Yahoo! News: World - China

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• China on track for modern military by 2020: Pentagon (Reuters)
• Pentagon: China military growing rapidly (AP)
• Japan protests over China ships in disputed waters (Reuters)
• Insight: U.S. gets rare chance to size up China's next leader (Reuters)
• China vows to appeal raw materials WTO case (Reuters)
• Reports: Chinese priests detained over new bishop (AP)
• China turns to Libya rebels, urges "stable transition" (Reuters)
• China official tells Web firms to control content (AP)
• CNOOC 1H profit up 51 pct, says sorry for spill (AP)
• China COSCO seeks to reassure shipowners over unpaid bills (Reuters)
• China urges tolerance, UN leading role in Libya (AP)
• Hertz, GE partner in China electric autos venture (AP)
• China says U.N. should lead efforts in post-war Libya (Reuters)

China on track for modern military by 2020: Pentagon (Reuters) Posted: 24 Aug 2011 02:48 PM PDT Reuters - China appears on track to forge a modern military by 2020, a rapid buildup that could be potentially destabilizing to the Asia-Pacific region, the Pentagon said on Wednesday.

Pentagon: China military growing rapidly (AP) Posted: 24 Aug 2011 11:07 AM PDT AP - A Pentagon report says China's development of a new stealth fighter, an aircraft carrier and a record number of space launches over the past year puts it on pace to achieve its goal of building a modern, regionally focused military by 2020.

Japan protests over China ships in disputed waters (Reuters) Posted: 24 Aug 2011 07:14 AM PDT Reuters - Japan lodged a formal protest on Wednesday after two Chinese ships briefly entered what it regards as its territorial waters near disputed East China Sea islets, the latest flare-up in a long-running dispute.

Insight: U.S. gets rare chance to size up China's next leader (Reuters) Posted: 24 Aug 2011 04:46 AM PDT Reuters - Before Joe Biden left China this week, the last thing Vice President Xi Jinping told him over dinner was simple: he wants to be friends.

China vows to appeal raw materials WTO case (Reuters) Posted: 24 Aug 2011 04:04 AM PDT Reuters - China vowed on Wednesday to appeal a recent World Trade Organization ruling against its raw materials export policy, a case that could threaten Beijing's handling of rare earths.

Reports: Chinese priests detained over new bishop (AP) Posted: 24 Aug 2011 03:55 AM PDT AP - A number of priests and laymen in China's underground Catholic church have been detained in the country's northwest in a struggle over the appointment of a new bishop, overseas reports said Wednesday.

China turns to Libya rebels, urges "stable transition" (Reuters) Posted: 24 Aug 2011 03:28 AM PDT Reuters - China urged a "stable transition of power" in Libya and said on Wednesday it is in contact with the rebel National Transitional Council, the clearest sign that Beijing has effectively shifted recognition to forces poised to defeat Muammar Gaddafi.

China official tells Web firms to control content (AP) Posted: 24 Aug 2011 02:58 AM PDT AP - A Communist Party leader has told China's Internet companies to tighten control over material online as Beijing cracks down on dissent and tries to block the rise of Middle East-style protests.

CNOOC 1H profit up 51 pct, says sorry for spill (AP) Posted: 24 Aug 2011 02:42 AM PDT AP - Chinese offshore oil and gas producer CNOOC Ltd. said Wednesday that rising output and higher prices helped boost its profit by 51 percent in the first half of the year.

China COSCO seeks to reassure shipowners over unpaid bills (Reuters) Posted: 23 Aug 2011 11:36 PM PDT Reuters - China COSCO Holdings (1919.HK) (601919.SS), the country's top shipping company, sought to reassure investors on Wednesday that negotiations with shipowners over unpaid bills would be resolved and its business remained strong.

China urges tolerance, UN leading role in Libya (AP) Posted: 23 Aug 2011 10:41 PM PDT AP - All sides in Libya need to work for political reconciliation and allow the United Nations to play a leading role in rebuilding the conflict-stricken nation, China's Foreign Ministry said.

Hertz, GE partner in China electric autos venture (AP) Posted: 23 Aug 2011 09:28 PM PDT AP - Rental car company Hertz Global Holdings says it plans to partner with General Electric in offering electric vehicles in China and expanding the charging networks needed to run them.

China says U.N. should lead efforts in post-war Libya (Reuters) Posted: 23 Aug 2011 07:57 PM PDT Reuters - The United Nations should lead post-war efforts in Libya, China's Foreign Minister told the U.N. chief, adding that Beijing was willing to help rebuild the north African country.

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