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China warns U.S. arms sale to Taiwan to hurt ties

BEIJING (Reuters) - China reiterated Monday that the United States’ arms sales to Taiwan seriously undermines its core interests and would harm ties between Washington and Beijing. China’s Vice Foreign Minister Cui Tiankai made the comments to reporters during a briefing, weeks after the United States said it would sell $5.85 billion in military hardware to the island China calls…

China: U.S. vote on currency bill would result in trade war

BEIJING (Reuters) – China reiterated on Monday that an expected vote this week in the U.S. Senate on a bill intended to pressure Beijing to allow its currency to rise, if made into law, would result in a trade war and hurt U.S.-China ties. China’s Vice Foreign Minister Cui Tiankai made the comments to reporters…

Apple copycat ‘hiPhone 5′ comes calling in China

SHANGHAI (Reuters) – The newest version of Apple Inc’s popular iPhone has already hit the Chinese market — the fake market that is. The ‘hiPhone 5‘ is selling for as little as 200 yuan ($31) on China’s top e-commerce platform Taobao, which is owned by Alibaba Group. But one has to pay around 800 yuan for a…

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