BEIJING China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year.
SHANGHAI/FRANKFURT BMW will pay 5.1 billion yuan (539 million pounds) to auto dealers in China who pressured the world's top luxury carmaker to share the cost of overstocked showrooms, BMW's main Chinese dealership group said on Monday.
BEIJING The parents of a Chinese teenager executed 18 years ago for the rape and murder of a woman he did not commit will get 2.05 million yuan (212,418 pounds) in compensation, a court and his father said on Wednesday.
SHANGHAI Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan (70.00 billion pounds), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half.
HONG KONG/BEIJING Chen Zhenggao, a member of the Communist Party's elite Central Committee, clearly has enemies. | Video
BEIJING China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan (103.06 million pounds) combating fake goods and for improving customer protection from the beginning of 2013 to the end of November, the firm said Tuesday.
BEIJING New players in China's shadow banking sector are growing rapidly despite attempts to clamp down on opaque lending, taking advantage of a regulatory anomaly to prosper but also raising the risks of a build-up of debt in the slowing economy.
HONG KONG China's Greenland Group said on Monday it plans to invest over 20 billion yuan (2 billion pounds) to build the tallest twin-tower in the capital city of South Korea, the latest massive project of the state-backed developer overseas as it speeds up expansion outside home.
BEIJING China's economic planner has approved the construction of 192 billion yuan (19.7 billion pounds) of roads and an airport in the latest government effort to increase investment and support a slowing economy.
BEIJING China's insurance regulator said on Monday it will create a new funding scheme that could funnel up to 200 billion yuan (20.4 billion pounds) of insurance company funds to support small companies and start-up firms.
The yuan charge
The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains. Document