| China says convertible yuan the ultimate goal (AFP) Posted: 30 Jul 2010 07:46 AM PDT  AFP - China wants the yuan to be fully convertible and such currencies are generally free-floating, a top central bank official said Friday, six weeks after Beijing pledged to loosen its grip on the yuan.
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| China overtakes Japan as No.2 economy: FX chief (Reuters) Posted: 30 Jul 2010 06:40 AM PDT Reuters - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. |
| China says it opposes EU sanctions against Iran (AP) Posted: 30 Jul 2010 06:26 AM PDT AP - China said Friday that it opposes the sanctions the European Union is imposing on Iran over its disputed nuclear program, saying it supports Iran's renewed efforts to hold talks on a possible swap of nuclear fuel. |
| US expert: China oil spill far bigger than stated (AP) Posted: 30 Jul 2010 05:48 AM PDT  AP - China's worst known oil spill is dozens of times larger than the government has reported, and some of the oil was spilled deliberately to avoid an even larger disaster, an American expert said Friday.
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| China opposes new EU sanctions on Iran (Reuters) Posted: 30 Jul 2010 05:33 AM PDT Reuters - China said on Friday that it did not approve of tougher new sanctions imposed by the European Union on Iran, and welcomed Tehran's offer to return to negotiations on a nuclear fuel swap without conditions. |
| China races to recover chemical barrels from river (AFP) Posted: 30 Jul 2010 04:52 AM PDT  AFP - Workers on Friday struggled to recover 3,000 barrels filled with hazardous chemicals that were swept into a river in northeast China by floods, amid fears some had sunk, state media said.
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| Charles River Labs calls off WuXi Pharmatech buy (AP) Posted: 30 Jul 2010 04:07 AM PDT AP - Charles River Laboratories International Inc., a U.S. medical research equipment and services company, said Friday it is canceling a $1.6 billion acquisition of WuXi PharmaTech after shareholder objections. |
| Luxuries from China's Forbidden City to travel US (AP) Posted: 30 Jul 2010 03:14 AM PDT  AP - Deep in a long-forgotten corner of the Forbidden City and up a twisting stairway are four sets of twin doors, shut for more than eight decades. They reveal rare sweeping views to the north, south, east and west above the golden-tiled rooftops of the imperial palace.
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| Taiwanese wary about China amid warming ties (AP) Posted: 30 Jul 2010 02:07 AM PDT  AP - In the crowded Taipei theater, Eddy Fang laughs politely at the Chinese ensemble's comic references to jealous husbands and overweight wives but can't help thinking it's all a bit lowbrow in relatively sophisticated Taiwan.
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| China criticizes Clinton comments on island chains (AP) Posted: 30 Jul 2010 01:50 AM PDT  AP - China's military on Friday criticized remarks by U.S. Secretary of State Hillary Clinton that Washington had a strong interest in seeing territorial disputes in the South China Sea resolved peacefully.
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| China naval drill in South China Sea: state media (AFP) Posted: 30 Jul 2010 01:03 AM PDT  AFP - China this week staged a large naval and air exercise on its southeast coast, as South Korea and the United States conducted their own naval drill opposed by Beijing, state media said Friday.
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| China to crack down on pro-Cantonese protesters (Reuters) Posted: 30 Jul 2010 12:56 AM PDT Reuters - Authorities in China's southern city of Guangzhou will punish people who try and organize any more protests in support of the Cantonese dialect, a state-run newspaper said on Friday. |
| US lawmakers urge probe of China Ansteel's deal (AFP) Posted: 29 Jul 2010 11:13 PM PDT  AFP - A group of US legislators has urged President Barack Obama to investigate a plan by a top Chinese steelmaker to invest in an American firm, saying Washington failed to heed an earlier call.
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| China jails 3 Uighurs for sites deemed sensitive (AP) Posted: 29 Jul 2010 10:52 PM PDT AP - China has jailed three minority Uighurs who ran websites with content considered politically sensitive by the government, according to a media report and an advocacy group. |
| U.S. officials to go to China to push shunning Iran (Reuters) Posted: 29 Jul 2010 12:35 PM PDT Reuters - Senior U.S. officials said on Thursday they will travel to China in August to push Beijing to abide by international sanctions on Iran. |
| Floods kill 29 in China's northeast (AFP) Posted: 29 Jul 2010 10:41 AM PDT  AFP - At least 29 people have been killed and seven are missing after floodwaters swept through northeast China, state media said Thursday, as the death toll from the worst floods in years neared 1,000.
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| Four held over China pipeline blast, toll hits 13 (AFP) Posted: 29 Jul 2010 09:02 AM PDT  AFP - Police have arrested four people in connection with a chemical pipeline explosion that rocked a city in eastern China, state media said Thursday, as the death toll rose to 13.
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| China govt approves Geely acquisition of Volvo (AP) Posted: 29 Jul 2010 08:29 AM PDT  AP - Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce Ministry said Thursday.
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| Rio Tinto, China's Chalco seal deal for Guinea mine (AFP) Posted: 29 Jul 2010 06:40 AM PDT  AFP - Mining giant Rio Tinto and China's Chalco on Thursday signed a binding agreement to jointly develop a huge African iron ore field, with the Chinese company to invest 1.35 billion dollars in the project.
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| China denies forced technology transfer charge (AFP) Posted: 29 Jul 2010 04:49 AM PDT  AFP - Beijing on Thursday denied charges by a US business group that its technology transfer rules for foreign firms constitute "theft" on a massive scale, and defended its policies as meeting global rules.
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