InfoAnda - China's Hu heads to G20 amid pressure over yuan, N.Korea

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Christina Hendricks is Vivienne Westwood's new muse for jewelry collection | 3 March 2011
Ireland facing tough annual budget to secure bailout | 5 December 2010
Japan's new leader vows economic, diplomacy shift | 17 September 2009

Japan, Ukraine PMs hail carbon deal | 26 March 2009

Forum Views () Forum Replies ()

Read more with google mobile : China's Hu heads to G20 amid pressure over yuan, N.Korea

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World China's Hu heads to G20 amid pressure over yuan, N.Korea AFP - Thursday, June 24 Send IM Story Print China's Hu heads to G20 amid pressure over yuan, N.Korea Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – China's President Hu Jintao left Wednesday for the Group of 20 summit in Canada where he could face new pressure over Beijing's currency controls and world efforts to rein in ally North Korea. Hu will pay a three-day state visit to Canada before attending the weekend G20 meeting in Toronto, accompanied by central bank head Zhou Xiaochuan, commerce minister Chen Deming and others, the foreign ministry said. It will be his first international appearance since the central bank at the weekend pledged further reform of the yuan and also comes after a report in May blamed North Korea for the deadly sinking of a South Korean ship. The People's Bank of China's announcement on the yuan Saturday fuelled expectations that Beijing would loosen its grip on the currency. However, Beijing has doused hopes for a large revaluation sought by trading partners such as the United States, and Hu could face calls for a further commitment to free up the currency. World leaders "are going to want more reassurance and more details on what China has in mind", said Patrick Chovanec, an economist at Tsinghua University in Beijing. "They will want reassurances that this is a genuine commitment on China's part." Critics, especially in the US, say China keeps the yuan undervalued as much as 40 percent to protect exporters, costing Americans jobs. Members of Congress -- facing mid-term elections in November -- have threatened trade sanctions against China and have pushed for action at the G20. However, China's foreign ministry warned Tuesday against bringing the yuan up at the G20. Summit participants should avoid "playing the blame game and imposing pressure" over foreign exchange rates, ministry spokesman Qin Gang said. The yuan pledge initially was seen as reducing the chances of a G20 clash but China has already triggered renewed complaints by ruling out large swings in the currency or a one-off revaluation. On Tuesday, Beijing slightly adjusted its tightly controlled yuan trading band to allow the currency to strengthen against the dollar, in the first concrete step to deliver on the flexibility promise. But on Wednesday it went the other way, setting a weaker trading level. China has also been under pressure to join efforts to punish North Korea after the rogue communist state was accused of torpedoing the South Korean warship in March, killing 46 seamen. Seoul and Washington, citing a multinational probe last month that blamed the North, are seeking a UN resolution condemning Pyongyang. China, however, has refused to denounce North Korea -- which Beijing helps sustain through trade, economic aid and diplomatic support -- issuing only mild calls for restraint and giving no indication it would support UN action. Experts say China fears siding against Kim Jong-Il's government could destabilise it, potentially leading to regime collapse and a refugee crisis on its doorstep. China's position "exposes the hypocrisy" of its calls for world peace and good-neighbourliness, security experts Bonnie Glaser and Brad Glosserman wrote in a recent analysis. This position "will only encourage North Korean provocations and jeopardise the peace and security that China and other nations in Northeast Asia seek". But China has shown it is not immune to foreign pressure, voting this month for new UN Security Council sanctions on Iran over its nuclear programme. Western nations suspect Tehran is seeking to develop nuclear weapons, which it denies. China, Iran's key trade ally, had long resisted Western calls to back punishing Tehran, advocating negotiations instead. Qin would not confirm whether a meeting with US President Barack Obama would take place at the G20 in which Obama could press his demands. Hu, meanwhile, will likely meet Japan's new Prime Minister Naoto Kan and new British Prime Minister David Cameron for the first time. Before the summit, Hu will meet Canadian Prime Minister Stephen Harper, Qin said. Recommend Send IM Story Print Related Articles Fed on sidelines, waiting for recovery to firm Reuters - 2 hours 47 minutes ago Turkish stocks weaken, Istanbul bomb stirs concern Reuters - Thursday, June 24 MTN Zambia