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BEIJING, April 11 (Xinhua) -- China here Sunday expressed concern over the situation in Thailand after Saturday's bloody clashes between the anti-government "red-shirts" and the security personnel."We show deep concern over the situation in Thailand," Chinese Foreign Ministry spokesperson Jiang Yu made the remarks in response to journalist's question.As a friendly neighbor, Jiang said, China sincerely hopes the social order in Thailand can be restored at an early date.China also hoped Thailand could realize political stability and economic development and its people could enjoy a peaceful and happy life. "Red-shirts" protesters check a damaged Thailand Army vehicle near the Democracy Monument in Bangkok, capital of Thailand, April 11, 2010. Some 20 people lost their lives during the Saturday clashes between the anti-government "red-shirts" and security personnel in Bangkok, the Erawan (or Bangkok Emergency Medical Service Center) told Xinhua Sunday afternoon. The death toll was recorded by 12:00 p.m., as at the same time some 834 people were injured, the Erawan center said.Some 20 people lost their lives during the Saturday clashes between the anti-government "red- shirts" and security personnel in capital Bangkok, the Erawan (or Bangkok Emergency Medical Service Center) told Xinhua Sunday afternoon.The death toll of 20 was recorded by 12:00 p.m., and at the same time some 834 people were injured, the Erawan center said.

BEIJING, May 28 (Xinhua) -- Lending by Chinese banks may drop to 600 billion yuan (88 billion U.S. dollars) in May as the central government winds down its stimulus program and cools the property market to prevent the economy from overheating, the Shanghai Securities News reported Friday.A fall in bank lending in May is expected after the government introduced a raft of measures to curb the skyrocketing property market in April. The measures included a ban on lending for third home purchases and increased scrutiny of developers' financing, the report said.Lu Zhengwei, an economist at Industrial Bank, estimates Chinese banks' May lending will be 450 billion yuan to 650 billion yuan, compared with 774 billion yuan in April."China has asked banks to strictly control lending to industries with overcapacity and to stop lending to new projects not in the 4-trillion-yuan stimulus package. These will be major reasons for a drop off in May lending," he said.China's banks lent 3.37 trillion yuan in the first four months of the year, about 45 percent of the government's full-year 7.5-trillion-yuan lending target.The National Bureau of Statistics is due to release major economic data for May, including new bank lending, mid-June.

BEIJING, May 21 (Xinhua) -- Chinese President Hu Jintao said Friday China would work closely with Sweden to lift bilateral ties to a new level.While meeting with Swedish King Carl XVI Gustaf in Beijing, Hu said China highly values relations with Sweden and will further promote cooperation between the two countries in the spirit of mutual respect and benefit."China and Sweden have no conflict of fundamental interests despite different national conditions, and good bilateral ties have brought tangible benefits to both peoples," said Hu.Hu also highlighted the smooth development of bilateral ties since the two countries established diplomatic relations 60 years ago.Chinese President Hu Jintao (R) meets with Swedish King Carl XVI Gustaf in Beijing, capital of China, May 21, 2010.Sweden was the first western country to forge diplomatic ties with New China.The Swedish King, who arrived in Beijing Thursday for a five-day visit to China, recalled the friendly exchanges between Sweden and China over the past 60 years, saying Hu's 2007 visit to Sweden had boosted bilateral cooperation.An innovation forum, jointly held by the two countries, will have a positive influence on cooperation in new fields between the two countries, said the Swedish King.Chinese Vice Premier Li Keqiang expressed hope the two nations would increase innovation cooperation while addressing the forum.China's innovation business has made certain achievements while Sweden is one of the world's most innovative and inventive nations, Li said.

GOTEBORG, Sweden, March 28 (Xinhua) -- China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. here Sunday to acquire the U.S. auto giant's Volvo car unit.Under the definitive stock purchase deal, Geely will own 100 percent of Volvo Cars and its related assets.The agreement was inked by Li Shufu, founder and chairman of Geely, and Lewis Booth, chief financial officer of Ford, at a ceremony at the headquarters of Volvo in Goteborg, the second largest city of Sweden. Geely Chairman Li Shufu attends a press conference after the signing ceremony in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.The ceremony was witnessed by Li Yizhong, China's minister of industry and information technology, and Maud Olofsson, Swedish deputy prime minister and minister for enterprise and energy.The agreement provides a solid foundation for Volvo to continue to build its business under Geely's ownership, said Booth at the ceremony."China, the largest car market in the world, will become Volvo's second home market. Volvo will be uniquely-positioned as a world-leading premium brand, tapping into the opportunities in the fast-growing China market," said Li.Geely has secured all necessary financing to complete the transaction, he said, adding that Geely intends to preserve Volvo Cars'existing manufacturing facilities in Sweden and Belgium, and explore opportunities to manufacture Volvo vehicles in China for the local market. Geely Chairman Li Shufu (FRONT L) shakes hands with CFO of Ford Motor Company, Lewis Booth (FRONT R) after signing a deal in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.Li promised that Geely will maintain the strong collaborative relations that Volvo has built with employees, unions, suppliers, dealers and above all, customers.Volvo Cars will eventually become a separate company with its own management team based in Goteborg and a new board of directors, he told reporters after the ceremony.Volvo, which has about 22,000 workers around the world including 16,000 in Sweden, was purchased by Ford in 1999 for about 6.4 billion dollars.But Ford has been attempting to sell Volvo since late 2008, due to its poor market performance. Geely was named as the preferred bidder for the Swedish subsidiary in October 2009.Geely, which started to manufacture cars in 1998, is a major private automaker in China, with its headquarters based in southeast China's Zhejiang province. Geely Holding Group is the parent company of Geely Automobile Holdings.Besides Ford, some other Western auto giants are also seeking buyers in China. Beijing Automotive Industry Holdings has agreed to buy some powertrain technology from General Motors Co.'s Swedish Saab unit. 

BEIJING, May 31 (Xinhua) -- A senior Chinese police officer Sunday urged public security organs at all levels to ensure public order during the upcoming Children's Day and the national college entrance examination in early June."Security measures in kindergartens and schools must be fully implemented and loopholes must be found out," said Vice Minister of Public Security Huang Ming at a video conference.A string of attacks has shocked the country over the past few months and school security has been tightened. Police nationwide have began a thorough inspection of schools and nurseries, especially private ones and those in rural and remote areas, to close security loopholes."Public security organs at all levels must work with kindergartens and schools to ensure that kids will have a safe and happy Children's Day," Huang said.Huang stressed that the permanent mechanism for the safety in kindergartens and schools should be established.He also urged police officers to clamp down on cheating activities with high-tech devices during the college entrance examination, as well as criminal behaviors that disturb the examination and its participants.