Business

China and Brazil ink trade deal ahead of BRICS summit

Staff Reporter   | Mar 26, 2013 09:03 PM EDT

BRICS members China and Brazil agreed on Tuesday a swap line allowing them to trade the equivalent of up to $30 billion (19.7 billion pounds) per year in their own currencies, moving to take almost half of their trade exchanges out of the U.S. dollar zone. read more

Fed study says China's growth could slow sharply by 2030

Staff Reporter   | Mar 26, 2013 08:15 PM EDT

(Reuters) - Economic growth in China faces mounting headwinds and could fade dramatically in the years ahead due to declining productivity and an aging population, according to a U.S. Federal Reserve study. read more

China Telecom Signals 4G Choice

Staff Reporter   | Mar 20, 2013 10:13 AM EDT

BEIJING—China Telecom CHA +0.81% said it would prefer to use the more common fourth-generation mobile standard used in the U.S. as it seeks to build out a faster network to attract high-value smartphone users. read more

Suntech Declares Bankruptcy, China Says

steve   | Mar 20, 2013 09:18 AM EDT

BEIJING — Suntech Power Holdings, the China-based maker of solar panels, declared bankruptcy on Wednesday, the state news agency Xinhua said... read more

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