Yahoo! News: World - China

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• China will keep yuan stable: central bank newspaper (Reuters)
• US and China announce series of trade agreements (AP)
• U.S. and China make progress on beef, software trade (Reuters)
• US delegation to meet top Chinese diplomat (AFP)
• Beijing resident battles to rebuild home seized in China's Cultural Revolution (The Christian Science Monitor)
• McDonald's outlines expansion plans for China (AP)
• China shelter 'sold 70 disabled people into slavery' (AFP)
• Factbox: China and India deals in focus during Wen's visit (Reuters)
• Wen says world big enough for India and China growth (Reuters)
• China tunnel links last isolated county to highway (AP)
• Chinese premier on trust-building trip to India (AP)
• China set to attract $100 billion in foreign direct investment (Reuters)
• Foreign investment in China up 38 pct in November (AP)
• McDonald's to double China restaurants by 2013 (Reuters)

China will keep yuan stable: central bank newspaper (Reuters) Posted: 15 Dec 2010 06:14 PM PST Reuters - The groundwork is in place for a stable yuan because China's current account surplus is trending down and other currencies have been swirling about in choppy trade, an official newspaper said on Thursday.

US and China announce series of trade agreements (AP) Posted: 15 Dec 2010 06:04 PM PST AP - The Obama administration said Wednesday that two days of talks with a high-level delegation from China produced results that should benefit U.S. companies ranging from manufacturers of computer software and wind turbines to beef producers.

U.S. and China make progress on beef, software trade (Reuters) Posted: 15 Dec 2010 05:55 PM PST Reuters - Top U.S. and Chinese officials said on Wednesday they had made progress on beef, software and other bilateral trade irritants, reducing some friction ahead of a presidential summit next month.

US delegation to meet top Chinese diplomat (AFP) Posted: 15 Dec 2010 02:29 PM PST AFP - A high-level US delegation will meet with China's top diplomat on Thursday to discuss Korean tensions and an expected US visit by Chinese president Hu Jintao, the State Department said Wednesday.

Beijing resident battles to rebuild home seized in China's Cultural Revolution (The Christian Science Monitor) Posted: 15 Dec 2010 11:10 AM PST The Christian Science Monitor - Ma Xiuming, a retired university physics professor, is not accustomed to wielding a sledgehammer. But as she smashed it repeatedly into a wall the other day, she soon got the hang of it.

McDonald's outlines expansion plans for China (AP) Posted: 15 Dec 2010 09:28 AM PST AP - McDonald's plans to add 150 to 200 restaurants in China, part of its plan to increase its investment in China by 40 percent next year.

China shelter 'sold 70 disabled people into slavery' (AFP) Posted: 15 Dec 2010 08:42 AM PST AFP - The operator of an unlicensed shelter for disabled people in southwest China sold at least 70 mentally ill workers into slavery in recent years, local authorities told state press Wednesday.

Factbox: China and India deals in focus during Wen's visit (Reuters) Posted: 15 Dec 2010 06:09 AM PST Reuters - Chinese Premier Wen Jiabao began a visit to India on Wednesday, trying to boost trade and soothe tensions between the two fastest-growing major economies in the world.

Wen says world big enough for India and China growth (Reuters) Posted: 15 Dec 2010 05:39 AM PST Reuters - Chinese Premier Wen Jiabao began a visit to India on Wednesday, pledging to improve market access for Indian companies and insisting the world was big enough for both Asian giants to prosper as partners.

China tunnel links last isolated county to highway (AP) Posted: 15 Dec 2010 04:49 AM PST AP - China broke through on a road tunnel Wednesday that will link its last isolated county to the national highway system.

Chinese premier on trust-building trip to India (AP) Posted: 15 Dec 2010 04:38 AM PST AP - Chinese Premier Wen Jiabao arrived in India on Wednesday in a visit intended to build trust between two Asian powers with increasingly close economic ties despite ongoing competition for regional influence.

China set to attract $100 billion in foreign direct investment (Reuters) Posted: 14 Dec 2010 11:48 PM PST Reuters - China is on course to attract a record $100 billion in foreign direct investment this year, the commerce ministry said on Wednesday, evidence that it remains a top destination for global firms despite concerns about market barriers and rising labor costs.

Foreign investment in China up 38 pct in November (AP) Posted: 14 Dec 2010 10:24 PM PST AP - Foreign direct investment in China jumped more than 38 percent from a year earlier in November as businesses tapped into the country's fast growth.

McDonald's to double China restaurants by 2013 (Reuters) Posted: 14 Dec 2010 09:47 PM PST Reuters - McDonald's Corp plans to double the number of its restaurants in China to 2,000 by 2013, a senior executive said on Wednesday as it speeds up expansion in the fastest growing major economy.

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