Yahoo! News: World - China

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• China may try new ways to manage bank credit (Reuters)
• China worried about European debt (AFP)
• China and Taiwan sign drug development pact (AP)
• China online stores offering cat and dog skin products (AFP)
• China frets about spreading EU debt woes (Reuters)
• SEC probes Chinese listings on U.S. exchanges: report (Reuters)
• China supports EU efforts at financial stability (AP)

China may try new ways to manage bank credit (Reuters) Posted: 21 Dec 2010 05:58 AM PST Reuters - China's central bank is considering changing a key component of its monetary policy management by altering the way it manages bank credit, three sources close to the matter told Reuters on Tuesday.

China worried about European debt (AFP) Posted: 21 Dec 2010 04:45 AM PST AFP - China on Tuesday expressed concern about Europe's ongoing debt crisis and said it was looking to European Union policymakers for "real action" to keep the 27-nation bloc on course.

China and Taiwan sign drug development pact (AP) Posted: 21 Dec 2010 01:01 AM PST AP - Senior envoys from China and Taiwan signed an agreement Tuesday to cooperate in the development of new drugs, as the two economies continue to move closer.

China online stores offering cat and dog skin products (AFP) Posted: 21 Dec 2010 12:37 AM PST AFP - Thousands of products made from the skins of cats and dogs are being offered on China's largest retail website Taobao, sparking outrage among animal lovers, state media reported Tuesday.

China frets about spreading EU debt woes (Reuters) Posted: 20 Dec 2010 11:37 PM PST Reuters - China urged European authorities to back their tough talk with action on Tuesday by showing they can contain the euro zone's simmering debt problems and pull the bloc out of its crisis soon.

SEC probes Chinese listings on U.S. exchanges: report (Reuters) Posted: 20 Dec 2010 10:50 PM PST Reuters - The U.S. Securities and Exchange Commission has begun a probe into Chinese companies listing on U.S. stock exchanges through reverse takeovers, the Wall Street Journal reported, citing people with knowledge of the probe.

China supports EU efforts at financial stability (AP) Posted: 20 Dec 2010 10:13 PM PST AP - China supports measures taken by the European Union and the International Monetary Fund to stabilize Europe's debt crisis, Vice Premier Wang Qishan said Tuesday.

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