Inflation may exceed 3% target: China banker

The China Post - China's inflation rate this year is likely to exceed the government's 3 percent target, a central bank deputy governor said Wednesday. Full Story

China sells US$79 billion in bonds to fund investment agency

The China Post - China began selling 600 billion yuan (US$79 billion; euro57.8 billion) of bonds Wednesday to finance a state body that will invest the country's foreign currency reserves, Xinhua News Agency reported. Full Story

China investment interest in Thailand rises 888%

The China Post - Chinese investment interest in Thailand soared 888 percent during the first 10 months of this fiscal year, media reports said Wednesday. Full Story

Daimler, BMW threaten China rivals over IPR

The China Post - German car makers DaimlerChrysler and BMW have threatened legal action against Chinese rivals which they accuse of making copies of their own models, the Financial Times reported on Wednesday. Full Story

Lower crude prices cuts CNOOC first half profits

The China Post - CNOOC, the country's top offshore oil producer, said Wednesday its first-half net profit fell 10.6 percent to 14.55 billion yuan (US$1.92 billion) due to lower crude prices and windfall tax. Full Story