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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (31380)10/26/2010 7:20:37 PM
From: ggersh  Respond to of 71479
 
Actually 22,000 bails out WS and hedge funds,
need to see 36,000 for the pensions to get even! -g-



To: DebtBomb who wrote (31380)10/27/2010 8:03:20 AM
From: Giordano Bruno  Read Replies (1) | Respond to of 71479
 
Perpetuating a trade war

Probes 'protecting' US business

...During the first half of this year, the US initiated 28 Section 337 investigations worldwide. Of these, 12 cases pointed to China. Chinese exports of solar energy lamps, crystal displays and printers were affected.

By the end of September, the US had launched 102 Section 337 investigations against China, with the majority of them occurring in the past five years.

"Technology intensive products, such as electronic, information and machinery products that involve patents, are major victims of the 337 investigations," Zhong said.

"There is a clear sign that the Section 337 investigations targeting China are growing. China is the major target of the investigations," said Wang Guiqing, deputy chairman of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.

But Chinese companies are also well on track for intellectual property rights (IPR) applications, analysts said. Last year, China applied for nearly 8,000 global IPRs, an increase of 30 percent year-on-year. That ranked the country fifth in the field worldwide.

"The reason for the upward trend (of investigations) lies in the unequal measures taken by the US against Chinese enterprises, such as lower standards for approval over the initiation of investigations," Wang said.

"While Chinese technology innovation accelerates, the foreign nations will raise the alert and try to fully leverage the 337 investigations to beat down their Chinese counterparts," Wang said.

With the US mid-term election campaign gearing up and the country's unemployment rate remaining high, many say the US has stepped up efforts to attack China and its policies to shift its own problems to Chinese enterprises. US senators are also considering legislation to charge duties for Chinese imports following allegations that China undervalues its currency.

The US is also shifting its focus to high-value-added products, analysts said. The US recently launched investigations against China by claiming that the country subsidized its clean energy sector, but Chinese authorities and industrial associations have denied the accusations.

chinadaily.com.cn