The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.

Private equity firm Carlyle Group is the new owner of Central Plaza, an office building in Shanghai, China, acquiring it for $267 million from Forterra Trust, a Singapore-listed real estate fund.

SunTech exploring options with investors and buyers of assets. Beleaguered Chinese solar panel manufacturer Suntech Power Holdings Co Ltd is now seeking to sell off some of its assets.

AB InBev is planning of boosting capital outlays in China, acquiring breweries and expanding markets.

With new reports of avian flu outbreaks, the fragile Chinese economic recovery is now under fire. A couple of cities in mainland China have stopped the conduct of poultry sales and slaughtered livestock after reports of the H7N9 strain of avian infulenza abound.

China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.

ICBC would be the first Chinese bank to invest in a Taiwanese Bank, SinoPac. SinoPac Financial Holdings Co. Ltd of Taiwan would be selling off a 20% share of its banking unit.

Taiwan and China enter into new regulations on investment in financial institutions and holdings companies.

The thrust of central government to improve pollution standards is being bucked by state owned companies and local government executives fearful of loss of jobs and business in their areas.

South Africa with its diminutive size has more bang for the buck. Since South Africa's inclusion into the BRIC grouping of major emerging countries, there has been a deafening silence in its ascenscion from the global invesment community.