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Chinese property buyers get BMW thrown in

Chinese property buyers get BMW thrown in

The sudden downturn in China’s property market is bad news for many global companies, but luxury German carmakers stand to benefit, at least in one city. In Wenzhou, where house…

China factories eye cheaper labour overseas

China factories eye cheaper labour overseas

Frank Leung, the owner of a Hong Kong-based women’s footwear company, has flown to places he never imagined he would visit this autumn. The owner of New Wing Footwear has…

China urged to let renminbi weaken

China urged to let renminbi weaken

China should allow the renminbi to fall when other emerging market currencies are weakening, a leading government researcher has said. China’s central bank has talked about introducing more two-way volatility…

Economic Outlook: Trade balances weighed

Economic Outlook: Trade balances weighed

A raft of trade balance data will offer insight into the relative strengths of several leading economies this week, while a series of industrial production reports will shed fresh light…

China’s IT chiefs agree to tighten web clamp

The heads of China’s leading information technology companies have pledged to censor internet content more strictly as the Communist party tries to tame a boisterous online media. The chief executives…

China and US in standoff over auditors

Chinese audit firms could be barred from vetting the accounts of US-listed companies because of a regulatory stand-off that has the potential to cause a significant trade dispute. The US’s…

US takes aim at China and Russia over cyberattacks

US takes aim at China and Russia over cyberattacks

Massive cyberespionage by China and Russia poses “significant and growing threats” to American economic power and national security, US officials have charged in their most direct warning on the issue.…

BMW profits beat forecasts with China demand

BMW profits beat forecasts with China demand

BMW expects economic conditions to remain volatile until at least 2015 but reassured investors that it had made contingency plans and would react quickly in the unlikely event that the…

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