China does not need to follow suit with new stimulus plans to revive the economy and deal with joblessness.
Liquidity levels in the capital markets will improve and foreign exchange borrowing costs will reduce as more companies start settling cross-border trade with yuan.
The 115-year-old prestigious Oxford Dictionary will now include popular new Chinese terms like "shanzhai" "youtiao" and "fangnu".
The 26th International (Bozhou) TCM Expo started in Bozhou city, Anhui province Wednesday and finishes tomorrow.
Rapid economic development has reshaped Chinese lifestyles, and raising a pet is now a new hobby for many.
Levi Strauss & Co said it plans to open 20 Denizen outlets in China by the end of this month.
Apple Inc has unveiled a revamped series of iPod media players which go smaller, lighter and cheaper.
Sony Ericsson launched the first smartphone to support China Mobile's TD-SCDMA network on Tuesday.
Taobao.com said job openings on its employment portal will soar to 100,000 by the end of this year, from 2,600 now.
"Bill" Yao Xin, president of PPTV.com, says he planned an IPO on the day he launched the business.
China's investment environment is improving and business climate is more transparent and open.
Lenovo will go head-to-head with the big boys in the video game console market.