US company profits in China dropped for the second straight year in 2012, but the country remains a vital market, according to a report by American Chamber of Commerce in Shanghai on Thursday.
One question on the minds of investors, analysts and journalists during the US earnings season now in the books is: "What's going on in China?"
Investment of venture capital in Chinese companies declined significantly in 2012, the result of a chilly market for initial public oJerings of stock, according to Dow Jones VentureSource.
Growing demand has led China's yuan to overtake the Russian ruble as a currency used for global payments, according to SWIFT, a messaging system used by international banks.
Yuan takes step up as global currency
San Francisco Mayor Ed Lee says his two scheduled trips to China this spring are about spurring trade and encouraging cultural exchanges.
With a $1.6 million marketing campaign, California is gearing up for another surge in Chinese tourists this year.
Members of the American Chamber of Commerce in South China expect their investment budgets to total more than $16.5 billion over the next three years.
Two years after Best Buy Co closed all of its stores in China, one wouldn't expect that market to have much enthusiasm for the US electronics retailer.
China's 1.3 billion people celebrated the two-week long Lunar New Year holiday this month, and now 39,780 people want it to be a national holiday in the US.
Tencent Holding Ltd is seeing a shift in the demographics of the user base of its WeChat messaging application, as international users start to adopt the mobile service.
The internationalization process of the yuan has been given a major boost by the Chicago Mercantile Exchange. Currency expands its reach