| Booming China auto industry faces over-capacity
(AFP) |
AFP - China should end preferential policies for automotive companies in order to curb over-capacity in an industry where sales jumped 55 percent in August, a government official said.
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| Southwest China landslide toll rises to 24
(AFP) |
AFP - The death toll from rain-triggered landslides that hit a remote village in southwestern China rose to 24, with another 24 people still missing, state-run Xinhua news agency reported Saturday.
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| China halts loans to firms that break environment rules
(AFP) |
AFP - China has ordered banks to stop new lending to companies that pollute excessively or consume too much energy, as part of a drive to make its economy more energy efficient, state media said Saturday.
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| EU presses China to step up fight against fakes
(AFP) |
AFP - The European Union pressed China on Friday to back up its words with action and do more to stem the flow of Chinese-made counterfeit goods into Europe and around the world.
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| At least 26 killed in vehicle accidents in China
(AFP) |
AFP - At least 26 people were killed in separate vehicle accidents in northeastern China on Friday, state media reported.
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| Thousands of trucks stuck in China traffic jam
(AP) |
AP - Thousands of coal trucks and other vehicles were backed up for miles on a highway in northern China on Friday, the latest in a series of monster traffic jams that have plagued the overloaded road since construction began on a parallel route earlier this summer.
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| China orders action to cool food prices
(AP) |
AP - China has ordered local leaders to cool a surge in politically sensitive food prices by raising vegetable production amid rising tensions in poor countries over surging food costs. |
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| Heavy in dollars, China warns of depreciation
(Reuters) |
Reuters - China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.
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| China farmers under siege from wild boar invasion
(AFP) |
AFP - Farmers in eastern China are grappling with an explosion in the population of wild boars, who are destroying crops and upsetting the ecological balance, state media said on Friday.
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| Death toll in China fireworks blast jumps to 33
(AFP) |
AFP - The death toll from an explosion last month at a fireworks factory in northeastern China has leapt to 33 from a previously reported 20 dead, state media said.
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| Obama adviser Summers to visit China September 4
(Reuters) |
Reuters - The White House said on Thursday that President Barack Obama's top economic adviser will visit China from Saturday for three days of meetings. |
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| Pension fund approached on Potash bid
(AP) |
AP - The head of a major Canadian pension fund says a Chinese sovereign wealth fund is interested in making a joint-bid with a Canadian pension fund for fertilizer-maker Potash Corp. of Saskatchewan Inc. |
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