Tuesday, January 29, 2008

Techdirt: China Can Access Mobile Phone Data To Spy On People

Techdirt: China Can Access Mobile Phone Data To Spy On People:
"Given China's mentality towards its citizens, it probably won't surprise many people to find out that the head of the country's biggest mobile phone operator gleefully acknowledges that it can spy on anyone's location and has no qualms about handing that info over to authorities."

Monday, January 28, 2008

Weak Dollar Fuels China's Buying Spree Of U.S. Firms - washingtonpost.com

Weak Dollar Fuels China's Buying Spree Of U.S. Firms - washingtonpost.com:
"SHANGHAI -- From his posh office in a coastal city in eastern China, millionaire Zhou Jiaru oversees more than 100 workers at an auto parts refurbishing factory he purchased in a struggling manufacturing town on the other side of the world.

Zhou's new company is in Spartanburg, S.C.

The Chinese entrepreneur bought it from Richard Lovely, a 56-year-old industrial engineer and mechanic who says his business was in dire straits because of competition from abroad.

Zhou's 85 percent stake in the company now known as GSP North America is one example of how the weak dollar and weakening U.S. economy have made the United States a bargain for overseas companies shopping for investments."

Friday, January 25, 2008

Republicans debate economy, attack Clinton | Reuters

Republicans debate economy, attack Clinton | Reuters:

"Most of the Republicans backed a $150 billion fiscal stimulus plan agreed on by Bush and leaders of the U.S. House of Representatives on Thursday but said it should be only the beginning, that more tax cuts are needed to help re-energize the ailing U.S. economy.

Huckabee tried to raise some questions about the stimulus.

'One of the concerns that I have is that we'll probably end up borrowing $150 billion from the Chinese,' he said. 'And when we get those rebate checks most people are going to go out and buy stuff that's been imported from China. I have to wonder whose economy will be stimulated the most by the package.'"

Friday, January 4, 2008

Bloomberg.com: Worldwide

Bloomberg.com: Worldwide:
"Dec. 27 (Bloomberg) -- Belluna Co. fell the most in a week after the Japanese mail-order company said a four-year-old boy was suffocated by a Chinese-made electric bed it sold."

AFP: Chinese-made 'supplements' contain Viagra drug, US regulator warns

The Chinese problems continue. I wonder how many Chinese-made drugs pollute our pharmacies?

AFP: Chinese-made 'supplements' contain Viagra drug, US regulator warns:

"WASHINGTON (AFP) — The US drug safety watchdog warned Monday on its website that several Chinese-made 'dietary supplements' contain the active ingredient found in Viagra, and could be harmful to consumers.

'The US Food and Drug Administration (FDA) is advising consumers not to buy or use Super Shangai, Strong Testis, Shangai Ultra, Shangai Ultra X, Lady Shangai, and Shangai Regular, also marketed as Shangai Chaojimengnan, products,' the FDA said in a statement.

'These products, which originate in China, are being marketed for the treatment of erectile dysfunction and for sexual enhancement,' the statement said.

None of the product labels mention that they contain sildenafil, the active drug in Viagra, or a similar compound, it said.

'The undeclared ingredients in these products may interact with nitrates found in some prescription drugs and can lower blood pressure to dangerous levels,' the statement warned.

Particularly at risk are sufferers of diabetes, high blood pressure, high cholesterol, or heart disease."