Yahoo! News: World - China

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• Italy asks China to buy its bonds: report (Reuters)
• China recognizes NTC as Libya's ruling authority (AP)
• China says cooling inflation still top priority (AP)
• Analysis: Suspicion greets China's Europe expansion (Reuters)

Italy asks China to buy its bonds: report (Reuters) Posted: 12 Sep 2011 12:39 PM PDT Reuters - Italy has asked China to make "significant" purchases of Italian debt, the Financial Times reported on its website on Monday.

China recognizes NTC as Libya's ruling authority (AP) Posted: 12 Sep 2011 08:15 AM PDT AP - China became the last major power Monday to recognize the National Transition Council as the ruling body of Libya in the wake of the overthrow of Moammar Gadhafi.

China says cooling inflation still top priority (AP) Posted: 11 Sep 2011 08:54 PM PDT AP - China's central bank said Monday that cooling surging prices still is its top priority even after inflation eased slightly in August.

Analysis: Suspicion greets China's Europe expansion (Reuters) Posted: 11 Sep 2011 07:07 PM PDT Reuters - For cash-strapped Europe, China is an appealing source of financing. But the response to an attempt by a Chinese businessman to open a leisure resort in Iceland suggests growing suspicion and a potential backlash that could stifle the relationship.

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