Yahoo! News: World - China

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• Giant Vale ship gets China port OK (Reuters)
• China jails six for selling chemical-tainted pork (Reuters)
• Afghanistan, China sign first oil contract (AP)
• China blames 54 officials for bullet train crash (AP)
• China slams Railways Ministry over deadly crash (Reuters)
• U.S. says China not currency manipulator; chides Japan (Reuters)
• China says Taiwan's opposition a threat to peace (Reuters)
• Analysis: China needs new policy course as capital tide turns (Reuters)

Giant Vale ship gets China port OK (Reuters) Posted: 28 Dec 2011 12:16 PM PST Reuters - Brazil mining company Vale has docked one of its giant iron ore vessels in China for the first time, ending a year-long impasse with Chinese authorities that threatened to hobble the company's plan to cut shipping costs to its biggest market.

China jails six for selling chemical-tainted pork (Reuters) Posted: 28 Dec 2011 10:27 AM PST Reuters - A Chinese court has jailed six people for producing and selling chemical-tainted pork, state media said on Wednesday, the latest ruling in a food safety scandal.

Afghanistan, China sign first oil contract (AP) Posted: 28 Dec 2011 07:22 AM PST AP - Afghanistan's government signed a deal Wednesday with China's state-owned National Petroleum Corporation, allowing it to become the first foreign company to exploit the country's oil and natural gas reserves.

China blames 54 officials for bullet train crash (AP) Posted: 28 Dec 2011 06:37 AM PST AP - A long-awaited government report said design flaws and sloppy management caused a bullet train crash in July that killed 40 people and triggered a public outcry over the dangers of China's showcase transportation system.

China slams Railways Ministry over deadly crash (Reuters) Posted: 28 Dec 2011 05:39 AM PST Reuters - China's cabinet criticized the powerful Railways Ministry on Wednesday for lax safety standards and poor handling of a crash in July which killed 40 people, and said there may be prosecutions though it remained committed to high-speed rail.

U.S. says China not currency manipulator; chides Japan (Reuters) Posted: 27 Dec 2011 11:50 PM PST Reuters - The U.S. Treasury again shied away from labeling China a currency manipulator on Tuesday, but it rapped the country for not moving quickly enough on exchange rate reforms.

China says Taiwan's opposition a threat to peace (Reuters) Posted: 27 Dec 2011 11:47 PM PST Reuters - China warned Taiwan's pro-independence Democratic Progressive Party on Wednesday that its stance on relations with Beijing could threaten a hard-won state of peaceful coexistence, as the island's closely watched elections draw near.

Analysis: China needs new policy course as capital tide turns (Reuters) Posted: 27 Dec 2011 10:35 PM PST Reuters - China's economy has surfed for years on a crest of hefty capital inflows, but the tide that brought gains in money supply is turning as global growth slows.

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