Yahoo! News: World - China

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• Wal-Mart takes controlling stake of Chinese site (AP)
• China to push fixing local government debt, housing loans (Reuters)
• Analysis: China bid to boost growth a surprise in timing only (Reuters)
• China's unofficial lending falters, savers protest (AP)
• Q+A: How closed are China's commodity futures markets? (Reuters)
• China rebukes Iran for France, UK oil ban (Reuters)
• China's urban migrants hold key to domestic demand (Reuters)
• Wal-Mart to take majority stake in China e-commerce firm (Reuters)
• Teenage Tibetan monk self-immolates, dies: rights group (Reuters)
• China paper says West stirring up civil war in Syria (Reuters)

Wal-Mart takes controlling stake of Chinese site (AP) Posted: 20 Feb 2012 10:16 AM PST AP - Wal-Mart Stores Inc. plans to buy a controlling interest in the fast-growing Chinese online retailer Yihaodian.

China to push fixing local government debt, housing loans (Reuters) Posted: 20 Feb 2012 08:37 AM PST Reuters - Defusing questionable local government debt and containing risky real estate loans are priorities at a time when the global financial crisis is deepening, China's banking regulator said on Monday.

Analysis: China bid to boost growth a surprise in timing only (Reuters) Posted: 20 Feb 2012 04:40 AM PST Reuters - Any surprise at the timing of China's move this weekend to spur bank lending may be misplaced. Instead, investors should recognize that China is determined to engineer a soft landing for the world's second-biggest economy.

China's unofficial lending falters, savers protest (AP) Posted: 20 Feb 2012 02:02 AM PST AP - Ms. Zhang, a schoolteacher in the central city of Anyang, lent $43,000 last year to entrepreneurs who couldn't get loans from state banks. Now as growth cools and Beijing cracks down on informal credit, Zhang and thousands of other small lenders are unpaid and angry.

Q+A: How closed are China's commodity futures markets? (Reuters) Posted: 20 Feb 2012 01:23 AM PST Reuters - Chinese authorities keep a tight grip on the country's commodity exchanges as part of efforts to deter speculators from driving up food and resource prices.

China rebukes Iran for France, UK oil ban (Reuters) Posted: 20 Feb 2012 01:20 AM PST Reuters - China rebuked Iran on Monday for stopping oil sales to British and French companies at the weekend, calling for renewed efforts at dialogue over an escalating stand-off over Tehran's controversial nuclear program.

China's urban migrants hold key to domestic demand (Reuters) Posted: 20 Feb 2012 12:54 AM PST Reuters - Liu Tao knows he will never be rich enough to own one of the luxury apartments in Beijing that he has been paid to decorate for more than a decade, but he's saving hard so that in another 10 years he'll have enough for a home with indoor plumbing.

Wal-Mart to take majority stake in China e-commerce firm (Reuters) Posted: 20 Feb 2012 12:08 AM PST Reuters - Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising competition in the world's fastest-growing major economy.

Teenage Tibetan monk self-immolates, dies: rights group (Reuters) Posted: 19 Feb 2012 07:38 PM PST Reuters - A teenage Tibetan Buddhist monk has set himself on fire and died in southwestern China, a rights group said, in the latest reported self-immolation by a monk denouncing Chinese policies in Tibet and demanding the return of the Dalai Lama.

China paper says West stirring up civil war in Syria (Reuters) Posted: 19 Feb 2012 07:00 PM PST Reuters - Western countries are stirring up a civil war in Syria with their wholehearted support for the opposition, a top Chinese newspaper said Monday, slamming calls for the country's leader to hand over power as an incitement to further violence.

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