New Delhi, Apr 25 : China earned 82.5 billion dollars from nearly two trillion dollars in foreign exchange reserves last year, and is now the fifth largest holder of gold in the world.

Hu Xiaolian, head o9f the State Administration of Foreign Exchange (SAFE), said on Friday that the 82.5 billion dollars return was an increase of 8 percent on the year before, and dismissed foreign media reports that China had lost "tens of billions of dollars" on the value of its reserves during the economic crisis.

Taipei - Taiwan's top negotiator Chiang Pin-kung travelled to Nanjing, China Saturday for talks in Beijing on economic and judicial cooperation across the Taiwan Strait. "During the talks, we will stick to the interests of Taiwan and its public, and sign three agreements on joint efforts to fight crime, financial cooperation and regular flight service," Chiang said before the trip.

The two sides would also issue a joint statement on Chinese investment in Taiwan, he said.

New Delhi, April

Beijing - A Chinese maker of aluminium extrusion products is on track to raise some 1.6 billion dollars in this year's largest initial public offering (IPO), a news report said Friday.

The international tranche of the IPO by China Zhongwang Holdings was heavily oversubscribed, with one investor alone bidding for shares valued at 200 million dollars, the Hong Kong-based Standard newspaper said.

Beijing - At least 10 people died and 15 were injured, eight of them seriously, after a roof

Taipei - Taiwan President Ma Ying-jeou said Friday that the up-coming Taipei-Beijing dialogue is intended to build mutual trust and is vital for Taiwan's survival.

Ma made the remark while receiving the Taiwan delegation ahead of the talks to be held in Nanjing, China, Friday through Saturday.

Ma said that in the past 11 months since he took office, Taiwan's Straits Exchange Foundation (SEF) and China's Association for Relations across the Taiwan Straits
(ARATS) have been building mutual trust.