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China defends rare earth quotas as in line with WTO

China defended its export controls on rare earth minerals on Thursday, saying that they were in line with World Trade Organization rules, after a government move to slash export quotas on rare earths sparked trade concerns.
New Android Trojan Emerges In China

New Android Trojan Emerges In China

California-based start up Lookout Mobile Security said a new Trojan - dubbed Geinimi' - affecting Android devices has recently emerged in China and displayed botnet-like capabilities.
Vehicles are seen on a road in Beijing

China to end auto tax incentive

China's Ministry of Finance said Tuesday the country's purchase tax for passenger cars with engines of 1.6 liters or less will be set at 10 percent from Jan. 1, ending an incentive policy under which the level was 7.5%.
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China factory inflation eases, yuan hits record

Chinese inflation showed signs of cresting in a manufacturing survey on Thursday, an early indication that the government will be able to stick to its course of gradual rather than aggressive monetary tightening.
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China pledges to continue exporting rare earths

China will continue to export rare earth minerals and said its export controls were for environmental protection reasons, the Chinese Foreign Ministry said on Thursday, after a government move to cut rare earth export quotas raised fresh international trade concerns.
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China shuts over 60,000 porn websites this year

China shut down more than 60,000 pornographic websites this year, netting almost 5,000 suspects in the process, a government spokesman said on Thursday, vowing no let-up in its campaign against material deemed obscene.
South African President Jacob Zuma shakes hands with Chinese Premier Wen Jiabao at the Zhongnanhai Leaders' Compound in Beijing

Does South Africa deserve to join BRIC?

South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.
File handout photo dated November 17, 2009 shows the U.S. Navy's USS George Washington aircraft carrier participating in the ANNUALEX 21G naval exercise in the Okinawa region.

China's new missile won't block U.S., admiral says

China's new anti-ship aircraft carrier killer missile has achieved initial operational capability, but that won't affect the United States military's operations in the commercially vital South China Sea, a top U.S. military commander said.
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Bigger year for commodities in 2011? Not all agree

Amid the chorus of commodity bulls and analysts predicting more rallies in 2011, some expect steep corrections if demand destruction sets in from high prices and big consumer China gets tougher against inflation.
A South Korean Army soldier walks up steps of a guard post near the demilitarised zone separating the two Koreas.

S. Korea waves olive branch

South Korean President Lee Myung-bak was forceful, even bellicose, in speaking about North Korea on Monday. But on Wednesday, Lee struck a conciliatory note, expressing a desire for dialogue with his country's difficult neighbor to the north
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Bigger year for commods in 2011? Not all agree

Amid the chorus of commodity bulls and analysts predicting more rallies in 2011, some expect steep corrections if demand destruction sets in from high prices and big consumer China gets tougher against inflation.

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