100,000+ NONPROFITS COUNT ON US.
GENEROSITY UNLEASHED: $830 MILLION IN DONATIONS
By Kevin Yao BEIJING (Reuters) - China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy. China's economy grew at its slowest pace for 13 years in 2012 and so far this year data has been weaker than expected, bringing warnings the country could miss its growth target of 7.5 percent for this year, though possibly not by much. ...
By Ivan Castro and Lomi Kriel MANAGUA/PANAMA CITY (Reuters) - For centuries since the colonization of the New World, entrepreneurs have dreamed of building a canal spanning Nicaragua to make it easier to tap Asia's riches. Sixteenth century Spanish conquistador Hernan Cortes yearned to cleave the isthmus, and ever since, French, American and Dutch financiers have all made abortive, Quixotic attempts to bisect the Central American country's volcano-studded terrain. Now it's the turn of the Chinese. And skepticism is as strong as ever. ...
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