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The Prime Minister is leading the largest ever trade delegation to China. But what value do these junkets really deliver?

Sean O'Grady: China will overtake America, the only question is when

Few things would be more powerfully symbolic of the shift in the balance of global economic power than to have oil traded in the Chinese renminbi rather than the American dollar.

Vermeer's Hat, By Timothy Brook

The way that Timothy Brook teases out trade routes, struggles for power and the delicate dance of international relations from an image of a hat or a china bowl is truly mesmerising. In this accessible but authoritative study, he relies on five paintings by Vermeer (and Girl with a Pearl Earring isn't one of them) for his history of the Dutch reach for global power, and shows, better than anyone I've read so far, the truly subversive power of detail – especially when it's brought to the fore instead of filling in the background.

China probes internet bootcamp after teen dies

Chinese police are investigating a bootcamp for Internet addicts after a teenage boy died, apparently following a severe beating, just hours after checking in, the official Xinhua news agency said late on Wednesday.

17 dead after building collapses in China

An unfinished factory building collapsed amid a violent thunderstorm today in northern China, killing 17 people, state media and a government official said.

Death toll in China riots rises to 192

State media reports the death toll for July 5 ethnic riots in western China has risen to 192.

Stephen King: China takes small steps towards breaking the sway of the US dollar

For nations sitting on piles of dollar assets, the fall in the dollar's value is hardly good news

Brothers, By Yu Hua

Blood-soaked scenes from China's crisis

Hamish McRae: Renminbi on the way to being the world's most important currency

Economic Life: The road to a world of multiple reserve currencies will be a bumpy one, and people will get hurt

China Witness, By Xinran

Today China speaks to the world, louder and in more mixed voices than ever before. But what of the "silent generation" of elders whose burden of loss and regret makes them all-but inaudible ghosts at the boom-time feast?

Geithner reassures Chinese their dollar assets are safe

US Treasury Secretary politely asks rulers to devalue nation's currency

China reacts angrily to US military report

China has criticised a newly released US report on Beijing's growing military power as a "gross distortion" and interference in its affairs.

John Rentoul: I love the sound of breaking china

Now, this is most enjoyable. David Cameron's stealthy acceptance of Labour's plan to impose a new 45 per cent rate of tax on incomes over £150,000 a year from April 2011 has thrown the Conservatives into a blue funk.

Games Review: My Chinese Coach

DS, Ubisoft, £19.99

Jeremy Warner: Exchange rates reignite fears of protectionism

Outlook: Exchange rate worries swept back on to the international agenda this week with a leading financier opining that the pound was "finished", various eurozone nations expressing concern over sterling's dramatic devaluation, the new US Treasury Secretary accusing the Chinese of "manipulating" their currency to prevent it appreciating against the dollar, and the Japanese hinting at renewed currency intervention to stop the yen rising any further.

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