Yahoo! News: World - China

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• Knife attack at Chinese daycare center wounds 8 (AP)
• Moody's, S&P cut Sino-Forest ratings as CEO exits (Reuters)
• Analysis: China keeps world guessing on yuan plan (Reuters)
• China's Longtop gets Wells notice from SEC (Reuters)
• Tibet monk given 11 yrs in colleague's immolation (AP)
• PetroChina says refinery fire in Dalian put out (AP)
• Chinese general's spy talk leaked onto YouTube (AP)
• China dissident Ai Weiwei launches scathing attack on govt (Reuters)
• Analysis: Record prices spawn new wave of China gold bugs (Reuters)
• China moves Tibet hardliner to heavily Catholic province (Reuters)
• Chinese refiner Sinopec 1H profit up 12 percent (AP)
• Sino-Forest boss quits amid Canadian investigation (AP)
• Sounds heard from Chinese mine where 22 missing (AP)

Knife attack at Chinese daycare center wounds 8 (AP) Posted: 29 Aug 2011 09:31 AM PDT AP - A worker slashed children with a knife at a daycare center for migrant workers in eastern China on Monday, wounding eight of them, one seriously.

Moody's, S&P cut Sino-Forest ratings as CEO exits (Reuters) Posted: 29 Aug 2011 07:27 AM PDT Reuters - Credit rating agencies Moody's and Standard & Poor's slashed their ratings on the debt of Chinese forestry company Sino-Forest on Monday, a day after Allen Chan, chairman and CEO of the Toronto-listed company, stepped down in the face of fraud accusations.

Analysis: China keeps world guessing on yuan plan (Reuters) Posted: 29 Aug 2011 07:16 AM PDT Reuters - Figuring out what the People's Bank of China is doing can be as perplexing as parsing a statement from Alan Greenspan, the notoriously opaque former U.S. Federal Reserve chairman.

China's Longtop gets Wells notice from SEC (Reuters) Posted: 29 Aug 2011 05:37 AM PDT Reuters - Longtop Financial Technologies Ltd said on Monday it may face civil charges by the U.S. Securities and Exchange Commission, signaling stepped-up regulatory enforcement of possible accounting irregularities at Chinese companies.

Tibet monk given 11 yrs in colleague's immolation (AP) Posted: 29 Aug 2011 03:29 AM PDT AP - A Chinese court sentenced a Tibetan Buddhist monk to 11 years in jail Monday after ruling he hid another monk who set himself on fire, thereby preventing him from receiving emergency treatment.

PetroChina says refinery fire in Dalian put out (AP) Posted: 29 Aug 2011 03:06 AM PDT AP - Firefighters fought three hours to put out a blaze Monday at a major petrochemical refinery in the northeastern Chinese city of Dalian, the second fire in two months at the facility, police and the company said.

Chinese general's spy talk leaked onto YouTube (AP) Posted: 29 Aug 2011 02:50 AM PDT AP - Footage of a Chinese general discussing sensitive spying cases has been leaked onto video sharing site YouTube, in what appears to be an embarrassing failure of secrecy for the usually tightlipped military.

China dissident Ai Weiwei launches scathing attack on govt (Reuters) Posted: 29 Aug 2011 01:36 AM PDT Reuters - Dissident Chinese artist Ai Weiwei has launched his first scathing attack on the Chinese government since his release from secretive detention in late June, accusing officials of denying citizens their basic rights.

Analysis: Record prices spawn new wave of China gold bugs (Reuters) Posted: 29 Aug 2011 01:11 AM PDT Reuters - Record gold prices, rather than denting China's enthusiasm for bullion, have emboldened investors to plough more money into gold bars and riskier bullion-based derivatives.

China moves Tibet hardliner to heavily Catholic province (Reuters) Posted: 28 Aug 2011 09:22 PM PDT Reuters - The hardline Chinese official removed last week as Communist Party chief of restive Tibet has been made head of the province in the center of contention over China's Catholics, giving him an influential role in another sensitive religious issue.

Chinese refiner Sinopec 1H profit up 12 percent (AP) Posted: 28 Aug 2011 08:28 PM PDT AP - Sinopec, Asia's largest refiner by capacity, said first-half profit rose 12 percent as higher oil, gas and chemicals revenues helped offset a loss in its refining business.

Sino-Forest boss quits amid Canadian investigation (AP) Posted: 28 Aug 2011 08:13 PM PDT AP - Sino Forest Corp. says its chief executive has resigned as Canadian regulators investigate fraud allegations against the Hong Kong-based company following claims it exaggerated the size of its forest holdings in China.

Sounds heard from Chinese mine where 22 missing (AP) Posted: 28 Aug 2011 08:00 PM PDT AP - Rescuers heard knocking sounds Monday from a flooded Chinese mine where 22 workers have been trapped for nearly a week.

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