Yahoo! News: World - China

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• Obama cautious on currency bill (Reuters)
• Senate moves toward final vote on China currency (AP)
• U.S. accuses China, India of hiding subsidy programs (Reuters)
• China games trading system with yuan policy: Obama (Reuters)
• Obama voices reservations on China sanction bill (AP)
• China currency narrowly clears Senate hurdle (Reuters)
• Reid says concerned support for China bill wavering (Reuters)
• China premier urges help for debt-laden businesses (AP)
• China web users mourn Jobs (AP)

Obama cautious on currency bill (Reuters) Posted: 06 Oct 2011 03:59 PM PDT Reuters - President Barack Obama accused China on Thursday of "gaming" international trade by keeping its currency weak, but was cautious about a bill before the Senate aimed at pressing Beijing to revalue the yuan.

Senate moves toward final vote on China currency (AP) Posted: 06 Oct 2011 01:33 PM PDT AP - The Senate on Thursday moved toward a final vote on legislation that would confront China over its practice of keeping its exports cheap by undervaluing the Chinese currency.

U.S. accuses China, India of hiding subsidy programs (Reuters) Posted: 06 Oct 2011 10:44 AM PDT Reuters - The United States on Thursday accused China of flouting World Trade Organization rules by failing to notify the world trade body of nearly 200 government subsidy programs.

China games trading system with yuan policy: Obama (Reuters) Posted: 06 Oct 2011 09:48 AM PDT Reuters - President Barack Obama said on Thursday China has been hurting the United States by manipulating its currency to help its exports, but he stopped short of backing a bill in Congress that could punish Beijing.

Obama voices reservations on China sanction bill (AP) Posted: 06 Oct 2011 09:16 AM PDT AP - President Barack Obama says China has "gamed" the trading system to its advantage but says he worries that bipartisan Senate legislation to penalize Beijing for undervaluing its currency could conflict with international agreements. Still, he did not say whether he would veto the legislation.

China currency narrowly clears Senate hurdle (Reuters) Posted: 06 Oct 2011 08:25 AM PDT Reuters - Legislation aimed at cracking down on China's currency practice narrowly cleared a major procedural hurdle on Thursday when the Senate voted 62-38 to move to final action on the bill.

Reid says concerned support for China bill wavering (Reuters) Posted: 06 Oct 2011 07:09 AM PDT Reuters - Senate Majority Leader Harry Reid expressed concern that Republican support for China currency legislation could be wavering after many voted earlier this week in favor of starting action on the bill.

China premier urges help for debt-laden businesses (AP) Posted: 06 Oct 2011 12:32 AM PDT AP - China must do more to support the small businesses that provide the bulk of new jobs but are struggling due to tight controls on credit, Premier Wen Jiabao says.

China web users mourn Jobs (AP) Posted: 05 Oct 2011 08:32 PM PDT AP - China's popular Sina web portal has created a tribute page to Steve Jobs with a banner that reads: "To live is to change the world."

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