Yahoo! News: World - China

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• Mentally ill workers enslaved in China rescued (AP)
• China to hike some rare earth export duties (AFP)
• China says regrets WTO ruling on US tire tariff (AP)
• China frees 'enslaved' workers who shared dogs' food (AFP)
• Club Med looks to profit from China's skiing craze (AFP)
• China: Diplomat went to NKorea to cool tensions (AP)
• China, India meet to focus on trade, despite mistrust (Reuters)
• Activists say Chinese dam hurts Myanmar traders (AP)
• China to raise inflation target in dovish signal (Reuters)
• Chinese capital losing battle against gridlock (AP)
• Hot money fears to limit China rate increases (Reuters)
• China hunts for slave boss of mentally disabled (Reuters)
• China to raise rare earth export tariffs in 2011 (Reuters)
• China Oilfield Services in Norway drill deal (AP)
• China to keep new loan target unchanged: report (Reuters)

Mentally ill workers enslaved in China rescued (AP) Posted: 14 Dec 2010 05:45 PM PST AP - Authorities have rescued a group of mentally ill workers enslaved in a factory after being sold by a man who purportedly ran a beggars' shelter, state media reported Wednesday.

China to hike some rare earth export duties (AFP) Posted: 14 Dec 2010 04:46 AM PST AFP - China said Tuesday it would increase export duties on some rare earth products next year in the latest move to restrict shipments of the precious elements out of the country.

China says regrets WTO ruling on US tire tariff (AP) Posted: 14 Dec 2010 04:27 AM PST AP - China regrets a World Trade Organization ruling that the United States acted within its rights when it raised import taxes on Chinese tires by as much as 35 percent and will file a complaint, an official was quoted as saying Tuesday.

China frees 'enslaved' workers who shared dogs' food (AFP) Posted: 14 Dec 2010 04:11 AM PST AFP - Authorities have shut down a factory in western China where 11 workers, most of them mentally disabled, were allegedly enslaved for years in deplorable conditions, state press said Tuesday.

Club Med looks to profit from China's skiing craze (AFP) Posted: 14 Dec 2010 03:52 AM PST AFP - French leisure group Club Med formally opens its first resort in China on Tuesday in the icy northeast, cashing in on a newfound love for winter sports among an increasingly wealthy middle class.

China: Diplomat went to NKorea to cool tensions (AP) Posted: 14 Dec 2010 03:45 AM PST AP - China's Foreign Ministry said Tuesday a recent visit to North Korea by the country's top diplomat marks a significant effort by Beijing to tamp down regional tensions, in an apparent attempt to show it is responding to international calls to rein in its long-standing ally.

China, India meet to focus on trade, despite mistrust (Reuters) Posted: 14 Dec 2010 03:42 AM PST Reuters - The leaders of India and China meet this week to try to boost trade and soothe tensions between two nations accounting for more than a third of humanity and crucial for driving global economic growth.

Activists say Chinese dam hurts Myanmar traders (AP) Posted: 14 Dec 2010 03:31 AM PST AP - A recently built dam in southern China is hurting the livelihoods of thousands of villagers downstream in Myanmar, environmental activists said Tuesday in the latest complaint about management of Southeast Asian rivers that cross national boundaries.

China to raise inflation target in dovish signal (Reuters) Posted: 14 Dec 2010 03:23 AM PST Reuters - China will set a 4 percent target for consumer inflation next year, up from this year's 3 percent objective, state television said on Tuesday, an indication that the government will desist from aggressive tightening even as price pressures mount.

Chinese capital losing battle against gridlock (AP) Posted: 14 Dec 2010 02:40 AM PST AP - China's capital is losing the battle against traffic gridlock as more families can afford to buy cars — even though the clogged streets means they frequently grind along at little more than a crawl.

Hot money fears to limit China rate increases (Reuters) Posted: 14 Dec 2010 02:12 AM PST Reuters - China will steer clear of an aggressive increase of benchmark interest rates because higher rates will only attract additional hot money inflows, a senior government researcher told the Reuters China Investment Summit.

China hunts for slave boss of mentally disabled (Reuters) Posted: 13 Dec 2010 11:49 PM PST Reuters - Chinese police are hunting a factory boss who enslaved mentally handicapped people, forcing them to work long hours without pay and beating them if they tried to escape, Chinese media reported on Tuesday.

China to raise rare earth export tariffs in 2011 (Reuters) Posted: 13 Dec 2010 10:39 PM PST Reuters - China plans to raise export taxes on some rare earths in its annual adjustment of import and export taxes that takes effect on Jan 1, the Ministry of Finance said on Tuesday.

China Oilfield Services in Norway drill deal (AP) Posted: 13 Dec 2010 09:45 PM PST AP - State owned China Oilfield Services has announced a contract with Norway's Statoil for drilling in the North Sea, despite Beijing's hard feelings over the awarding of the Nobel Peace Prize to imprisoned dissident Liu Xiaobo.

China to keep new loan target unchanged: report (Reuters) Posted: 13 Dec 2010 07:12 PM PST Reuters - China will probably target about 7.5 trillion yuan ($1.1 trillion) in new loans next year, level with its 2010 target, a leading official newspaper reported on Tuesday, an indication that policy could be slightly looser than expected.

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