SHANGHAI - A majority of US companies are bullish about China's economic outlook and will expand investment in 2012 despite rising operational costs, a new survey showed.
The reduction came as China continues to diversify its foreign-exchange reserves and indicates a growing interest in moving into euro assets.
SHANGHAI - Goodbaby Group, China's top manufacturer and retailer of baby care products, has announced an online retail partnership with the US sportswear giant Nike Inc as part of its efforts to win more brand recognition.
The EU's latest anti-dumping investigation into Chinese ceramic tableware and kitchenware may put at risk manufacturers who are already struggling to make meager profits.
China's polysilicon industry, world's biggest supplier to solar-panel manufacturers, has idled almost one-third of production and may keep the plants closed until prices recover from a 60 percent plunge.
China, the largest producer of gold, may also become the biggest consumer of the metal in 2012, overtaking India in that regard, the World Gold Council said on Thursday.
Publishers branching out but lack of translated works may spoil the plot, Zhang Yuchen in Beijing reports.
An increasing number of foreign real estate companies left Beijing last year, an occurrence that industry analysts said will not have large consequences for China's property market.
China's State Council, or the Cabinet, on Wednesday pledged to push for deeper reforms to address the country's economic problems.
China became New Zealand's largest source of imports last year as New Zealand's total foreign trade rose by 10 percent to a value of more than NZ$92 billion ($77.23 billion).
Premier Wen Jiabao vowed on Wednesday to speed up the pace of fiscal and financial reform this year to guarantee steady growth amid global and domestic uncertainties.