Yahoo! News: World - China

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• China needs to maintain trade surplus: vice minister (Reuters)
• Wall Street ends flat as investors shrug off China hike (Reuters)
• Analysis: As China raises rates, don't forget the yuan (Reuters)
• China vows lending control to tame inflation (Reuters)
• Chinese road accident kills 14 school children (Reuters)
• China road accidents kill 21, injure 25 (AFP)
• At least 21 dead in 2 China car accidents (AP)
• Chinese web users sceptical on inflation-busting moves (AFP)
• China's Zheng to miss Australian Open (AFP)

China needs to maintain trade surplus: vice minister (Reuters) Posted: 27 Dec 2010 05:09 PM PST Reuters - It is essential for China to maintain a trade surplus and expand its share of global trade, a senior official said in comments reported on Tuesday that appeared to cut against the government's pledge to seek more balanced trade ties.

Wall Street ends flat as investors shrug off China hike (Reuters) Posted: 27 Dec 2010 01:50 PM PST Reuters - Wall Street erased earlier losses and ended little changed on Monday as investors shrugged off a surprise weekend interest rate hike from China's central bank.

Analysis: As China raises rates, don't forget the yuan (Reuters) Posted: 27 Dec 2010 05:51 AM PST Reuters - China was Grinch-like in raising interest rates on Christmas Day, but in fact investors have good reasons to be grateful.

China vows lending control to tame inflation (Reuters) Posted: 27 Dec 2010 03:33 AM PST Reuters - China's central bank took aim at inflation once again on Monday by saying it will control lending and money growth in the world's second-biggest economy to head off price pressures and asset bubbles.

Chinese road accident kills 14 school children (Reuters) Posted: 27 Dec 2010 02:25 AM PST Reuters - A three-wheeled vehicle plunged into a creek in foggy conditions in central China on Monday killing at least 14 children on their way to primary school, state media reported.

China road accidents kill 21, injure 25 (AFP) Posted: 27 Dec 2010 02:14 AM PST AFP - At least 21 people were killed -- including 14 schoolchildren -- and 25 injured in two car accidents in China on Monday, one of which involved over 100 vehicles, state press reported.

At least 21 dead in 2 China car accidents (AP) Posted: 27 Dec 2010 01:53 AM PST AP - At least 21 people, including 14 children, have died in a pair of traffic accidents in China, one a pileup of more than 100 cars in foggy weather.

Chinese web users sceptical on inflation-busting moves (AFP) Posted: 26 Dec 2010 11:34 PM PST AFP - Chinese web users on Monday expressed their anxiety about soaring consumer prices, despite a weekend interest rate hike and reassurances on live radio from the premier that inflation can be curbed.

China's Zheng to miss Australian Open (AFP) Posted: 26 Dec 2010 08:06 PM PST AFP - Chinese number two Zheng Jie will miss next month's Australian Open, where she went to the semi-finals in 2010, as she continues to recover from wrist surgery, state media said Monday.

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