Dismal China, India data signal slowing growth

Dismal data from China and India signal a weakening of the global recovery, undermining hopes for the dynamic emerging economies of Asia to help prop up growth.

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Dismal China, India data signal slowing growth

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Chen’s flight triggers U.S.-China asylum memories

BEIJING (Reuters) – The secret flight by blind Chinese activist Chen Guangcheng from smothering home detention to what appears to be U.S. protection conjures images of the last Chinese dissident to seek shelter with the U.S. mission in China – astrophysicist Fang Lizhi. China and the United States have kept silent on Chen’s whereabouts, but a U.S.-based rights group has told Reuters that he is under U.S. protection and high-level talks regarding his status are under way. If Chen is holed up with the United States – possibly at its Beijing embassy – it could open a wound in U.S. …

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Chen’s flight triggers U.S.-China asylum memories

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Growth China’s top priority, inflation key risk-NDRC

BEIJING (Reuters) – China’s economic policy priority is to maintain relatively fast growth, but Beijing cannot lower its guard against inflation risks, the head of the country’s top planning agency, the National Development and Reform Commission, said on Sunday. “First of all, we need to maintain steady and relatively fast economic growth — development is the key for resolving all problems in China,” Zhang Ping, NDRC chief, said in a speech. …

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After UN veto, US floats coalition on Syria (AP)

AP – The United States proposed an international coalition to support Syria’s opposition Sunday after Russia and China blocked a U.N. attempt to end nearly 11 months of bloodshed, raising fears that violence will escalate. Rebel soldiers said force was now the only way to oust President Bashar Assad, while the regime vowed to press its military crackdown.

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After UN veto, US floats coalition on Syria
(AP)

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Wen says China has stake in helping Europe (Reuters)

Reuters – China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe’s importance as a market and hinting at more possible support for beleaguered exporters.

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Wen says China has stake in helping Europe
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China slowdown spreading, HSBC services PMI shows (Reuters)

Reuters – China’s services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers’ index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support.

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China slowdown spreading, HSBC services PMI shows
(Reuters)

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Foreign governments call for building new Libya (AP)

AP – Foreign governments from Britain to China hailed a new day for Libya following Moammar Gadhafi’s death and called on the new government to move swiftly to rebuild a shattered economy and restore order amid chaotic celebrations.

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Foreign governments call for building new Libya
(AP)

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China’s Hu urges unification with rival Taiwan (AP)

AP – China’s president on Sunday used the centennial of a revolution that ended imperial rule to make an appeal to further relations with Taiwan, saying they should move beyond the history that divides them and focus on common economic and cultural interests.

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China’s Hu urges unification with rival Taiwan
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Dr. Oz accused of fear-mongering on apple juice (AP)

AP – Arsenic in apple juice! Fed to babies! And it probably came from China! Television’s Dr. Mehmet Oz is under fire from the FDA and others for sounding what they say is a false alarm about the dangers of apple juice.

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Dr. Oz accused of fear-mongering on apple juice
(AP)

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China’s Wen vows to fight inflation, confident on growth (Reuters)

Reuters – China will keep monetary policy tight to contain inflation while forging ahead with structural reforms and boosting consumption to sustain long-term economic growth, Premier Wen Jiabao said on Wednesday.

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China’s Wen vows to fight inflation, confident on growth
(Reuters)

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