Ainsley Shea China

Ainsley Shea China provides the cultural awareness and business acumen resources necessary for companies and consumers to create both economic and improved quality of life opportunities for themselves. Our firm provides a bi-lingual, bi-national pipeline between China and the USA to pursue such opportunities. Find us at http://ainsleyshea.com/

BBC News - China rape arrest after web anger

Officials said Li Xingong, a former senior official in the central city of Yongcheng, had confessed during a police interrogation.

He was accused of raping 10 girls.

The case sparked heated debate among microblog users, who frequently vent their frustration about perceived abuses of power by local officials.

Mr Li’s name began circulating on websites last week.

He was arrested on Friday, and a statement from the party in Yongcheng city said the inquiry was continuing.

It added that he would be “severely and swiftly punished”.

State-run Hangzhou Daily had previously reported that Mr Li was caught “committing the crime” outside a school on 8 May, though the paper did not specify the crime.

The Chinese government’s stimulus in response to the nation’s economic slowdown will probably range from 1 trillion yuan ($157.6 billion) to 2 trillion yuan, half the size of 2008’s package, Credit Suisse Group AG said yesterday. China has no intention to introduce a large-scale stimulus like it did during the global financial crisis in response to this year’s slowdown, the official Xinhua News Agency said today.

Mount Huang, also known as Huangshan, is a mountain range in southern Anhui province in eastern China, located in Huangshan City, Anhui Province, across the city Yi County, Xiuning County and Huangshan District, Huizhou District. It is said that Sunrise, grotesque rocks, dramatic pines and seas of clouds, thermal spring are the “five matchless things of Huangshan” and all of them are marvelous to both local and overseas visitors. (Top 10 Natural Wonders)

Mount Huang, also known as Huangshan, is a mountain range in southern Anhui province in eastern China, located in Huangshan City, Anhui Province, across the city Yi County, Xiuning County and Huangshan District, Huizhou District. It is said that Sunrise, grotesque rocks, dramatic pines and seas of clouds, thermal spring are the “five matchless things of Huangshan” and all of them are marvelous to both local and overseas visitors. (Top 10 Natural Wonders)

China’s annual “Science and Technology Week” by calling for accelerated scientific progress and the development of new technology, popularization of scientific knowledge and the creation of an environment for innovation. “Science and Technology Week” has been held annually since 2001 and more than 600 million people have participated in its activities.

Chinese solar equipment manufacturers warned earlier that sanctions could result in a loss of American jobs because US companies are both buyers of Chinese products and suppliers of materials. They said Chinese manufacturers spend some $2 billion a year to buy materials such as polysilicon from US suppliers.

BEIJING – The Chinese are coming — to your local movie theater. With the fanfare from Superman, and toasts of red wine, representatives of Chinese company Wanda signed a deal in Beijing Monday morning to buy AMC, the second-largest theater chain in theUSA.

If approved by U.S. and Chinese regulators, the $2.6 billion acquisition will create the world’s largest theater group, the companies said. The move, China’s biggest corporate takeover to date in the USA, highlights the rising financial strength of its top firms.

US Orders Duties on Chinese Solar Panels

U.S. trade officials ordered 31% duties on China’s top makers of solar panels, in a decision that is likely to help U.S. solar-equipment manufacturers but could stir trade tensions with China. The Commerce Department said products made by Suntech Power Holdings Co., Trina Solar Ltd. and 59 other Chinese exporters will face the 31% antidumping duty, which it said it was levying because the companies sold their products in the U.S. at less than fair value. Other minor Chinese producers would face 250%…Full text

on May 13th that China, Japan and South Korea are to open talks on establishing a trilateral free-trade area
he Trans-Pacific Partnership (TPP), which is being pushed by America, to form a grand Asia-Pacific free-trade area. the TPP is not complementary to the China-promoted trilateral initiative. It is in competition with it. Besides America, the TPP brings in eight other countries (Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam) which met this week in Dallas for their 12th round of talks.
(via Banyan: Trading strategies | The Economist)

on May 13th that China, Japan and South Korea are to open talks on establishing a trilateral free-trade area

he Trans-Pacific Partnership (TPP), which is being pushed by America, to form a grand Asia-Pacific free-trade area. the TPP is not complementary to the China-promoted trilateral initiative. It is in competition with it. Besides America, the TPP brings in eight other countries (Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam) which met this week in Dallas for their 12th round of talks.

(via Banyan: Trading strategies | The Economist)

(via Obama’s Tariffs on China’s Solar Products Will Cost U.S. - Bloomberg)
In March, the Commerce Department imposed preliminary tariffs of as much as 4.73 percent on Chinese solar panels. The move was seen mainly as a slap on the wrist, given that China sells its modules for about 12 percent less. The tariffs being decided this week stand to be much higher — as much as 100 percent — which could have major ramifications, particularly for U.S. companies using Chinese materials in their products. It’s no wonder the solar industry is split on the issue.

