Yahoo! News: World - China

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• China rejects linking trade and Iranian nukes (AP)
• Report: Body paraded after China self-immolation (AP)
• Goldman sees massive upside risk in oil prices (Reuters)
• Goldman sees China becoming biggest oil importer (Reuters)
• China, South Korea hold summit on NKorea post-Kim (AP)
• China warns U.S. to be "careful" in military refocus (Reuters)
• China nudges North and South Korea to reach out (Reuters)
• China slams new Asian slant in US defense strategy (AP)
• China uses trade to influence Taiwan election (AP)
• China's central bank promises pro-growth policies (AP)

China rejects linking trade and Iranian nukes (AP) Posted: 09 Jan 2012 12:15 PM PST AP - A top Chinese diplomat on Monday rejected linking Iran's nuclear program to trade, adding to tensions with Washington on the eve of a visit by U.S. Treasury Secretary Timothy Geithner to seek support for sanctions on Tehran's oil industry.

Report: Body paraded after China self-immolation (AP) Posted: 09 Jan 2012 12:12 PM PST AP - The body of a Tibetan monk who died after setting himself on fire was paraded through the streets in northwestern China, a report said Monday, in the latest in a series of self-immolation protests against Chinese rule.

Goldman sees massive upside risk in oil prices (Reuters) Posted: 09 Jan 2012 08:54 AM PST Reuters - Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.

Goldman sees China becoming biggest oil importer (Reuters) Posted: 09 Jan 2012 08:17 AM PST Reuters - China is due to overtake the United States to become the world's biggest oil importer within a year and a half, Goldman Sachs said on Monday.

China, South Korea hold summit on NKorea post-Kim (AP) Posted: 09 Jan 2012 06:20 AM PST AP - The presidents of South Korea and China agreed Monday to work together to achieve peace and stability on the Korean peninsula, in their first summit since Kim Jong Il's death opened the chance for major changes in North Korea.

China warns U.S. to be "careful" in military refocus (Reuters) Posted: 09 Jan 2012 06:00 AM PST Reuters - China's Ministry of Defence warned the United States on Monday to be "careful in its words and actions" after announcing a defence rethink that stresses responding to China's rise by shoring up U.S. alliances and bases across Asia.

China nudges North and South Korea to reach out (Reuters) Posted: 09 Jan 2012 05:32 AM PST Reuters - Chinese President Hu Jintao on Monday nudged his visiting South Korean counterpart to seek better ties with North Korea, the official Xinhua news agency reported, ahead of meetings between envoys to discuss the North's nuclear program.

China slams new Asian slant in US defense strategy (AP) Posted: 09 Jan 2012 03:26 AM PST AP - China on Monday slammed the United States' new Asian-focused defense strategy, saying its accusations of a lack of openness in Beijing's military policy were "groundless and untrustworthy."

China uses trade to influence Taiwan election (AP) Posted: 09 Jan 2012 01:51 AM PST AP - The fish farmers on the terraced plains above Taiwan's west coast are riding a China boom, exporting tons of sweet, flaky milkfish to the mainland, thanks to import duties Beijing lowered to win over the island's voters.

China's central bank promises pro-growth policies (AP) Posted: 08 Jan 2012 09:53 PM PST AP - China's central bank is promising pro-growth conditions this year to support struggling entrepreneurs but says it will stay prudent amid complex global conditions and inflation pressures.

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