Word: sinos
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International investors can be forgiven for never having heard of Motech, E-Ton or Sino-American Silicon. Compared with better-known Taiwan-based chip giants such as Taiwan Semiconductor and United Microelectronics, listed on the New York Stock Exchange, these three Taiwanese semiconductor plays have flown under most people's radar...
...Until now. Continuing high oil prices and growing concern over sustainable energy have made them the hottest stocks in the tech-heavy Taiwan Stock Exchange. Motech and E-Ton Solar make photovoltaic (PV) semiconductors, better known as solar cells. Sino-American is in the business of supplying them with silicon wafers, which are the basic PV building blocks. And shares of all three have delivered stellar gains thanks to the world's growing appetite for solar power as a hedge against the high price of crude...
...online versions of the Feb. 3 news article, "Job Offers Up for Young Historians," incorrectly stated that the director of graduate studies for Harvard's history department is James T. Kloppenberg. In fact, that post is held by Hue-Tam Ho Tai, who is also the Young professor of Sino-Vietnamese history. Kloppenberg is the chair of the department's graduate admissions committee...
...Koizumi at December's East Asian summit in Kuala Lumpur. At the APEC summit in November, South Korea's President Roh Moo Hyun told Koizumi the visits to Yasukuni were "totally unacceptable." Tang Jiaxuan, a Chinese State Council member in charge of diplomacy, said that the issue has made Sino-Japanese relations "the most difficult" since the two nations normalized diplomatic ties in 1972. And Wang Yi, China's ambassador to Japan, recently told the foreign press in Tokyo that a Japan-China summit?which has not happened since Koizumi visited Beijing in 2001?would only take place after "political...
Moreover, there are the numerous immediate economic issues that have so elevated Sino-U.S. tensions this summer. First there was the uproar about textile quotas. Since Jan. 1 when global textile quotas were abolished, Chinese textiles have flooded American markets, resulting in job losses and industry complaints. The ensuing negotiations, which are still progressing unhurriedly and uncertainly, have been the cause of much friction between Beijing and Washington. Another touchy area is that of China’s currency. Many U.S. trade groups accuse China of keeping the yuan artificially cheap to bolster exports. The yuan was revalued...