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CHINA yesterday launched a trade probe on polysilicon imported from Europe, after the European Union opened similar investigations into Chinese solar products.

The Ministry of Commerce said it will look into whether European polysilicon makers have been improperly subsidized by their governments and selling products at below market prices in China, in response to complaints made by Chinese pho
CHINA'S manufacturing activities expanded in October after two months of contraction, indicating a recovery in the country's economy, a survey showed today.

The official Purchasing Managers' Index, a gauge of manufacturing activity slanted more towards state-owned firms, rose to 50.2 in October, up 0.4 point from a month earlier. It's also the first time it has climbed above 50 since July, acc
The company behind "Angry Birds'' said Wednesday it would open its first theme park in Asia next year at a site near Shanghai as it builds on the brand of the hugely popular game.
"Angry Birds Land'' will be located in Haining city in Zhejiang province, next to the commercial hub of Shanghai, and will be the firm's third theme park after one in Finland and another in Britain, AFP reports.
Australian economic relationship with China soared to new highs, growing by 53.5 per cent in 2011, a latest report said on Friday.

The latest report, PwC Melbourne Institute Asialink Index, published by PricewaterhouseCoopers (PwC) and the Melbourne Institute, released on Friday.

According to the report, Australian investment in China now amounts to about A$17 billion (almost $17.6 billion)
CHINA successfully launched another satellite into space for its indigenous global navigation and positioning network at 11:33 pm yesterday, the launch center said.

The satellite, launched from the Xichang Satellite Launch Center in the southwestern province of Sichuan, was boosted by a Long March-3C carrier rocket.

It was the 16th satellite for the Beidou system, or Compass system.

SHANGHAI'S economic growth picked up in the third quarter, signaling that its economy is bottoming out, even though it's still slightly short of the 8 percent target set for this year, data showed yesterday.

The city's gross domestic product rose 7.4 percent year on year to 1.4 trillion yuan (US$222 billion) in the first three quarters, the Shanghai Statistics Bureau said on its website.

From Yahoo! News: BEIJING (Reuters) - China and the United States avoided public sniping over maritime tensions on Wednesday, neither yielding ground over South China Sea disputes while nonetheless stressing cooperation as they both focus on political transitions. U.S. Secretary of State Hillary Clinton and Chinese Foreign Minister Yang Jiechi gave avowals of mutual goodwill after their talks, wh
Chinese manufacturers are moving to neighboring Southeast Asian nations or seriously considering moving due to rising wages and shrinking export demand, according to a foreign trade official from the Ministry of Commerce.

In the fields of textiles, garments, shoes and hats, nearly one-third of manufacturers are working" under growing pressure and have moved all or part of their production outs




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