BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[China dumps on US product quality]]>http://www.bloggingstocks.com/2007/10/10/china-dumps-on-us-product-quality/http://www.bloggingstocks.com/2007/10/10/china-dumps-on-us-product-quality/http://www.bloggingstocks.com/2007/10/10/china-dumps-on-us-product-quality/#commentsFiled under: , , , , ,

Turnabout is fair play. Sometimes.

The Chinese government is making a long list of US goods and services that are no good. According to The Wall Street Journal the items include turbines from GE (NYSE: GE) and everything from pacemakers to cotton pickers to ultrasound scanners from other companies.

Of course, some things made in the US don't work or are broken. But the fact that senior China officials are making these lists now does seem a bit odd. Especially after Chinese-made toy cups from Starbucks (NASDAQ: SBUX) and toys from Mattel (NYSE: MAT) have been recalled by the hundreds of thousands.

No one is fooled here. It is strange that the Beijing government believes that pointing the finger at the US will take the spotlight off its country's failings. But Chinese trade officials have to to something to keep their jobs.

Douglas A. McIntyre is a partner at 24/7 Wall St.

China dumps on US product quality originally appeared on BloggingStocks on Wed, 10 Oct 2007 08:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CHINACHINA TOY RECALLSChinaToyRecallsCHINESE TRADEChineseTradeGEinthenewsMATSBUXTRADEWed, 10 Oct 2007 08:45:00 EST<![CDATA[Despite recalls, another great month for Chinese exports]]>http://www.bloggingstocks.com/2007/08/10/another-great-month-for-chinese-exports/http://www.bloggingstocks.com/2007/08/10/another-great-month-for-chinese-exports/http://www.bloggingstocks.com/2007/08/10/another-great-month-for-chinese-exports/#commentsFiled under: , , , , , ,

During the month of July, China had yet another very impressive trade surplus, showing a 67 percent jump year over year to $24.4 billion. The country has been under serious scrutiny regarding its currency controls, but still denies that it is trying to manipulate a surplus.

July's figures are sure to spark more debate over what to do with the Chinese trade situation.

Last year America had a trade deficit of $232.5 billion with China, its largest one-year deficit with one country in history. This year analysts are predicting that number to increase.

While it is true that the Chinese government has been trying to curb the difference by adding exports on some of its goods and taking back rebates on taxes of certain goods, the impact of these efforts has been negated by lower import levels of many high dollar items. The country has been undergoing massive growth over the past several years, and the country has been trying to cool the country's growth by slowing down construction, which has lowered its import levels.

It just goes to show that even with all the recent bad press over harmful Chinese imports, Americans are still gobbling up cheap Chinese goods as fast as they can.

Michael Fowlkes has worked as a stock trader for seven years and spent the last two years working as an analyst for the online investment advisory service Investor's Observer.

Despite recalls, another great month for Chinese exports originally appeared on BloggingStocks on Fri, 10 Aug 2007 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>china recallChinaRecallChinese tradeChineseTradedollarfeaturedtrade deficittrade surplusFri, 10 Aug 2007 09:30:00 EST