Yahoo! News: World - China

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• China BAK sells shares, warrants for $21 mln (AP)
• China mulls military options over hijacked ship (Reuters)
• Report: China building cyberwarfare capabilities (AP)
• China's growth quickens but policy stays on hold (Reuters)
• U.S. pressing China on import surge causes: USTR (Reuters)
• China's 3Q growth accelerates to 8.9 percent pace (AP)
• China hopeful about Copenhagen climate talks (AP)
• Jackie Chan, Andy Lau to star in new Shaolin movie (AP)
• AU official: China most concerned with resources (AP)
• China's economy revs up with 8.9% growth (AFP)
• Vietnam protests China's treatment of fishermen (AP)
• China's economy grows 8.9 pct in third quarter: govt (AFP)
• Gang crackdown, lurid mob trials transfix China (AP)

China BAK sells shares, warrants for $21 mln (AP) Posted: 22 Oct 2009 02:05 PM PDT AP - Rechargeable lithium battery cell maker China BAK Battery Inc. said Thursday it has agreed to sell shares and warrants that will result in gross proceeds of $20.6 million.

China mulls military options over hijacked ship (Reuters) Posted: 22 Oct 2009 01:53 PM PDT Reuters - China has not ruled out military action to rescue the crew of a coal ship hijacked by Somali pirates, but is also open to negotiations over what a Chinese military officer said on Thursday could be a long standoff.

Report: China building cyberwarfare capabilities (AP) Posted: 22 Oct 2009 01:53 PM PDT AP - China is building its cyberwarfare capabilities and appears to be using the growing technical abilities to collect U.S. intelligence through a sophisticated and long-term computer attack campaign, according to an independent report.

China's growth quickens but policy stays on hold (Reuters) Posted: 22 Oct 2009 12:18 PM PDT Reuters - China's economic growth picked up last quarter as expected as a combination of breakneck investment and buoyant bank lending more than made up for a slump in exports.

U.S. pressing China on import surge causes: USTR (Reuters) Posted: 22 Oct 2009 11:00 AM PDT Reuters - The United States is pressing China to change policies that overfuel its exports and led to President Barack Obama slapping duties on Chinese-made tires last month, a U.S. trade official said on Thursday.

China's 3Q growth accelerates to 8.9 percent pace (AP) Posted: 22 Oct 2009 08:08 AM PDT AP - Lavish government spending and bank lending helped China's growth rate accelerate to an 8.9 percent pace in the third quarter, far outstripping expansions elsewhere around the globe and raising questions about whether the rapid rebound can be sustained.

China hopeful about Copenhagen climate talks (AP) Posted: 22 Oct 2009 07:53 AM PDT AP - China wants to increase cooperation with the U.S. and other nations to reach a deal at global climate talks in December, Vice Premier Li Keqiang said Thursday.

Jackie Chan, Andy Lau to star in new Shaolin movie (AP) Posted: 22 Oct 2009 06:45 AM PDT AP - The king of kung fu cinema is set to star in a new movie about China's famed shrine of martial arts, the Shaolin Temple.

AU official: China most concerned with resources (AP) Posted: 22 Oct 2009 05:00 AM PDT AP - An African Union official is accusing Chinese investors of overlooking bad governance while doing business in Africa.

China's economy revs up with 8.9% growth (AFP) Posted: 22 Oct 2009 01:57 AM PDT AFP - China said on Thursday its third-quarter growth accelerated to 8.9 percent -- the fastest pace in a year -- as the economy powered up an expansion built on a flood of stimulus cash and bank lending.

Vietnam protests China's treatment of fishermen (AP) Posted: 22 Oct 2009 12:00 AM PDT AP - Vietnam has demanded that China investigate "brutal" treatment of Vietnamese fishermen who sought shelter during a typhoon in disputed South China Sea islands, where officials allege they were beaten and robbed by Chinese personnel.

China's economy grows 8.9 pct in third quarter: govt (AFP) Posted: 21 Oct 2009 07:41 PM PDT AFP - China's economy grew 8.9 percent in the third quarter of 2009, the government said Thursday, in a sign the world'sthird-largest economy was still growing strong.

Gang crackdown, lurid mob trials transfix China (AP) Posted: 21 Oct 2009 06:02 PM PDT AP - After she refused a corrupt cop's demand that she turn her teahouse into an illegal casino, three thugs beat Chen Yanling with electric batons, sending her to the hospital for nearly a month.

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