The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.

Jim Yong Kim, World Bank Group President, says that there is still risk present even as China reaches and surpasses its 2013 growth target.

China had set aside CNY80 billion for its local gas and oil projects to boost internal energy supplies.

Chinese representatives in Hong Kong had ruled out nominations for the 2017 elections, the strongest sign that China's pledge of democracy came with certain conditions.

Aside from the much talked about Bo Xilai trial, China aimed to turn the country into an innovative consumer driven, high income nation.

After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.

A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.

ThyssenKrupp AG is reconsidering the sale of its Steel Americas unit, selling off only its US operations.

Temasek Holdings appointed Dr Wu Yibing as its new co-head for China business effective October 1, 2013.

Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.