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May, 4, 2016

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Business > Asia > China
China auto sales rise again by more than 9  percent in January on strong SUV demand
New car sales in China rose by more than 9 percent last month as strong demand for SUVs offset a decline in sales of sedans, an industry group reported Friday.
 
A new Chinese regulation announced this week will require foreign companies and foreign-Chinese joint ventures to acquire approval before publishing content online, in the government's latest move to tighten control of the digital realm.
 
Iran's state TV says the first mainland Chinese commercial train has arrived in Tehran to revive the Silk Road -- an ancient network of trade routes running through Asia.
 
China's trade tumbles in January
HONG KONG -- China's trade tumbled in January, in a possible fresh sign of the weakness confronting the world's No. 2 economy.
 
Mainland China's central bank has pledged more than 600 billion yuan (US$91 billion) in funding support for banks to provide sufficient liquidity around the traditional Chinese New Year, when demand for cash surges.
 
Chinese overseas direct investment (ODI) rose to nearly US$120 billion last year, official data showed Wednesday, as the world's second-largest economy sought to acquire foreign technologies, expand markets and diversify energy supply.
 
Mainland China's economy cooled further in the latest quarter, dragging 2015's full-year growth to a quarter-century low and deepening a slowdown that has fueled anxiety over its impact on the global economy.
 
Mainland Chinese travelers took around 120 million outbound trips in 2015, according to government estimates, a 12 percent increase from the year before, as the country's growing middle class spends more on tourism.
 
As international markets watch anxiously, mainland China is due to release a flood of data Tuesday that are likely to show economic growth slowed in the latest quarter but still is among the world's strong.
 
Activists targeted as workers of China unite
Around a dozen police barged into Wu Rongpu's apartment in the early hours and dragged away his labor activist wife, leaving their 1-year-old daughter screaming.
 
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