China should allow an immediate one-off appreciation in the yuan's value and widen the currency's trading band to stem inflows of speculative capital that might fuel inflation, said UBS AG economist Wang Tao.
Nobel economics laureate Paul Krugman's recent push for a stronger Chinese currency "was wrong," and such a move currently does no good to the US and Chinese economies, a US expert said.
Health experts have assured consumers that Chinese pork is still safe despite reports of pigs being infected with the deadly A/H1N1 flu at a slaughterhouse in Heilongjiang province.
Taiwan Semiconductor Manufacturing Co Ltd reached an out-of-court settlement valued at $290.2 million with the Chinese mainland's biggest computer chip maker.
For a whopping $420,000, Michael Jackson's rhinestone-encrusted glove is coming to a hotel in the glitzy Asian gambling haven of Macao.
