Yahoo! News: World - China

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• China urged to keep policies flexible (Reuters)
• Condemned British man's family flies to China (AP)
• China PM blasts trade protectionism, pressure on yuan (AFP)
• Somali pirates say $4 million ransom paid for coal ship (Reuters)
• China won't be pressured over yuan peg: Wen (Reuters)
• China draft rules allow villagers to impeach chiefs (Reuters)
• China says discovers tomb of famed general Cao Cao (Reuters)
• Taiwan's Ma urges Beijing on dissidents: report (AFP)
• Family of five hacked to death in China (AFP)
• Simmons Bedding financiers seek Chinese bidder: report (Reuters)

China urged to keep policies flexible (Reuters) Posted: 27 Dec 2009 05:36 PM PST Reuters - China needs to keep its economic policies flexible to fight against excessive surges in asset prices and hot money inflows, a central bank adviser said over the weekend.

Condemned British man's family flies to China (AP) Posted: 27 Dec 2009 05:21 AM PST AP - Two cousins of a British man who is due to be executed in China this week for drug trafficking arrived in the country Sunday to plead for his life, an activist group said.

China PM blasts trade protectionism, pressure on yuan (AFP) Posted: 27 Dec 2009 04:35 AM PST AFP - Prime Minister Wen Jiabao blasted trade protectionism by China's trading partners on Sunday and vowed not to yield to pressure to allow the Chinese yuan to appreciate.

Somali pirates say $4 million ransom paid for coal ship (Reuters) Posted: 27 Dec 2009 03:41 AM PST Reuters - A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate source on board the vessel said.

China won't be pressured over yuan peg: Wen (Reuters) Posted: 27 Dec 2009 02:47 AM PST Reuters - Chinese Premier Wen Jiabao on Sunday struck a defiant note about the country's controversial exchange rate policy, saying the government would not give into foreign demands to let the yuan rise.

China draft rules allow villagers to impeach chiefs (Reuters) Posted: 27 Dec 2009 02:17 AM PST Reuters - China has published new draft rules for village elections, allowing villagers to fire officials who don't perform as promised.

China says discovers tomb of famed general Cao Cao (Reuters) Posted: 26 Dec 2009 11:01 PM PST Reuters - Chinese archeologists have unearthed a large third-century tomb, which they say could be that of Cao Cao, the legendary politician and general famous throughout East Asia for his Machiavellian tactics.

Taiwan's Ma urges Beijing on dissidents: report (AFP) Posted: 26 Dec 2009 09:03 PM PST AFP - Taiwan's President Ma Ying-jeou has called on Chinese authorities to "tolerate" political opponents after they jailed a leading dissident, it was reported Sunday.

Family of five hacked to death in China (AFP) Posted: 26 Dec 2009 07:00 PM PST AFP - Police in southwest China have arrested a man suspected of hacking a father and his four children to death, the latest in a string of grisly killings to occur in the nation, state press said Sunday.

Simmons Bedding financiers seek Chinese bidder: report (Reuters) Posted: 26 Dec 2009 06:50 PM PST Reuters - A group of financiers is trying to put a U.S. mattress maker now under bankruptcy court protection into play by encouraging Chinese bidders to top an already arranged offer for Simmons Bedding Co. , the Wall Street Journal reported late on Saturday.

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