China

• US treasury bonds still good value for China
• China cuts US Treasury bond holdings by US$4.4b
• World economists prudent on China's economic recovery
• Expert warns Rio-BHP alliance monopoly risk
• China raises tax rebates to shore up exports

• Australia welcomes Chinese investment despite failed deal: FM
• Soros says China will make swift recovery
• Market risks moving down as export rebound not seen
• Chinese economy bottoming out, but to stage U-turn recovery
• China may buy US$50b in IMF bonds, says IMF official

• China, Japan seek closer economic cooperation
• China investment is welcome: Australia
• China Construction Bank opens first branch in US
• Chinese mainland, Taiwan to deep cooperation amid global downturn
• US$39.7b allocated for infrastructure so far in 2009

• Building material costs up in April
• China a stabilizing factor for world economy, says economist
• Household income reforms unveiled
• Chinese State Councilor calls for further reform to fight crisis
• NDRC: China will meet economic growth target of 8%