Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. Energy News .




TRADE WARS
US finance chief to raise China currency on Asia trip
by Staff Writers
Washington (AFP) Nov 08, 2013


US Treasury Secretary Jack Lew will raise concerns about China's trade policies and seek headway on an Asian trade pact during a visit next week.

Lew will start a trip Tuesday to Japan then visit three other countries in the Trans-Pacific Partnership negotiations -- Singapore, Malaysia and Vietnam -- before talks Friday in Beijing, the Treasury Department said Friday.

"In China, he will discuss progress on the reform agenda and efforts to level the playing field for US workers and business," a Treasury Department statement said.

Lew will also speak with China about enforcement of sanctions on Iran and North Korea over their disputed nuclear programs, it said.

The Treasury Department last week charged that China's yuan currency remains undervalued, which gives the manufacturing superpower a trade advantage.

But the Treasury stopped short of branding China a currency manipulator, a designation that could trigger sanctions.

President Barack Obama's administration has preferred quiet diplomacy with China and the yuan has gradually been rising, largely in response to inflationary concerns.

But in recent months, the Obama administration has been vocal in pressing China to crack down on theft of intellectual property, which a report this year said was costing US industry billions of dollars a year.

The United States has generally supported an aggressive push by Japanese Prime Minister Shinzo Abe to boost the world's third-largest economy, although US lawmakers have also voiced concern about the depreciation of the yen.

Abe has brushed aside concerns by Japanese farmers to enter talks on the Trans-Pacific Partnership, a US-driven effort to create a vast free-trade zone.

The pact would bring together the economies of Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

The countries, which account for more than one-third of the global economy, have called for an agreement by the end of the year but several officials have admitted publicly that the goal is unrealistic.

.


Related Links
Global Trade News






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




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
China's October exports rise better-than-expected 5.6%
Beijing (AFP) Nov 08, 2013
Chinese exports grew faster than expected in October, data showed Friday, adding to signs the economy is picking up but analysts cautioned that global headwinds could still block any further improvement. The General Administration of Customs said overseas shipments expanded 5.6 percent year-on-year to $185.4 billion last month, reversing a 0.3-percent fall in September. It is also ahead of a ... read more


TRADE WARS
Emissions pricing and overcompensating

EU bids to revive carbon market on eve of Warsaw climate meet

Estimating Policy-Driven Greenhouse Gas Emissions Trajectories in California

Lithuania seeking 'swift' approval of EU grid connection funds

TRADE WARS
New technology can harvest 'lost' energy, create electricity

Shell 'manipulates Nigeria oil spills probes': Amnesty

Colorado vote against fracking to trigger more opposition?

Lebanon's gas boom-in-waiting goes into deep freeze

TRADE WARS
Wind turbines blamed in death of estimated 600,000 bats in 2012

Assessing impact of noise from offshore wind farm construction may help protect marine mammals

Windswept German island gives power to the people

When the wind blows

TRADE WARS
The Next Big Thing in the Energy Sector: Photovoltaic Generated DC Electricity

Big beats bolster solar cell efficiency

Understanding what makes a thin film solar cell efficient

Martifer Solar and Hanwha Q CELLS Korea complete PV project in Portugal

TRADE WARS
Fukushima plant readies for delicate fuel rod removal

Japan's Toshiba to buy British nuclear firm: report

Volume of nuclear waste could be reduced by 90 percent

Fukushima operator TEPCO considers split: report

TRADE WARS
Burning biomass pellets instead of wood or plants in China could lower mercury emissions

Scientists trick algae's biological clock to create valuable compounds

Crafting a better enzyme cocktail to turn plants into fuel faster

Chickens to benefit from biofuel bonanza

TRADE WARS
China shows off moon rover model before space launch

China providing space training

China launches experimental satellite Shijian-16

China Moon Rover A New Opportunity To Explore Our Nearest Neighbor

TRADE WARS
UN climate talks amid new warnings of dire warming

Greenhouse gas in atmosphere hits new record: UN

Two-degree global warming limit 'ever-more elusive': UN

Is global heating hiding out in the oceans




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. 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