Yahoo! News: World - China

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• Taiwan parliament approves landmark China trade deal (Reuters)
• China Techfaith 2Q profit rises 62 percent (AP)
• China Digital 2Q profit rises (AP)
• China's economy as No. 2: How it's playing in Japan (The Christian Science Monitor)
• Quarter of Chinese adults aware of smoking risk: survey (Reuters)
• Summary Box: Australia mulls China investments (AP)
• Summary Box: Trade partners fear China slowdown (AP)
• China pips Japan but 'still a developing nation' (AFP)
• China tests space station module to launch in 2011 (AP)
• Mudslides kill at least 15 in Sichuan quake area (AFP)
• China unlikely to satisfy US on military openness (AP)
• 36 killed, hundreds injured in new China flooding (AP)
• Foreign investment in China soars despite labor woes (Reuters)
• China slowdown sends chill through trade partners (AP)
• China: Helping poor matters more than economy rank (AP)
• Taiwan urges US to sell island advanced weapons (AP)
• China strikes a worry but no strategy change yet: execs (Reuters)
• China launches global search for six panda keepers (AFP)
• China fireworks factory blast toll up to 19 (AFP)
• China and IAEA sign nuclear security accord (AFP)

Taiwan parliament approves landmark China trade deal (Reuters) Posted: 17 Aug 2010 05:25 PM PDT Reuters - Taiwan's parliament passed a trade deal with Beijing on Tuesday, the most significant agreement between the political foes of 60 years and one that binds Taiwan's economy to China while opening doors to other countries.

China Techfaith 2Q profit rises 62 percent (AP) Posted: 17 Aug 2010 04:00 PM PDT AP - China Techfaith Wireless Communication Technology Ltd. said Tuesday that its second-quarter profit climbed 62 percent as the Chinese cell phone designer's product sales rose.

China Digital 2Q profit rises (AP) Posted: 17 Aug 2010 03:29 PM PDT AP - China Digital TV Holding Co., a Chinese company which makes equipment for TV broadcasters, said Tuesday that its second-quarter profit increased as demand rose for its smart cards.

China's economy as No. 2: How it's playing in Japan (The Christian Science Monitor) Posted: 17 Aug 2010 01:25 PM PDT The Christian Science Monitor - China finally overtook Japan and became the world’s second-biggest economy, according to data released this week in Tokyo, which showed minimal GDP growth in the land of the rising sun, while its huge neighbor continued its blistering rise.

Quarter of Chinese adults aware of smoking risk: survey (Reuters) Posted: 17 Aug 2010 12:55 PM PDT Reuters - Only a quarter of Chinese people believe smoking tobacco increases the risk of cancer and anti-smoking campaigns are failing to influence them, a government survey released on Tuesday showed.

Summary Box: Australia mulls China investments (AP) Posted: 17 Aug 2010 07:44 AM PDT AP - FINE LINE: Australia opposition leader Tony Abbott says he would be "very careful" about China buying controlling stakes in Australian companies but will not change foreign investment laws if he wins elections this week.

Summary Box: Trade partners fear China slowdown (AP) Posted: 17 Aug 2010 07:40 AM PDT AP - FADING DEMAND: China's abrupt growth slowdown is sending a chill through Asian economies and as far away as Australia and Africa as its voracious demand for imports fades. Beijing is cooling its economy with lending and investment curbs after explosive 11.9 percent first-quarter growth fed fears of overheating.

China pips Japan but 'still a developing nation' (AFP) Posted: 17 Aug 2010 05:43 AM PDT AFP - China insisted Tuesday it was still a developing nation despite overtaking Japan as the world's second largest economy, in the face of pressure to take on a greater role in global affairs.

China tests space station module to launch in 2011 (AP) Posted: 17 Aug 2010 04:10 AM PDT AP - China has finished the first module of a planned space station and is testing its electronics and other systems before launching it into orbit next year.

Mudslides kill at least 15 in Sichuan quake area (AFP) Posted: 17 Aug 2010 03:54 AM PDT AFP - At least 15 people were killed in mudslides that ploughed into an area of China that was devastated by the 2008 Sichuan earthquake, state media said Tuesday, as rain wreaked more havoc in the nation.

China unlikely to satisfy US on military openness (AP) Posted: 17 Aug 2010 03:00 AM PDT AP - Beijing is unlikely to ever satisfy Washington's hopes for greater military transparency, and tensions between their armed forces will remain, Chinese scholars said Tuesday.

36 killed, hundreds injured in new China flooding (AP) Posted: 17 Aug 2010 02:38 AM PDT AP - At least 36 people have died and 23 others are missing in fresh flooding from torrential rains in China's Gansu province, the latest in a string of natural disasters to strike China.

Foreign investment in China soars despite labor woes (Reuters) Posted: 17 Aug 2010 12:06 AM PDT Reuters - China drew 29 percent more foreign direct investment (FDI) in July than a year earlier, with global firms still flocking to the country to build factories and set up research centers despite a bout of labor unrest.

China slowdown sends chill through trade partners (AP) Posted: 16 Aug 2010 11:25 PM PDT AP - China's abrupt growth slowdown is sending a chill through Asian economies and as far away as Australia and Africa as its voracious demand for imports fades.

China: Helping poor matters more than economy rank (AP) Posted: 16 Aug 2010 11:22 PM PDT AP - China's government said Tuesday it still is a developing country despite becoming the second-largest economy, reflecting its reluctance to take on new obligations on climate change and other issues.

Taiwan urges US to sell island advanced weapons (AP) Posted: 16 Aug 2010 11:06 PM PDT AP - Taiwan's Defense Ministry urged the U.S. on Tuesday to sell the island advanced weapons systems, after a Pentagon report concluded that China's arms buildup is giving it a wider military advantage over Taiwan.

China strikes a worry but no strategy change yet: execs (Reuters) Posted: 16 Aug 2010 10:54 PM PDT Reuters - Labor disputes in China, the workshop of the world, are prompting global firms to review their China strategies, but are unlikely to deter them from doing business there since overall costs should remain contained, company executives say.

China launches global search for six panda keepers (AFP) Posted: 16 Aug 2010 10:52 PM PDT AFP - A Chinese panda centre said Tuesday it had launched a global search for six people who would spend a month looking after the endangered animals, as part of an awareness and conservation campaign.

China fireworks factory blast toll up to 19 (AFP) Posted: 16 Aug 2010 09:03 PM PDT AFP - The death toll from a massive explosion at a fireworks factory in northeastern China has risen to 19, with more than 150 others injured, state media said Tuesday.

China and IAEA sign nuclear security accord (AFP) Posted: 16 Aug 2010 08:41 PM PDT AFP - China and the International Atomic Energy Agency have signed an agreement to improve nuclear security in the region, the UN nuclear watchdog said, as its chief made his first visit to Beijing.

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