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China fourth-quarter GDP growth may slow to 7.2 percent, weakest since first quarter 2009


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.

BMW's China dealers say company agrees to pay $820 million subsidy

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.

05 Jan 2015

Parents of wrongfully executed teen in China to get 2.05 million yuan

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.

31 Dec 2014

China's November industrial profits suffer sharpest fall in 27 months

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.

27 Dec 2014

Special Report - Fear and retribution in Xi's corruption purge

HONG KONG/BEIJING Chen Zhenggao, a member of the Communist Party's elite Central Committee, clearly has enemies. | Video

World, Special Reports 24 Dec 2014

Alibaba spent $161 million fighting fakes since 2013

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.

23 Dec 2014

China's shadow banking adapts and grows as rules tighten

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.

22 Dec 2014

China's Greenland Group says to build two-billion-pound headquarters in Seoul

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.

22 Dec 2014

China says to build 19.7 billion pounds worth of new infrastructure

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.

15 Dec 2014

China's insurance regulator to create multi-billion dollar investment scheme for small firms

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.

15 Dec 2014

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

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