China moves cautiously in face of worsening slump

BEIJING (AP) — Summer should be the busy season for Shen Lin's musical instrument workshop in the southwestern city of Kunming.

Asia stocks sink amid global economic worries

BANGKOK (AP) — Asian stock markets sank Monday as Europe's debt crisis threatened to intensify again while growth in China slowed.

US panel says yuan is a threat to dollar's dominance

The yuan could threaten the US dollar's dominance as an international reserve currency an independent committee set up by the US congress has warned.