China’s textiles sector is growing at the slowest pace for almost a decade. The Shanghai Securities News writes that the government is on the verge of stepping in to give it a boost

Auto sales in China slowed slightly over the first half of the year amid rising oil and raw material costs and the disruptive effects of snowstorms and the devastating Sichuan earthquake. But the country still outperformed any other global market and gave hope to the world’s automakers, Xinhua writes