(via Obama’s Tariffs on China’s Solar Products Will Cost U.S. - Bloomberg)

In March, the Commerce Department imposed preliminary tariffs of as much as 4.73 percent on Chinese solar panels. The move was seen mainly as a slap on the wrist, given that China sells its modules for about 12 percent less. The tariffs being decided this week stand to be much higher — as much as 100 percent — which could have major ramifications, particularly for U.S. companies using Chinese materials in their products. It’s no wonder the solar industry is split on the issue.

ABC News: ‘Made in America’ Products Selling in China

U.S. entrepreneurs capitalize on winning formula for marketing to the world.

Watch the report here: http://abcnews.go.com/WNT/video/made-america-products-selling-china-16354332

BY DAVID MUIR (@DavidMuir) , ERIC NOLL and ENJOLI FRANCIS

May 15, 2012

In China, there is a hunger for all things American — and U.S. businesses, small and large, are taking note.

According to the U.S.-China Business Council, the Chinese spent $104 billion in U.S. exports in the last year — up 542 percent from 10 years ago.

In China recently, Oscar Atkinson, a CEO at Silicone Arts Labs in Memphis, Tenn., visited with potential partners in Beijing and then went to a medical trade fair in Shenzhen, shopping around his company’s new skin concealer product called Dermaflage.

“The Chinese consumer is just as image-conscious as the American consumer,” he said. “We could have great success if we could find the right partner [and] overcome the regulatory hurdles, which are not significant. I’m looking forward to it.”

Even U.S. giants like Pringles and Coca-Cola have figured out there’s money to be made across the Pacific.

In Jackson, Tenn., a Pringles chip plant changes the flavors of its chips to soft-shell crab, grilled shrimp and seaweed before shipping to the Chinese middle class. Currently, one of every three Pringles cans goes overseas.

Skippy peanut butter, which is made in Little Rock, Ark., now ships to 70 countries. And Coca-Cola has created a beverage — which tastes like a sweet version of orange juice — to cater to the Chinese. The oranges come from the groves of Florida but are sold 11,000 miles away in Shanghai in a drink named Pulpy.

It’s not just food. Mack’s, the world’s largest manufacturer of moldable, silicone earplugs, now provides labels for the Chinese market.

And most of the makeup in China bears U.S. labels — which is why Atkinson was there, traveling from city to city making his sales pitch for Dermaflage.

He said the Shenzhen trade show was packed with people and international companies.

“It’s really something to behold,” he told ABC News.

But other U.S. entrepreneurs like Lion Brand Yarn in New Jersey have found another way to reach the masses in China — through Export Now, an Amazon.com-like business that helps small- and medium-size U.S. businesses sell to Chinese consumers.

“Much like customers in other parts of the world, Chinese customers are often skeptical about the quality of Chinese-made products,” Export Now said. “U.S. products … are getting more and more welcome in the local market.”

The company, which sells everything from flip-flops to T-shirts and skateboards, said that 370 million Chinese had logged in to shop for U.S products on its website so far and that last year the site had sold $60 billion in U.S products.

China, Japan and South Korea combined have the world’s largest economy — ahead of the European Union — when measured by purchasing power parity, which takes into account differences in the costs of living across nations.
Progress on a free-trade pact had widely expected to be on the agenda of the China-South Korea-Japan leaders’ meeting on Sunday — the fifth such summit to take place.
For Japan, free-trade talks with China and South Korea will come on top of efforts to join the Trans-Pacific Partnership (TPP), a trade agreement being negotiated by a group of countries led by the US, but excluding China. (via China, Japan, S Korea agree to start free-trade talks – The Express Tribune)

China, Japan and South Korea combined have the world’s largest economy — ahead of the European Union — when measured by purchasing power parity, which takes into account differences in the costs of living across nations.

Progress on a free-trade pact had widely expected to be on the agenda of the China-South Korea-Japan leaders’ meeting on Sunday — the fifth such summit to take place.

For Japan, free-trade talks with China and South Korea will come on top of efforts to join the Trans-Pacific Partnership (TPP), a trade agreement being negotiated by a group of countries led by the US, but excluding China. (via China, Japan, S Korea agree to start free-trade talks – The Express Tribune)

He said the U.S. was negotiating too slowly on the Trans-Pacific Partnership, or TPP — a trade pact with eight other nations — and should seek bilateral pacts with Taiwan and India. “The bottom line is that America’s long-term strategic and economic success requires an ambitious trade strategy in Asia,” McCain, R-Ariz., said in a speech on U.S. policy toward Asia at the Center for Strategic and International Studies in Washington.