CHINA

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China rebuffs calls for free floating RMB

The Chinese premiere characterized international pressure to allow its currency to appreciate as unfair, saying countries calling for a change were themselves embarking on “brazen trade protectionism.”

China climate goal faces test of trust

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Three little letters could spell big trouble for global climate change negotiations even after China, the world's biggest emitter of greenhouse gases, announced its first firm goals to curb emissions.
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CO2 trade pointless versus China growth-trader

Trade in permits to pollute is largely pointless when compared with the scale of growth in greenhouse gases in China and must be scaled up, one of the carbon market's most senior traders said on Monday.
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Casino party loses fizz, Sands China falls on debut

Sands China's weak debut in Hong Kong on Monday signals fading investor appetite for a casino company with a high valuation and an uncertain outlook, and cooling interest in what has been a red-hot sector.
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Taiwanese tear-jerker wins 'Chinese Oscar'

Taiwan director Leon Dai's harsh real-life drama No Puedo Vivir Sin Ti won best feature over the weekend at the Golden Horse Film Awards, regarded as the Oscars for Chinese-language movies.
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GM sees China market sales growth slowing

General Motors expects sales growth for China's auto market to drop dramatically in 2010, as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday.
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Honiton Energy hires M.Stanley for sale -sources

Honiton Energy Group has hired Morgan Stanley to advise the China-focused wind power developer on luring a new investor, in a deal that could value the entire company at up to $250 million, sources said on Monday.
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Toto shrugs off yen rise, eyes acquisition

Toto, Japan's No.1 toilet maker, expects to meet its earnings forecasts despite the yen's recent surge by capitalizing on an earlier-than-expected demand recovery in China and cost cuts, its president said on Monday.
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Sands China falls, casino party looks to be over

Sands China's weak debut in Hong Kong on Monday signals fading investor appetite for a casino company with a high valuation and an uncertain outlook, and cooling interest in what was a red-hot sector.
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Iran MPs urge government to reduce IAEA cooperation

Lawmakers urged Iran's government on Sunday to prepare a plan on reducing cooperation with the International Atomic Energy Agency (IAEA), after the U.N. body rebuked Tehran for secretly building a uranium enrichment plant.
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Yuan's dollar link hurts Europe -Barroso

The yuan's link to the dollar is problematic for some sectors in the European economy, European Commission President Jose Manuel Barroso said on Sunday, ahead of a summit with Chinese leaders.
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U.S. says world analyzing China's climate goals

The White House gave a mixed reaction on Friday to China's plans to cut its carbon intensity levels, welcoming the proposal but saying the world would watch whether Beijing kept its promises to tackle climate change.
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New oil platforms, pipes to boost Iraq export

Iraq aims to install four new floating oil terminals and three new undersea oil pipelines that will boost export capacity to 8 million barrels per day from a current 1.9 million bpd, a top oil official said.

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