Japan, which runs a trade surplus with the Middle Kingdom, exports its H beams.
The latest news from China tells us that the Middle Kingdom could blow up at any time.
In January America's imports from China were over seven times greater than its exports to the Middle Kingdom.
The Middle Kingdom now has some of the deepest pockets in the world.
Government rules restricted foreign investment, and the Middle Kingdom had not yet gained entry to the World Trade Organization.
At the same time, a strident nationalist-populist strain bubbles in the Middle Kingdom.
That, plus China's rampant piracy, is why knowledge-based industries such as software love India but shun the Middle Kingdom.
No wonder more than 300, 000 foreign firms have invested in the Middle Kingdom.
Rumblings from the Middle Kingdom indicate the authorities are cracking down on this movement, which apparently numbers in the millions.
Beijing has little patience with those who say the Kingdom of Heaven has precedence over the rulers of the Middle Kingdom.
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But Obama can't afford to be seem as a soft touch, in hock to the Middle Kingdom for the national debt.
Once bought, natural-resource firms can become captive suppliers of the Middle Kingdom.
The Middle Kingdom might once have been the center of human civilization.
The truth is that the Middle Kingdom remains as impenetrable as ever.
India may in turn be worried that its own surplus is being whisked away to create a safety buffer for the Middle Kingdom.
But if India's economy is to rival China's by size, its financial sector needs to become less, not more, like the Middle Kingdom's.
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When party leaders awake from their slumbers they will want to put as much distance as possible between themselves and the Middle Kingdom.
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They think that China - the "middle kingdom" - can get rich on its own terms, not by simply mimicking everything that happened in the West.
Africa reached the peak of its power around the year 2050 BC when the middle Kingdom of Egypt was at its most powerful.
It is a sign of the times that conservatives as well as liberals often underestimate the Middle Kingdom's problems--in addition to America's relative strengths.
The dealer trusted him enough to produce a crate of what he said were artefacts more than 3, 000 years old, from Middle Kingdom Egypt.
The return to stability heralded the advent of the Middle Kingdom.
China's leaders like to portray Western hype about their country's rise as a conspiracy a pretext either to offload expensive global burdens onto the Middle Kingdom or to encircle it.
Having Mr Li as a shareholder would certainly help Jardines' China credentials, since Mr Li has many contacts in the Middle Kingdom and does a lot of business there.
While no one tracks reverse mergers, a half-dozen companies from the Middle Kingdom--ranging from health care products to manufacturers of power-steering assemblies (see table, p. 44)--havecompleted them since last year.
Last month (May 2010), Siemens (NYSE:SI) struck a deal with holding company Wasion Group (3393:HKG) to conduct feasibility studies in an effort to launch new smart grid pilot projects in the Middle Kingdom.
On a recent trip to China (to host a FORBES cruise for Investors), it didn't take long to catch a whiff of the fact that all is not perfect in the Middle Kingdom.
The first step in that multi-decade process is for the Middle Kingdom to secure control of the eastern seas adjacent to its territory the most likely path of approach for major military attacks.
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The study said the Middle Kingdom's Internet users numbered 103 million by June, second only to the U.S. Six months ago, Google held the largest market share in Beijing, Shanghai and Guangzhou, the three cities surveyed.
China bashing is a popular pastime in Washington on both sides of the aisle, with the Middle Kingdom, in general, getting the blame for everything from high U.S. jobless rates to higher ice cream prices.
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