Yahoo! News: World - China

China shares gain on govt moves to boost economy (AP) Posted: 15 Dec 2008 03:08 AM CST AP - Chinese stocks rose Monday as government moves to boost the economy outweighed data showing that growth in factory output had fallen to its lowest level in nearly seven years.

Taiwan, China launch direct shipping, air links (AP) Posted: 15 Dec 2008 02:56 AM CST AP - Taiwanese jetliners and cargo ships left Monday for China to open a new era of direct air and shipping services with the mainland, formally ending a nearly six-decade ban on regular links between the rivals.

China battery company launches plug-in hybrid car (AP) Posted: 15 Dec 2008 02:22 AM CST AP - Battery maker turned car company BYD Co. has launched China's first hybrid electric vehicle for the retail market.

Chinese reporter chasing corruption claims disappears (Reuters) Posted: 15 Dec 2008 02:22 AM CST Reuters - A Chinese newspaper reporter investigating a suspicious real estate deal has not been seen since hotel security tapes showed five men pushing him into a car two weeks ago, his son and a newspaper said on Monday.

China's factory output slows further (AP) Posted: 15 Dec 2008 01:50 AM CST AP - Growth in China's factory output fell to its lowest level in nearly seven years as trade plunged, data showed Monday, adding to the threat of heavy job losses that could fuel unrest.

China's industrial output continues to slow in November: govt (AFP) Posted: 15 Dec 2008 01:10 AM CST AFP - China's industrial output rose at its slowest pace in over a decade last month, official data showed Monday, in another sign the world's fourth largest economy is losing steam more quickly than expected.

China and Taiwan celebrate launch of direct flights (AFP) Posted: 15 Dec 2008 12:09 AM CST AFP - China and Taiwan launched direct daily flights, postal and shipping services on Monday in a historic move hailed by both sides as cementing a new era in warm ties between the long-time rivals.

Bank of America dashes China bank sale talk, CCB falls (Reuters) Posted: 14 Dec 2008 11:42 PM CST Reuters - Shares in China Construction Bank (0939.HK)(601939.SS), the country's most valuable lender, slid more than 4 percent on Monday even after Bank of America poured cold water on a local newspaper report it planned to unload its stake in the Chinese bank at a discount.

China's president warns of 'grim' job market: state media (AFP) Posted: 14 Dec 2008 11:25 PM CST AFP - China's President Hu Jintao warned that the country faced a "grim" jobs situation next year, state media reported Monday, as Asia's second biggest economy continues to slow.

China probing 27 cases of melamine-tainted animal feed: state media (AFP) Posted: 14 Dec 2008 10:17 PM CST AFP - Chinese police are investigating 27 cases of melamine-laced animal feed, state media said Monday, three months after the industrial chemical was detected in milk, triggering a worldwide food scandal.

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