A medical tourism group from China arrived in Kaohsiung City yesterday for a nine-day trip, making it the first Chinese tour group to visit the southern Taiwan port city for health care or cosmetic surgery purposes.

President Barack Obama, visiting China today, won't persuade the Chinese authorities to accept a rapid appreciation of the yuan in 2010 as they prioritize improving the welfare system and financial markets, according to Citigroup Inc.

China WindPower Group Ltd., a Hong Kong-traded renewable energy company, said first-half profit almost doubled on increased use of the cleaner form of power on the mainland.

General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers, including the C919 narrow-body aircraft that China hopes will compete with jets made by industry giants Boeing and Airbus.

China's Commerce Ministry on Monday rebuffed calls for the yuan to appreciate, signaling resistance to change in a controversial foreign exchange policy that loomed over U.S. President Barack Obama's first visit to the Asian giant.

In his visit to Beijing this week, President Barack Obama is expected to tread lightly when pressing China to let its currency rise against the dollar.

Foreign direct investment in China rose for a third straight month in October, the government said Monday, suggesting the country's economic recovery is drawing in more foreign money after a slowdown amid the global crisis.

China on Monday accused the United States of increasing protectionism and said American calls to let the yuan rise were “unfair,” as U.S. President Barack Obama visited the Asian giant.

Coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and user of the fuel, rose for a ninth week as demand increased during winter and snowfalls affected deliveries.

Macau is driving the Asian gaming sector's comeback after it was dented by the global financial crisis last year, international credit ratings agency Moody's said in a report Monday.