Yahoo! News: World - China

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• China peace prize honors Putin for enhanced Russia (AP)
• Exclusive: China to create $300 billion FX investment vehicle (Reuters)
• China data signals pro-growth policy shift (Reuters)
• Warning on laziness sends Chinese officials to sleep (Reuters)
• 4-nation Mekong security patrols to begin Saturday (AP)
• China inflation drops to 4.2 pct in November (AP)
• Tibetan who set self on fire in protest dies:group (AP)
• China farmer gets death penalty for poisoning milk (AP)
• Nuance, not initiative, likely in China 2012 economic plan (Reuters)
• China sentences woman to death in tainted milk case (Reuters)
• Transparency key to EU debt, China growth: Paulson (Reuters)
• Cathay flight evacuated due to smoke in cabin (AP)
• China unrest spreads to bamboo furniture factory (Reuters)

China peace prize honors Putin for enhanced Russia (AP) Posted: 09 Dec 2011 05:24 AM PST AP - Two exchange students accepted a Chinese peace prize Friday on behalf of Russian Prime Minister Vladimir Putin, who was honored for enhancing Russia's status and crushing anti-government forces in Chechnya, the prize organizers said.

Exclusive: China to create $300 billion FX investment vehicle (Reuters) Posted: 09 Dec 2011 04:29 AM PST Reuters - China's central bank plans to create a new vehicle to manage investment funds worth a total of $300 billion to improve returns on the world's largest stockpile of foreign exchange reserves, a source with knowledge of the matter told Reuters.

China data signals pro-growth policy shift (Reuters) Posted: 09 Dec 2011 03:31 AM PST Reuters - China's industrial output growth dropped in November to its slowest pace in more than two years and inflation tumbled as economic conditions deteriorated, raising expectations that Beijing will pursue a more pro-growth policy to support jobs.

Warning on laziness sends Chinese officials to sleep (Reuters) Posted: 09 Dec 2011 02:54 AM PST Reuters - Five Chinese officials have been suspended from their jobs after they were observed sleeping or reading newspapers during a video conference on stamping out laziness at work, state media reported on Friday.

4-nation Mekong security patrols to begin Saturday (AP) Posted: 09 Dec 2011 02:46 AM PST AP - China says its armed police will join Mekong River security patrols with forces from Myanmar, Laos and Thailand starting Saturday, a development likely to deepen Beijing's influence in an unstable region on its southern flank.

China inflation drops to 4.2 pct in November (AP) Posted: 09 Dec 2011 02:31 AM PST AP - China's economy is losing steam, with industrial production dropping to its slowest pace in two years last month and inflation also cooling — raising the likelihood of fresh moves to keep growth on track.

Tibetan who set self on fire in protest dies:group (AP) Posted: 09 Dec 2011 01:50 AM PST AP - A former Buddhist monk in Tibet has died from burns after he set himself on fire about a week ago, a Tibetan rights group said Friday.

China farmer gets death penalty for poisoning milk (AP) Posted: 09 Dec 2011 01:41 AM PST AP - A Chinese dairy farmer has been sentenced to death for lacing her rival's milk supply with industrial salt, causing the deaths of three young children, state media said Friday.

Nuance, not initiative, likely in China 2012 economic plan (Reuters) Posted: 09 Dec 2011 12:00 AM PST Reuters - Top Chinese leaders will likely resist pressure to declare an outright easing in monetary policy when they meet next week to decide economic priorities for 2012, the last full year of President Hu Jintao's tenure ahead of a critical leadership succession.

China sentences woman to death in tainted milk case (Reuters) Posted: 08 Dec 2011 11:54 PM PST Reuters - A Chinese court sentenced a woman to death and jailed her husband for life for lacing milk with nitrite that killed three children and made 36 sick, state media reported on Friday.

Transparency key to EU debt, China growth: Paulson (Reuters) Posted: 08 Dec 2011 10:00 PM PST Reuters - Improved transparency is Europe's quickest route to debt resolution and China's best defense against external economic shocks, former U.S. Treasury Secretary Hank Paulson says.

Cathay flight evacuated due to smoke in cabin (AP) Posted: 08 Dec 2011 09:32 PM PST AP - City and airline officials say passengers were evacuated from a Cathay Pacific Airways plane set to fly from Shanghai to Hong Kong, after smoke was seen in the jet's cabin while it was taxiing for takeoff.

China unrest spreads to bamboo furniture factory (Reuters) Posted: 08 Dec 2011 07:27 PM PST Reuters - Hundreds of Chinese workers at a bankrupt furniture factory staged a mass rally on Thursday, facing off with riot police in the latest flare-up of industrial unrest.

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