China

Economy
3:30 am
Mon December 15, 2014

Report: Trade Deficit with China Cost PA 122,600 Jobs in 12 years

A report released by the Economic Policy Institute found 122,600 jobs don’t exist in Pennsylvania because of unbalanced trade with China.

Nationally, the trade deficit cost 3.2 million jobs between the same period of 2001 and 2013.

Most U.S. trade comes from manufactured goods rather than agricultural and war materials such as oil or services such as health care, therefore most job creation or loss dependent on trade is manufacturing.

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Essential Pittsburgh
4:16 pm
Tue May 20, 2014

Indictment of Chinese Hackers Marks A New Way to Prosecute Cyber Crime

Credit lizzardo / Flickr

  

An indictment out of Western Pennsylvania charges five military officers in the Chinese People’s Liberation Army with directing a conspiracy to steal information from Pittsburgh based organizations.

According to the indictment, the six organizations victimized include U.S. Steel, Westinghouse, Allegheny Technologies Incorporated, Alcoa, Solar World and the United Steelworkers International Union. The charges were announced Monday in Washington by US Attorney General Eric Holder and David Hickton, US Attorney for the Western District of Pennsylvania.

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Essential Pittsburgh
1:01 pm
Wed November 27, 2013

Author Amy Tan Explores Her Family Story with New Perspective

Author Amy Tan was in town for the Pittsburgh Arts and Lectures Monday night speaker series
Credit Ryan Loew / 90.5WESA

Through her new novel The Valley of Amazement author Amy Tan explores the struggles of mother-daughter relationships.

She says the staging of the book's characters in a Chinese courtesan house, was partly inspired by what she learned from an old photo of Chinese women, which reminded her of her grandmother.

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Essential Pittsburgh
2:55 pm
Wed November 20, 2013

In Line Behind A Billion People: What Scarcity in China Means For Pittsburgh

Where can Pittsburgh fit in when it comes to the world's fastest growing economy?
Credit Lim CK / Flickr

China has one of the world's fastest growing economies. But, how do changes in China affect people in Pittsburgh?

PNC Vice President and Senior International Economist Bill Adams is co-author of the new book, In Line Behind A Billion People: How Scarcity Will Define China’s Ascent in the Next Decade.

Looking at the state of its current economy, and projections for the future, Adams is concerned about what happens if China runs out of the things it needs to keep growing.

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