Yahoo! News: World - China

Lenovo says profit down 78 percent on weaker sales (AP) Posted: 07 Nov 2008 04:00 AM CST AP - Lenovo Group's quarterly profit dived 78 percent as the global economic slowdown battered sales, and the company, the world's fourth-largest PC maker, said it will launch a restructuring with possible job cuts.

China closes herbal drug firm linked to deaths (Reuters) Posted: 07 Nov 2008 03:56 AM CST Reuters - China, battling to restore trust in its products amid a tainted milk scandal, has closed a local pharmaceutical company whose herbal injections have been linked to the deaths of three people.

Traditional medicine passes WHO health checks (Reuters) Posted: 07 Nov 2008 03:54 AM CST Reuters - Health representatives from more than 70 countries gathered in Beijing on Friday to swap ideas on how to make traditional medicine, ranging from acupuncture to leech treatment, more widely available.

UN official hopes for US role in climate change (AP) Posted: 07 Nov 2008 03:53 AM CST AP - The head of the U.N.'s climate change body said Friday that he hopes the United States will take a more active role in fighting global warming once Barack Obama becomes president.

China shares rise as investors hope for new policy (AP) Posted: 07 Nov 2008 03:22 AM CST AP - Chinese shares rebounded Friday, led by financial stocks and refiners, after news reports said the government might create a fund to support prices.

China official ends turbulent Taiwan trip (Reuters) Posted: 07 Nov 2008 02:42 AM CST Reuters - A Chinese official left Taiwan on Friday after a turbulent visit that produced landmark trade agreements but also sparked angry protests by thousands opposed to China's claim of sovereignty over the self-ruled island.

Rich nations should ditch 'unsustainable' lifestyles: China's Wen (AFP) Posted: 07 Nov 2008 02:09 AM CST AFP - Chinese Premier Wen Jiabao and a top UN official urged industrialised nations Friday to alter their lifestyles and investment modes as part of efforts to tackle global warming.

China tells rich polluting nations to change lifestyle (Reuters) Posted: 07 Nov 2008 01:17 AM CST Reuters - Chinese Premier Wen Jiabao said rich nations must abandon their "unsustainable lifestyle" to fight climate change and expand help to poor nations bearing the brunt of worsening droughts and rising sea levels.

China defends efforts to protect intellectual property rights (AFP) Posted: 07 Nov 2008 12:01 AM CST AFP - China staunchly defended its efforts to protect intellectual property rights Friday, urging Washington to take into account its difficulties as a developing country in tackling copyright breaches.

China gives Agricultural Bank $19 billion bailout (AP) Posted: 06 Nov 2008 11:49 PM CST AP - The Chinese government has given the Agricultural Bank of China a $19 billion bailout in a major step toward restructuring the rural lender as it prepares to issue publicly traded shares.

China aims to land moon-buggy by 2012 (Reuters) Posted: 06 Nov 2008 11:39 PM CST Reuters - China aims to put an unmanned buggy on the moon by 2012, local media reported on Friday, laying the ground for its greater ambitions of putting a man on the moon.

China envoy's Taiwan trip highlights differences (AP) Posted: 06 Nov 2008 07:42 PM CST AP - He stepped off the plane with a mission: Make history by becoming the most senior Chinese official to visit Taiwan. Sign a landmark trade deal. Draw the wayward island closer to motherland China.

U.N. torture panel to question China on abuses (Reuters) Posted: 06 Nov 2008 11:26 AM CST Reuters - Rights activists hope that China's appearance before a United Nations torture panel on Friday will shed light on what they say are widespread abuses in the country.

China, after talks, strikes hard line on Tibet (AP) Posted: 06 Nov 2008 06:49 AM CST AP - A senior Chinese official who met this week with representatives of the Dalai Lama on Thursday ruled out giving Tibet the kind of autonomy that Beijing grants Hong Kong, saying the Tibetan spiritual leader should "face reality."

China stops production at drug company (AP) Posted: 06 Nov 2008 05:17 AM CST AP - China's drug safety watchdog said Thursday it has stopped all production at a company in northeastern China after an herbal injection it sold was suspected of causing the deaths of three people.

China's Hu going to US but Obama meeting unclear (AP) Posted: 06 Nov 2008 05:17 AM CST AP - Chinese President Hu Jintao is going to Washington to push Western leaders to give poorer countries a bigger role in global financial institutions, but whether he will meet Barack Obama is still unclear.

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