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Under the deal a new pipeline will be built by China through jungle and the Andean mountains to get 600,000 barrels of Venezuelan and Colombian oil a day to the Pacific coast. With lower exports expected to the U.S., Colombia plans to shift much of its over 1 million barrels a day of oil production to China.
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Middle East Oil Fuels Fresh China-U.S. Tensions
Wall Street Journal 10/10/2013
Colombia, China Close In on Coal and Railway Deal
Wall Street Journal 10/18/2013
China Boosts Support for Latin Leftists
Wall Street Journal 01/08/2015
Colombia, China Strike Oil Deals
Wall Street Journal 05/10/2012
Wall Street Journal 08/10/2012
The failure of the establishment of both parties in the USA to take action in the face of the loss of 5.6 million jobs in the last decade, with $4.3 trillion in trade imbalances. An issue which resonates with voters in the US and could lead to a fundamental realignent of American attitudes to globalization and free trade. The feeling that the free-trade deck is stacked against the USA by Asian countries. China's efforts to keep the yuan dollar exchange rate at levels that favor exports. China's accumulation of over $3 trillion in dollar reserves that are parked mostly in Treasury's that keep U.S. interests low. Distortons in the global economy from the failure to rebalance the world economy hurts China and the U.S.
Grouped Articles
Wall Street Journal 10/04/2011
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
New York Times 09/30/2010
Wall Street Journal 10/02/2010
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/2015
What’s Our Duty to the People Globalization Leaves Behind?
New York Times 01/26/2016
Grouped Articles
Economist 03/31/2010
Those Amber Waves Are Fueling Exports
BusinessWeek 10/21/2010
Wall Street Goes Down on the Farm for Real Dirt
Wall Street Journal 08/26/2011
Wall Street Journal 08/10/2012
Drought Forces Reductions in U.S. Crop Forecasts
New York Times 08/10/2012
Prices Surge as Drought Stunts Corn Crop
Wall Street Journal 08/12/2012
'Rebalancing' is the idea that China will consumer more US goods and export less to the US, reducing the lopsided trade imbalance between the two countries. China's government continues its focus on exports and infrastructure in 2009-2011. China's banking system focusses on lending to state-owned companies and the system does not have the attitude, incentives or the mechanisms and experience to increase lending to consumers or small business. Experts say rebalancing is doubtful without serious changes in the banking system and government policy which are not likely.
Grouped Articles
Wall Street Journal 07/15/2013
New York Times 12/18/2011
Economist 03/31/2010
Fixing a Perception Gap for the Underappreciated G-20
Wall Street Journal 08/27/2013
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish
New York Times 12/26/2014
This includes Krugman, recent Nobel Prize winner, Morici, University of Maryland, Hatzius of Goldman and Kasman of JP Morgan. Other experts also welcome the depreciation ogf the dollar as long as it is not a sudden drop. With consumers strapped, quantitiative easing reaching its limits, the stimulus in place, rising unemployment in 2010 and very poor capacity utilization, exports are a sure way to lift the economy. Morici and Krugman see a Chinese disconnect with it siphonig growth away from other countries through keeping its currency low. Morici cites the example of solar panels where China requires 75% domestic content for imports.
Grouped Articles
Cities Adapt With Mixed Results
Wall Street Journal 09/27/2011
Wall Street Journal 10/04/2011
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/2015
Cheaper Chinese Currency Has Global Impact
Wall Street Journal 08/12/2015
U.S. Strains Mount After China Devalues Yuan
Wall Street Journal 08/12/2015
Peter Morici: Behind the Dollar's Dog Days
BusinessWeek 10/15/2009
Grouped Articles
Economist 03/31/2010
U.S. Trade Gap Widens on Drop in Exports
Wall Street Journal 11/05/2014
Dollar Surges to 11-Year High Against Biggest Rivals
Wall Street Journal 01/04/2015
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/2015
Exporting Our Way to Stability
New York Times 11/05/2010
How can Boeing, our biggest exporter, get foreign airlines to buy more planes?
Washington Post 11/06/2010
Grouped Articles
Economist 03/31/2010
Strong Dollar Shreds Wheat Exports
Wall Street Journal 12/07/2015
Wall Street Journal 07/12/2011
Wall Street Goes Down on the Farm for Real Dirt
Wall Street Journal 08/26/2011
Wall Street Journal 08/27/2011
Wall Street Journal 10/01/2011
American action against products from China that are dumped on the U.S. market. The unervalued Chinese currency and subsidized exports.
Grouped Articles
Wall Street Journal 10/04/2011
Economist 03/31/2010
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/2013
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
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