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China's richest man says wealth gap not a priority
China's yawning divide between rich and poor does not need to be tackled, the country's richest person said Wednesday - as long as everyone can become wealthy. ... more
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End of China boom a challenge, not a crisis: Australia
Treasurer Chris Bowen on Thursday insisted an end to the Chinese resources boom was not a crisis for Australia's mining-driven economy, but admitted it was a challenge. ... more
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Japan's NEC to pull out of smartphones: report
Japanese electronics giant NEC will likely abandon smartphone production after failing to bring China's Lenovo Group on board to bolster its money-losing unit, a report said Wednesday. ... more
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China on course to beat govt growth target: IMF
The International Monetary Fund on Wednesday said China's economy is on course to grow 7.75 percent in 2013 - higher than the government's 7.5 percent target and actual growth of 7.6 percent in the first half of the year. ... more
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