Yahoo! News: World - China

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• China Investment buying stake in Teck Resources (AP)
• New bubbles rising in China property market: state media (AFP)
• Contractors blamed for Shanghai building collapse (AFP)
• China says deadly bus fire was deliberately set (AP)

China Investment buying stake in Teck Resources (AP) Posted: 03 Jul 2009 11:23 AM PDT AP - Mining company Teck Resources Ltd. said Friday it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt.

New bubbles rising in China property market: state media (AFP) Posted: 03 Jul 2009 08:59 AM PDT AFP - China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday.

Contractors blamed for Shanghai building collapse (AFP) Posted: 03 Jul 2009 12:16 AM PDT AFP - A Shanghai building which collapsed last week, killing a construction worker, did so because contractors had recklessly shifted the earth at its base, the city government said.

China says deadly bus fire was deliberately set (AP) Posted: 02 Jul 2009 09:10 PM PDT AP - A Chinese bus fire that killed 27 people and injured dozens last month was deliberately set by a man who committed suicide, state media said Friday.

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