Yahoo! News: World - China

China blames France, EU for summit cancellation (AP) Posted: 27 Nov 2008 02:38 AM CST AP - China said Thursday French President Nicolas Sarkozy's plans to meet with the Dalai Lama — hated by Beijing — left it no option but to pull out of an upcoming China-European Union summit.

Police investigating Chinese home appliance king (AFP) Posted: 27 Nov 2008 12:58 AM CST AFP - The billionaire owner of China's largest home appliance chain is being investigated for "economic crimes," Beijing police said Thursday, after days of mystery over his fate.

China says impact of global crisis deepening (AP) Posted: 26 Nov 2008 11:08 PM CST AP - The impact of the global financial crisis on China's economy is deepening and a large interest rate cut announced Wednesday is essential to boosting slowing growth, the country's top planner said.

Beijing gives carrier Southern Airlines $440 mln (AP) Posted: 26 Nov 2008 09:39 PM CST AP - China Southern Airlines said it will get a 3 billion yuan ($440 million) capital injection from the government, intended to tide the major carrier through a financial crisis.

China postpones EU summit over Dalai Lama visit (AP) Posted: 26 Nov 2008 08:46 PM CST AP - China took the extraordinary step Wednesday of indefinitely postponing a summit with the European Union in retaliation for plans by French President Nicolas Sarkozy and other European officials to meet with the exiled spiritual leader of Tibet, the Dalai Lama.

Hu departs Greece with key port deal in the bag (AFP) Posted: 26 Nov 2008 01:44 PM CST AFP - Chinese President Hu Jintao completed Wednesday a three-day visit to Greece that bagged a key deal opening a major European gateway to Chinese products via the port of Piraeus.

China's ancestral turtle sheds light on evolution (Reuters) Posted: 26 Nov 2008 12:07 PM CST Reuters - Researchers in China have unearthed fossils of the most primitive turtle to date, a creature with teeth, a fully formed belly shell and a back shell that appeared to be just evolving.

China calls off EU summit over Dalai Lama visit (Reuters) Posted: 26 Nov 2008 09:27 AM CST Reuters - China, angry at plans for Tibet's spiritual leader the Dalai Lama to visit Europe, has called off a summit with the European Union next Monday which may have forged a joint response to the global economic crisis.

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