Yahoo! News: World - China

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• House passes bill aimed at Chinese yuan (Reuters)
• Japan defense chief eyes China talks: report (Reuters)
• China targeted in bill on currency manipulation (AP)
• House Ups Pressure Over China's Yuan; Senate Fate Unclear (Investor's Business Daily)
• Survey shows China manufacturing gaining in Sept (AP)
• Obama again claims China's yuan 'undervalued' (AFP)
• WTO says US ban on Chinese poultry is illegal (AP)
• Pentagon says US-China military ties restored (AP)
• Gates, Buffett dine with China's rich for charity (AP)
• US, China to resume military contacts: Pentagon (AFP)
• U.S., China resuming military dialogue: Pentagon (Reuters)
• Gates and Buffett host banquet for China's super rich (AFP)
• Japanese woman among winners of China panda keeper contest (AFP)
• China promises currency flexibility (AP)
• China pipe maker buys into Canadian miner (AFP)
• Caterpillar opening facility in China (AP)
• Drinks magnate tops China rich list, worth $12 billion (Reuters)
• Obama urged to challenge China on clean energy (Reuters)
• Japan urges resolution on nationals held in China (Reuters)
• China pledges yuan flexibility ahead of US House vote (AFP)

House passes bill aimed at Chinese yuan (Reuters) Posted: 29 Sep 2010 05:34 PM PDT Reuters - The House of Representatives stepped up pressure on China to let its currency rise faster, passing a bill on Wednesday that could penalize Chinese goods, as lawmakers blamed it for lost jobs in America.

Japan defense chief eyes China talks: report (Reuters) Posted: 29 Sep 2010 05:19 PM PDT Reuters - Japanese Defense Minister Toshimi Kitazawa is considering seeking talks with his Chinese counterpart in Vietnam next month to repair strained bilateral ties, Kyodo news agency said, citing unnamed government sources.

China targeted in bill on currency manipulation (AP) Posted: 29 Sep 2010 04:34 PM PDT AP - The House has approved legislation that would allow the U.S. to seek trade sanctions against China and other nations for manipulating their currency to gain trade advantages.

House Ups Pressure Over China's Yuan; Senate Fate Unclear (Investor's Business Daily) Posted: 29 Sep 2010 03:51 PM PDT Investor's Business Daily - The House sent a sharp warning to China on Wednesday, overwhelmingly passing a bill that could lead to punitive tariffs on a broad range of Chinese imports.

Survey shows China manufacturing gaining in Sept (AP) Posted: 29 Sep 2010 02:25 PM PDT AP - A key index of Chinese manufacturing activity rose to its highest level in five months in September with growth resulting from rising export orders and purchasing, according to a survey released Wednesday.

Obama again claims China's yuan 'undervalued' (AFP) Posted: 29 Sep 2010 10:58 AM PDT AFP - US President Barack Obama on Wednesday again complained that China's yuan currency was unfairly undervalued, as lawmakers debated a bid to punish Beijing over the exchange rate.

WTO says US ban on Chinese poultry is illegal (AP) Posted: 29 Sep 2010 10:52 AM PDT AP - The Obama administration received its first rebuke from the World Trade Organization on Wednesday as a three-member panel declared that an American ban on Chinese poultry is illegal.

Pentagon says US-China military ties restored (AP) Posted: 29 Sep 2010 10:45 AM PDT AP - China and the United States have agreed to resume normal military contacts after a period of estrangement over U.S. arms sales to Taiwan, the Pentagon said Wednesday.

Gates, Buffett dine with China's rich for charity (AP) Posted: 29 Sep 2010 10:26 AM PDT AP - Billionaire investor Warren Buffett said a meeting about charity he attended Wednesday with Microsoft Corp. co-founder Bill Gates and dozens of China's super rich was "a tremendous success," despite earlier concerns that the country's newly minted millionaires would be pressured to give up their fortunes.

US, China to resume military contacts: Pentagon (AFP) Posted: 29 Sep 2010 10:15 AM PDT AFP - The United States and China are to resume military contacts cut off since early 2010 with initial meetings planned for next month in Hawaii, a Pentagon official said Wednesday.

U.S., China resuming military dialogue: Pentagon (Reuters) Posted: 29 Sep 2010 09:58 AM PDT Reuters - China and the United States are resuming high-level military dialogue, with talks scheduled in Hawaii in mid-October and more in Washington later this year, the Pentagon said on Wednesday.

Gates and Buffett host banquet for China's super rich (AFP) Posted: 29 Sep 2010 09:05 AM PDT AFP - Bill Gates and Warren Buffett hosted a banquet Wednesday for China's super rich that sparked debate about Chinese philanthropy, amid reports that wealthy invitees had been reluctant to attend.

Japanese woman among winners of China panda keeper contest (AFP) Posted: 29 Sep 2010 09:02 AM PDT AFP - As a spat between Beijing and Tokyo rumbles on, China on Wednesday opted for a bit of panda diplomacy, naming a Japanese woman as one of six winners of a contest to care for the endangered animals.

China promises currency flexibility (AP) Posted: 29 Sep 2010 07:55 AM PDT AP - China repeated promises of exchange rate flexibility Wednesday but offered no new measures that might avert a possible vote by the U.S. House of Representatives on currency legislation.

China pipe maker buys into Canadian miner (AFP) Posted: 29 Sep 2010 06:24 AM PDT AFP - China's Xinxing Ductile Iron Pipes Co said Wednesday it would buy a 19 percent stake in Canada's Advanced Exploration and invest one billion Canadian dollars in the mining firm's iron ore project.

Caterpillar opening facility in China (AP) Posted: 29 Sep 2010 05:48 AM PDT AP - Caterpillar Inc., the world's largest marker of construction and mining equipment, said Wednesday it plans to open a new facility in Wujiang, China, to build mini hydraulic excavators.

Drinks magnate tops China rich list, worth $12 billion (Reuters) Posted: 29 Sep 2010 05:13 AM PDT Reuters - Beverage magnate Zong Qinghou tops the list of the richest men in China with a personal wealth worth an estimated $12 billion, according to the partial results of a survey released on Wednesday.

Obama urged to challenge China on clean energy (Reuters) Posted: 29 Sep 2010 04:54 AM PDT Reuters - More than 180 U.S. lawmakers urged President Barack Obama on Tuesday to fight back against what they called China's "unfair" tactics to dominate global production of clean energy technology.

Japan urges resolution on nationals held in China (Reuters) Posted: 29 Sep 2010 04:08 AM PDT Reuters - Japan urged China on Wednesday to quickly settle the case of four detained Japanese and said Beijing would also suffer from a worsening of ties in a bitter territorial feud between Asia's two biggest economies.

China pledges yuan flexibility ahead of US House vote (AFP) Posted: 29 Sep 2010 03:45 AM PDT AFP - China's central bank on Wednesday pledged to increase the flexibility of its exchange rate just as US lawmakers prepared to vote on legislation that could punish Beijing for alleged currency manipulation.

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