China's exports and new loans tumbled in July and industrial output rose less than estimates, underscoring government concern that the economy is yet to establish a solid recovery.

China will maintain its current macroeconomic policy stance aimed at bolstering domestic spending as the nation continues to experience fallout from the global recession, Premier Wen Jiabao said.

China is on its way to becoming a solar power - with financial incentives coming from every corner of the country - but a lack of experienced project developers and equipment installers may cast a shadow over the growing industry.

The Chinese authorities in July predicted 8% growth for 2009, thanks to a four trillion yuan (US$585 billion) economic stimulus plan. But the global downturn has still put millions of Chinese out of work.

Taiwan plans to allow local flat panel makers and chipmakers to invest their advanced process technologies in China, the Economic Daily said on Wednesday, in the latest indication of warming business ties on both sides.

The presidents of Taiwan and China exchanged direct messages Monday for the first time since the two sides split 60 years ago — the latest sign of their warming relations.

Chinese stocks in Shanghai fell sharply Wednesday afternoon as investors rushed to take profits, also sending Hong Kong-traded shares of mainland Chinese companies lower. In extremely volatile moves, the Shanghai Composite plunged as much as 7.7% in afternoon trading, before recovering to trade down 5.1%.

An employee at a factory that makes iPhones in China killed himself after a prototype went missing. Apple Inc. offered its condolences Wednesday as the company waits for the results of an investigation.

Bargaining is much more than a team sport in China -- it's also a way of life that has been ingrained in the psyche of Chinese society for centuries.

Beijing now expects China to achieve 8% growth for 2009 as a whole, which compares with a predicted contraction of between 1% and 1.5% in the US. However, the Chinese government warned that some economic challenges remain.

ZTE has said it had won 34% of China Mobile Communications's third-round 3G network expansion tender.

Foxconn, the contracted iPhone maker for Apple, is manufacturing a 3G version of iPhone tailored to customers in China, disclosed sources familiar with the matter on July 15.

The primary cause of China's ballooning foreign currency reserves is not the surplus of the country's exports over its imports, but the result of overseas investors pouring money into property and shares...

Taiwan hopes to sign an economic pact with China in 2010, Lai Shin-yuan, minister of the Mainland Affairs Council, said in Washington on Tuesday (July 14), according to a statement from the island's China policy-making agency.

Governments across Asia have launched massive stimulus packages focused on renewable energy in recent months, and some analysts think the new infusion of cash could reshape a solar industry reeling from the economic downturn.

China has been a champ exporter, but the country's growth depends on developing other avenues of business too.

Taiwan and China should cooperate on energy conservation and environmental protection, the Chairman of the island's ruling party said in a speech on July 11.

A delegation of Chinese Government officials and technology companies are in the UK this week looking for technology expertise and business partnerships.

Photronics, a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, has announced that it is closing its integrated circuit photomask manufacturing facility in Shanghai, China. The closure is consistent with Photronics strategy to reduce costs and lower its operational breakeven point, it said.

China could be an unexpected laggard to any global recovery, with its economy set to remain sluggish after a long run of bubble-like investment in factories and other fixed assets wears off, some analysts say.

Solar-power company LDK Solar boosted its wafer shipment forecast for the second quarter on stronger-than-expected demand but issued a revenue view below Wall Street estimates.

Taiwan will open up 64 sectors in manufacturing, 25 in services and 11 public infrastructure projects from today, the Ministry of Economics Affairs told a briefing in Taipei. Foundries and the liquid-crystal-display and telecommunications industries will remain closed, the ministry said.