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Jul 8, 2013

U.S.-China talks chance to sound out Beijing on economic reforms

WASHINGTON (Reuters) – High-level U.S.-China security and economic talks in Washington this week will give the United States a chance to size up Beijing’s new leadership team and its talk of economic reform, American officials said on Monday.

Both the United States and China are fielding cabinet-level leaders at the annual Strategic & Economic Dialogue (S&ED), to open in Washington on Wednesday for two days.

Jul 8, 2013

Snowden affair clouds U.S. attempts to press China to curb cyber theft

WASHINGTON (Reuters) – Revelations by former U.S. spy agency contractor Edward Snowden will make it harder for the United States to confront China at talks this week over the alleged cyber theft of trade secrets worth hundreds of billions of dollars each year.

Snowden’s disclosures of American electronic surveillance around the world give China an argument to counter U.S. complaints that it steals private intellectual property (IP) from U.S. companies and research centers.

Jun 27, 2013

China currency limits feed Macau casino crime -Nevada gaming official

WASHINGTON, June 27 (Reuters) – China’s currency controls
create incentives for Chinese gamblers to launder their winnings
through organized crime gangs in Macau, Nevada’s state gaming
regulator said on Thursday.

Testifying before a U.S. congressional advisory panel
investigating money laundering in Macau, A.G. Burnett, chairman
of the Nevada State Gaming Control Board, said he regulates
three U.S.-owned casinos on the island, but he can only do so
much.

Jun 25, 2013

U.S. taps Kerry’s deputy as point man with Russia on Snowden

WASHINGTON (Reuters) – The thorny task of convincing Russia to hand over fugitive security contractor Edward Snowden has been put in the hands of U.S. Deputy Secretary of State Bill Burns, a decorated diplomat with deep contacts in Moscow from a stint as envoy there.

The 57-year-old Burns, a top-ranking career diplomat, has faced off with Russian President Vladimir Putin before, serving in Moscow during a particularly rough patch in bilateral ties.

Jun 25, 2013

U.S. angry about Snowden’s protectors, but will it get even?

WASHINGTON (Reuters) – U.S. officials and lawmakers have made it clear they’re furious at the governments that have played a role in enabling fugitive security contractor Edward Snowden’s globe-trotting, but the United States is expected to take a restrained approach to any retribution.

President Barack Obama’s administration has been trying to track Snowden since he slipped out of Hong Kong and flew to Moscow on Sunday, but his whereabouts remained a mystery amid a blizzard of speculative reports that he could be headed to Cuba, Ecuador, or Iceland.

Jun 24, 2013

For Obama, a world of Snowden troubles

WASHINGTON (Reuters) – Since his first day in office, President Barack Obama’s foreign policy has rested on outreach: resetting ties with Russia, building a partnership with China and offering a fresh start with antagonistic leaders from Iran to Venezuela.

But the global travels on Sunday of former National Security Agency contractor Edward Snowden highlight the limits of that approach. Leaders Obama has wooed – and met recently – were willing to snub the American president.

Jun 23, 2013

Analysis: For Obama, a world of Snowden troubles

WASHINGTON (Reuters) – Since his first day in office, President Barack Obama’s foreign policy has rested on outreach: resetting ties with Russia, building a partnership with China and offering a fresh start with antagonistic leaders from Iran to Venezuela.

But the global travels on Sunday of former National Security Agency contractor Edward Snowden highlight the limits of that approach. Leaders Obama has wooed – and met recently – were willing to snub the American president.

Jun 23, 2013

U.S. lawmakers slam Russia for abetting Snowden flight

WASHINGTON (Reuters) – U.S. lawmakers on Sunday said former national security contractor Edward Snowden’s reported flight to Russia with a plan to flee onward to Cuba or Venezuela undermined his whistle blower claims and they slammed Moscow for helping a fugitive.

An aircraft thought to be carrying Snowden landed in Moscow on Sunday after Hong Kong let the former U.S. National Security Agency contractor leave the territory, despite Washington’s efforts to extradite him to face espionage charges.

Jun 20, 2013

Lawmaker, university spar over ‘control’ of Chinese dissident in U.S.

WASHINGTON (Reuters) – A U.S. congressman who has been blind Chinese dissident Chen Guangcheng’s main champion in Washington said people working for New York University have tried to keep him from meeting Chen, barging into a meeting on Capitol Hill and pulling Chen out on one occasion.

U.S. Representative Chris Smith, an outspoken supporter of Chinese dissidents since the 1980s, described repeated instances of various people he says were from NYU interfering in his attempts to meet with Chen.

Jun 9, 2013

Despite the politics, Chinese investment in U.S. grows

, June 9 (Reuters) – The biggest-ever Chinese
acquisition of a U.S. company faces hurdles in Washington from
lawmakers and regulators, but in much of America, Chinese
investment is quietly booming.

With over $10.5 billion of deals by Chinese companies in the
United States so far this year, 2013 is on pace to be the
largest year ever for mergers and acquisitions of U.S. firms by
Chinese companies, according to Thomson Reuters data.