China's automotive industry has sustained robust growth despite the global economic slowdown, making the world's major automakers pay increasing attention to investing in the China market.
The Midas touch of US investment guru Warren Buffett helped energize the bank account of Shenzhen battery and electric car magnate Wang Chuanfu in the latest China rich list in Forbes Magazine, vaulting the entrepreneur 22 places up the rankings.
The World Bank yesterday revised upwards its forecast for China's growth this year - from 7.2 percent to 8.4 percent - and projected a slightly faster pace of expansion in the coming year.
In a turf war between regulatory agencies, the Ministry of Culture yesterday opened fire on the General Administration of Press and Publications, saying its decision to pull the plug on a popular online game was "an act out of bounds".
Stocks traded on the ChiNext startup board in Shenzhen yesterday plunged after surging heavily on their Oct 30 debut, challenging the ability of regulators to control volatility in the new bourse.
The China Advertising Association publicly condemned 58 illegal infomercials on Sept 25 after an investigation by the State Administration of Industry and Commerce.
Cheung Kong (Holdings) Ltd Chairman Li Ka-shing is buying more shares in the property developer, the worst-performing stock this year among Hong Kong's five biggest real-estate companies.
| Name | Value | Change | Time |
| Shanghai | -0.58% | Thur | 3,250.83 |
| Shenzhen | -0.64% | Thur | 13,712.17 |
| HSI | +1.19% | Thur | 22,553.87 |
| NIKKEI | +3.84% | Thur | 9,977.67 |
| Dow | -0.18% | Wed | 10,452.68 |
| Nasdaq | +0.42% | Wed | 2,185.03 |
BIZCHINA