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CHINA CABINET

China removes Macao portation official from official duties China Economic Net
China's State Council, or cabinet, decided on Thursday to remove a senior Macao portation official from his post. Ao Man Long, Secretary for Transport and Public Works of the Macao Special Administrative Region (MSAR), was arrested by the local Commi ssion Against Corruption on Wednesday night.
U.S. to lay out China trade complaints AP via Yahoo! News
President Bush is hoping that a negotiating team crammed with administration luminaries can produce better results than previous efforts in persuading China to help restrain a burgeoning U.S.-China trade gap.
China and Taiwan: Two Chens face two systems The Christian Science Monitor via Yahoo! News
As recent corruption scandals have ensnared top politicians on both sides of the Taiwan Strait, the differences between democratically ruled Taiwan's approach to corruption and mainland China's have been on graphic display in "the tale of two Chens."
China Trip by Paulson Lifts Stakes New York Times
Pressure is mounting on Treasury Secretary Henry M. Paulson Jr. to produce results or face protectionist measures in Congress next year.
Zimbabwe's Look East policy bears fruit: official People's Daily
Zimbabwe's Look East policy is bearing fruit for some small to medium scale entrepreneurs as they have managed to clinch lucrative deals in China, a cabinet minister was quoted by The Chronicle as saying on Friday.
Pressure mounts on Paulson for results from China International Herald Tribune
The Treasury chief must navigate politics of two capitals.
China Life buys power assets in strategic move Reuters via Yahoo! Asia News
BEIJING, Dec 7 (Reuters) - China Life Insurance Co., the nation's top life insurer, will buy a $4.5 billion stake in state-run China Southern Power Grid in a deal that diversifies its investments and helps clean up the books of Guangdong Development Bank.
Asian Stocks Drop From 6-Month High, Led by Mizuho; China Falls Bloomberg.com
Dec. 8 (Bloomberg) -- Asian stocks fell from a six-month high after government reports showed Japan's machinery orders missed expectations and the nation's economy grew at less than half the pace of an initial estimate. Mizuho Financial Group Inc. and Seven & I Holdings Co. led declines.
Market access key to China piracy fight -US group Reuters via Yahoo! Asia News
BEIJING, Dec 7 (Reuters) - Huge profits, threats against enforcers, sniffer dogs and seizures -- this is not the world of organised crime, but China's booming trade in pirated movie DVDs.
‘Look East Policy bears fruit’ The Herald
THE "Look East Policy" is bearing fruit for some small to medium scale entrepreneurs as they have managed to clinch lucrative deals in China, a Cabinet Minister said in Bulawayo yesterday.

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