FOREX-Yen rises as China shares fall, eyes on Fed

The yen rose against the dollar on Wednesday as Chinese shares tumbled and prompted investors to further liquidate yen short positions ahead of a policy statement from the U.S. Federal Reserve later in the day.

* China stocks fall, prompting investors to cut yen shorts

* Focus on what Fed will say about Treasuries buying scheme

* Talk of dlr/yen selling related to Treasury coupon payments >>