Yahoo! News: World - China

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• Senate leader vows push on China currency bill (Reuters)
• Italy under pressure as debt worries grow (Reuters)
• China says new Libya leaders will honor accords (AP)
• Reports: Italy asks China to buy bonds, invest (AP)
• China general's son crashes into wall of outrage (Reuters)
• Police in China seize 100 tons of 'gutter oil' (AP)

Senate leader vows push on China currency bill (Reuters) Posted: 13 Sep 2011 03:23 PM PDT Reuters - The Senate will try to pass legislation in coming weeks aimed at forcing China to stop holding its currency below market value, Senate Democratic Leader Harry Reid said on Tuesday.

Italy under pressure as debt worries grow (Reuters) Posted: 13 Sep 2011 07:09 AM PDT Reuters - Italy had to pay record interest to sell its bonds on Tuesday as it raced to calm market fears that it was losing control of a huge public debt and could trigger a crisis that threatened the euro zone.

China says new Libya leaders will honor accords (AP) Posted: 13 Sep 2011 01:55 AM PDT AP - China has received reassurances from Libya's provisional authority that the country's new government will uphold all agreements signed with Beijing before the overthrow of Moammar Gadhafi, officials said Tuesday.

Reports: Italy asks China to buy bonds, invest (AP) Posted: 13 Sep 2011 01:26 AM PDT AP - Italian officials have held talks with China's sovereign wealth fund in an effort to persuade Beijing to buy Italy's government bonds or invest in its companies, news reports said Tuesday.

China general's son crashes into wall of outrage (Reuters) Posted: 12 Sep 2011 11:25 PM PDT Reuters - A celebrity army general and his fast-driving son have become the target of Chinese public ire about the privileges of the political elite after the son hit and beat up a couple and then scoffed at bystanders about calling the police.

Police in China seize 100 tons of 'gutter oil' (AP) Posted: 12 Sep 2011 09:21 PM PDT AP - Chinese police have detained 32 people in a nationwide crackdown on "gutter oil," or old kitchen oil that has been illegally recycled, authorities said Tuesday.

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