Yahoo! News: World - China

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• China raises key rate for 1st time since crisis (AP)
• What central banks around the world are doing (AP)
• China 'shocked' by Japan FM's comments as two sides meet (AFP)
• China surprises with first rate rise since 2007 (Reuters)
• China Names Xi Jinping to Key Military Post (Time.com)
• Patients protest Chinese doctor's risky surgery (AP)
• China's next leader? A look at Xi Jinping's rise. (The Christian Science Monitor)
• Google reaffirms commitment to China (AFP)
• China says 'honest' in upholding sanctions on Iran (AP)
• Japan promises to talk to China despite protests (AP)
• China insists it respects Iran sanctions (AFP)
• China raises interest rates by quarter point (Reuters)
• US justice head asks China to release Nobel winner (AP)
• China Nobel winner's wife still under house arrest (AP)
• China denies cartel-like behaviour on rare earths (AFP)
• China says committed to U.N. sanctions on Iran (Reuters)
• Japan PM and ministers avoid war shrine amid China row (Reuters)
• Attorney General Holder to raise Nobel case in China (Reuters)
• World Bank says stronger yuan in China's interests (AFP)
• Report: China to reduce rare earths exports (AP)

China raises key rate for 1st time since crisis (AP) Posted: 19 Oct 2010 01:18 PM PDT AP - China raised its key interest rate Tuesday for the first time since the global crisis. The move is intended to control inflation and rapid growth even as other Asian economies move to keep their recoveries on track.

What central banks around the world are doing (AP) Posted: 19 Oct 2010 12:18 PM PDT AP - The global economic recovery isn't uniform. Countries are emerging from a deep recession at different speeds. That's why central bankers are taking different approaches to stimulate their economies or keep them on a healthy growth path. Here's a snapshot of what some are doing:

China 'shocked' by Japan FM's comments as two sides meet (AFP) Posted: 19 Oct 2010 08:09 AM PDT AFP - China on Tuesday said it was shocked by the latest comments from Tokyo in a simmering row over a group of disputed islands, as the two sides held informal talks in a bid to ease tensions.

China surprises with first rate rise since 2007 (Reuters) Posted: 19 Oct 2010 08:08 AM PDT Reuters - China's central bank surprised on Tuesday with its first increase of interest rates in nearly three years, a move that reflects concern about resurgent asset prices and could mark the start of a more aggressive phase of monetary tightening in the world's fastest-growing major economy.

China Names Xi Jinping to Key Military Post (Time.com) Posted: 19 Oct 2010 07:40 AM PDT Time.com - Xi Jinping, who is expected to succeed China's President, Hu Jintao, was named to the country's top military commission on Monday, further cementing his front-runner status

Patients protest Chinese doctor's risky surgery (AP) Posted: 19 Oct 2010 07:37 AM PDT AP - At one moment, the Chinese urologist seemed to be at the height of his career: He had invented a surgical procedure to help patients overcome incontinence and was training doctors in America and elsewhere. The next, Dr. Xiao Chuanguo was in handcuffs, confessing that he'd hired thugs to attack two persistent critics who called him a fraud.

China's next leader? A look at Xi Jinping's rise. (The Christian Science Monitor) Posted: 19 Oct 2010 05:16 AM PDT The Christian Science Monitor - The man most likely to be China’s next president has shown himself a strong supporter of free market economic reforms, but steered clear of a swelling debate over political changes, leaving his future intentions in doubt.

Google reaffirms commitment to China (AFP) Posted: 19 Oct 2010 05:06 AM PDT AFP - Google vice president John Liu on Tuesday reaffirmed the firm's commitment to China, the world's largest web community, after its harsh battle this year with Beijing over censorship and cyberattacks.

China says 'honest' in upholding sanctions on Iran (AP) Posted: 19 Oct 2010 04:56 AM PDT AP - China has been sincere in its efforts to uphold nuclear sanctions against Iran, the Foreign Ministry said Tuesday, though a spokesman would not deny that some Chinese companies may be providing restricted technology to Tehran.

Japan promises to talk to China despite protests (AP) Posted: 19 Oct 2010 04:53 AM PDT AP - Japan said Tuesday that recent rowdy anti-Japanese protests in China would not derail plans for the countries' foreign ministers to meet next week, as the neighbors try to move past a territorial dispute that had threatened to harm relations.

China insists it respects Iran sanctions (AFP) Posted: 19 Oct 2010 04:43 AM PDT AFP - China insisted on Tuesday it was implementing UN sanctions against Iran after Washington said it had asked Beijing to look into whether some Chinese firms were evading the restrictions.

China raises interest rates by quarter point (Reuters) Posted: 19 Oct 2010 04:37 AM PDT Reuters - China will raise its benchmark one-year lending and deposit rate by 25 basis points effective from October 20, the central bank said on Tuesday.

US justice head asks China to release Nobel winner (AP) Posted: 19 Oct 2010 03:37 AM PDT AP - The U.S. attorney general Tuesday urged Beijing to release Nobel Peace laureate Liu Xiaobo and live up to its human rights obligations, a day before he was scheduled to meet with top law enforcement officials in China.

China Nobel winner's wife still under house arrest (AP) Posted: 19 Oct 2010 03:21 AM PDT AP - The wife of imprisoned Chinese Nobel Peace Prize winner Liu Xiaobo remained under house arrest for a 12th day and will likely stay that way until after the Dec. 10 awards ceremony in Norway, her brother said Tuesday.

China denies cartel-like behaviour on rare earths (AFP) Posted: 19 Oct 2010 02:50 AM PDT AFP - A senior Chinese trade official on Tuesday denied the country was dictating prices of rare earth metals to the world and insisted shipments of the minerals to Japan were never blocked.

China says committed to U.N. sanctions on Iran (Reuters) Posted: 19 Oct 2010 02:47 AM PDT Reuters - Beijing is committed to enforcing United Nations sanctions against Iran over its controversial nuclear program, the foreign ministry said on Tuesday, responding to a U.S. media report that Chinese firms were bypassing the sanctions.

Japan PM and ministers avoid war shrine amid China row (Reuters) Posted: 19 Oct 2010 02:23 AM PDT Reuters - Japanese cabinet ministers steered clear of a controversial Tokyo war shrine on Tuesday, as Japan and China struggled to soothe ties strained by a territorial dispute that has sparked protests in both countries.

Attorney General Holder to raise Nobel case in China (Reuters) Posted: 19 Oct 2010 01:45 AM PDT Reuters - The Attorney General said on Tuesday he would urge China to release Nobel laureate Liu Xiaobo during an upcoming visit to Beijing, the first such visit by a senior U.S. official since the dissident won the award.

World Bank says stronger yuan in China's interests (AFP) Posted: 19 Oct 2010 12:53 AM PDT AFP - A stronger yuan exchange rate is in China's interests and would help the country rein in inflation and boost domestic consumption, the World Bank said Tuesday.

Report: China to reduce rare earths exports (AP) Posted: 18 Oct 2010 11:48 PM PDT AP - China plans to cut rare earths export quotas next year by up to 30 percent to conserve supplies, a newspaper on Tuesday cited a government official as saying, amid complaints Beijing has blocked shipments to Japan.

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