The economic tension between the United States and China escalated on Friday, as the Obama administration pledged to investigate Beijing’s subsidies to its growing clean energy industries while delaying a politically volatile report on the Chinese currency. The approach — part carrot, part stick — reflected the delicate balance the administration is trying to strike in a campaign year by taking a newly assertive posture over China’s trade and commercial policies, while pursuing delicate negotiations as an alternative to confrontation.
via www.nytimes.com
http://www.nytimes.com/2010/10/16/business/16wind.html?_r=1&sq=clean%20tech%20china%20subsidies&st=cse&adxnnl=1&scp=1&adxnnlx=1287331663-tYFZwpSNVJ0J3SWDolKZXQ
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