Yahoo! News: World - China

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• China says exports up 35 percent in June (AP)
• China shrugs off global fears with export strength (Reuters)
• China's exports soar despite Euro-US malaise (AFP)
• Labeling China's Currency Undervalued Correct; USW Calls for More Action (PR Newswire)
• Google says China has renewed its operating licence (AFP)
• Google says China has renewed Web page license (Reuters)
• Chinese monk held for murder of priest and nun (AFP)
• China auto sales growth slows again in June (AP)
• Peugeot-Citroen in $1.2B joint venture in China (AP)
• Toyota president open to raising wages in China (AP)
• Slow change for China forex reserves: IMF economist (AFP)
• West uses e-networking to subvert China: study (AFP)

China says exports up 35 percent in June (AP) Posted: 10 Jul 2010 04:44 AM PDT AP - China's customs agency on Saturday said exports were up 35 percent in June from a year ago, while imports rose almost 53 percent. The figures showed the largest monthly trade surplus so far this year, $20 billion, despite the debt problems of China's largest trading partner, the European Union.

China shrugs off global fears with export strength (Reuters) Posted: 10 Jul 2010 01:46 AM PDT Reuters - China's trade surplus in June topped expectations on surprising strength in exports that suggests the global economic recovery has remained on track despite worries about a fresh slowdown.

China's exports soar despite Euro-US malaise (AFP) Posted: 09 Jul 2010 11:13 PM PDT AFP - China said Saturday its exports continued to soar in June, as demand for Chinese-made goods remained robust despite Europe's financial woes and a tepid US recovery.

Labeling China's Currency Undervalued Correct; USW Calls for More Action (PR Newswire) Posted: 09 Jul 2010 02:48 PM PDT PR Newswire - PITTSBURGH, June 9 /PRNewswire-USNewswire/ -- The U.S. Treasury report issued yesterday designating the Chinese currency as undervalued is a small step in the right direction.

Google says China has renewed its operating licence (AFP) Posted: 09 Jul 2010 08:58 AM PDT AFP - US web giant Google said Friday its licence to operate in China, the world's largest Internet market, has been renewed, ending weeks of tension over Beijing's handling of the issue.

Google says China has renewed Web page license (Reuters) Posted: 09 Jul 2010 04:16 AM PDT Reuters - Google Inc said on Friday that the Chinese authorities had renewed its license to operate a website, averting a potential shutdown of its flagship search page in the world's biggest Internet market.

Chinese monk held for murder of priest and nun (AFP) Posted: 09 Jul 2010 04:07 AM PDT AFP - Police have arrested a 43-year-old monk who confessed to the murder of a Catholic priest and a nun in northern China, saying he held a "grudge" against the pair, state media said Friday.

China auto sales growth slows again in June (AP) Posted: 09 Jul 2010 03:29 AM PDT AP - China's auto sales growth weakened further in June as explosive demand driven by government incentives cooled, an industry group reported Friday.

Peugeot-Citroen in $1.2B joint venture in China (AP) Posted: 09 Jul 2010 02:58 AM PDT AP - France's PSA Peugeot Citroen SA signed a deal Friday to set up a euro935 million ($1.2 billion) joint venture to make small, low-emission cars in China with China Changan Automobile Group.

Toyota president open to raising wages in China (AP) Posted: 09 Jul 2010 02:58 AM PDT AP - Toyota's president says the company is open to raising the wages of workers in China, where strikes have disrupted the automaker's operations in that fast-growing market.

Slow change for China forex reserves: IMF economist (AFP) Posted: 09 Jul 2010 02:27 AM PDT AFP - Any change in the make-up of China's foreign-exchange reserves would have to be very slow, International Monetary Fund chief economist Olivier Blanchard said Friday.

West uses e-networking to subvert China: study (AFP) Posted: 09 Jul 2010 02:01 AM PDT AFP - Social networking sites like Facebook pose a security threat to China and are used as "tools of subversion" by Western nations including the US, a top Chinese think tank said in a report this week.

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