Yahoo! News: World - China

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• China may not issue new 2011 rare earths export quota: report (Reuters)
• Chinese DDGS case could disrupt trade: source (Reuters)
• China Eastern to buy 50 Airbus airliners (AFP)
• China 'mulls export quotas' on rare earth alloys (AFP)
• Chinese official executed for $4.7M in bribes (AP)
• Factory blast kills 5 in China (AP)
• China to go after Internet phone services (AP)
• Carlyle sells $860 million stake in China Pacific: sources (Reuters)
• China cracks down on Internet phone services (AFP)
• China's manufacturing index slows in December (AFP)
• Beijing opens 5 new subway lines amid gridlock woes (AFP)
• China factory inflation eases, yuan hits record (Reuters)

China may not issue new 2011 rare earths export quota: report (Reuters) Posted: 30 Dec 2010 05:17 PM PST Reuters - China may not announce a second rare earths export quota in 2011, the official China Securities Journal said on Friday, after Beijing raised international concern by cutting exports of the minerals next year.

Chinese DDGS case could disrupt trade: source (Reuters) Posted: 30 Dec 2010 10:19 AM PST Reuters - China's recently launched anti-dumping investigation into U.S. distillers' dried grains (DDGS) exports could be disruptive to trade, a U.S. industry trade group said on Thursday.

China Eastern to buy 50 Airbus airliners (AFP) Posted: 30 Dec 2010 08:01 AM PST AFP - China Eastern Airlines said Thursday it had agreed with Europe-based Airbus to buy 50 A320 airliners with a list price of 3.22 billion dollars, in the latest sign of the country's aviation boom.

China 'mulls export quotas' on rare earth alloys (AFP) Posted: 30 Dec 2010 07:18 AM PST AFP - China is considering new export quotas on rare earth alloys, a report said Thursday -- a move that would further restrict shipments of the minerals used in a variety of high-tech industries.

Chinese official executed for $4.7M in bribes (AP) Posted: 30 Dec 2010 07:02 AM PST AP - A former China official tasked with investigating corruption has been executed for taking more than $4.7 million in bribes.

Factory blast kills 5 in China (AP) Posted: 30 Dec 2010 06:57 AM PST AP - A blast at a Chinese pharmaceutical factory has killed at least five people and injured eight others.

China to go after Internet phone services (AP) Posted: 30 Dec 2010 06:55 AM PST AP - China is going after Internet phone services such as Skype in a move to protect the country's state-owned telephone companies, causing alarm among consumers who rely on cheap Internet calls.

Carlyle sells $860 million stake in China Pacific: sources (Reuters) Posted: 30 Dec 2010 02:59 AM PST Reuters - Carlyle Group has sold a 2.5 percent stake worth around $860 million in China Pacific Insurance (Group) Co Ltd (2601.HK), sources said, helping the buyout fund recoup its investment in what could be one of its best Asian deals to date.

China cracks down on Internet phone services (AFP) Posted: 30 Dec 2010 01:56 AM PST AFP - China has pledged to restrict Internet phone services -- a move that could affect thousands of businesses and individuals making cheap calls via web-based communications companies such as Skype.

China's manufacturing index slows in December (AFP) Posted: 30 Dec 2010 01:50 AM PST AFP - Manufacturing activity in China fell to a three-month low in December but soaring raw material costs continued to fan inflationary pressures in the economy, an independent survey said Thursday.

Beijing opens 5 new subway lines amid gridlock woes (AFP) Posted: 30 Dec 2010 01:23 AM PST AFP - China's capital Beijing on Thursday opened five new subway lines stretching into the suburbs -- additions the city hopes will help ease its infamous traffic jams, deemed the world's worst this year.

China factory inflation eases, yuan hits record (Reuters) Posted: 30 Dec 2010 12:20 AM PST Reuters - Chinese inflation showed signs of cresting in a manufacturing survey on Thursday, an early indication that the government will be able to stick to its course of gradual rather than aggressive monetary tightening.

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