Yahoo! News: World - China

Meltdown 101: China's heft and the global slump (AP) Posted: 16 Apr 2009 12:39 PM PDT AP - China's latest economic data just came in, and the signs are encouraging.

China's economic growth slows further in 1Q (AP) Posted: 16 Apr 2009 07:17 AM PDT AP - The worst might be over for China's economy even as growth in the first quarter slumped to its lowest rate in more than a decade.

China's economy slows, but Premier Wen upbeat (AFP) Posted: 16 Apr 2009 04:49 AM PDT AFP - China announced its slowest growth in at least a decade on Thursday, but Premier Wen Jiabao said the world's number three economy was performing better than expected.

China Eastern Airlines reports huge loss in 2008 (AFP) Posted: 16 Apr 2009 04:33 AM PDT AFP - China Eastern Airlines said it suffered a net loss of 15.3 billion yuan (2.2 billion dollars) last year due to falling passenger numbers, rising fuel costs and bad bets on fuel hedging contracts.

New Hong Kong bishop pressures China on religious freedom (Reuters) Posted: 16 Apr 2009 04:07 AM PDT Reuters - The new head of Hong Kong's Catholic Church Thursday pledged to defend human rights and urged China to allow greater religious freedom in his influential new role as a bridging figure for Sino-Vatican ties.

China growth slowest on record (Reuters) Posted: 16 Apr 2009 03:33 AM PDT Reuters - China struggled out of the gate this year with its weakest quarter on record, but a pick-up in March showed the world's third-largest economy was on track for stronger growth in coming months.

China expert recruitment project nets first batch (AFP) Posted: 16 Apr 2009 12:29 AM PDT AFP - China has signed up more than 120 overseas experts for a new project aimed at spurring innovation by offering thousands of academics one million yuan (146,000 dollars) to move to China, state media reported Thursday.

China Eastern Airlines suffers $2.2 billion loss (AP) Posted: 15 Apr 2009 11:57 PM PDT AP - China Eastern Airlines Ltd., one of China's three major state-owned carriers, said it suffered a 15.3 billion yuan ($2.2 billion) loss for 2008 due to high fuel costs, fewer passengers and a wrong-way bet on fuel hedging contracts.

China planning huge navy upgrade: commander (AFP) Posted: 15 Apr 2009 11:29 PM PDT AFP - China's navy will develop a new generation of warships and aircraft to give it much longer-range capabilities, its commander-in-chief said in comments published Thursday.

China's navy to build new ships, planes (AP) Posted: 15 Apr 2009 10:23 PM PDT AP - China's navy will move faster to build large combat warships, next-generation aircraft and sophisticated torpedoes in a modernizing overhaul for fighting in an era of information technology, its commander in chief said.

China reports 7 new deaths from child virus (AP) Posted: 15 Apr 2009 08:58 PM PDT AP - Seven more children have died in an especially virulent outbreak of hand, foot and mouth disease in central China, bringing this year's death toll from the virus to 57, state media reported Thursday.

China's economy grows 6.1 percent: govt (AFP) Posted: 15 Apr 2009 08:18 PM PDT AFP - China's economy grew 6.1 percent in the first quarter, the government said Thursday, continuing a startling slowdown for a country that not long ago was seeing double-digit growth rates.

Chinese navy spells out long-range ambitions (Reuters) Posted: 15 Apr 2009 08:14 PM PDT Reuters - China will accelerate development of warships, stealth submarines and long-range missiles as the country makes a stronger navy a priority in military modernization, a Chinese admiral told state media.

Administration declines to cite China on currency (AP) Posted: 15 Apr 2009 05:04 PM PDT AP - The Obama administration on Wednesday declined to cite China as a country that is manipulating its currency to gain unfair trade advantages.

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