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    What will $10 billion Get You? A Lot of Nuclear Energy

    From Reuters: China has started building a new nuclear power plant in the southern Chinese province of Guangdong, the second of three Beijing aimed to begin constructing in the final two months of the year. The 70 billion yuan ($10.2 billion) Yangjiang plant, in Yangjiang City, will have six units … More

    No China Life Line Coming

    The realization that China is in no position to be especially helpful in coping with the financial crisis is finally beginning to sink in with the mainstream media. The Washington Post, Wall Street Journal, and Financial Times today ran front-page stories that Chinese exports and imports contracted in November. This … More

    Americans Already Suffering from the Left's Protectionism

    Throughout the presidential campaign Barak Obama apologists like Fareed Zakaria hoped that Obama was just lying to the American people about his protectionist stances on trade, and that if elected Obama would prove to be every bit the free trader that Presidents Bill Clinton and George Bush have been. We … More

    How the U.S. Should React to Chinese Price-Fixing Case

    Today’s Wall Street Journal has a story about China’s defense of price fixing with potentially vital implications for American trade policy. A group of PRC vitamin-makers admit illegal price fixing in the United States, but claim they are immune to prosecution because China’s Ministry of Commerce made them do it, … More

    How Are We Different Than Communist China, Again?

    Barack Obama pushes for a $500 billion stimulus. Communist China announces a $586 billion economic stimulus. Barack Obama is pushing for a government bailout of U.S. auto makers conditioned on putting “a government representative on the boards of rescued auto makers, to ensure they hew to conditions attached to the … More

    Morning Bell: We're About to Have a Jobs Terminator in Washington

    In a taped message shown yesterday to California Gov. Arnold Schwarzenegger’s “Governors Global Climate Summit,” President-elect Barack Obama reiterated much of the same rhetoric from the campaign trail: a federal cap-and-trade system, cutting carbon emissions by 80% by 2020, $15 billion a year in new spending, and 5 million new … More

    Schwab: Colombia Trade Deal Is the Best Stimulus Package

    The Club For Growth interviewed U.S. Trade Representative Susan Schwab for its new podcast. Among the topics discussed were the Columbia Free Trade Agreement, trade relations with China, the G20 meetings that took place over the weekend, and President Bush’s free trade legacy. Schwab had this to say about the Colombia … More

    China's Public Relations Stunt

    Derek Scissors, a research fellow for Asia economic policy, says the world leaders meeting in Washington for the G-20 summit should view China’s stimulus package as an expensive public relations move. [youtube]http://www.youtube.com/watch?v=JSB28WHrv7U[/youtube]

    Bell Ringers

    A Round up of Op-eds from the Heritage Foundation US: Why We are All Winners – Israel Ortega Many of us who are first-generation Americans retain immediate connections to nations truly savaged by civil unrest, ethnic and class conflict and political violence. We don’t have to think too hard to … More

    China's Economic Report: The Good, the Bad, and the Completely Unbelievable

    China announced economic results yesterday. The results are simultaneously good, bad, and completely unbelievable. The good: GDP growth was put at 9% in the third quarter of this year. This would please almost any country in the world at almost any time. For this particular third quarter, the U.S. would … More