JOE MCDONALD

AP Business Writer
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World Bank warns of global growth slowdown

The World Bank warned Wednesday of a possible slump in global economic growth and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis.

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China's number of Web users rises to 513 million

The number of Internet users in China has surged past 500 million as millions of new Web surfers go online using mobile phones and tablet computers, an industry group reported Monday.

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China foreign trade growth to slow, exports 'grim'

China is expecting foreign trade growth to slow this year to around 10 percent amid a grim outlook for exports, a state news agency reported Saturday.

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Geithner presses Beijing on Iran, currency

U.S. Treasury Secretary Timothy Geithner and Chinese leaders pledged Wednesday to build economic ties but Beijing gave no sign it would relent in its opposition to American sanctions on Iran's oil industry.

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China's central bank promises pro-growth policies

China's central bank is promising pro-growth conditions this year to support struggling entrepreneurs but says it will stay prudent amid complex global conditions and inflation pressures.

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Asian economies look to keep Iranian oil flowing

China, the biggest buyer of Iran's oil, has publicly rejected U.S. sanctions aimed at Tehran's energy industry while American allies Japan and South Korea are scrambling to find a compromise to keep critical supplies flowing.

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China calls on Europe for talks over carbon charge

China called on the European Union on Thursday to heed objections to its plans to charge airlines for carbon emissions and to hold talks with opponents.

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Chinese video websites in court as industry grows

China's two biggest video websites are fighting in court over accusations they are misusing each other's programming as rivalry heats up in an industry that is luring viewers from bland state TV.

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Crowd fights Chinese police at mosque demolition

A crowd of Muslims fought with police who demolished a mosque in China's northwest, a police employee and a human rights group said Monday.

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China cuts 2012 rare earths export quota

China announced a cut Tuesday in its rare earths export quota as it tries to shore up sagging prices for the exotic metals used in mobile phones and other high-tech goods.

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China, Japan unveil deals to tighten finance ties

Chinese and Japanese leaders have unveiled initiatives to tighten financial links between East Asia's economic giants and sometime rivals — measures that could expand use of China's tightly controlled currency abroad.

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China plans further cut to railway spending

China's government announced another cut in railway construction spending Friday amid concern about the debts of the world's biggest rail network and the safety of its showcase bullet trains.

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Asian stocks fall on Europe bank worries

Asian stock markets slumped Thursday amid new signs of pressure on Europe's banking system and a downturn on Wall Street.

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Foreigners in China squeezed by pensions, taxes

Foreign companies that are looking to China to shore up wilting global sales have been hit by higher payroll taxes, surcharges to subsidize unions and other changes that are making conditions tougher just as economic growth slows.

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US envoy criticizes China's controls on economy

A U.S. trade envoy has accused China's government of increasing its role in the economy in violation of its free-trade pledges and he appealed to Beijing to reconsider its embrace of "state capitalism."

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China launches probe of US renewable energy policy

China's government announced a trade probe Friday of whether U.S. support for renewable energy companies improperly hurts foreign suppliers, adding to tensions over an industry seen as an important source of jobs and economic growth.

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US envoy: China promises clean energy access

U.S. Commerce Secretary John Bryson said Chinese officials promised foreign technology suppliers equal access to their booming clean energy industry in trade talks amid pressure to revive global growth.

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Sino-Forest panel rejects fraud accusations

A panel of Sino-Forest Corp. directors said Tuesday it has found no evidence of fraud by the Chinese forestry company after allegations by a U.S. financial firm caused its shares traded in Canada to plunge.

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China's inflation falls on lower food cost rise

China's stubbornly high inflation fell in October, giving Beijing room to stimulate the world's No. 2 economy amid weak U.S. and European growth.

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Developing countries want G20 to refocus on world

This week's G-20 summit was dominated by Europe's debt crisis, but developing countries want the grouping of major economies to refocus on a bigger global agenda that includes creating jobs, improving farming and fighting climate change.

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Security firm: Hackers hit chemical companies

Cyber attacks traced to China targeted at least 48 chemical and military-related companies in an effort to steal technical secrets, a U.S. computer security company said Tuesday, adding to complaints about pervasive Internet crime linked to this country.

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Baidu profit up 80 percent, forecasts more growth

Baidu Inc., which operates China's most popular search engine, said Friday its latest quarterly profit jumped 80 percent as strong growth in usage of its site helped to drive advertising revenue higher.

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Europe bailout fund chief visits Beijing

The chief of Europe's bailout fund visited Beijing on Friday to discuss possible terms for cash-rich China and other global investors to help finance a multibillion-dollar plan to resolve the continent's debt crisis.

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China rare earths supplier suspends production

China's biggest producer of rare earths is suspending production for one month in hopes of boosting slumping prices of the exotic minerals used in mobile phones and other high-tech products.

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China's Wen: `stable' currency to help exports

Premier Wen Jiabao has promised China's struggling exporters a stable exchange rate in a move that might fuel tensions with Washington over Beijing's currency controls as the global economy weakens.

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