Yahoo! News: World - China

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• Chinese premier says foreign firms treated fairly (AFP)
• China's Wen soothes on rare earths and investment worries (Reuters)
• Transaction tax may cool China housing: PBOC adviser (Reuters)
• Two dead in China as Typhoon Conson calms (AFP)

Chinese premier says foreign firms treated fairly (AFP) Posted: 17 Jul 2010 08:36 AM PDT AFP - Chinese Premier Wen Jiabao on Saturday rejected suggestions that the Asian giant does not provide a level playing field to foreign investors.

China's Wen soothes on rare earths and investment worries (Reuters) Posted: 17 Jul 2010 06:00 AM PDT Reuters - Chinese premier Wen Jiabao told a German trade delegation that China would not block exports of rare earth metals, while disputing allegations that China's investment climate has worsened for foreign businesses.

Transaction tax may cool China housing: PBOC adviser (Reuters) Posted: 17 Jul 2010 01:39 AM PDT Reuters - Higher taxes on property transactions would do more than a property tax to curb speculation, an influential Chinese policy maker said in an editorial published on Saturday, in which he advocated maintaining current cooling measures in the second half.

Two dead in China as Typhoon Conson calms (AFP) Posted: 16 Jul 2010 11:59 PM PDT AFP - Typhoon Conson pummelled the southeastern Chinese island of Hainan, killing at least two people, uprooting trees and knocking down electricity pylons, local officials said Saturday.

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