Yahoo! News: World - China

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• Stronger yuan needed for rebalancing: IMF chief (Reuters)
• Obama arrives in China for maiden visit (AFP)
• China 2010 GDP growth seen at 8.5 percent (Reuters)
• Obama in China faces tensions on trade and Tibet (Reuters)
• China corners rare earths market (AFP)
• GE forms China JV to make airplane electronics (AP)
• China's plan for Three Gorges' water level stalled (AP)
• China: Low US interest rates threaten recovery (AP)
• Dalai Lama was a slave master, China tells Obama (AP)
• China blocks unregistered church service again (AP)
• China rounds on U.S. rates as global economic risk (Reuters)
• Chinese trade official plays down talk of yuan shift (Reuters)

Stronger yuan needed for rebalancing: IMF chief (Reuters) Posted: 15 Nov 2009 05:13 PM PST Reuters - A stronger Chinese yuan is part of the reforms that Beijing needs to implement to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.

Obama arrives in China for maiden visit (AFP) Posted: 15 Nov 2009 04:55 PM PST AFP - US President Barack Obama arrived in China late Sunday for his first visit to the Asian giant -- a three-day mission aimed at convincing Beijing that Washington is its partner, not its rival.

China 2010 GDP growth seen at 8.5 percent (Reuters) Posted: 15 Nov 2009 04:39 PM PST Reuters - China's economy is expected to grow by a modest 8.5 percent next year while inflation will be subdued at about 2.5 percent, indicating that monetary policy should remain appropriately loose to solidify the basis of the recovery, a key government think-tank said on Monday.

Obama in China faces tensions on trade and Tibet (Reuters) Posted: 15 Nov 2009 04:28 PM PST Reuters - President Barack Obama faces tensions with China over trade and Tibet on his first visit to the emerging superpower for a summit that will grapple with economic imbalances and the future of the yuan.

China corners rare earths market (AFP) Posted: 15 Nov 2009 04:27 PM PST AFP - As resource-hungry China scours the world for crude oil and natural gas supplies, it has managed to corner the global market for a group of obscure metals used to make iPods, wind farms and electric cars.

GE forms China JV to make airplane electronics (AP) Posted: 15 Nov 2009 12:52 PM PST AP - General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers, including the C919 narrow-body aircraft that China hopes will compete with jets made by industry giants Boeing and Airbus.

China's plan for Three Gorges' water level stalled (AP) Posted: 15 Nov 2009 08:58 AM PST AP - Plans to raise the water level behind China's massive Three Gorges dam to full capacity this month — which would mark the symbolic culmination of the decades-old project — have stalled amid a worsening drought and reports of increased landslide risks.

China: Low US interest rates threaten recovery (AP) Posted: 15 Nov 2009 04:07 AM PST AP - China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices and threatening the global economic recovery.

Dalai Lama was a slave master, China tells Obama (AP) Posted: 15 Nov 2009 03:25 AM PST AP - The conviction was clear but the message befuddling: China's Foreign Ministry spokesman was equating serfdom in Tibet to slavery in the U.S. — just ahead of President Barack Obama's first trip to China.

China blocks unregistered church service again (AP) Posted: 15 Nov 2009 01:25 AM PST AP - Followers of an unapproved church in Beijing were again forced by the government to find a new place to worship Sunday, a move one analyst suggested would be a test for President Barack Obama on religious freedom during his first visit to the country.

China rounds on U.S. rates as global economic risk (Reuters) Posted: 14 Nov 2009 07:45 PM PST Reuters - Ultra-low interest rates in the United States are fuelling speculation in overseas asset markets and threatening the global economic recovery, a senior Chinese official said on Sunday.

Chinese trade official plays down talk of yuan shift (Reuters) Posted: 14 Nov 2009 07:24 PM PST Reuters - Chinese Vice Commerce Minister Chen Jian on Sunday played down talk of a shift in the central bank's currency policy as well as mounting expectations of a rise in the yuan's exchange rate.

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