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EconomyWake Up America, the Chinese (Investors) Are Coming!But there’s no reason to be afraidBy Michael Schuman @MichaelSchumanJan. 16, 2014Read more: China Targets Overseas Investment | TIME.com 

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EconomyWake Up America, the Chinese (Investors) Are Coming!But there’s no reason to be afraidBy Michael Schuman @MichaelSchumanJan. 16, 2014Read more: China Targets Overseas Investment | TIME.com 

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It is a news article which is totally positive to china since it shows how rich and economically strong china is. "China last year overtook the U.S. as the world’s biggest trading nation." It is a quote from the news which is an official statistic showing china is the biggest trading country in the world. As a chinese i feel quite proud of my country. : )

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But there's no reason to be afraid

China Daily / Reuters

A quarter century ago, Americans were rattled by a surge of money coming from an Asian upstart, Japan. It seemed that Japanese firms were everywhere, buying everything, from cherished landmarks like Rockefeller Center to prized corporate assets such as Columbia Pictures. Was anything safe or sacred before an avalanche of Japanese cash?

Today, the U.S. is potentially facing yet another onslaught from Asia, this time from another economic rival, China. Just like Japan in the 1980s, China today is translating its expanding wealth into global economic clout. China last year overtook the U.S. as the world's biggest trading nation. And increasingly, like the Japanese, Chinese firms are morphing themselves form manufacturers and exporters into major global investors. According to data from the American Enterprise Institute and Heritage Foundation, Chinese outward investment reached $85 billion in 2013, a dramatic increase from a mere $10 billion in 2005. The U.S. has been the No.1 destination, luring more than $14 billion of investment last year alone.

( MORE: Why Trying to Hurt China in the Trade Game Could Backfire)

That trend is likely to continue. The Chinese government is becoming more and more supportive of Chinese overseas investment. One goal of a renewed effort to reform the economy, launched by newly installed President Xi Jinping last year, is to liberalize financial flows and encourage Chinese companies to invest more outside of China. Deals done by Chinese firms are steadily rising in profile and size. Last year, China's Shuanghui agreed to purchase American pork giant Smithfield Foods for $4.7 billion, the biggest Chinese acquisition of a U.S. company yet. Right now, Chinese automaker Dongfeng is currently looking to grab a significant stake in struggling French carmaker Peugeot.

Not all Chinese money has been so welcome, however. Much like Japanese investment decades ago, Chinese incursions are sparking jitters. Concerns about cybersecurity in Washington have stymied attempts by mysterious Chinese telecom equipment maker Huawei to buy U.S. assets. Another worry is that investment from highly subsidized Chinese state-owned enterprises will expand the influence of China's government or skew market competition. According to the AEI-Heritage data, SOEs account for 68% of all investment in the U.S. (Outside of the US, their share is much larger, at roughly 94%.) Even the innocuous-sounding Smithfield deal faced criticism in Congress, with lawmakers questioning if Chinese ownership could damage American economic interests or taint the food supply.

Perhaps certain Chinese deals should be examined with a discerning eye, especially on national security grounds. But overall, greater Chinese investment could boost growth and jobs in the U.S. and around the world. Once-feared Japanese investment has become a major source of employment in the U.S. According to the Japan Automobile Manufacturers Association, Japan's carmakers and their dealer networks employ more than 400,000 people in the U.S. That's why investment from Japan no longer upsets anyone in America. Japan's Suntory announced on Monday it will buy U.S. bourbon distiller Beam in a $16 billion deal. Soon Chinese investors will probably seem every bit as ordinary.

MORE: When Exactly Will China Rule the Economic World?

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Wake Up America, the Chinese (Investors) Are Coming!

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A quarter century ago, Americans were rattled by a surge of money coming from an Asian upstart, Japan. It seemed that Japanese firms were everywhere, buying everything, from cherished landmarks like Rockefeller Center to prized corporate assets such as Columbia Pictures.

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Shanghai, Beijing Tackle Air PollutionBeijing and Shanghai are tackling air pollution, part of a larger government campaign to clean up China’s environment.By Shannon TiezziJanuary 17, 2014 18 6 1 0 25 Shares0 comments

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Shanghai, Beijing Tackle Air PollutionBeijing and Shanghai are tackling air pollution, part of a larger government campaign to clean up China’s environment.By Shannon TiezziJanuary 17, 2014 18 6 1 0 25 Shares0 comments

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It is a news report on how bad main cities in china, such as Shanghai and Beijing are pulluted.The U.S. Environmental Protection Agency, by contrast, has this level of pollution tagged as the second highest level on its scale, with a label of “very unhealthy.” Western media such as US labels it as bad, unhealthy pollution. so it gives western world a negative representation that china is polluted by showing a picture bellow which shows foggy, dusty and vague view of Shanghai.

