Word: hu
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Dates: during 2000-2009
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...Staff writer Melody Y. Hu can be reached at melodyhu@fas.harvard.edu...
...stake of the heavily indebted minerals giant Rio Tinto, for about $19.5 billion. It is also considering a bid by the Beijing trading company Minmetals to buy Australia's mining company Oz Minerals for about $1.7 billion - enough to wipe out that company's debt. Meanwhile, Chinese president Hu Jintao made a five-country swing around Africa in early February, signing deals in Tanzania and Madagascar on agriculture and telecommunications, and promising debt relief to the poorest continent. (See pictures of China's electronic waste village...
...their currency by 30% or face a 30% rise in tariffs. The pressure to revalue the Chinese currency could come as early as April 2, when the Group of 20 richest countries in the world meet in London, and where President Obama is scheduled to meet Chinese president Hu Jiantao for the first time. In the run-up to that crucial meeting China's buying spree is aimed at soothing Western anger about the country's economic policies. "This is a smart diplomatic move," says Damien Ma, China analyst at the Eurasia Group in Washington. "China is seen as whittling...
...Since leaving office in 2004, Locke has worked for a Seattle law-firm, specializing in China. As the nation's one-time top Chinese American politician, Locke has kept in close contact with his parent's homeland. He arranged for Chinese President Hu Jintao to start off his first state visit in 2006 to America in Seattle, and has met privately with Chinese Premier Wen Jibao - a rare event for any U.S. politician. He also ran a leg of the Olympic torch relay before 2008's Beijing Olympics...
...against the dollar, China gives its exporters an unfair advantage in American markets.) Since Geithner's was the new Administration's first real comment on relations with Beijing, Chinese leaders reacted as if a hostile shot had been fired across their bow. But Obama then called China's President Hu Jintao, evidently assuring him that the statement did not represent the spirit of future U.S. policy, and the incident passed...