CHINA

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China Gaining Upper Hand in Friendship with Russia

China is gaining the upper hand in its much vaunted friendship with Russia due to Beijing's shift away from relying on Moscow for advanced weapons and deep problems with energy cooperation, a report released on Monday said.

Alibaba's Ma: very interested in buying Yahoo

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Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.
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U.N. Aviation Body Meeting Opposes EU Carbon Plan - India

European Union (EU) plans to put a charge on carbon emissions from airlines are discriminatory and inconsistent with global laws, a meeting of a UN aviation body and non-EU member nations has agreed, an Indian government statement said on Friday.
An employee works on circuit boards at an electronic component factory in Hefei

China Factory Activity Quickens, Export Orders Recover

China's factory activity picked up in September for the second month in a row and export orders strengthened, offering some reassurance that the world's second-largest economy can weather the global economic turmoil.
Two Chinese terracotta warriors are shown on display at the Bower Museum in Santa Ana, California, in this publicity photo released to Reuters September 30, 2011. The warriors are part of an exhibition called ''Warriors, Tombs and Temples: China

California's Bowers Museum Opens Tombs of China

The closest one may ever come to being touched by a deity may be at southern California's Bowers Museum when Warriors, Tombs and Temples: China's Enduring Legacy opens this week showing off an ornate case that holds a bone from the Buddha's finger.
The Valero St. Charles oil refinery is seen during a tour of the refinery in Norco, Louisiana

Chad refinery venture with China suspends output

Chad's first oil refinery, a joint venture with China National Petroleum Company, has suspended production, arguing that the price agreed with Chadian authorities to supply them was driving it into heavy losses.
Workers build a pipeline for transporting natural gas

China, Tanzania sign $1 bln gas pipeline deal: report

China and Tanzania have signed a $1 billion loan agreement to build a major natural gas pipeline in east Africa's second-biggest economy, a Tanzanian newspaper quoted the country's energy minister as saying on Friday.
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Wall Street Sinks at the Open after China Data

Stock indexes fell more than 1 percent at the open on Friday, putting equities on track for their fifth straight monthly decline, as China's manufacturing shrank and stirred fears the global economy was slowing.
Shanghai's new financial district skyline is seen from the opposite side of Huang Pu river.

Chinese Private Equity Firms Set Sail Abroad

Flashed on the side of a building here in Shanghai's historic Bund district, an image shows a giant ship named Hony, setting sail from China, traveling past the Statue of Liberty, past Big Ben, and bringing home crates of golden coins.
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Gold up 1%, On Track for Biggest Quarterly Gain This Year

Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone debt crisis was far from resolved weighed on stock markets and the euro, lifting interest in bullion as an alternative.
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European Stocks Set for Worst Quarter Since 2008

European stock index futures fell Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.

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