October 18, 2011 Headlines: Factory Production Rises, CoC Opposes China Currency Bill, and More
AP: U.S. factory production was up in September.
PT: Stimulus dollars are being used to replace traffic lights with new, energy efficient models - made in China, Taiwan, Japan, and South Korea.
Bloomberg: China’s economy grew at the slowest pace in two years last quarter ("only" 9.1% growth).
WSJ: China’s growth rate last quarter was equal to the U.S. unemployment rate.
WaPo: According to Kenneth Lieberthal of the Brookings Institute, China’s currency manipulation is bad for both China and the U.S.
WSJ: Tom Donahue, president of the U.S. Chamber of Commerce, says that holding China accountable is bad for our trade partnership.
AP: Wal-Mart’s China CEO is resigning, in the midst of a food safety case against the company.
WSJ: President Obama calls on Congress to pass pieces of his jobs bill.
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