makes it harder to sell our goods and services, unfairly subsidizes its own companies, and blatantly steals the intellectual property of American businesses."

Obama "should continue to press China to open its markets through every available avenue. And when China has violated its international obligations, the United States must aggressively enforce its rights," said Camp.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
Moody's lowers Sony rating outlook
Tokyo (AFP) Oct 18, 2011
Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions. Moody's said the downgrade from stable was because the firm "faces significant cyclical headwinds" and "structural challenges in some of its core businesses". "Moody's believes that adverse market conditions, suc ... read more


TRADE WARS
Space Exploration Technologies Ready to Compete for Upcoming DoD Launches

Huge stakes riding on maiden Soyuz launch from Kourou

First Soyuz ready for liftoff from French Guiana

New entrant certification strategy announced

TRADE WARS
Russian scientists want to join Europe's ExoMars mission

While the US Stalls, Europe Moves On to Mars

Opportunity Keeps Rolling With an Eye on Future Havens for Next Winter

Russia invited to join Mars missions

TRADE WARS
Subtly Shaded Map of Moon Reveals Titanium Treasure Troves

NASA's Moon Twins Going Their Own Way

Titanium treasure found on Moon

NASA Invites Students to Name Moon-Bound Spacecraft

TRADE WARS
Dwarf planet may not be bigger than Pluto

Series of bumps sent Uranus into its sideways spin

Mission to Mysterious Uranus

Spinning hourglass object may be the first of many to be discovered in the Kuiper belt

TRADE WARS
UChicago launches search for distant worlds

UChicago launches search for distant worlds

Astronomers Find Elusive Planets in Decade-Old Hubble Data

University of Texas-led Team Discovers Unusual Multi-Planet System with NASA's Kepler Spacecraft

TRADE WARS
Caltech Event Marks 75th Anniversary of JPL Rocket Tests

Russia puts new Rus-M carrier rocket project on hold

Russia to abandon rocket booster work

Pee power: Urine-loving bug churns out space fuel

TRADE WARS
China's first space lab module in good condition

Takeoff For Tiangong

Snafu as China space launch set to US patriotic song

Civilians given chance to reach for the stars

TRADE WARS
NASA's Dawn Science Team Presents Early Science Results

Amateur skywatchers help space hazards team

New View of Vesta Mountain From NASA's Dawn Mission

Almahata Sitta Meteorites Could Come From Triple Asteroid Mash-Up


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement