Yahoo! News: World - China

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• Pakistan pushes back against U.S. charges, woos China (Reuters)
• Senate to take up China currency bill next week (Reuters)
• Subway trains crash in Shanghai, injuring hundreds (AP)
• Why China's response to US arms sales to Taiwan is so muted (The Christian Science Monitor)
• Insight: Blunt talk from China ex-premier stirs reform pot (Reuters)
• US ambassador to Beijing admired, reviled (AP)
• S&P sees liquidity strain for China developers (Reuters)
• China orders tighter controls on rare earths (AP)
• China scales back military ties with US over F-16s (AP)

Pakistan pushes back against U.S. charges, woos China (Reuters) Posted: 27 Sep 2011 02:43 PM PDT Reuters - Pakistan warned the United States on Tuesday to stop accusing it of playing a double game with Islamist militants and heaped praise on "all-weather friend" China.

Senate to take up China currency bill next week (Reuters) Posted: 27 Sep 2011 01:50 PM PDT Reuters - Senate plans to vote next week on legislation to crack down on China's currency practices, despite concerns that could heighten trade tensions and further threaten global economic growth.

Subway trains crash in Shanghai, injuring hundreds (AP) Posted: 27 Sep 2011 01:24 PM PDT AP - A Shanghai subway train crashed into a stopped train during a signal failure Tuesday, injuring more than 270 people in the latest trouble for the newly expanded transportation system in China's commercial center.

Why China's response to US arms sales to Taiwan is so muted (The Christian Science Monitor) Posted: 27 Sep 2011 05:22 AM PDT The Christian Science Monitor - A week after Washington announced a multimillion dollar arms sale to Taiwan, the Chinese government appears unwilling to do much more about it than issue fierce rhetorical protests, according to political analysts here, in an effort to not disrupt ties with the US ahead of a major shift in China's leadership.

Insight: Blunt talk from China ex-premier stirs reform pot (Reuters) Posted: 27 Sep 2011 03:25 AM PDT Reuters - Crumbling flood dykes in China decried as "tofu dregs" built by "parasites." Erring bankers lashed as "half-wits" and crime "accomplices." Special hotels for Communist Party elite dismissed as wasteful piles of "golden splendor."

US ambassador to Beijing admired, reviled (AP) Posted: 27 Sep 2011 01:49 AM PDT AP - Gary Locke has been praised for his down-to-earth manner since becoming the first Chinese-American ambassador to Beijing. He's also been denounced as a showboater, a neocolonialist tool and a traitor to the Chinese race.

S&P sees liquidity strain for China developers (Reuters) Posted: 27 Sep 2011 01:06 AM PDT Reuters - China's property developers are facing increasing liquidity pressure over the next six to 12 months and tightening credit conditions may see some cut prices, Standard and Poor's said on Tuesday.

China orders tighter controls on rare earths (AP) Posted: 26 Sep 2011 08:18 PM PDT AP - China's Ministry of Land and Resources has ordered a further tightening of controls on strategically vital rare earths used in advanced manufacturing, for the sake of what it says is "sustainable and healthy development."

China scales back military ties with US over F-16s (AP) Posted: 26 Sep 2011 06:05 PM PDT AP - China plans to cancel or postpone some U.S.-China military exchanges after Washington last week announced it would upgrade Taiwan's fleet of F-16 fighter jets, a senior U.S. official said.

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