Latest News  Sixteen children shot in China schoolyard attack  A Chinese man shot and wounded 16 young schoolchildren as they were doing their morning exercises, Xinhua news agency said on Thursday, the latest in a wave of school attacks to shock the country in r ...  Coal reliance has China facing hefty energy bill  China's already heavy reliance on coal is expected to increase further in the coming years, as more coal-fired power plants come on stream, and that reliance may prove to be more costly.  The countr ...  Taxi drivers forced to abandon protest  Shenzhen taxi drivers were forced to abandon a long-planned protest yesterday after police warned they would punish "troublemakers" who dared sabotage the opening of a major industrial exhibitiOn.  ...  Activist shows true extent of injuries  "I am definitely alive.  My eye has not popped out of its socket".  Zhijiang People's Congress delegate Lu Banglie made the remark during a meeting with reporters in Qianjiang , Hubei , where he is r ...  Revving Up the China Threat  Ever since taking office, the Bush Administration has struggled to define its stance on the most critical long-term strategic issue facing the United States: whether to view China as a future military ...  BP has greater ambitions for China than any oil major has ever dared to consider possible  Lord Browne's ambitions in China goes far beyond what western oil majors have ever achieved in one of the world's largest energy markets.  If BP gets its way, it may receive a significant stake in ...  China insists on gradual currency reforms  BEIJING -- China will loosen currency controls only gradually in order to preserve its economic stability, its finance minister said Friday ahead of a meeting with finance officials from the United St ...  China and US fail to strike textile deal  China faces an extended period of tight restrictions on textile and clothing sales to the US after the two sides failed on Thursday to strike a deal to ease the unilateral quotas imposed by the US. ...  On site mediation ordered  SHENZHEN: Shenzhen government officials have been ordered to immediately respond to mass protests in person.  By quickly and directly addressing discontented crowds, it is hoped officials can resol ...  Minsheng's share-reform plan approved　;  China Minsheng Banking Corp., China's first bank to join a program to convert State holdings into tradable stock, said Thursday it had obtained regulatory approval to proceed with the plan.  Minshe ...  CBRC chairman encourages foreign banks to expand  China Banking Regulatory Commission (CBRC) Chairman Liu Mingkang said in Chongqing on Thursday that foreign banks are performing well in China and he encouraged them to enhance cooperation with Chines ...  'Something big' is in pipeline for BP, Sinopec  Britain-based BP, Europe's largest oil company, is in regular contact with Chinese oil firms and a deal could be afoot.  "We have kept close contact with the country's major oil companies such as S ...  Baosteel renews move to prop up shares  Top steel producer Baoshan Iron & Steel Co. Ltd. (SHA: 600019) renewed a pledge Thursday that its parent would spend another US$250 million putting a floor under its shares, as the listed firm floats ...  Oil thirst from China adds fuel to trade tussle  BEIJING - China's investment appetite for the Alberta oil sands has climbed so strongly that it could be importing 400,000 barrels of oil a day from Canada within the next seven years, Natural Resourc ...  Kenya in talks with China's CNOOC over oil exploration  Kenya is negotiating with Chinese oil company CNOOC to kick-start fresh exploration of natural gas and oil explorations along the coastal strip of Lamu, which is believed to posses massive oil deposit ...  Harmony hinges on the rule of law  The Communist Party's pledges to create a "harmonious society" and achieve sustainable growth have been greeted with caution by analysts in Beijing.  When the fifth plenum of the 16th Central Commit ...  State fund chases investments  The chairman of the National Social Security Fund (NSSF) plans to invest between eight billion and 10 billion yuan to buy shares of two of the big state banks and is looking at overseas stocks, in ord ...  China's growth model is not a replay of Japan  OF all the mistakes the US is making in dealing with China's rise, the most obvious is this: Thinking we've seen this before.  Well, we haven't.  Never before has such an underdeveloped economy with ...  For Foreign Companies in China, a Rising Yuan Is Hard to Swallow  SHANGHAI, Oct. 14 - At the Parlex Corporation's factory in the western part of this city, about 500 workers are producing millions of flexible circuit boards that can be used in everything from smart ...  China's Hu calls for progress in WTO talks  Chinese President Hu Jintao called for progress in talks on freeing up global trade ahead of a crucial meeting of the World Trade Organisation (WTO) in Hong Kong in December.  Hu called on the WTO' ...  Japan's Observance Opens Wounds  The observance was central to the roiling dispute over history that has engulfed Japan and its primary wartime victims, China and South Korea.  5/8/2005 - 6:03 pm GMT  Hu Jintao Tightens Party's Grip on Power  Chinese president is emerging as an unyielding leader determined to preserve the Communist Party's monopoly on power and willing to impose new limits on speech and other civil liberties to do it.  5/8/2005 - 6:03 pm GMT  Koizumi, Hu Meet to Address Tensions   JAKARTA, Indonesia, April 23 -- Chinese President Hu Jintao urged Japan to translate its remorse over wartime atrocities into "actual action" during a much-anticipated meeting here Saturday that both sides said they hoped would ease dangerously heightened tensions between the two countries.  5/8/2005 - 6:03 pm GMT  16 Arrested in Anti-Japan Protests   BEIJING, April 26 -- Chinese authorities announced Tuesday that 16 youths had been formally arrested and 26 others temporarily jailed in connection with violent anti-Japanese protests that erupted 10 days ago in Shanghai.  