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Manage Nestle opens milk powder factory in North China Row could end tie-up as Wahaha seeks damages Brilliance China to sell vehicles in US China Southern Airlines opens air link with Myanmar Railway helps Tibet save $23 mln of transportation costs McDonald's eyes growth of 24-hour restaurants carve out China says fake Motorola, Nokia batteries may explode Chery partners Chrysler to make cars for North America China rejects U.S.-based Carlyle's bid to buy stake in bank State investment arm will merge into new company Health firm founder jailed for bribing former state governor China orders boost in minimum wages as food prices soar Resources China's sedan exports soar 81% in 1st five months China' monetary policies to stress cautious credit, investment growth China's 2nd-half trade gap will narrow, Wei says China'China's June manufacturing pace in 4-month lows June manufacturing pace in 4-month low BoCom to create rating system to assess credit worthiness China moves toward cutting bank savings tax

Japan donates $18 mln for Indonesian rural development  JAKARTA, July 7 (Xinhua) -- The Japanese government has agreed to hand 18.64 million U.S. dollars in grant to fund several rural projects in Indonesia, the Japanese Embassy said in a statement Saturday. Under the agreement signed Friday, Japan will finance water supply projects worth 5.13 million dollars in Gunung Kidul regency in southern Java and 1.98 million dollars in impoverish provinces of East and West Nusa Tenggara, allocate 2.88 million dollars for radio broadcast in remote areas and 8.65 million for coastal fishery project. As one of Indonesia's largest donors, Japan will continue supporting developments in Indonesia, the statement said.

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