China is going to announce later this month incentives for buying vehicles powered by new energy, said Miao Yu, vice minister for industry and information technology. The nation's car production and sales both cracked the 13 million mark in 2009 overtaking the United States as the world's biggest auto market as well as raising concerns over air pollution, ca...

China looking to grow its share of IT outsourcing. LINKChina is further diversifying forex holdings. LINK Foreign lenders worry as Chinese borrowers head towards bankruptcy. LINK Baidu to release new ad platform, Phoenix, in 2Q of 09. LINK China targets loan growth of 5 trillion Yuan in 09. LINK China Unicom expects to see ROI after 5-10 years for 3G busines...