CHINA

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Chinese labor policies mar African welcome

When Chinese investors bought struggling copper producer Chambishi Mining Plc, miners in this Zambian town gave them a heroes' welcome for averting its closure and for creating more jobs.

China set for more baby-step fuel price hikes

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China is all but certain to raise retail gasoline and diesel prices for a third time this year, but will not jack up rates by the more than 15 percent that would be necessary to close the gap with rallying crude costs.

Qualcomm Could Blink First in Royalty Standoff

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Faced with the possibility of losing India's leading CDMA mobile operator, wireless technology company Qualcomm could soften its negotiating stance and reduce royalty rates it charges even as it hints that fresh negotiations with other providers around the world are in the offing.
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India, South Africa, Mercosur to Pursue Trade Talks

Countries such as India, South Africa and South American Mercosur nations will continue trade negotiations following the indefinite suspension of global trade talks through the World Trade Organization.
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African Reaction to WTO Collapse Mixed

The collapse of yesterday's WTO trade talks in Geneva has resulted in mixed feelings for Africa as it faces an uncertain future of high tariffs, officials said on Tuesday.
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An Urgent Time for Global Trade

After five years and very little to show for it, global trade talks meant to reduce poverty worldwide are at a crucial point.
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Volatile prices to dim gold's glitter

High and volatile prices will continue to scare physical gold buyers in most parts of the world, but some markets such as China and Japan will remain strong, bullion dealers said.
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Microsoft Files 26 U.S. Piracy Lawsuits

Microsoft Corp. has filed 26 lawsuits accusing U.S. companies of selling pirated software, the latest move in its ramped-up efforts to boost sales by cracking down on illegal copies.
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FX risks mount for China firms as policy evolves

Chinese firms may for the first time face major currency risks in the coming year - not only because the yuan is rising but because officials are shifting more responsibility for risk from the government to companies.
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To inflate or appreciate, that's China's question

A year since China untethered the yuan from the dollar, arguments are intensifying whether to let inflation rise in order to bring about the real exchange rate appreciation needed to adjust the country's lopsided economy.
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China's Nanjing to build MG cars in Oklahoma

China's Nanjing Automobile Group, which took control of Britain's collapsed MG Rover last year, on Wednesday said it would build MG-brand cars in Oklahoma, making it the first Chinese automaker to assemble vehicles in the United States.
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Rice says powers forced to take U.N. action on Iran

U.S. Secretary of State Condoleezza Rice said Iran's refusal to accept an international incentives offer to negotiate curbs on its nuclear programme will force major powers to decide on Wednesday to deal with the Islamic Republic at the U.N. Security Council.
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Alliance Talks to Start Amid Investor Concerns

As GM, Renault-Nissan prepare to pursue “exploratory” talks about a possible alliance, GM investors are wondering whether the partnership can benefit the world largest automaker, currently in the midst of a major restructuring.
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Africa, China Forge Closer Economic Ties

Chinese Premier Wen Jiabao recently ended a seven nation tour of Africa on June 25 in a bid to improve economic, social and diplomatic ties between China and Africa.
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Pension fund holds promise

China's efforts to defuse what experts have called its pension time bomb have created a multibillion-dollar opportunity for domestic and international fund managers.
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Asian Markets End Week With Rally

Asian markets rallied for a second day Friday, recovering from a plunge Tuesday that sent stocks in the region to their lowest levels in months.
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DuPont sees faster Chinese growth

DuPont Co., the second largest U.S. chemicals maker, said its strong double-digit revenue growth in China would accelerate while it increased investment and manpower in its fastest growing market.

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