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Although it is still struggling with paying back debt in the West, the revived General Motors has started further expansion in the East, under a new cooperation model with its Chinese partner.

Earlier this month, General Motors Co and Shanghai Automotive Industry Corporation Group (SAIC) jointly announced that they had agreed to expand their long-time cooperation in the Asia region, outside Ch
Profits of China's major industrial enterprises in the first 11 months rose 7.8 percent from the same period a year ago, the National Bureau of Statistics (NBS) said Monday.

The growth rate was 2.9 percentage points higher than the corresponding period last year, when the global financial crisis started to weigh on the national economy.

The NBS did not provide industrial profit figures for
An official iPhone store on Taobao.com, the biggest Chinese e-commerce website and similar to eBay, has sold just two 8GB iPhones and three 16GB iPhones over two weeks, according to figures on the site.

The store began operations in the middle of November, a few weeks after China Unicom began offering the first official iPhones in China.

China Unicom is also selling iPhones through its own

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