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Calls for reform body in China

The new leadership should "seriously consider" setting up an overarching institution to design China's reform agenda to redefine the boundaries of the government.

Focus should be on new growth model

Leading government officials and economists say at the World Economic Forum that China should continue to push forward structural reforms.

'Unnecessary fights' are bad for business

The EU should not translate its economic difficulties into protectionist policies by looking for "unnecessary fights" with China, a former EU trade commissioner has warned. Exporters 'to expect rising protectionism'

New faces in Beijing, Tokyo may help mend ties

The new leadership of China and Japan is likely to take steps to de-escalate tensions over the Diaoyu Islands.

Yuan sees more international use in Nov

An index measuring the yuan's global use rebounded in November on broad-based pickup in activities and hit a new high of 737 from October's 731, Standard Chartered Bank announced.

Consumption cannot be only driver

China's economy is at a crossroads. As 2013 begins, foreign and domestic observers alike are asking which path the country's economic development should take in the next decade.

China's economy to recover moderately

China will witness a moderate economic recovery this year while a rapid rebound in inflation is unlikely, according to a chief economist.

China's GDP growth to be 7.8% in 2013

China urges EU to refrain from telecom protectionism

Eurozone woes hit telecoms

Chinese telecom companies will encounter difficulties in Europe in the short term because of economic uncertainties and political risks, analysts said.