Yahoo! News: World - China

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• UN to decide soon on funds for NKorea food aid (AP)
• China's badminton march gathers steam (AFP)
• In China's Wild West, A 'Black Gold' Rush Takes Shape (Time.com)
• China injecting $4.6B into public health services (AP)
• Malaysia durians challenge Thai dominance in China (AP)
• Health fund freezes payments to China amid dispute (AP)
• China agency downgrades UK sovereign credit rating (AFP)
• China c.bank adviser says U.S. should cut IMF voting share (Reuters)
• Two top China Wal-Mart executives quit (Reuters)
• China's current account surplus down 18% in Q1 (AFP)

UN to decide soon on funds for NKorea food aid (AP) Posted: 24 May 2011 02:20 PM PDT AP - The United Nations said Tuesday it would soon decide whether to release emergency humanitarian funds for North Korea as a U.S. government team arrived in the secretive Asian nation to assess its request for food aid.

China's badminton march gathers steam (AFP) Posted: 24 May 2011 09:23 AM PDT AFP - Lin Dan suffered one or two anxious moments but China's relentless march towards a fourth Sudirman Cup in a row gathered pace as they battered Japan 5-0 on Tuesday.

In China's Wild West, A 'Black Gold' Rush Takes Shape (Time.com) Posted: 24 May 2011 07:55 AM PDT Time.com - Situated at the heart of the Xinjiang region, Karamay is rich in oil andincreasingly vital to China's energy strategy. The 'black gold' has fueledlocal development, and transformed this sleepy backwater. But ethnic splitscould create conflict

China injecting $4.6B into public health services (AP) Posted: 24 May 2011 05:25 AM PDT AP - China says it will pump $4.6 billion this year into expanding public health services such as free vaccinations and routine checkups for children under 6 years of age.

Malaysia durians challenge Thai dominance in China (AP) Posted: 24 May 2011 04:21 AM PDT AP - Malaysia will start exporting durians to mainland China from July, challenging Thailand's virtual monopoly on shipments of the spiky, stinky delicacy that many Southeast Asians hail as "the king of fruits."

Health fund freezes payments to China amid dispute (AP) Posted: 24 May 2011 03:39 AM PDT AP - A high-profile global fund for fighting diseases is freezing payments of grants to China worth hundreds of millions of dollars over suspected misuse of the money and the government's reluctance to involve community groups in the projects.

China agency downgrades UK sovereign credit rating (AFP) Posted: 24 May 2011 12:46 AM PDT AFP - A Chinese ratings house on Tuesday downgraded Britain's sovereign credit rating over what it said was the country's gloomy economic growth prospects and weakening ability to pay back debt.

China c.bank adviser says U.S. should cut IMF voting share (Reuters) Posted: 24 May 2011 12:09 AM PDT Reuters - The United States should reduce its dominant voting share in the International Monetary Fund, an adviser to the People's Bank of China said on Tuesday, helping to give emerging economies more of a say in deciding who will take the helm of the IMF.

Two top China Wal-Mart executives quit (Reuters) Posted: 23 May 2011 11:07 PM PDT Reuters - Two top executives have quit Wal-Mart Stores Inc's China business, leaving a leadership vacuum in country earmarked as having strategic importance for the U.S. retailer.

China's current account surplus down 18% in Q1 (AFP) Posted: 23 May 2011 09:29 PM PDT AFP - China's current account surplus fell 18 percent in the first quarter of 2011 from the same period last year, official data showed Tuesday.

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