Amazon.com's popular e-book Kindle has had a great reception around the world. Now Chinese companies are striving to replicate that success in local market.

Foreign direct investment (FDI) has been in decline for eight months, but the size of the fall in May was smaller than the one in April, probably signaling an easing off.

The global economic slowdown and regional security are high on the agenda of the annual summit of the Shanghai Cooperation Organization (SCO), which opens today in Yekaterinburg, Russia.

China's bank credit expanded in May, with new yuan-denominated loans reaching 664.5 billion yuan ($97.29 billion) in May, the central bank said Friday.

Although Moscow announced its plan to cut US treasury holdings on Wednesday, analysts in Beijing agreed that for China to say no to US Treasury bonds is not that easy.