2010年6月21日星期一

Yahoo! News: World - China

 
 
 
 
 
 
 
 

Yahoo! News: World - China

China carrying market hopes at yuan fixing (Reuters)

Posted: 21 Jun 2010 05:46 PM PDT

Reuters - Asian markets waited with bated breath Tuesday to see how far Beijing would go in allowing its currency to strengthen, a litmus test of just how flexible the Chinese authorities are prepared to be to meet U.S. demands.

Summary Box: Winners, losers from a stronger yuan (AP)

Posted: 21 Jun 2010 03:32 PM PDT

AP - CURRENCY CHANGE: China's decision to allow its currency to appreciate against the dollar will benefit some U.S. manufacturers but could harm retailers. For other industries, such as consumer electronics, it could both hurt and help.

United States' top trading partners, at a glance (AP)

Posted: 21 Jun 2010 03:12 PM PDT

AP - China's decision to let its currency appreciate against the U.S. dollar could boost U.S. exports to that country, while potentially reducing U.S. imports from China. Still, economists say any change will be gradual.

White House monitoring China's currency promises (AP)

Posted: 21 Jun 2010 02:55 PM PDT

AP - The White House is encouraged by China's promise to allow flexibility in its exchange rate but believes the real test will be how well the pledge is enacted, administration officials said Monday.

Winners and losers from a stronger yuan (AP)

Posted: 21 Jun 2010 02:51 PM PDT

AP - China's decision to let its currency rise in value adds buying power to its exploding middle class — a win for American electronics makers, which can sell more computers and iPods to a hungry market.

Chinese police investigate Hilton Hotel prostitution ring (AFP)

Posted: 21 Jun 2010 01:25 PM PDT

Chinese hotel staff see off the last remaining guest as police in southwest China's Chongqing municipality shut down the local Hilton Hotel. Police in Chongqing municipality shut the local Hilton Hotel and arrested 22 people suspected of running a prostitution ring.(AFP)AFP - Police in southwest China's Chongqing municipality shut the local Hilton Hotel Monday and arrested 22 people suspected of running a prostitution ring.

What China's Currency Reform Means For Investors (U.S. News & World Report)

Posted: 21 Jun 2010 01:12 PM PDT

U.S. News & World Report - The Chinese government's move to allow its currency, the renminbi, to appreciate against the dollar provided a big boost for U.S. stocks as investors expressed their confidence that American companies will be able to gain a firmer foothold in China's notoriously protective economy. Specifically, China's weak currency has propped up the country's exporters, while at the same time making imports costly. ...

TSX ends higher but retreats from China rally (Reuters)

Posted: 21 Jun 2010 02:09 PM PDT

Reuters - The TSX closed slightly higher on Monday, but beat a profit-taking retreat from a sharp rally earlier in the day that was spurred by China's vow to allow its currency to trade flexibly.

Yuan surges but China's currency vow expected to disappoint (AFP)

Posted: 21 Jun 2010 07:40 AM PDT

A bank clerk counts US dollars and Chinese yuan at a bank in Hefei, China in April, 2010. China's yuan hit its strongest level in years Monday after authorities pledged limited currency reform, but analysts said Beijing's vow was unlikely to buy off critics of its exchange-rate controls.(AFP/File/Str)AFP - China's yuan hit its strongest level in years Monday after authorities pledged limited currency reform, but analysts said Beijing's vow was unlikely to buy off critics of its exchange-rate controls.

In China's Qinghai, prosperity is a long way off (Reuters)

Posted: 21 Jun 2010 07:05 AM PDT

A Tibetan woman arrives for a Fire Puja ritual at Longwu monastery in Tongren, Qinghai province October 24, 2009. REUTERS/Jason LeeReuters - Chatting in this village of mainly mud-wall houses perched on the Tibetan highlands, Dorje Ka pauses when asked what would most improve his standard of living.

