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CHINA'S Consumer Price Index, a main gauge of inflation, rose 2 percent in November, up from the previous month's 1.7 percent, the National Bureau of Statistics said yesterday.

October's figure was a 33-month low and last month's increase was the first acceleration since August.

"The November growth rate was largely attributable to a surge in food costs," said Wang Jun, an expert with the C
TUDOU, China's second-largest video website, looks set to finally list in the United States after its initial public offering plan was interrupted for more than half a year because of a divorce case involving its founder and Chief Executive Gary Wang.

Tudou aims to sell 5.6 million shares at US to US each on Nasdaq to raise as much as US0 million if over-subscription occurs, according to a ren
SHELVES stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China's version of Wal-Mart Stores Inc.

From Shanghai to Chengdu, the outlets run by China's largest big-box retailer, Sun Art Retail Group Ltd, are recreating American-style Wal-Marts, with one big difference: They're giv
Bustling Xidan Street in downtown Beijing is home to dozens of clothing stores, featuring both foreign and domestic labels.It is also testimony to the growing popularity of domestic brands. Not only are Zara and H&M full of chic teenagers, but so, too, are their Chinese competitor, MetersBonwe.Furthermore, PYE, JNBY, Ochirly, Septwolves, Lilanz and Cabeen have all witnessed growth in sales over t
Mobile equipment giant Ericcson will sue Chinese telecom firm ZTE after accusing it of infringing its patents, the Financial Times reported.

Ericcson has filed lawsuits against ZTE in the United Kingdom, Italy and Germany, saying the Chinese company has breached its patents relating to second- and third-generation wireless technologies known as GSM and WCDMA, the paper said late on Friday.
China's largest business-to-consumer website 360buy.com said on Friday it has raised a whopping .5 billion from a diverse group of investors in its latest round of financing, in preparation for an initial public offering in 2013.

360buy's latest fundraising comes at a boom time in China's e-commerce industry that is set to grow at high double digit rates over the next two years, as rising inco
Foreign certification firms are finding myriad opportunities to help Chinese exporters sell abroad

With less than two months to go, Sun Jianbo, general manager of Zhejiang Jinshan Textiles Co, is on a hectic mission to turn the company around before the New Year's Day. On a recent workday, Sun has his ear glued to the phone trying to call a host of foreign agencies to certify his fabric produc
EUROZONE exports fell in the fourth quarter for the first time in more than three years, and investment declined as the sovereign debt crisis pushed the region deeper into a recession.

Exports from the euro area shed 0.9 percent in the last three months of 2012, helping drive gross domestic product down 0.6 percent, the European Union's statistics office said in a report yesterday. Exports las

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