Yahoo! News: World - China

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• Scotiabank increases stake in Chinese bank (AP)
• US moves to place new duties on steel from China (AP)
• U.S. panel OKs duties on China steel in record case (Reuters)
• China to step up Nepal aid and trade: state media (AFP)
• China vows to cut red tape for foreign investors (Reuters)
• Chinese admiral floats idea of overseas naval bases (Reuters)
• 16 dead in China road accident: state media (AFP)
• China mulling naval base in Gulf of Aden: admiral (AFP)
• China to ban mandatory hepatitis B tests (AFP)
• US weighs duties on Chinese steel grating (AP)

Scotiabank increases stake in Chinese bank (AP) Posted: 30 Dec 2009 03:17 PM PST AP - The Bank of Nova Scotia said Wednesday it acquired a further 13.2 percent stake in Xi'an City Commercial Bank, raising its holding in the Chinese bank to 14.8 percent.

US moves to place new duties on steel from China (AP) Posted: 30 Dec 2009 02:52 PM PST AP - The U.S. government is imposing new duties on imports of steel pipes from China, the latest sign of trade tensions between the two countries.

U.S. panel OKs duties on China steel in record case (Reuters) Posted: 30 Dec 2009 10:03 AM PST Reuters - A U.S. trade panel gave final approval on Wednesday to duties ranging from about 10 to 16 percent on Chinese-made steel pipe in the biggest U.S. trade case to date against China.

China to step up Nepal aid and trade: state media (AFP) Posted: 30 Dec 2009 03:25 AM PST AFP - China pledged to bolster aid and trade to Nepal on Wednesday, state media said, one day after Nepal's prime minister said his government would not tolerate anti-China protests in the Himalayan nation.

China vows to cut red tape for foreign investors (Reuters) Posted: 30 Dec 2009 01:47 AM PST Reuters - China will make it easier for foreign investors to start businesses in the country, especially in its western provinces, the government said in a statement on Wednesday.

Chinese admiral floats idea of overseas naval bases (Reuters) Posted: 30 Dec 2009 12:02 AM PST Reuters - A Chinese rear admiral has urged the nation to set up navy supply bases overseas in an interview posted on the Ministry of Defense website after China paid ransom to free a ship held for nine weeks by Somali pirates.

16 dead in China road accident: state media (AFP) Posted: 29 Dec 2009 11:54 PM PST AFP - Sixteen people were killed and 11 were injured when a bus and a truck collided in eastern China, state-run media reported Wednesday.

China mulling naval base in Gulf of Aden: admiral (AFP) Posted: 29 Dec 2009 10:08 PM PST AFP - A top Chinese naval official has proposed setting up a permanent base to support ships on an anti-piracy mission in the Gulf of Aden, raising the idea that China could build foreign bases elsewhere.

China to ban mandatory hepatitis B tests (AFP) Posted: 29 Dec 2009 09:49 PM PST AFP - China has said it will ban mandatory hepatitis B tests for employees joining companies and students enrolling in schools in an effort to stamp out discrimination against the nation's millions of carriers.

US weighs duties on Chinese steel grating (AP) Posted: 29 Dec 2009 07:26 PM PST AP - The Commerce Department says it may impose anti-dumping duties on imports of Chinese steel grating, saying it has been sold in the U.S. for up to 145 percent below its normal value.

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