Yahoo! News: World - China

China: Factory owners protest for payment of debts (AP) Posted: 05 Dec 2008 03:52 AM CST AP - About 100 factory owners and employees held up red protest banners outside a government building Friday in southern China, demanding that officials help them collect more than $13 million in debts from an electronics factory that recently closed.

China, US promise $20 billion for trade (AP) Posted: 05 Dec 2008 03:44 AM CST AP - The United States and China promised Friday to jointly tackle the global financial crisis and pledged $20 billion to finance trade as they wrapped up high-level talks marked by a pointed Chinese appeal to Washington to stabilize its economy.

China and U.S. pledge cooperation after "robust" talks (Reuters) Posted: 05 Dec 2008 03:19 AM CST Reuters - China and the United States pledged on Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation when President-elect Barack Obama takes office.

China shares rise on hopes of more stimulus (AP) Posted: 05 Dec 2008 02:39 AM CST AP - Chinese shares rose Friday on hopes of more government measures to stimulate economic growth, led by real estate and agriculture stocks.

Bailout still faces challenges: Paulson (Reuters) Posted: 05 Dec 2008 01:17 AM CST Reuters - The United States has made clear progress in steadying its financial system, thanks in part to a $700 billion bailout fund authorized by Congress, but the rehabilitation process still faces many challenges, Treasury Secretary Henry Paulson said on Friday.

Paulson says China investments no threat to U.S. (Reuters) Posted: 05 Dec 2008 01:07 AM CST Reuters - The United States is not threatened by the fact that China and other countries are big investors in U.S. securities, U.S. Treasury Secretary Henry Paulson said on Friday.

China to issue blacklist of harmful food additives (AP) Posted: 04 Dec 2008 11:34 PM CST AP - China will issue a blacklist of food additives that could be harmful, state media said Friday in the wake of a scandal over tainted milk believed to have killed six children and sickened hundreds of thousands.

US, China promise $20 billion to finance trade (AP) Posted: 04 Dec 2008 09:54 PM CST AP - The United States and China will provide $20 billion in loans to finance trade by developing countries amid a global crisis that has battered credit markets, U.S. Treasury Secretary Henry Paulson announced Friday as the two sides wrapped up high-level economic talks.

China, Russia to send probes to Mars next year (Reuters) Posted: 04 Dec 2008 09:43 PM CST Reuters - China will team up with Russia to launch two satellite probes to take pictures of Mars and one of its small moons in October next year as it seeks to cement its place in the select ranks of global space powers.

China scholar warns of social turmoil as growth slows (Reuters) Posted: 04 Dec 2008 09:32 PM CST Reuters - China risks massive social turmoil next year as the economy slows and the number of angry jobless grows, a leading Communist Party scholar has warned, urging the government to focus development priorities on job creation.

China to draw up blacklist of dangerous ingredients (Reuters) Posted: 04 Dec 2008 08:45 PM CST Reuters - China is to publish a blacklist of food additives which make products taste better or appear nutritious but are damaging to health, state media said, as it struggles to restore faith in the "made in China" brand.

China school officials detained in student deaths (AP) Posted: 04 Dec 2008 08:25 PM CST AP - Police in northern China have detained three school officials after 11 schoolgirls died of carbon monoxide poisoning from using a charcoal heater in their dormitory, state media said.

China to send scientists into space (AP) Posted: 04 Dec 2008 08:12 AM CST AP - China's military-backed space program will send scientists on future manned missions as its demand for technical expertise rises, state media reported Friday.

Call made for China navy to battle Somali pirates (AP) Posted: 04 Dec 2008 07:37 AM CST AP - A Chinese general has called for the country's navy to join the fight against Somali pirates, saying the mission would boost China's international stature and give its sailors valuable experience in fighting open ocean combat operations far from their home ports.

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