Chinese telecoms giant Huawei will launch a new smartphone on Tuesday to better compete with high-end rivals like Apple and Samsung overseas, a company official said.

China's economy will become twice as big as that of the United States and larger than both the U.S. and the EU combined within just 17 years, according to one of China's leading economists.

China's manufacturing activity shrank more than first reported in May, HSBC said Monday, confirming the first contraction in seven months.

The force behind China's biggest takeover of an American company is a 71-year-old meat-packing entrepreneur, dubbed “China's Chief Butcher” by the press, who built an empire on his country's voracious appetite for pork.

Shuanghui International Holdings Ltd.'s US$4.7 billion deal for Smithfield Foods Inc. has injected life back into Asian M&A, and helped Morgan Stanley to claim the top slot in the advisory league table in the Asia-Pacific region as the mid-year benchmark approaches.

China launched an anti-dumping probe Friday into chemical imports from the European Union and United States, the government said, amid heightened trade tensions between the giant economies.

More European companies are planning further investment in China, the European Union Chamber of Commerce in China said on Thursday.

Growth in China and other major emerging economies should be robust and outperform developed countries, the OECD said Wednesday, although it trimmed its forecasts for this year and next.

The International Monetary Fund on Wednesday cut its growth forecast for China in 2013 to “around 7.75 percent,” down from its earlier forecast of 8.0 percent, citing a sluggish global recovery which hurt exports.

China is slowing down but that's not the alarming part. The Chinese government has telegraphed for a while that it wants to rein in an economy that was growing too fast. The issue that now worries many China watchers is the amount of credit unleashed.