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The behavior of financial markets is often correlated, which is why Western investors look to the Dow Jones Index for leadership.

China's automotive industry has sustained robust growth despite the global economic slowdown, making the world's major automakers pay increasing attention to investing in the China market.

The Midas touch of US investment guru Warren Buffett helped energize the bank account of Shenzhen battery and electric car magnate Wang Chuanfu in the latest China rich list in Forbes Magazine, vaulting the entrepreneur 22 places up the rankings.

The World Bank yesterday revised upwards its forecast for China's growth this year - from 7.2 percent to 8.4 percent - and projected a slightly faster pace of expansion in the coming year.

In a turf war between regulatory agencies, the Ministry of Culture yesterday opened fire on the General Administration of Press and Publications, saying its decision to pull the plug on a popular online game was "an act out of bounds".