cuts international call charges by 40% Reuters - 39 minutes ago Belarus says pays Russia $187 mln gas bill Reuters - 55 minutes ago US-BUSINESS Summary Reuters - 59 minutes ago News Search Top Stories Belarus says Russia gas debt paid, threatens transit cut French bank seeks 4.9 bln euros from Kerviel Russia cuts Belarus supplies again as 'gas war' escalates Global whaling talks collapse British pound climbs after budget, interest rate hint More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Aussie men shoot each other in buttocks 'to see if it hurts' France's richest woman moves to defuse scandal Michael Jackson's death triggers billion dollar bonanza N.Korea picks the wrong game to start live broadcasts Volvo recalls nearly 30,000 cars More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Wednesday, 23 June 2010
U.S. says Iran anxious as sanctions bite
Belarus to cut Europe-bound Russian gas deliveries
Iran says inspector ban is 'notice' to atomic watchdog
US-TECH Summary
Europeans to lobby G20 over bank levy plans
U.S. says Iran anxious as sanctions bite |
Cyprus probes weapons on Sudan-bound ship
Judge overturns Gulf deepwater drilling ban
OSCE denounces Internet restrictions in Turkey
Bees tagged to assess pesticide brain damage
U.N.'s Ban names advisory panel on Sri Lanka war |
3 NATO troops killed; bomb explodes in clinic
U.S. to target foreign websites in anti-piracy push
Obama Administration Unveils Plan To End Homelessness
Clinic bomb kills Afghan provincial health chief
Nearly 50 killed in Congo train disaster: official
Apple iPad sales hit three million
US unveils strategy to fight piracy of intellectual property
Apple says iPad sales hit 3 million mark
Google to launch music service: report
White House summons McChrystal over scathing interview
New Study Adds To Evidence Coffee Protects Against Head, Neck Cancers
Christina Aguilera, Marc Anthony Headline Michael Jackson Tribute On CBS' "Early Show"
Istanbul bus bombing kills five as Kurdish violence flares
Van Fleeing From Police Injures, Kills Pedestrians On Busy Harlem Street
Mexicans hint that draw will do against Uruguay
Witness: Polo Mogul Was Looking For Coke Before Fatal Crash
J.P. Morgan Reassigns Roles Of Three Executives
Existing Home Sales Take Surprise Dip In May
Conservative Newcomers In Runoff For GOP Senate Nomination
UN sets up Sri Lanka war crimes probe
Japan, Iceland rebuke critics at whaling talks
2 Indian Women Figure In Forbes List Of Notable Heiresses
Survey: Seniors Citizens Safer Drivers Than Teens
Indonesian court jails militants over hotel bombings
Apple says iPad sales hit 3 million |
S.Korea accuses N.Korea of 'blackmail'
U.S. to target foreign websites in anti-piracy push |
Japan coach predicts bruising match against Danes
Vietnam president praises Cambodia cooperation: state TV
Pakistan PM reverses stance on U.S. sanctions on Iran
Asian banks to weather European contagion: Moody's
Software cuts CT radiation dose in half: study |
US-ENTERTAINMENT Summary
Troubled "Footloose" movie remake gets cast together
Wellies at the ready as Glastonbury Festival turns 40
Madrid's Thyssen stages Italian Renaissance exhibition
Lady Gaga says has finished new album
Troubled Footloose movie remake gets cast together |
Uruguayan singer Jaime Roos ponders vuvuzela song |
NATO toll in Afghanistan rises to 14 in two days
Russian leader Medvedev starts first US visit
Afghan women footballers dream of World Cup
"Shark Tank" to return -- for one episode
Aussie men shoot each other in buttocks 'to see if it hurts'
Alleged drug lord Dudus Coke captured in Jamaica |
Israel launches spy satellite
Taxes up, spending cut in Britain's 'bloodbath' budget
Apple iPhone 4 has Samsung and Micron chips: report
Refugees return to shattered Kyrgyz city |
Australia may start Afghanistan pullout in 2 years
Crowds expected for new iPhone model debut Thursday
Johns Hopkins Medicine Chief Optimistic With Medicaid Expansion Proposal
Pakistani PM ignores US warning on Iran gas deal
Geithner's spending cuts warning, urges yuan float
RealNetworks cuts five percent of workforce
Japan PM seeks to quell Okinawa anger over U.S. base |
Disney To Launch Electronics, Toys Inspired By "Tron"
Nadal, Murray and Serena cruise through at Wimbledon
Large study finds no cell phone mast link to cancer
Taiwan, China to sign trade deal June 28-30: sources |
Congress Questions Defense Department About Bribes to Afghan Insurgents
3 NATO troops killed; doctor dies in clinic blast
US lawmakers target 'libel tourism'
Russian minister says unaware of tycoon oil theft |
U.S. Markets Fall On Housing Data, Slumping Energy Sector
Conde Nast puts Gourmet back on the menu
3 NATO troops killed; bomb explodes in clinic
Israel launches spy satellite |
Judge Lifts Six Month Deepwater Drilling Ban
Google Voice telecom service opens to all in US
Flood-hit dyke in south China suffers new breach |
Indonesia peaceful protesters face torture: report |
