CHINA

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In pure Arctic air, signs of China's economic boom

In the apparently pure Arctic air, a research station on a Norwegian island mountain ridge finds tiny chemical traces from factories in Russia, pesticides in Israel or China's coal-fired power plants.

APEC leaders urge speedy Doha trade deal

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Asia-Pacific leaders said on Sunday they saw real progress in world trade talks now underway in Geneva and pledged flexibility and the political will to forge a deal by the end of 2007.
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Private banks face China challenges

China's booming economy is creating more than 70 millionaires a day, but foreign banks don't have enough products, client managers or offices to tap into the market for top-end private wealth services.
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Bush and Putin engage Asia at APEC

At the Asia Pacific Economic Cooperation summit, Bush said he would consider a peace treaty with North Korea if it gave up nuclear arms.
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Microsoft says some way to go on software piracy

Microsoft Corp. said on Friday it may take decades to tackle software piracy in large emerging economies despite some recent progress and called on Asian governments to invest more in policing the practice.
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APEC moves to secure food safety, not aimed at China

Chinese President Hu Jintao said on Thursday that Beijing took product safety very seriously, as Asia Pacific ministers agreed to set up a food safety taskforce to ensure the health and safety of the region's population.
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China PR machine overwhelmed by safety crisis

China has been overwhelmed by the storm of criticism and level of interest in recent product safety problems, but it will be a good learning experience, a public relations executive said on Thursday.
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APEC rift opens over climate change debate

Leaders at an Asia-Pacific summit appeared deadlocked on Thursday over what their Sydney Declaration on climate change and cutting greenhouse gas emissions should say.
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Blackstone to buy stake in China's BlueStar: source

Blackstone Group plans to buy a 20 to 40 percent stake in chemicals company China National BlueStar (Group) Corp for up to $500 million, marking its first major investment in the world's fastest-growing major economy.
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Campbell profit below estimates

Campbell Soup Co on Thursday posted quarterly profit below analysts' estimates despite strong sales of its V8 vegetable juice, as the company overhauled its supply chain in Australia and Indonesia.
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Airbus to source more from China

European plane-maker Airbus wants to source more parts from China and grab more market share from arch-foe Boeing in a market it expects to double every five to six years.
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GM says 2007 China sales to top 1 million

General Motors Corp said on Wednesday its vehicle sales in China would exceed 1 million this year but intense competition would keep the heat on prices in the world's fastest-growing car market.
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China targets drug firms in pollution crackdown

More than half China's drug factories will have to improve their waste disposal or face shutdown under the first pollution standards for the industry to be unveiled this year, state media said on Wednesday.
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Jail threat hangs over S.Korea auto patriarch

The head of South Korea's Hyundai Motor Group, the world's sixth-largest auto maker, should hear on Thursday the result of his appeal against a 3-year jail sentence for fraud and embezzlement.
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APEC seeks to beef up food, product safety

Asia-Pacific nations are trying to map out a more robust approach to strengthening the region's food and product safety standards as ministers from the 21-member bloc opened their annual meeting on Wednesday.
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Hyping safety problem is a sickness, China says

Hyping China's food and product safety problem is a sickness in itself, the country's new health minister said on Wednesday, a day after Mattel announced a third global recall of Chinese-made toys.
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Bush says floating yuan would help balance trade

U.S. President George W. Bush said on Wednesday China could help reduce trade imbalances by floating its currency, and a White House aide said Bush may discuss the thorny issue in a meeting with Chinese President Hu Jintao.
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Mattel announces third Chinese toy recall

The world's leading toymaker, Mattel Inc, on Tuesday announced a third recall of Chinese-made toys, saying it would take back more than 800,000 units globally that contain impermissible levels of lead. In total, 522,000 U.S. toys and 322,000 outside the United States are being recalled.
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HSBC's China fund plans major expansion

HSBC Holdings Plc's Chinese fund arm aims to launch two new funds over the next year amid feverish demand for asset management services fuelled by a bullish local stock market, the venture's head said on Tuesday.
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Boeing sees China as No.2 mkt for 20 yrs

Boeing Co said on Tuesday China will remain its top market outside the United States for the next 20 years, as it vies with arch rival Airbus to supply the country's booming airline industry.

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