A new oil leak was reported in northern China's Bohai Bay, the third since June.
A plan by Pfizer Inc to shed its nutrition unit, which includes the major infant formula milk maker Wyeth LLC, could shake up the market for this baby product, industry analysts said.
Chinese investors created approximately 1,500 jobs in the United Kingdom in the year ended March 31. That's twice the number for the previous year, despite a drop in the number of projects under investment, according to the government body, United Kingdom Trade and Investment (UKTI).
The US' sovereign credit rating is likely to be downgraded regardless of whether the US Congress reaches an agreement on raising its statutory debt limit, the Chinese rating agency said.
It seems more evident than ever that the Chinese economy is at a critical crossroads, with inflation soaring to the highest level in three years while other economic indicators point to a slowdown in growth.
More than 30 bullet trains were brought to a halt by a power failure on the Beijing-Shanghai high-speed railway on Tuesday.
China's foreign exchange reserves rose by a faster-than-expected 30.3 percent year-on-year by the end of June to reach $3.2 trillion, a possible indicator of an increasing inflow of "hot money", analysts said.
Sogou, the search engine unit of Chinese Internet company Sohu.com Inc is aiming to overtake Google Inc by market share in China within a year in the wake of the U.S. company's decision to pull out of the world's biggest web market.
China's labor market is expected to reach a turning point in 2013 as a result of the family planning policy and the aging population, the Allianz Group said in a recent report.
After the pressure cooker of national exams, students are making the most of the summer vacation in a variety of ways.
The Chinese rating agency Dagong Global Credit Rating Co Ltd put Italy on its "negative" watch list in a report released on Monday.
Premier Wen Jiabao told government departments to take immediate measures to support pork production and increase supplies to prevent a surge in the price of the meat, a key factor pushing up China's inflation rate.