Two weeks after Beijing warned the committee not to do so, it awarded the Nobel Peace Prize to jailed dissident Liu Xiaobo. Margaret Warner talks to Orville Schell, director of the Asia Society's Center on U.S.-China Relations, for more.

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The 2010 Nobel Peace Prize was awarded to the imprisoned Liu Xiaobo for his human rights work in China, much to the country's dismay. Angus Walker of Independent Television News reports from Beijing on the local reaction.

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In other news Thursday, two suicide bombers killed at least eight people and wounded 65 others at a Sufi Muslim shrine in Karachi. In Southern China, floodwater forced 200,000 people from their homes in the worst flooding there in 50…

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City of Asylum/Pittsburgh is a six-year-old program that provides shelter to foreign literary writers who have encountered dangers in their homeland. Watch online exclusive videos of the writers reading their work.

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Over the weekend, China flexed its economic and military power when Japan gave into demands by releasing a trawler captain. Margaret Warner examines China's growing assertiveness in the region.

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Judy Woodruff interviews Pakistani Foreign Minister Shah Mahmood Qureshi about what his country needs to help it recover from the massive floods. Qureshi addresses possible donor reluctance by saying most Pakistanis oppose militant groups, and they need relief in the…

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Shortages of food and water are still prominent in flooded areas of Pakistan, however more aid arrived from neighboring countries. An aid plane landed in Punjab from China, and Pakistan accepted $5 million aid offer India.

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In other news Wednesday, heavy rain created a mudslide down into a Chinese mountain village where 67 people were reported missing and 25 hurt. In Northern India, another mudslide killed at least 18 children when it hit a school building.

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In an effort to rid the country of unsafe, illegal and aging structures, the Chinese Ministry of Housing and Urban-Rural Development plans to demolish more than half of the country's residential buildings in the next 20 years. Illegal structures…

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As part of his ongoing reports on Making Sense of financial news, business and economics correspondent Paul Solman examines the pros and cons of a massive infusion of Chinese capital into Greece.

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