The U.S. total deficit with China hit a record $29.5 billion

In October 2012, the government has been reported that the U.S. total trade deficit with China hit a record $29.5 billion. Congratulations, America: another sign of a robust and recovering economy no doubt.

WSJ: Canada is starting to ask questions and say no to Chinese Oil Deals

Japan Trade Suffers with China

TOKYO — Japanese exports tumbled 10.3 percent in the year to September, data showed Monday, the sharpest decline since the aftermath of the 2011 earthquake and tsunami, and the Bank of Japan cut its outlook for the country’s regional economies amid a dispute with China and weak global demand.

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China: A major perpetrator of cyber-espionage

"China is known to be the major perpetrator of cyber-espionage, and Huawei and ZTE failed to alleviate serious concerns throughout this important investigation. American businesses should use other vendors."
     --- committee chairman, Rep. Mike Rogers, R-Mich



Congressional Report:

"Huawei and ZTE cannot be trusted to be free of foreign state influence and thus pose a security threat to the United States and to our systems."

Fresh South China Sea Tensions

China on its foreign ministry website:

“The US state department's so-called statement on the South China Sea issue disregards reality, confuses right and wrong, and sends a seriously wrong signal.”

FBI probes Chinese telecom giant ZTE

FBI probes the Chinese telecom group ZTE over trade deals where they allegedly sold U.S. technology to Iran.

The Obama trade war with China

President Obama tells unionized voters in Ohio about "unfair" Chinese trade duties. The same election script, it seems, that was read four years ago.