Yahoo! News: World - China

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• Chinese workers kidnapped in Egypt freed (Reuters)
• China announces $2.5B fund for small businesses (AP)
• Exclusive: U.S. accuses China of instigating plot against DuPont (Reuters)
• China rebel village takes halting democratic step (Reuters)
• China says separatists sparked violence in Sichuan (AP)
• China PMI tops forecast, hard landing fears ease (Reuters)
• China protest village readies for local elections (AP)
• China manufacturing data mixed in January (AP)
• Lawmakers urge U.S. to press China currency at WTO (Reuters)

Chinese workers kidnapped in Egypt freed (Reuters) Posted: 01 Feb 2012 04:42 AM PST Reuters - Twenty-five Chinese kidnapped in Egypt were freed on Wednesday, a day after they were taken hostage by Bedouin tribesmen, Chinese and Egyptian media reported.

China announces $2.5B fund for small businesses (AP) Posted: 01 Feb 2012 03:51 AM PST AP - China announced more help Wednesday for its struggling private business sector, unveiling a $2.5 billion fund to finance new small businesses and promising tax breaks and more lending for entrepreneurs.

Exclusive: U.S. accuses China of instigating plot against DuPont (Reuters) Posted: 01 Feb 2012 02:58 AM PST Reuters - Chinese government representatives directed a U.S. businessman to obtain valuable technology manufactured by chemical giant DuPont and U.S. authorities were seeking on Wednesday to keep him in jail ahead of his trial on charges relating to trade secret theft, prosecutors said in newly released court documents.

China rebel village takes halting democratic step (Reuters) Posted: 01 Feb 2012 02:37 AM PST Reuters - Residents of a restive village in southern China held a symbolic election on Wednesday, a small step towards grassroots rights in a centre that is now a benchmark of rural defiance against land grabs and corruption that blight villages nationwide.

China says separatists sparked violence in Sichuan (AP) Posted: 01 Feb 2012 01:54 AM PST AP - Tibetan separatists who attacked police stations with rocks and molotov cocktails sparked last week's deadly violence in Sichuan, the Chinese government said Wednesday, countering claims by rights groups that police fired on unarmed protesters.

China PMI tops forecast, hard landing fears ease (Reuters) Posted: 01 Feb 2012 12:36 AM PST Reuters - China's factory sector expanded slightly in January, confounding expectations for a contraction and supporting hopes the world's second-biggest economy will avoid a hard landing, a government purchasing managers' index showed.

China protest village readies for local elections (AP) Posted: 31 Jan 2012 11:38 PM PST AP - A village in southern China where mass protests over land disputes drove out local officials and police has begun preparing for elections to replace the ousted leaders.

China manufacturing data mixed in January (AP) Posted: 31 Jan 2012 10:18 PM PST AP - China's manufacturing sector was boosted by strong holiday season demand for food, beverages and other consumer products in January, though export demand and other indicators remained weak, according to surveys released Wednesday.

Lawmakers urge U.S. to press China currency at WTO (Reuters) Posted: 31 Jan 2012 07:45 PM PST Reuters - Two top lawmakers on Tuesday urged President Barack Obama's administration to broaden efforts to pressure China to change its currency practices by raising the issue at a World Trade Organization symposium in March.

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