Crude oil broke the US$100 a barrel barrier on the first day of trading in the new year. An Bei of the China Securities Journal looks at the likely impact of soaring oil prices on the Chinese economy

ShengdaTech Inc CEO Chen Xiangzhi talks to the The China Perspective about the company’s prospects in the domestic and international chemicals market

Beijing Dabao Cosmetics Co is seeking investors to acquire 100% of its stakes, and market sources say Avon intends to be the buyer.  Avon stands to further expand in China, and the potential acquisition heralds a new phase of competition in the country's direct sales industry.

Several leading figures in the chemical industry have announced plans to strategically focus on the new materials industry, and consequently that industry has increasing potential for greater development in China.