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China's Xi agrees $3 bn in credits for Kyrgyzstan
China on Wednesday agreed credits worth over three billion dollars for energy projects in its northern neighbour Kyrgyzstan, during a visit by President Xi Jinping aimed at boosting Beijing's influence in Central Asia. ... more
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China reforms likely to be slow and steady: analysts
Business executives and analysts on Thursday welcomed Chinese Premier Li Keqiang's pledges of reform in his inaugural speech at the World Economic Forum's "Summer Davos" meeting, but warned the process will be slow and incremental. ... more
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Richemont sales growth hit by unfavourable exchange rates
Swiss luxury goods giant Richemont said Thursday its sales growth had slowed during the first five months of its reporting year amid unfavourable exchange rates and slumping sales in mainland China. ... more
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McLaren roars into China luxury auto market
Britain's McLaren opened its first car dealership in mainland China on Thursday, hoping to sell the country's wealthy elite its Formula One-inspired vehicles for up to $2.1 million apiece. ... more
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