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China, Asia.
China boosted its net holdings of U.S. Treasurys in May for the second month in a row, remaining the largest foreign holder, according to the Treasury International Capital report.
China accused the United States on Sunday of "grossly" interfering in its internal affairs and seriously damaging relations after President Barack Obama met exiled Tibetan spiritual leader the Dalai Lama at the White House.
China's economy slowed less sharply than expected in the second quarter and Beijing said corralling inflation remained its top priority even though a "complex and volatile" global economy clouded the outlook.
An outspoken Chinese writer and government critic has left his homeland for Germany after police repeatedly threatened him with imprisonment to prevent him from publishing any more of his controversial works overseas. Liao Yiwu arrived in Berlin two days ago at the end of a secretive journey that included transfers in the Vietnamese capital of Hanoi and Warsaw, Poland, the writer said in a phone interview with The Associated Press.
A book chronicling a Chinese tragedy under Mao has won Britain's richest nonfiction book award, the Samuel Johnson Prize. Frank Dikotter's "Mao's Great Famine" won the 20,000 pound ($32,000) award at a ceremony in London on Wednesday.