China has more active Android and Apple iOS smartphones and tablets than the United States for the first time, according to mobile analytics firm Flurry. As of the end of February, China will have 246 million mobile devices compared to 230 million for the United States.
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On February 12, Canadian oil giant Nexen confirmed that it had received approval from the United States for its $15 billion sale to China National Offshore Oil Corporation (CNOOC), according to the New York Times.
An analysis of recently released data from the US Bureau of Economic Analysis (BEA) by the US-China Business Council (USCBC) challenges the common misconception that US companies move production and jobs to China, only to then sell products back to the United States. BEA tracks where US companies operating overseas sell the products they make and the services they provide.
The Obama administration will soon begin a new phase of its export control reform initiative in which it will seek review by congressional committees of new provisions that are key to reforming the US export control system.
In a February 7 submission to the US government, the US-China Business Council (USCBC) says that US government officials should keep China as one of its top priority targets for intellectual property rights (IPR) protection and should actively engage with officials at senior levels in the Chinese govern
On February 5, the Chinese government issued guidelines for reforms aimed at narrowing the wealth gap between China’s rich and poor, often referred to as income distribution reform.
The Chinese government recently released its latest healthcare reform directive, the Roadmap for Medical and Healthcare Reform, establishing per-capita healthcare spending targets and outlining key tasks for addressing the country’s healthcare challenges in 2013.
The protection of intellectual property (IP) has garnered attention from key agencies and officials as they meet to discuss plans and priorities for 2013.
USCBC President John Frisbie wasquoted in Reuters on February 4 saying the US and Chinese governments should work together to address the growing problem of cyber attacks that threaten to undermine trade.
USCBC President John Frisbie wasquoted by the Associated Press on February 4 voicing concern over market access barriers in China, which he said likely contributed to a drop in foreign investment there in 2012.
