China says it is not the origin of the global swine flu outbreak

China Beijing, Apr. 30 : The Chinese government has rejected as "groundless" foreign reports labeling the country as the origin of the swine flu outbreak.

According to the reports, dead pigs found in Fuqing, Fujian province, might be the source of the outbreak in Mexico, but China’s Ministry of Agriculture (MOA) said the pigs died of swine dysentery and dropsy.

It said China has not exported live pigs to Mexico or the United States, so the country can''t be the origin of the deadly disease.

No human cases of swine flu have been found in China, nor has the virus been found in pigs, the China Daily quoted the ministry as saying.

Shanghai shares follow global surge with 2.8-per-cent rise

China's main stock marketBeijing - China's main stock market index leapt by 2.78 p

China, Peru sign free trade agreement

China, Peru sign free trade agreement Beijing - China and Peru on Tuesday signed a free trade agreement (FTA) that the Chinese government hailed as an "important signal" of closer international cooperation amid the global financial crisis. "With the global financial crisis looming, the China-Peru deal sends a positive message of deepening cooperation and tiding over difficulties," state media quoted Chinese Commerce Ministry official Zhu Hong as saying.

China protests Vietnam's 'illegal' governor of disputed islands

China protests Vietnam's 'illegal' governor of disputed islands Beijing - China on Tuesday protested Vietnam's "illegal" appointment of a governor for the disputed Xisha islands in the South China Sea. "China has indisputable sovereignty over the Xisha islands and their adjacent waters," foreign ministry spokeswoman Jiang Yu said in a statement.

Vietnam's April 25 appointment of a chairman of a People's Committee for the islands - also known internationally as the Paracels, and in Vietnam as the Huyen dao Hoang Sa - was "illegal and invalid," Jiang said.

Allianz, American Express sell shares in Chinese bank

Allianz, American Express sell shares in Chinese bank Beijing  - Germany's Allianz Group and US-based American Express have sold shares valued at up to 2 billion dollars in China's biggest commercial bank, the Industrial and Commercial Bank of China (ICBC), the companies said on Tuesday.

Allianz said it had sold 3.216 billion shares, or half of its stake in ICBC, to "a select group of investors through a private sale."

China suspends pork imports from Mexico, US states

China suspends pork imports from Mexico, US states Beijing - China suspended imports of pigs and pork products from Mexico and three US states Monday, following the death of at least 20 Mexicans from an outbreak of swine flu. The agriculture ministry and China's quality watchdog issued a joint notice suspending all imports of live pigs or products containing pork from Mexico and the US states of Texas, California and Kansas.

In another emergency notice issued Sunday, the health ministry reassured the public that there is no evidence to suggest people can contract swine flu by eating pork.