CHINA

Australian Gold Production Up 10 Percent

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A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
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General view of the Tema oil refinery near Ghana's capital Accra

Ghana Parliament Approves $3 Billion Chinese Loan

Ghana's parliament on Friday approved a $3 billion Chinese loan and the country's finance minister said the west African nation was in talks with China's Exim bank for loans worth another $6 billion, which are part of a broader Chinese package.
ina battling the bulge

Fat camp shows China battling the bulge

On the grounds of the Bodyworks weight loss campus in Beijing, 30 tubby men and women sweat profusely, gasping for air as they pound the treadmills in an exercise room.
Strategic and political issues at US-China talks

China denounces U.S. report, defends military upgrade

China denounced on Friday a Pentagon report that warned its military modernization could destabilize the region, saying the U.S. military's annual assessment of Beijing's armed forces indulged in exaggeration and groundless suspicion.
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China's Shaanxi Coal plans $2.7 bln IPO

Shaanxi Coal Industry plans an initial public offering in Shanghai to raise as much as 17.3 billion yuan ($2.7 billion) in what could be mainland China's biggest IPO this year.
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Joint U.S.-China operation busts child porn ring

A joint U.S.-China police operation has cracked a Chinese-language child pornography ring in New York, Chinese police said, an unusual public example of cooperation between the countries' law enforcement agencies.
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China says ConocoPhillips to pay for Bohai oil spill

An oil spill by a subsidiary of ConocoPhillips has polluted 5,500 square kilometres of water in China's northern Bohai Bay, China's marine authorities and state media said on Friday, adding the company will have to pay for the spill.
Chinese Yuan

China plans to mop up bank liquidity

China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation.
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VW group to sell more than 2 mln cars in China in 2011

Volkswagen AG (VOWG_p.DE) plans to sell more than 2 million vehicles this year in China, its single biggest market, it said on Friday after celebrating the 20th anniversary of the founding of a joint venture with China's First Automotive Works (FAW).
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China invests $199 billion for urban rail through 2015

China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.
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Lion to launch China's first oil & gas QDII fund

China's Lion Fund Management Co will launch next week the country's first mutual fund that invests in overseas oil and gas-related assets, as Chinese money managers step up innovation to woo investors haunted by inflation concerns.
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China to publish new yuan investment rules soon

China will publish rules as early as next month to allow offshore yuan to be invested in the mainland's capital markets under a new scheme, the Shanghai Securities News reported on Friday, citing people close to the securities regulator.
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Guinea, China in talks over bauxite mine, refinery

Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
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Energy hunger lifts China Shenhua H1 profit

China Shenhua Energy Co Ltd , the country's largest coal producer, posted a 16.5 percent increase in first-half profit, buoyed by rising sales volume on the back of rising energy demand in the world's second-largest economy.
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China province raises taxi fares after strikes

The booming eastern Chinese province of Zhejiang has ordered a rise in taxi fares in cities and counties with underpriced cabs following a wave of strikes by drivers demanding higher wages, state news agency Xinhua said on Friday.
Tripoli prays for peace as rebels hunt Gaddafi

Tripoli prays for peace as rebels hunt Gaddafi

The people of Tripoli ventured out to mosques on Friday, praying for peace and offering thanks for the fall of Muammar Gaddafi, though the Libyan capital remained locked down and dangerous as rebel fighters hunted the fugitive strongman.

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