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Australia at crossroads as China boom ends: PM
Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact to boost competitiveness. ... more
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Nepal police seize smuggled gold bound for India
Nepal police seized 35 kilograms (77 pounds) of gold on Wednesday, smuggled over the border from China and bound for India, where demand for the precious metal was soaring, officers said. ... more
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China accuses GSK staff of corruption, tax crimes
Senior managers of British drug firm GlaxoSmithKline (GSK) in China have confessed to bribery, "serious" business offences and tax crimes, police said Thursday. ... more
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China auto sales up 11.2% year-on-year in June
Auto sales in China, the world's largest car market, increased by 11.2 percent year-on-year in June, an industry group said Wednesday. ... more
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