Apple iPhone 4 has Samsung and Micron chips: report
Wanted Jamaican druglord captured: police
McChrystal showed 'poor judgment': Obama
Minimum and maximum temperatures in Celsius
Apple's new iPhone approaches as iPad surprises again |
FCC OKs AT&T buy of assets from Verizon |
Apple iPhone 4 has Samsung and Micron chips: report |
Sri Lanka slams UN over war crimes probe
Shark Tank to return -- for one episode |
Bangladesh re-opens factories after rioting
Australia says could leave Afghanistan in 3 years
Large study finds no cell phone mast link to cancer |
China warns of fresh onslaught in flooded regions
Flood-hit dyke in south China suffers new breach
Nissan CEO earned 9.8 million dollars last year
Lithium market could bloom as tide goes out on oil
Bleary-eyed S.Koreans celebrate W.Cup last 16 spot
Taiwan to issue $3.75 bln government bonds in Q3
Political prisoners an 'ugly stain' on Indonesia: HRW
Seoul shares lose 0.3 pct as exporters fall
Hong Kong steps up security for democracy vote
China clamps down on online gaming market
Bomber believes N.Korea's Kim ordered ship attack
Lugano classical music gem: Martha Argerich festival
China to scrap export tax rebates on some goods
Toshiba to make motors for Ford hybrid
Indonesia peaceful protesters face torture
"Two Escobars" a timely mix of soccer, murder
PAKISTAN
Toyota's China car assembly plant remains idle
More N.Korean workers at industrial park despite row
Organic farming gains ground in China
Weird Al ponders Lady Gaga parody
DreamWorks Animation plans Good Luck Trolls movie
Lego World Cup replays score Internet hit
Polaroid photographs raise $12.5 million at NY auction
Belarus To Cut Russian Gas Supply To Europe Over Gazprom’s Unpaid Debt
"Twilight" fans camp out for days ahead of premiere
Fresco Restoration Uncovers Oldest Images Of Apostles
Sotheby's sets Manet record, auction hits target
Twilight fans camp out for days ahead of premiere |
DreamWorks Animation plans Good Luck Trolls movie |
Weird Al ponders Lady Gaga parody |
Timberlake dancer to play lead in new Footloose |
Two Escobars a timely mix of soccer, murder |
Polaroid photographs raise $12.5 million at NY auction |
Film shows life and bloody death of Iran protester |
Afghanistan backs US General McChrystal to keep job
Two German aid workers kidnapped in Darfur: UN
British pound climbs after budget, interest rate hint
Russian president to Silicon Valley: Help!
Two German aid workers abducted in Darfur
Global whaling talks collapse
Medvedev visit showcases warmer US-Russia ties
Israel launches spy satellite |
Bing spotlighting films, music, games and TV shows
Afghan leaders warn against firing Gen. McChrystal
Prince Albert of Monaco announces engagement
Egypt court sentences militant leader to death |
BP's Hayward hands over Gulf spill management
Afghan leaders warn against firing McChrystal
Monaco's Prince Albert to wed Olympic swimmer |
Algeria bar path of USA into W.Cup last 16
Afghan leaders voice strong support for McChrystal
Michael Jackson's death triggers billion dollar bonanza
Afghan police struggle ahead of U.S. pullout |
Australia may start Afghanistan pullout in 2 years
Cocaine market shifts to Europe, hurts Africa -UN |
Turkey detains 27 over Istanbul bus attack: agency |
US-TECH Summary
Congo train crash death toll rises to 76 |
Apple iPhone 4 has Samsung and Micron chips: report
Australian PM to fight shock leadership challenge
Thailand could hold elections in early 2011: minister
Myanmar restricts political activity ahead of polls
Australian PM to fight shock leadership challenge
World Bank Lending To India Touches $9.3 Billion
"The Lion King" To Hit Theaters In 3D
Passengers Held On Plane For Hours In Connecticut
Mexico Gets Involved In Immigration Law Battle
Australia PM Rudd calls leadership ballot
Opera widens lead over iPhone in mobile browsers |
Mike Lee Defeats Fellow Tea Party Conservative In Utah Senate Runoff
Pakistani forces kill 24 militants in northwest
FDA Bans 'Light' Smokes
"Glee" Reality Competition Show Canceled
Good Tech software may aid corporate iPhone sales |
Abused Kids More Prone To Migraines As Adults
"Suite Life On Deck" Finale Gives Disney Channel Strong Ratings
Russian president to Silicon Valley: Help! |
U.S.-India CEO Forum Discusses Bilateral Ties Sans Bhopal Gas Tragedy
China's Hu heads to G20 amid pressure over yuan, N.Korea
Pakistani stocks egde up in dull trade; rupee firms
China's central bank sets weaker yuan exchange rate
POSCO says no longer considering Ukraine mill buy
S.Korea buys 200 T tin ingot; seeks 200 T more
Pakistan risks IMF, other aid if tax reform fails
Asian gaming demand greater than 'five Las Vegases'
Colour lights up Milan men's catwalks
S.Korea fin min sees bigger inflation risk ahead
Jackson death triggers billion dollar bonanza
Jackson children adjusting to life in spotlight
Wood construction making comeback in Canada
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01