China flood toll rises to 175 dead, more rain forecast (AFP)

Posted: 21 Jun 2010 05:04 AM PDT

Chinese rescuers evacuate villagers after floodwaters destroyed their homes in Chenzhou in central China's Hunan province on June 20. Torrential rains battering south and central China have left 175 people dead and forced the evacuation of 1.7 million, as washed out roads and railways hampered rescue work.(AFP/File/Str)AFP - Torrential rains battering south and central China have left 175 people dead and forced the evacuation of 1.7 million, as washed out roads and railways hampered rescue work Monday.

Qatar, Kuwait eye China bank IPO (AFP)

Posted: 21 Jun 2010 04:58 AM PDT

Muslims from China's Hui minority walk past a branch of Agricultural Bank of China in Xining, in northwest China's Qinghai province. Qatar and Kuwait will buy up to $3.8 billion worth of Agricultural Bank of China in its upcoming share sale, in what could be the world's largest initial public offering.(AFP/File/Frederic J. Brown)AFP - Qatar and Kuwait will buy up to 3.8 billion US dollars worth of Agricultural Bank of China in its upcoming share sale, in what could be the world's largest initial public offering.

Heavy rains kill at least 175 in southern China (Reuters)

Posted: 21 Jun 2010 03:11 AM PDT

Chinese people make their way on a flooded street in Jishui, China, Sunday, June 20, 2010. At least 132 people died and 86 were missing in south China after heavy rains triggered flooding and landslides. (AP Photo)**CHINA OUT**Reuters - Heavy rain across a swathe of southern China over the last week has killed at least 175 people and left 107 missing, as rivers broke their banks and landslides cut off road and rail links, state media said on Monday.

China puts on hold trial of Tibet environmentalist (AP)

Posted: 21 Jun 2010 02:37 AM PDT

AP - An award-winning Tibetan environmentalist's trial on separatism charges has been put on hold, the latest twist in a trio of intertwined cases pitting three brothers against China's communist authorities.

Flooding death toll rises to 175 in southern China (AP)

Posted: 21 Jun 2010 12:20 AM PDT

In this photo released by China's Xinhua News Agency, Chinese Premier Wen Jiabao, second from left, consoles villager Lin Baolan who lost three relatives in deadly floods in Shuangshang village in Cangwu County of southwest China's Guangxi Zhuang Autonomous Region, Sunday, June 20, 2010. Major rivers burst their banks in southern China, triggering massive floods that have killed 132 people and forced 860,000 to flee their homes, the government said Sunday. With dozens missing and more storms forecast, the death toll was expected to rise. (AP Photo/Xinhua, Li Tao) ** NO SALES **AP - Widespread flooding in southern China has caused 175 deaths, with 107 more people missing and more storms expected, the government said Monday.

China's yuan hits highest level in five years (AFP)

Posted: 20 Jun 2010 11:05 PM PDT

China's yuan exchange rate hit its highest level against the dollar in five years Monday, after policymakers pledged at the weekend to make the currency more flexible, Dow Jones Newswires reported.(AFP/File)AFP - China's yuan exchange rate hit its highest level against the dollar in five years Monday, after policymakers pledged at the weekend to make the currency more flexible, Dow Jones Newswires reported.

AP Exclusive: Uighurs flee China after riots (AP)

Posted: 20 Jun 2010 09:00 PM PDT

FILE - In this July 14, 2009 file photo, paramilitary police officers search a car near the Grand Bazaar in Urumqi, western China's Xinjiang province. Nearly a year after the worst communal riots in China's far west in more than a decade, stories of asylum seekers interviewed by The Associated Press are among the few accounts to emerge of how some Uighurs managed to get out amid a government crackdown. (AP Photo/Eugene Hoshiko, File)AP - Police came looking for Vali days after bloody ethnic riots broke out in the far west last year, saying they had video footage of him among fleeing protesters and later shouting at an officer.

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