The People's Republic of China | News Headlines

China to review Coca Cola bid for juice maker (AP via Yahoo! News) Coca-Cola Co. will have to submit its bid to buy a Chinese juice producer for review under China's new anti-monopoly law, state television reported, setting up the first major test of the legislation.

China to make anti-monopoly review of Coca-Cola deal (AFP via Yahoo! News) China said it will submit Coca-Cola's proposed takeover of juice producer Huiyuan to an anti-monopoly review, amid reports that rival Chinese companies would seek to block the deal.

Top-level China, India talks amid nuclear deal tension (AFP via Yahoo! News) Asian giants India and China held high-level talks on Monday amid tension over Beijing's perceived reluctance to support New Delhi's civilian nuclear ambitions.

China Eastern Mulls a Deal With Shanghai Airlines (New York Times)The president of China Eastern Airlines said on Sunday that the airline is actively considering a merger with Shanghai Airlines , its smaller rival carrier in eastern China, according to The Financial Times.

Landslide in China kills 26, destroys warehouse (AP via Yahoo! News) A landslide triggered by heavy rain killed at least 26 people in northern China on Monday, while an unknown number of others remained trapped, a state news agency reported.

China and Japan hail U.S. mortgage rescue as doubts linger (Reuters via Yahoo! News) China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, on Monday praised Washington for rescuing the ailing mortgage giants, but investors said the bailout had not ended global credit market misery.

Report: Landslide in northern China kills 26 (USA Today)The Xinhua News Agency says at least 26 people are dead after a landslide in northern China.

China tops Paralympics medals table as Pistorius eyes glory (AFP via Yahoo! News) China climbed to the top of the Paralympics medals table Monday as "Blade Runner" Oscar Pistorius prepared to make his debut and high-profile Olympian Natalie du Toit aimed for her second gold.

China and Japan hail U.S. mortgage bailout as doubts linger (Reuters via Yahoo! News) China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors harbored no illusions the bailout would end the global credit market misery.

China frets at U.S. risk after Fannie/Freddie bailout (Reuters via Yahoo! News) The U.S. Treasury's takeover of Fannie Mae and Freddie Mac is good news in the short term for China, the biggest holder of the giant mortgage lenders' debt, but Beijing's huge U.S. exposure still poses a serious risk, a prominent government researcher said on Monday.