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Update on Trade with China
DaimlerChrysler AG will soon start selling Chinese-made cars. The world's fifth-largest automaker said it has approved the framework of a limited partnership that will have China's Chery Motor Co. build the cars in China. They will be sold in North America and Western Europe under Chrysler Group brands, which include Dodge and Jeep. Chery is China's biggest domestic automaker. This means that 11,000 manufacturing jobs will be eliminated in the next 24 months (9,000 in the U.S. and 2,000 in Canada), plus 2,000 while-collar jobs. The SUV assembly plant in Newark, DE will be closed. The Warren, MI truck plant and South St. Louis assembly plant will each lose one of their two shifts. Buffalo News, 2-28-07
Update on Chinese Military Threat
The Bush Administration has suspended plans to develop space ventures with China, including joint exploration of the moon, in reaction to Beijing's Jan. 11 test of an anti-satellite weapon that left orbiting debris threatening U.S. and foreign satellites. The U.S. action is meant to signal displeasure with the anti-satellite test as well as with China's failure to give an explanation for its space arms program. China fired a missile on Jan. 11 releasing a nonexplosive warhead that destroyed a Chinese weather satellite 530 miles above the Earth by ramming it at high speed. Thousands of pieces of the destroyed satellite are now in orbit and could damage or destroy some of the hundreds of U.S. and foreign satellites.
Update on Chinese Medicine
After years of denial, China has finally acknowledged that most (some estimate 90%) of the "donors" of human organs used in transplants in Beijing are taken from executed prisoners. China admitted the profitability of this practice since many of the recipients are foreigners who pay hefty sums around $40,000 for a transplant. Some pay $60,000 for a liver transplant.
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