CHINA

More news
IBTimes Logo

China's June Official Services PMI Up To 3-Month High

China's services sector expanded at its fastest pace in three months in June, an official survey showed on Tuesday, but left intact market expectations that Beijing will deliver more policy measures to support growth in the near future.
Apple Finally Settles iPad Trademark Dispute in China; Proview Accepts $60 Million

Apple Finally Settles iPad Trademark Dispute in China; Proview Accepts $60 Million

Apple's two-year-long trademark battle with Proview Technology over the use of the name iPad has finally come to a close. The Cupertino, Calif.-based computer giant has reportedly agreed to pay the Chinese electronics maker $60 million to settle the dispute of ownership, which will removes any further obstacles to selling its popular line of tablets in China.
oil

Crude Oil Futures Retreat In Asia After EU Deal Rally

Crude oil futures declined during Asian trading hours Monday after reporting their biggest one-day price surge in three years in the previous session as a breakthrough in the European Union summit in Brussels boosted sentiment.
Nikkei Stock Exchange

Asian Markets Rise On Japan Data, EU Optimism

Most Asian markets rose Monday amid indications of improving business conditions in Japan and on continued optimism about the measures taken in the EU summit to alleviate the euro zone debt burden.
A cleaner rides his tricycle down a side-road as cars sit in a traffic jam along a main road in central Beijing

You Auto Bike More: Chinese Megacity Launches Car Quota System

In an effort to cut gridlock and pollution in Guangzhou, authorities in the capital city of Guangdong province began a one-year trial program on Sunday that will cap the number of new automobiles hitting the streets, according to the state-owned Xinhua news agency.
China PMI down

China's Official June PMI Hits 7-Month Low

China's factory downturn worsened in June as a key activity index hit a seven-month low; the report is expected to raise expectations that the central bank may seek more policy easing.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.