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Treasury's Geithner says China needs faster yuan rise

China's yuan currency remains "substantially undervalued" and it is in Beijing's own interest to let it appreciate more rapidly to ward off inflation risks, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

 

China to unveil its own large jetliner

China to unveil its own large jetliner

Beijing, which hopes to compete with Boeing and Airbus, will show off a full-scale mockup of its 156-seat passenger plane at an air show next week. It's getting help from some well-known U.S. companies.

 

Chinese protest against Japan is small but heated

Chinese protest against Japan is small but heated

Marchers outside the Japanese Embassy in Beijing rally against the detention of a Chinese fishing crew.

Senh: Just in time for Donnie Yen's new film "Legend of the Fist: the Return of Chen Zhen," which will be released in a week or so in China.

 

China traffic jam stretching 100km enters ninth day

A massive traffic jam in China has slowed vehicles to a crawl for a ninth day near Beijing, local media say. Vehicles, mostly lorries bound for Beijing, are backed up for about 100km (62 miles) because of heavy traffic, road works and break-downs.

 

Post-attacks, Chinese schools reopen with guards

Flashing police cars guarded Beijing schools Tuesday and officers in another city were told they could shoot to kill to stop ...

 

Geithner to visit Beijing amid currency dispute

Geithner to visit Beijing amid currency dispute

Treasury Secretary Timothy Geithner will visit Beijing on Thursday for talks with a Chinese vice premier for economic affairs, ...

 

China unveils less aggressive defense budget

After nearly two decades of double-digit hikes in military spending, Beijing's announcement of a relatively modest 7.5% rise is seen as an apparent bid to assuage wary East Asia neighbors.

China announced Thursday the smallest increase in its defense budget in years, in an apparent attempt to assuage international fears that its military is growing too powerful.

 

Beijing's First Snow Of Season 'Artificially Induced' By Seeding Clouds

Beijing's First Snow Of Season 'Artificially Induced' By Seeding Clouds

Chinese meteorologists covered Beijing in snow Sunday after seeding clouds to bring winter weather to the capital in an effort to combat a lingering drought, state media reported.

 

China's 8.9% Growth? No Way

Beijing has spent its way to a sugar high. Since last November, Beijing has spent perhaps as much as $900 billion--from its own funds as well as those of the larger state banks--to jump start its $4.3 trillion economy. No government can disburse that amount of cash without creating some economic activity.

 

Mending Fences for 2 Asian Leaders

The North Korean leader, Kim Jong-il, held talks with Prime Minister Wen Jiabao of China as his government tried to mend ties with Beijing.

 

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