Yahoo! News: World - China

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• Safety concerns raised about China crash runway (AP)
• Morgan Stanley China fund rights offering opens (AP)
• 3 Ways to Invest in China's Powerhouse Economy (U.S. News & World Report)
• China plans to merge 1,000 broadcasters: state media (AFP)
• Summary Box: China Telecom 1H profit edges up (AP)
• Summary Box: South Africa wants to join BRIC group (AP)
• Summary Box: Chinese best-seller slams Goldman (AP)
• Chinese bestseller slams Goldman Sachs for crisis (AP)
• Special report: World's workshop heads to inland China (Reuters)
• Police arrest 4 in bombing in restive west China (AP)
• China plane crash highlights new risks for China's booming air travel industry (The Christian Science Monitor)
• China detains four over attack on Xinjiang police (Reuters)
• Report: Man axes 3 to death in south China (AP)
• China jet crash survivors recount their ordeal (AFP)
• China's Sinochem weighs Potash bid: report (AFP)
• China's Yao resumes practices with NBA Rockets (AFP)

Safety concerns raised about China crash runway (AP) Posted: 25 Aug 2010 06:08 PM PDT AP - YICHUN, China — A nighttime flight into a remote Chinese city ended with a violent, shaking descent and then a crash near an airport that one major Chinese airline had previously judged unsafe for night landings. More than half the 96 people onboard survived, clambering over luggage as smoke filled the broken fuselage.

Morgan Stanley China fund rights offering opens (AP) Posted: 25 Aug 2010 02:05 PM PDT AP - Morgan Stanley on Wednesday said it opened a subscription period for an offering for existing investors to buy rights to purchase additional shares in its China A Share Fund.

3 Ways to Invest in China's Powerhouse Economy (U.S. News & World Report) Posted: 25 Aug 2010 01:43 PM PDT U.S. News & World Report - With the latest forecast that China could take the reins as the world's largest economy as soon as 2030, experts are debating how its growth should be measured and if it will indeed outmuscle the United States. But regardless of when (and if) China will reach that milestone, the country's powerful and growing influence on the world economy cannot be ignored.

China plans to merge 1,000 broadcasters: state media (AFP) Posted: 25 Aug 2010 09:12 AM PDT AFP - China plans to merge about 1,000 regional radio and television networks into a single national cable television network company, state media reported Wednesday.

Summary Box: China Telecom 1H profit edges up (AP) Posted: 25 Aug 2010 07:40 AM PDT AP - RESULTS: China Telecom Ltd. posted a nearly 1 percent rise in profit for the first half of the year as its Internet and mobile businesses grew, though demand for traditional service weakened further.

Summary Box: South Africa wants to join BRIC group (AP) Posted: 25 Aug 2010 07:34 AM PDT AP - IN THE CLUB: South Africa is pushing for membership in BRIC to raise its political and economic clout. The informal grouping of major developing nations including Brazil, Russia, India and China has growing global influence.

Summary Box: Chinese best-seller slams Goldman (AP) Posted: 25 Aug 2010 07:23 AM PDT AP - THE BOOK: Chinese financial journalist Li Delin has released another book slamming Goldman Sachs for its role in the financial crisis. The "Goldman Sachs Conspiracy" has sold over 100,000 copies since it was released in June.

Chinese bestseller slams Goldman Sachs for crisis (AP) Posted: 25 Aug 2010 07:00 AM PDT AP - Goldman Sachs & Co., reviled in the U.S. for its role in the financial crisis, is now getting hammered in the world's No. 2 economy with a sensationalist new book accusing the investment bank of trying to destroy China.

Special report: World's workshop heads to inland China (Reuters) Posted: 25 Aug 2010 06:47 AM PDT Reuters - In a vast muddy cornfield scarred with the tracks of heavy vehicles, two young engineers pore over a construction blueprint showing a grid of 100 rectangular factory blocks.

Police arrest 4 in bombing in restive west China (AP) Posted: 25 Aug 2010 05:46 AM PDT AP - Police have arrested four suspects in a deadly bomb attack on police auxiliary forces last week, a government spokeswoman said Wednesday, in the latest violence in China's restive Muslim far west.

China plane crash highlights new risks for China's booming air travel industry (The Christian Science Monitor) Posted: 25 Aug 2010 05:23 AM PDT The Christian Science Monitor - The plane crash in China that killed 42 people late Tuesday night was a rare blot on the country's aviation safety copybook, say experts here.

China detains four over attack on Xinjiang police (Reuters) Posted: 25 Aug 2010 05:13 AM PDT Reuters - Four people have been detained for a deadly attack on Chinese military police last week in the far western region of Xinjiang, state media reported on Wednesday.

Report: Man axes 3 to death in south China (AP) Posted: 25 Aug 2010 03:40 AM PDT AP - A man reportedly angry over his divorce axed a woman and two children to death early Wednesday and wounded three others, state media cited police as saying.

China jet crash survivors recount their ordeal (AFP) Posted: 25 Aug 2010 02:14 AM PDT AFP - Survivors from a passenger jet that crashed in northeast China killing at least 42 people recounted Wednesday how they felt a massive jolt as the plane attempted to land, and then saw smoke and flames.

China's Sinochem weighs Potash bid: report (AFP) Posted: 25 Aug 2010 12:05 AM PDT AFP - China's Sinochem Group has said it is "evaluating" a bid for Canada's Potash Corp, the world's largest fertiliser maker, after a BHP Billiton bid was rebuffed, local media reported Wednesday.

China's Yao resumes practices with NBA Rockets (AFP) Posted: 24 Aug 2010 08:54 PM PDT AFP - China's Yao Ming, who missed last season with injuries, returned to the court Tuesday after doctors gave him the green light to play basketball again.

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