With what had been called the best iPhone launch ever, the finances of the company have been revised.
Tags: China
China's central bank to keep a steady policy
The Central Bank of China said last Sunday that it would keep policy steady to cope with economic uncertainties.
China's new trade zone opens in Shanghai
China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.
Peugeot in China at divergent paths
Peugeot still is waiting on Dongfeng's investment while Chang'An Auto is all out in a venture with the French carmaker.
Alibaba's listing at the NYSE will pull other Chinese Internet companies with it
Alibaba, the largest e-commerce company in Chins, is set to register at the New York Stock Exchange.
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According to two unidentified sources, China would be opening its Internet portals to Facebook and other websites in the free trade zone in Shanghai.
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
Chinese authorities warned potential problems the Chinese banks could face if they don't beef up their capital requirements but Factbox figures from Reuters revealed a different scenario.
The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.
A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
Private equity firms would continue to be interested in investing in the luxury car business of China, said William Shen of Headland Capital.
Apple Inc. launched the sale of its new iPhone handsets in China on the same day as other main markets.
Apple Inc. announced that the new set of iPhones would be released in the country on the same day as Europe, US and Japan.
Burberry projects growth in the Chinese market to continue despite government crackdown on luxury goods.
