Word: year
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Dates: during 2000-2009
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...used against the island in event of war. While the U.S. does not have formal diplomatic relations with Taiwan, it remains its biggest ally and protector. Under the Taiwan Relations Act, U.S. law requires that it sell military hardware to provide for Taiwan's defense, which infuriates China. Last year Beijing cut off military-to-military interactions between the U.S. and China to protest an American arms deal with Taiwan. (See pictures of President Obama visiting Asia...
...another, each country has taken an interest in studying its counterpart. The U.S. has long been the destination of choice for Chinese college students, but China has not enjoyed the same prominence for young Americans. That's changing. More than 11,000 Americans studied abroad in China last year, a 25% increase over the previous year, making it the fifth most popular destination, according to the Institute of International Education. Students from China are already the second largest group of foreign students at U.S. universities, after those from India, but their numbers are increasing as well. Last year...
...Intellectual Property Rights Illegal copying of everything from handbags to DVDs to medicine in China is a source of extreme frustration for many U.S. companies. American software and music companies say that more than $3.5 billion worth of their goods are pirated in China each year. The U.S. has pushed China to step up its enforcement of intellectual-property rights, arguing that it's one way to narrow a trade gap that reached $268 billion last year. While the U.S. is unlikely to make any progress on pushing China to allow its currency to appreciate, it could make a stronger...
...Many economists argue the low value of China's currency helped contribute to the global imbalances that precipitated last year's financial crisis. China has rejected that idea, and instead points the finger at the U.S.'s profligate spending and weak control of financial markets. Obama is expected to raise the renminbi issue during his visit to China, but with China trying to prop up an export sector that has suffered from the downturn, there is little hope that it will allow its currency to appreciate anytime soon...
...Skepticism about China is not new. Lawyer Gordon Chang published The Coming Collapse of China in 2001, and he's been waiting for the thud ever since. In a recent column in Forbes magazine, Chang insisted China's third-quarter GDP growth this year is unlikely to be "anywhere near" the official 8.9% cited by Beijing...