Yahoo! News: World - China

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• Illegal Flights Cause Confusion in China's Skies (Time.com)
• Pentagon: China's military power growing (AP)
• Largest 2009 economies by gross domestic product (AP)
• China fireworks plant blast kills 13, injures 148 (AP)
• China's Ag Bank confirms world's largest IPO (AP)
• Japan's unadjusted GDP less than China's: govt (Reuters)
• China mudslide town lacking supplies (AFP)
• AgBank shares mixed after confirming IPO world record (AFP)
• Book critical of China premier on sale in Hong Kong (AFP)
• China consortium may bid for 30 percent of AIA: report (Reuters)
• China province cuts power to 500 factories (AFP)

Illegal Flights Cause Confusion in China's Skies (Time.com) Posted: 16 Aug 2010 03:15 PM PDT Time.com - As planes and helicopters become the new playthings of China's wealthy elite, illegal flights are becoming a headache for the nation's air traffic controllers

Pentagon: China's military power growing (AP) Posted: 16 Aug 2010 02:31 PM PDT AP - China's drive to transform itself into a major military power is being pursued in a secretive manner that increases the potential for misunderstanding and military conflict with other nations, the Pentagon says in a new report.

Largest 2009 economies by gross domestic product (AP) Posted: 16 Aug 2010 12:21 PM PDT AP - A look at the 10 largest economies in the world by Gross Domestic Product for 2009, according to the International Monetary Fund. Figures all are in U.S. dollars

China fireworks plant blast kills 13, injures 148 (AP) Posted: 16 Aug 2010 05:35 AM PDT AP - A massive explosion ripped through a fireworks factory in northeast China early Monday, killing at least 13 workers, damaging nearby buildings and causing secondary blasts.

China's Ag Bank confirms world's largest IPO (AP) Posted: 16 Aug 2010 04:04 AM PDT AP - The Agricultural Bank of China says it raised a world record $22.1 billion in its initial public offering last month, despite a tepid reception from investors, after exercising an overallotment option for its Shanghai share sale.

Japan's unadjusted GDP less than China's: govt (Reuters) Posted: 16 Aug 2010 03:24 AM PDT Reuters - Japan's second-quarter GDP was less than China's before seasonal adjustments, government data showed on Monday, underscoring expectations that China will overtake Japan as the world's second-largest economy this year.

China mudslide town lacking supplies (AFP) Posted: 16 Aug 2010 03:16 AM PDT AFP - Sludge-blocked roads are keeping urgent food and medicine from reaching survivors of deadly mudslides in northwest China, officials said Monday, as rescuers ended the search for hundreds still missing.

AgBank shares mixed after confirming IPO world record (AFP) Posted: 16 Aug 2010 02:38 AM PDT AFP - Shares in Agricultural Bank of China were mixed Monday after it confirmed it fully exercised its overallotment option in Shanghai to officially become the world's biggest initial public offering.

Book critical of China premier on sale in Hong Kong (AFP) Posted: 16 Aug 2010 01:09 AM PDT AFP - A controversial book that criticises China's Premier Wen Jiabao hit Hong Kong bookstores Monday, after mainland Chinese police warned its dissident author he could be thrown in jail.

China consortium may bid for 30 percent of AIA: report (Reuters) Posted: 15 Aug 2010 11:29 PM PDT Reuters - A consortium of leading Chinese companies including Industrial and Commercial Bank of China Ltd (1398.HK)(601398.SS), China Life Insurance Co Ltd (2628.HK) (601628.SS), plans to bid for a 30 percent stake in American International Group Ltd's Asian life insurance business, AIA, the 21st Century Business Herald reported on Monday.

China province cuts power to 500 factories (AFP) Posted: 15 Aug 2010 09:54 PM PDT AFP - Authorities in eastern China have cut off electricity to more than 500 factories for a month after they failed to meet emission reduction targets, state media reported Monday.

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