Yahoo! News: World - China

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• Chinese herb mix may shorten flu fever (Reuters)
• AP sources: US suspects China saw secret chopper (AP)
• US economic woes loom over Biden's China trip (AP)
• Vice President Biden to press China on currency during trip (Reuters)
• Hollywood studio partners with China moviemakers (AP)
• U.S. refuses Taiwan request for new jets: report (Reuters)
• Pakistan let China see crashed U.S. "stealth" copter (Reuters)
• Tibetan monk dies in self-immolation protest, group says (Reuters)
• China says Tibetan monk set himself on fire (AP)
• China says local debt risks can be controlled (AP)
• China drafts new rules on bank capital adequacy (Reuters)
• Concessions show influence of China's middle class (AP)
• ECB's Mersch: euro zone states can't quit bloc (Reuters)

Chinese herb mix may shorten flu fever (Reuters) Posted: 15 Aug 2011 02:18 PM PDT Reuters - In mild cases of H1N1 influenza, a traditional Chinese herb mixture may relieve a fever about as well as the antiviral drug Tamiflu, researchers reported Monday.

AP sources: US suspects China saw secret chopper (AP) Posted: 15 Aug 2011 12:30 PM PDT AP - The U.S. suspects that Pakistan retaliated for the humiliating American raid that killed Osama bin Laden by allowing the Chinese military to view the wreckage of a radar-evading helicopter used in the mission.

US economic woes loom over Biden's China trip (AP) Posted: 15 Aug 2011 10:51 AM PDT AP - Concerns about the U.S. economy and the country's ability to manage its debt and deficits loom over Vice President Joe Biden's trip this week to China, America's biggest foreign creditor.

Vice President Biden to press China on currency during trip (Reuters) Posted: 15 Aug 2011 10:14 AM PDT Reuters - Vice President Joe Biden will press China to revalue its currency during his meetings with top Chinese officials in Beijing this week, a U.S. official said on Monday.

Hollywood studio partners with China moviemakers (AP) Posted: 15 Aug 2011 09:25 AM PDT AP - Hollywood studio Relativity Media says it is partnering with two companies to make Chinese films for global audiences and distribute movies in the fast-growing Chinese market.

U.S. refuses Taiwan request for new jets: report (Reuters) Posted: 15 Aug 2011 08:44 AM PDT Reuters - The United States has refused Taiwan's request for 66 new Lockheed Martin F-16C/D fighter jets which China had warned Washington would risk inflaming tensions between the two big powers, Defense News reported, citing a Taiwan defense official.

Pakistan let China see crashed U.S. "stealth" copter (Reuters) Posted: 15 Aug 2011 08:14 AM PDT Reuters - Pakistan gave China access to the previously unknown U.S. "stealth" helicopter that crashed during the commando raid that killed Osama bin Laden in May despite explicit requests from the CIA not to, the Financial Times reported on Sunday.

Tibetan monk dies in self-immolation protest, group says (Reuters) Posted: 15 Aug 2011 05:55 AM PDT Reuters - A Tibetan Buddhist monk burned himself to death on Monday in southwest China calling for the return of the Dalai Lama, the exiled spiritual leader condemned by Beijing as a separatist, a group campaigning for Tibetan self-rule said.

China says Tibetan monk set himself on fire (AP) Posted: 15 Aug 2011 05:07 AM PDT AP - A Buddhist monk died Monday after setting himself on fire in an ethnically Tibetan region of western China, reports said.

China says local debt risks can be controlled (AP) Posted: 15 Aug 2011 04:51 AM PDT AP - China's finance ministry tried Monday to allay concern about billions of dollars in bank loans owed by local governments, saying risks can be controlled and officials are looking at ways to ease the burden.

China drafts new rules on bank capital adequacy (Reuters) Posted: 15 Aug 2011 03:40 AM PDT Reuters - China's banking regulator on Monday published new rules on banks' capital requirements as part of efforts to implement Basel III guidelines to help lenders rein in risks.

Concessions show influence of China's middle class (AP) Posted: 15 Aug 2011 03:37 AM PDT AP - Chinese authorities' swift decision to close and move an urban chemical factory after weekend street protests underscores the ruling Communist Party's fear of alienating the increasingly outspoken middle class.

ECB's Mersch: euro zone states can't quit bloc (Reuters) Posted: 15 Aug 2011 03:20 AM PDT Reuters - No euro zone member states will be allowed to quit the currency bloc, European Central Bank Governing Council member Yves Mersch said in an interview published on Monday in the China Business News.

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