Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.

China's August inflation data showed that the country's economy is stabilizing after signs of improved export demand and targeted support measures.

The rule increasing the processing time from five to fifteen days was met with waves of complaints as it hinders business operations.

China establishes free trade zone to help liberalize yuan trade. In an expected move, China had issued a directive to allow free exchange of the yuan currency within the borers of its first free trade zone.

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.