Yahoo! News: World - China

Chinese banks to help finance Taiwan investors (Reuters) Posted: 21 Dec 2008 02:16 AM CST Reuters - China pledged on Sunday to make available to Taiwanese investors in the mainland 130 billion yuan ($18.99 billion) in financing over the next three years, in Beijing's latest effort to reach out to political rival Taiwan.

Chinese manufacturing giant outgrows its cradle (AP) Posted: 20 Dec 2008 12:34 PM CST AP - When China opened up to capitalists 30 years ago, Jeffrey Lam was one of the pioneers. But the only space he could find for his factory was an old town hall. For workers, he had 25 farmers who had never operated a sewing machine.

China blocks access to New York Times Web site (AP) Posted: 20 Dec 2008 09:40 AM CST AP - China has blocked access to the New York Times Web site, the newspaper said Saturday, days after the central government defended its right to censor online content it deems illegal.

China deploys 3 ships to fight pirates off Somalia (Reuters) Posted: 20 Dec 2008 09:27 AM CST Reuters - China will send two destroyers and a supply vessel to the seas off Somalia to back international efforts to fight piracy, the official Xinhua news agency quoted the defense ministry as saying on Saturday.

China blocks Internet access to New York Times (Reuters) Posted: 20 Dec 2008 05:08 AM CST Reuters - China, widely criticized for its censorship of the media, this week blocked access to The New York Times, the newspaper said on Saturday.

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