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China, Asia.
China's yuan currency remains "substantially undervalued" and it is in Beijing's own interest to let it appreciate more rapidly to ward off inflation risks, U.S. Treasury Secretary Timothy Geithner said on Wednesday.
Chinese box office takings surged 64 percent to $1.5 billion in 2010. Film officials say the figure still lags more developed markets and urged local filmmakers to make better movies that can compete with Hollywood blockbusters like "Avatar" and "Inception."
China's anti-pornography campaign shut down more than 60,000 pornographic websites this year, with police investigating almost 2,200 criminal cases, the state-run Xinhua news agency reported Thursday.
Facebook CEO Mark Zuckerberg toured the offices of China's top search engine Monday during a visit that has sparked speculation the social networking magnate is looking for business opportunities in the world's largest Internet market.
Japan needs to focus on the rise of China and not the Cold War threat of Russia in defining its security goals, according to new defense guidelines announced Friday.
China boosted its holdings of U.S. Treasurys to its largest position in nearly a year during October as it remained the largest foreign holder of U.S. government debt, the Treasury Department said.