Shades of Gandhi seen in Chinese dissident

Chen Guangcheng has always been a firm believer in improving China’s system, not overthrowing it. So the soft-spoken Chen seems an unlikely focus of a diplomatic battle between China and the United States.

But not to those who know Chen, a blind country boy who taught himself law and has refused to end a crusade against forced abortions and sterilizations despite years of jail, home imprisonment and beatings. “You couldn’t but be impressed,” said New York University law professor Jerome Cohen, who met Chen in 2003. “He was calm, highly intelligent, with an underlying determination and steeliness. He seemed a potential Gandhi figure for Chinese society.”

China allows imports of Indian basmati rice

China has finally allowed imports of basmati rice from India, which comes as a big boost to exporters who would now get access to a huge market of 1.3 billion people for their about 4.5 million tonnes of aromatic rice.

“It is a very positive move by China … We are in touch with basmati producers back home to see how to take this forward,” Indian Ambassador to China S Jaishankar told PTI.

China Lifts Ban On Net Long Yuan Positions

China has removed another major technical barrier that had hampered investors’ efforts to more freely express their views on the country’s currency, just two days after the country announced it would double the yuan’s daily trading range against the U.S. dollar. The move demonstrates an increasing level of confidence in managing a more-volatile exchange rate.

China’s foreign-exchange regulator said late Monday it has allowed participants in the onshore foreign-exchange market to hold net long positions in the yuan against foreign currencies, lifting a 6.5-year-old ban that had helped authorities rein in excessive speculation over yuan appreciation.

China company ban puts trade relations ‘at risk’

The Australian government risks damaging relations with its largest trading partner because of revelations it will not let the company building its high speed broadband network buy equipment from Chinese firm Huawei.

Senior officials from the Attorney-General’s department said last December that Huawei would not win any supply contracts with NBN Co because of national security concerns, according to the chairman of Huawei’s local board, John Lord.

China to increase fuel prices 6-7 percent

China will raise retail gasoline and diesel prices by between 6 and 7 percent from Tuesday, marking the biggest increase in 33 months, a move that will help refiners reduce heavy losses but is unlikely to hit demand in a big way.

Retail ceiling prices will rise 600 yuan ($95) per tonne, oil company officials who received official notice of the change said. After the increase, benchmark diesel will be about $1.22 per litre and 90-octane gasoline $1.17.

Flu cases hit Guangzhou, Xinjiang

Guangzhou reported nine flu outbreaks in schools since February and the Xinjiang Uygur Autonomous Region announced the resumption of morning checks in kindergartens and schools after many students suffered swine flu. More >

China cuts 2012 growth target to 7.5% from 8%

China on Monday reduced its annual growth target to an eight-year low of 7.5% for 2012 from 8% and said the priority will be to push consumer demand to cut dependence on external demand and foreign capital.

Chinese leaders and officials also revealed why they have reduced the growth target for 2012. The move shows fears about a hard landing of the economy and rising public discontent that can hamper the change of guard when the present Hu Jintao regime completes its innings later this year.

Iran ships reach Syria, China warns of war

China accused Western countries of stirring civil war in Syria and two Iranian warships docked at a Syrian naval base, underscoring rising international tensions over the near year-long crisis. More >

China’s Xi Arrives in Washington

Chinese Vice President Xi Jinping arrived in Washington Monday afternoon at the start of a four-day U.S. visit that will take him from the White House to the Midwest and California as he prepares to become China’s leader later this year. Mr. Xi arrived Monday afternoon at Andrews Air Force Base, in Maryland. A base spokesman confirmed his arrival at 3 p.m. local time.

He was scheduled to hold meetings Monday before beginning the official portion of his visit on Tuesday. He is scheduled to meet with President Barack Obama, Vice President Joe Biden and other top administration officials. On Wednesday, Mr. Xi will address a business audience in Washington before leaving to visit Iowa and Los Angeles on Thursday and Friday.

Expedia partnering with China Southern Airlines

Travelers using Expedia’s online travel services will be able to book flights on China Southern Airlines, marking a partnership between the world’s largest online travel site and Asia’s largest airline.

Expedia said it is the first time that the Guangzhou-based airline has struck a partnership with a foreign online travel site. China Southern’s fares and inventory will be a available on all full-service Expedia websites in North America, Europe and Asia.