Yahoo! News: World - China

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• Geithner to press China on trade barriers, yuan (Reuters)
• China's development strategy shift 'encouraging': US (AFP)
• USTR Kirk to press China on piracy, innovation (Reuters)
• Senators say China suppresses IMF yuan criticism (Reuters)
• US Senators seek pressure on China over currency (AFP)
• Swingers' case tests sexual limits in China (AP)
• Yemen: kidnapped Chinese oil engineers released (AP)
• Tycoon, once China's richest man, jailed for graft (AFP)
• China expects inflation to rise in May, June (AP)
• Chinese appliance tycoon jailed for 14 years (AP)
• Beijing lessons can forge Games "health legacy": WHO (Reuters)
• China welcomes Iran nuclear fuel swap deal (Reuters)
• US Commerce Secretary leads trade mission to China (AP)
• Woman dies after latest China cleaver attack (AFP)
• China warns officials over property corruption (AFP)
• China targets Tibet artists, intellectuals: report (Reuters)
• 1 dead, 5 wounded in latest China rampage attack (AP)
• China's one-time richest man jailed for 14 years (Reuters)

Geithner to press China on trade barriers, yuan (Reuters) Posted: 18 May 2010 04:55 PM PDT Reuters - U.S. Treasury Secretary Timothy Geithner said on Tuesday that a stronger Chinese yuan would help level the playing field for American exporters, but he would focus mainly on reducing trade barriers in talks with Beijing next week.

China's development strategy shift 'encouraging': US (AFP) Posted: 18 May 2010 03:49 PM PDT AFP - US Treasury Secretary Timothy Geithner said Tuesday that export-driven China was shifting its development strategy to rely more on domestic consumption, a move he described as "encouraging."

USTR Kirk to press China on piracy, innovation (Reuters) Posted: 18 May 2010 02:16 PM PDT Reuters - The United States will use economic talks next week with China to focus on intellectual property rights protection and China's "indigenous innovation" industrial policy which discriminates against foreign firms, U.S. Trade representative Ron Kirk said on Tuesday.

Senators say China suppresses IMF yuan criticism (Reuters) Posted: 18 May 2010 02:11 PM PDT Reuters - A group of 10 senators accused China on Tuesday of suppressing an International Monetary Fund report that they believe concluded that Beijing manipulates its yuan currency to gain an unfair export advantage.

US Senators seek pressure on China over currency (AFP) Posted: 18 May 2010 12:49 PM PDT AFP - Ten US Senators pressed Treasury Secretary Timothy Geithner on Tuesday to push China to release an IMF report they said could be the smoking gun proving Beijing manipulates its currency, the yuan.

Swingers' case tests sexual limits in China (AP) Posted: 18 May 2010 12:42 PM PDT AP - They were members of a modern-day swingers' club in China, where people met online and then gathered in homes or hotels for group sex parties involving dozens of men and women.

Yemen: kidnapped Chinese oil engineers released (AP) Posted: 18 May 2010 07:26 AM PDT AP - After several days of mediation, kidnappers have released two Chinese engineers working in Yemen, a provincial governor said Tuesday.

Tycoon, once China's richest man, jailed for graft (AFP) Posted: 18 May 2010 07:07 AM PDT AFP - A school drop-out who became China's richest man by building an electronics and home appliance empire was jailed Tuesday for 14 years for bribery and insider trading, capping a stunning fall from grace.

China expects inflation to rise in May, June (AP) Posted: 18 May 2010 03:56 AM PDT AP - China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent over a year earlier, a Cabinet agency said Tuesday.

Chinese appliance tycoon jailed for 14 years (AP) Posted: 18 May 2010 02:32 AM PDT AP - An appliance retailer who was once China's richest businessman was sentenced to 14 years for insider trading and other crimes Tuesday, the latest in a series of Chinese tycoons jailed for financial offenses.

Beijing lessons can forge Games "health legacy": WHO (Reuters) Posted: 18 May 2010 01:44 AM PDT Reuters - Public health in Beijing benefited greatly from the Olympics and the city's experience can act as a lesson for the development of a "health legacy" for future major sporting events, the WHO said on Tuesday. China spent an estimated $40 billion on hosting the Olympics in 2008, including many projects which had a direct benefit to public health like attempts to reduce Beijing's notorious air pollution.

China welcomes Iran nuclear fuel swap deal (Reuters) Posted: 18 May 2010 01:06 AM PDT Reuters - China has welcomed a nuclear fuel swap plan Iran announced after talks with Brazil and Turkey, urging negotiations over the deepening dispute even as Western powers condemned the new deal as too limited.

US Commerce Secretary leads trade mission to China (AP) Posted: 18 May 2010 12:02 AM PDT AP - U.S. Commerce Secretary Gary Locke is leading an American trade mission to China, aiming to boost clean energy technology sales as one industry leader announced a fresh contract to supply components for Chinese wind turbines.

Woman dies after latest China cleaver attack (AFP) Posted: 17 May 2010 11:20 PM PDT AFP - One woman has died of her injuries suffered when a man hacked six people with a meat cleaver in southern China, police and state media said Tuesday.

China warns officials over property corruption (AFP) Posted: 17 May 2010 10:48 PM PDT AFP - China's ruling communists are cracking down on official corruption in the real estate market, warning of stiff penalties for anyone caught trying to cash in on the property boom, state media has said.

China targets Tibet artists, intellectuals: report (Reuters) Posted: 17 May 2010 09:57 PM PDT Reuters - China is cracking down on Tibetan intellectuals and artists who have sought to open up discussion of the future of their region after unrest that spread across the area in Spring 2008, an overseas activist group said on Tuesday.

1 dead, 5 wounded in latest China rampage attack (AP) Posted: 17 May 2010 09:27 PM PDT AP - A cleaver-wielding man killed one woman and wounded five before jumping to his death, police said Tuesday, in the latest in a series of rampage attacks in China.

China's one-time richest man jailed for 14 years (Reuters) Posted: 17 May 2010 08:10 PM PDT Reuters - China's one-time richest man and the founder of a major retail chain was jailed for 14 years on Tuesday for bribery, insider trading and illegal business dealings, state media reported.

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