SHANGHAI (Reuters) – China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector.
Chinese insurers are allowed to invest up to 5 percent of their total assets in [...]

BEIJING – Senior U.S. and Chinese officials met Monday to steady relations upset by disputes over currency, trade and military affairs despite calls for a tougher line on Chinese economic policies that some say are contributing to American unemployment.
With congressional elections in two months, President Barack Obama is under pressure to kick-start the economy [...]

BEIJING (AFP) – The death toll from rain-triggered landslides that hit a remote village in southwestern China rose to 24, with another 24 people still missing, state-run Xinhua news agency reported Saturday.
The landslides swept through the mountain village of Hedong near the city of Baoshan in Yunnan province late Wednesday after heavy rain, Xinhua [...]

TORONTO/HONG KONG (Reuters) – Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
In response to the directive, Sinochem is holding meetings with several banks, the source said on Friday, including Citigroup, [...]

MELBOURNE/TORONTO (Reuters) – Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion hostile offer.
The disclosure by Alberta Investment Management Corp, which manages some C$70 billion ($67 billion) in public sector pension funds, is one of the first [...]

ROSARIO, Argentina (AFP) – China beat South Africa 4-1 to get off the mark at the third attempt, England drew with South Korea, and Argentina dished out a 4-0 rout to Spain at the women's field hockey World Cup on Friday.
Jennifer Wilson had South Africa ahead early with a deflection at the right post [...]

SHANGHAI (AFP) – The European Union said it would press China on Friday to back up its words with action and do more to stem the flow of Chinese-made counterfeit goods into Europe and around the world.
European tax, customs and anti-fraud commissioner Algirdas Semeta said he would ask Chinese officials at a joint customs [...]

BEIJING (Reuters) – China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.
The Chinese government's currency reserves, the world's largest such stockpile at $2.45 trillion, are held roughly in line with [...]

WASHINGTON (Reuters) – The White House said on Thursday that President Barack Obama's top economic adviser will visit China from Saturday for three days of meetings.
The White House said in a statement that National Economic Council Director Larry Summers and Deputy National Security Adviser Thomas Donilon would travel to Beijing on September 4.
The [...]

BEIJING (AFP) – A huge traffic jam stretching at least 120 kilometres (75 miles) reappeared in northern China Thursday, with thousands of cargo trucks stuck in a bottleneck, state media said.
State television broadcast images of a long line of mostly cargo trucks inching slowly through Inner Mongolia on a major highway leading toward Beijing [...]