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With air pollution reaching record levels, Chinese cities are taking new steps to combat the problem. This comes on the heels of a new emphasis on environmental protection by the central government.An article in People's Dailypromised that "China will be environmentally different after the Third Plenum." We're seeing steps towards making this promise into a reality.

Shanghai, spurred by its own pollution crisis in early December, has laid out a detailed "emergency air pollution plan." According to China Daily, the plan involves both a warning system for Shanghai's air pollution and a detailed plan of action for each of the four alert levels. The plan is an improved version of the original, issued in April 2013, in that it issues its pollution warnings 24 hours ahead of time, rather than after the fact.

However, the warning levels also underscore the extent of the problem: Shanghai's lowest level, a "blue alert" will be triggered when air quality index (AQI) readings are expected to remain between 201 and 300 for 24 hours. The U.S. Environmental Protection Agency, by contrast, has this level of pollution tagged as the second highest level on its scale, with a label of "very unhealthy." U.S. cities such as Washington DC routinely issue alerts when the AQI reaches above 100 (an "orange alert" on the U.S. scale), while it would take double this amount for Shanghai citizens to get an air quality warning.

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Beijing has also revamped its air pollution strategy as the city faces a repeat of last year's so-called "airpocalypse." According to , Beijing Mayor Wang Anshun has announced an "all-out effort" to bring down air pollution levels. Under the plan, Beijing will get rid of coal-burning boilers within the city's fifth ring road in a bid to cut coal use by 2.6 million tons. The city government also plans to ban "heavily polluting vehicles" (it's unclear what standard will be used to define this) as well as taking aim at "300 polluting companies" (again, it's unclear so far what actions exactly will be taken, or what companies will be targeted). Overall, Wang said, the Beijing municipal government has set aside 15 billion RMB ($2.4 billion) for the battle against air pollution in 2014.

In addition, chinadialogue reports that over 170 Chinese cities have agreed to allow real-time online monitoring of air quality figures, a project initiated by China's Ministry of Environmental Protection. The move is expected to create more impetus for environmental clean-up efforts - Ma Jun, the director of the Institute of Public and Environmental Affairs told chinadialogue that the data reveals that certain factories and plants continue "to breach discharge standards" even "when the local area was experiencing a period of severe pollution." Making the data public will contribute to political pressure on such repeat offenders. The news continues a positive trend that began in 2012, when Beijing, Guangdong, Hong Kong, and other cities began to publicly report levels of PM2.5 pollution.

Despite China's efforts to curb pollution, some wonder if it's too little, too late. Frustrated local officials told chinadialogue that, though they are held responsible for local pollution, the scope of the problem is beyond their control. These officials believe China's emphasis on continued development places environmental protection agencies on a lower rung than their counterparts. Other officials point to the root cause of the problem as China's national energy and industrial structure, which local officials are powerless to change.

Elizabeth Economy, author of the recent bookThe River Runs Black: The Environmental Challenge to China's Future, wrote in a blog post that China's leaders are "working hard to turn the environmental situation around, but overwhelmingly within the parameters of their traditional approaches." Economy is skeptical that this approach will be able to make the drastic changes needed to repair China's environment - she places her hope instead on the growing citizen's movement for environmental protection, including NGOs.

However, the ultimate goal of such "bottom-up" pressure is to force the government to make changes. Without cooperation from the top, NGOs won't get anywhere. The past year has seen an increase in government action, whether it's tweaking old policies (like emissions standards for specific industries) or experimenting with new ones (like a carbon trading program). That's good news for China's environmentalists, as long as they can keep the momentum going.

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With air pollution reaching record levels, Chinese cities are taking new steps to combat the problem. This comes on the heels of a new emphasis on environmental protection by the central government.An article in People's Daily promised that "China will be environmentally different after the Third Plenum."

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China's Growth COLOR#139913BY PARESH NATH, THE KHALEEJ TIMES, UAE  -  11/8/2013 12:00:00 AM

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China's Growth COLOR#139913BY PARESH NATH, THE KHALEEJ TIMES, UAE  -  11/8/2013 12:00:00 AM

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It is a political cartoon and it is totally ironic and brings negative representation of Chinese people. From the cartoon, we can tell that the panda symbolizes China's economy since there is a label on it. And there is also a label for the cage which symbolizes monopoly on power. President Xi JinPing wants a reform and he wants Chinese economy has a robust growth, but monopoly stopped him and he would never know. Therefore this cartoon is totally biased for showing the serially and badly monopoly in china' economy. I think what it talks is true, however it brings negative representation of china.