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China earned $82.5 billion from nearly $2 trillion in foreign exchange reserves last year, and is now the fifth largest holder of gold.

China's petrochemical industry registered a 26.3-percent month-on-month growth in March turnover, pointing to signs of a recovery in the economy.

Chinese telecom equipment maker Huawei Technologies said yesterday its net profit jumped 20 percent in 2008, driven by strong overseas sales in emerging markets and improved profit margins.

The number of labor disputes heard by courts has skyrocketed this year with many employees choosing legal avenues before trying to sort out problems with their bosses, experts said on Tuesday.

Switzerland's largest bank UBS is committed to expansion plans in China despite several cost reduction initiatives undertaken globally due to the effects of the financial downturn.

Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

New deal for commercial flights over the Great Wall

Old train tickets and the memory of yesteryear

'Hometowns' battle to claim their celebrities

Equestrian enthusiasts advocate riding horses to work

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Dow 12,719.49 +0.74% Thur
Nasdaq 2,872.66 +1.36% Thur