5/8/2005 - 6:03 pm GMT  Short-Lived Strike Reflects Strength of Japan-China Ties   SHENZHEN, China, April 25 -- On the face of it, the 10,000 fired-up workers at Uniden Electronic Products seemed to have a lot going for them when they went on strike.  5/8/2005 - 6:03 pm GMT  Nationalists Return To Chinese Mainland   BEIJING, April 26 -- The head of Taiwan's Nationalist Party came to China for history-making talks with Communist Party officials Tuesday, the first Nationalist leader welcomed here since Mao Zedong's forces drove Chiang Kai-shek from the mainland in 1949.  5/8/2005 - 6:03 pm GMT  Brief Rise In Chinese Currency Stirs Markets   Tantalizing hints surfaced yesterday that China might be on the brink of letting its currency rise in value -- and although the evidence was tenuous, it was enough to send foreign exchange markets into a lather.  5/8/2005 - 6:03 pm GMT  U.S. Seeks Improved SE Asia Ties   The United States, building on the massive humanitarian effort after the Indian Ocean tsunami in December, plans an aggressive effort to build economic, political and security links with Southeast Asian nations, Deputy Secretary of State Robert B. Zoellick said yesterday.  5/8/2005 - 6:03 pm GMT  Historic Enemies Meet in Beijing   BEIJING, April 29 -- The leader of Taiwan's opposition Nationalist Party and Chinese President Hu Jintao met here Friday and pledged to work together to end hostilities between the Taipei and Beijing governments.  It was the highest-level meeting between the two sides since they fought a civil war six decades ago.  5/8/2005 - 6:03 pm GMT  Taiwan Proposes Peace Talks With China   TAIPEI, Taiwan, May 2 -- President Chen Shui-bian on Monday offered peace talks with Beijing, apparently seeking to regain the initiative from a political rival who is on a high-profile visit to China.  5/8/2005 - 6:03 pm GMT  Power Drain   BEIJING -- Robert Anderson thought he and his energy company had everything covered.  5/8/2005 - 6:03 pm GMT  Taiwan Nationalist Cites 'Consensus' With Chinese on Ending Hostilities   SHANGHAI, May 3 -- The leader of Taiwan's opposition Nationalist Party, wrapping up a historic visit to mainland China, said he had achieved a "fundamental consensus" with the country's Communist Party leadership to end hostilities that have enveloped the Taiwan Strait for more than half a century.  5/8/2005 - 6:03 pm GMT  In Spite of Prosecutors, Scholar May Be Deported   U.S. immigration officials are moving forward with the deportation of a former American University researcher who pleaded guilty to selling sensitive technology to the Chinese government, despite a request by federal prosecutors that she be allowed to stay.  5/8/2005 - 6:03 pm GMT  China Hosts a 2nd Taiwan Party Head   BEIJING, May 5 -- China extended its campaign to woo public opinion in Taiwan on Thursday by welcoming a second opposition party leader from the island, less than a week after hosting the leader of the opposition Nationalist Party in a historic visit.  5/8/2005 - 6:03 pm GMT  Japanese diplomats rush to China for more talks (AFP via Yahoo! News)   A senior Japanese diplomat will visit China, as Tokyo officials make a series of visits to Beijing in an effort to mend the soured bilateral ties.  10/16/2005 - 4:00 am GMT - [guid]  China readies ground for spacecraft return (Reuters via Yahoo! News)   China has scrambled helicopters, rescue teams and medics to a northern grassland area to prepare for the return of its Shenzhou VI spacecraft, expected to touch down on Monday morning, Xinhua news agency said.  10/16/2005 - 7:38 am GMT - [guid]  Snow to seek more open China markets (Reuters via Yahoo! News)   U.S. Treasury Secretary John Snow on Sunday opened talks with Chinese officials to try to win more American access to China's booming economy and to take pressure off the hot-button issue of currency reform.  10/16/2005 - 7:44 am GMT - [guid]  Britain looks to serve pig's ear of a treat to China (AFP via Yahoo! News)   Shunned by most diners in Britain, pigs' ears and other British porcine offal could soon be served up to pork-loving China for the first time, after the Asian nation gave the meat a clean bill of health.  10/16/2005 - 8:45 am GMT - [guid]  Alonso wins in China to cap huge year (Sports Illustrated)  SHANGHAI, China (AP) -- World champion Fernando Alonso won the season-ending Chinese Grand Prix on Sunday to clinch Renault's first Formula One constructors' title.  10/16/2005 - 10:01 am GMT - [guid]  US presses for dramatic financial overhaul in China (AFP via Yahoo! News)   Top US and Chinese economic leaders launched annual talks here Sunday with Washington agitating for sweeping changes to China's heavily controlled economy and financial markets.  10/16/2005 - 8:34 am GMT - [guid]  China Prepares for Return of Spacecraft (AP via Yahoo! News)   China prepared Sunday for the return of the Shenzhou 6 mission, saying the capsule was operating smoothly and its two astronauts were doing well after five days orbiting the Earth.  10/16/2005 - 9:09 am GMT - [guid]  U.S. gives China plan for a 'leap' in finance (International Herald Tribune)  The Bush administration on Sunday promoted a sweeping plan to overhaul China's financial markets and open the country to foreign banks, investment firms and insurance companies.  10/16/2005 - 9:03 am GMT - [guid]  China prepares for Shenzhou astronauts' return to Earth (USA Today)  China prepared Sunday for the return of the Shenzhou 6 mission, saying the capsule was operating smoothly and its two astronauts were doing well after five days in space.  10/16/2005 - 10:39 am GMT - [guid]  China must prepare for shocks: Snow (Reuters via Yahoo! News)   Top U.S. economic officials sought on Sunday to persuade China that opening its markets to more foreign participation will put it in better shape to absorb potential shocks.  10/16/2005 - 11:31 am GMT - [guid]