World - China

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  • 50,000 evacuated in south China after heavy rains

    AFP – 56 mins ago

    BEIJING (AFP) - Over 50,000 people were evacuated in south China after the heaviest rains in years led to flooding and swollen rivers in recent days, state media reported.

  • China fund to buy $1.5 bln stake in Canadian miner

    AFP – 2 hrs 25 mins ago

    BEIJING (AFP) - China's sovereign wealth fund said it would buy 1.5 billion dollars worth of shares of the Canadian mining company Teck Resources Ltd.

  • China cenbank chief warns of risks in stimulus push

    Reuters – 2 hrs 58 mins ago

    BEIJING (Reuters) - China's massive economic stimulus plan has launched some projects that are wasteful, possibly making it hard for investors involved to repay bank loans, China's central bank chief said Saturday.

  • Shanghai plans own "Wall Street bull": report

    Reuters – Sat Jul 4, 12:01 am ET

    BEIJING (Reuters) - Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York.

  • China Investment buying stake in Teck Resources

    AP – Fri Jul 3, 2:23 pm ET

    TORONTO - Mining company Teck Resources Ltd. said Friday it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt.

  • New bubbles rising in China property market: state media

    AFP – Fri Jul 3, 11:59 am ET

    BEIJING (AFP) - China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday.

  • Contractors blamed for Shanghai building collapse

    AFP – Fri Jul 3, 3:16 am ET

    SHANGHAI (AFP) - A Shanghai building which collapsed last week, killing a construction worker, did so because contractors had recklessly shifted the earth at its base, the city government said.

  • China says deadly bus fire was deliberately set

    AP – Fri Jul 3, 12:10 am ET

    BEIJING - A Chinese bus fire that killed 27 people and injured dozens last month was deliberately set by a man who committed suicide, state media said Friday.

  • China students upset over mandatory summer drills

    AP – Thu Jul 2, 2:10 pm ET

    BEIJING - Until last week, Alice Li's summer plans were simple: work part-time at a convenience store, study for graduate exams and go to the amusement park with friends.

  • USTR investigating reports China blocks U.S. poultry

    Reuters – Thu Jul 2, 11:18 am ET

    WASHINGTON (Reuters) - The U.S. government is concerned about industry reports that China will stop issuing import permits for chicken, a spokeswoman for the U.S. Trade Representative said Thursday.

  • PC makers voluntarily supply Web filter in China

    AP – Thu Jul 2, 8:44 am ET

    BEIJING - Several PC makers were including controversial Internet-filtering software with computers shipped in China on Thursday despite a government decision to postpone its plan to make such a step mandatory.

  • China may allow foreign firms to list: govt

    AFP – Thu Jul 2, 3:56 am ET

    BEIJING (AFP) - China may allow foreign firms with investments inside the country to list domestically, as part of efforts to boost trader confidence during the global downturn, according to an official.

  • China says Web censor plan to proceed: report

    AFP – Thu Jul 2, 2:21 am ET

    BEIJING (AFP) - Chinese authorities insisted an Internet filtering programme will go ahead despite a last-minute decision this week to postpone making it mandatory on new PCs, state media said.

  • China opposed to tariff plan in US climate bill

    AP – Thu Jul 2, 1:55 am ET

    BEIJING - China said Thursday it opposed part of a landmark U.S. bill to cut greenhouse gas emissions, saying tariffs should not be imposed on countries that do not cut emissions.

  • China wants diversified global monetary system: govt

    AFP – Thu Jul 2, 1:41 am ET

    BEIJING (AFP) - China said it wanted a broader global monetary system days before President Hu Jintao was set to leave for the G8 summit, during which the issue of a new reserve currency could be raised.

  • China paper says Web filter only a matter of time

    Reuters – Wed Jul 1, 11:41 pm ET

    BEIJING (Reuters) - It is only a matter of time before a controversial scheme to install Internet filtering software on all computers begins in China, a state newspaper said on Thursday, after the plan was abruptly delayed this week.

  • Beijing to encourage foreign firms to list in China

    Reuters – Wed Jul 1, 10:31 pm ET

    BEIJING (Reuters) - The Ministry of Commerce is working with other ministries to encourage foreign-funded firms to make public share offerings in China, a senior official said on Thursday.

  • Obama to meet China's Hu at Group of Eight summit

    AFP – Wed Jul 1, 3:55 pm ET

    WASHINGTON (AFP) - US President Barack Obama will meet China's President Hu Jintao on the sidelines of the Group of Eight summit in Italy next week, a senior White House official said on Wednesday.

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