Yahoo! News: World - China

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• Republicans ask Obama to lead on China currency (Reuters)
• Obama to press Hu on yuan at November summits: Treasury (Reuters)
• Obama willing to work on China legislation: Treasury (Reuters)
• Lawmakers seek tougher stance on China trade (AP)
• Currency bill no "silver bullet": House Republican (Reuters)
• USTR says China policies "hobbling" U.S. business (Reuters)
• China sends envoy to Syria amid pressure to reform (AP)
• Penalized in China, Wal-Mart reopens Chongqing stores (Reuters)
• China considers new law better defining terrorism (AP)
• North Korea's Kim calls for nuclear talks, doubts on uranium (Reuters)
• China paper warns of "sound of cannons" in sea disputes (Reuters)
• Shanghai owners protest as developers slash prices (AP)

Republicans ask Obama to lead on China currency (Reuters) Posted: 25 Oct 2011 01:22 PM PDT Reuters - Republican lawmakers aired U.S. grievances over subsidies, piracy and other Chinese trade practices on Tuesday, but said President Barack Obama must take the lead on tackling China's exchange rate policies.

Obama to press Hu on yuan at November summits: Treasury (Reuters) Posted: 25 Oct 2011 09:02 AM PDT Reuters - President Barack Obama will press Chinese President Hu Jintao for faster action to revalue China's currency in a series of international summits in November, a top U.S. Treasury official said on Tuesday.

Obama willing to work on China legislation: Treasury (Reuters) Posted: 25 Oct 2011 07:57 AM PDT Reuters - The Obama administration is willing to work with Congress on a bill to address China currency and trade concerns but believes some provisions of pending legislation would violate international trade rules, a top U.S. Treasury official said on Tuesday.

Lawmakers seek tougher stance on China trade (AP) Posted: 25 Oct 2011 07:19 AM PDT AP - House lawmakers are urging the administration to apply more pressure on what they call China's "predatory" trading practices, but show division on whether to pass legislation punishing China for manipulating its currency.

Currency bill no "silver bullet": House Republican (Reuters) Posted: 25 Oct 2011 07:07 AM PDT Reuters - A top Republican congressman on Tuesday urged the Obama administration to tell Congress what it "should and should not do" to confront concerns about Chinese trade and currency practices blamed for U.S. job losses.

USTR says China policies "hobbling" U.S. business (Reuters) Posted: 25 Oct 2011 06:44 AM PDT Reuters - A top U.S. trade official on Tuesday criticized China for policies he said were "hobbling" American sales but did not ask for new legislative authority to confront Beijing.

China sends envoy to Syria amid pressure to reform (AP) Posted: 25 Oct 2011 03:11 AM PDT AP - China said Tuesday that it was sending an envoy to Syria after blocking a U.N. resolution earlier this month that threatened sanctions, and reiterated that it wants a political solution to the country's ongoing crisis.

Penalized in China, Wal-Mart reopens Chongqing stores (Reuters) Posted: 25 Oct 2011 03:10 AM PDT Reuters - Wal-Mart stores in the Chinese city of Chongqing reopened to surging crowds on Tuesday, two weeks after being shut down by local authorities for violating food and product standards.

China considers new law better defining terrorism (AP) Posted: 25 Oct 2011 02:40 AM PDT AP - China said Tuesday that it is considering new legislation to better define terrorism and allow for the public listing of terrorist groups, in an effort to strengthen prosecution against domestic threats and bolster Beijing's role in international cooperation.

North Korea's Kim calls for nuclear talks, doubts on uranium (Reuters) Posted: 25 Oct 2011 01:50 AM PDT Reuters - North Korea's leader Kim Jong-il told Chinese Vice Premier Li Keqiang that a stalled 2005 deal should be the basis for fresh talks about the North's nuclear program, Chinese media reported, leaving unanswered the key question of uranium enrichment.

China paper warns of "sound of cannons" in sea disputes (Reuters) Posted: 25 Oct 2011 01:46 AM PDT Reuters - One of China's most popular newspapers warned on Tuesday that nations involved in territorial disputes in the South China Sea should "mentally prepare for the sounds of cannons" if they remain at loggerheads with Beijing.

Shanghai owners protest as developers slash prices (AP) Posted: 24 Oct 2011 11:53 PM PDT AP - Property owners in Shanghai and other big Chinese cities are protesting as measures to cool the once-overheated real estate market prompt developers to slash prices.

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