The General Administration of Customs registered above projected numbers in terms of overseas shipments.

Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.

Analysts said that though economies in Euro Zone and China were experiencing significant growth spikes in their economies, emerging economies of India, Italy and France are not faring well.

Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.

President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.

Kazakh government sources told Reuters that the country had agreed to sell 8.33% of its stake in the Kashagan oil field to China.

Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.

As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.

The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.

China urged its Asian neighbors to forge stronger financial ties in the wake of the Federal Reserve's plan to taper its stimulus package.