China

The United States starts to play hardball with Chinese manufacturers with tariffs ranging from 31% to 249.96%.

Credit growth decelerated for the first time since 2008 and should pile on more pressure to the economy.

Growing credit card use among local buyers is also causing frequent payment delays.

So-called SOEs are being urged to allow private investors to engage in share-stakes, property rights and private equity fund transactions.

Its private sector index slid to 48.7% from 49.1% in April but government easing is softening the blow, says BBVA.

But the gradual price decline is still manageable for the government and is a necessary pain for Chian to pop any forming price bubbles.

And China has the most troubling piracy problem with an illegal software market worth nearly US$9 billion in 2011 versus a legal market of less than US$3 billion.

China's Beijing airport continues to record the highest passengers throughout the region with almost 6.6 million.

The decrease is due to the continuing European crisis and slow shipment to the G3 market.

A survey by Ernst & Young reveals 69% of Chinese executives see the global economy improving.

The Composite Output Index rose 49.9 to 51.4 signalling a modest rate of expansion.

China’s official PMI strengthened to 53.3 in April, a clear indication that large manufacturers in China are gearing for export recovery as the US economy becomes more robust.

Manufacturing firms in April reported the sharpest staff reduction in 37 months.

With European markets still struggling, can China's export market save the region's economy?

Lower tarriffs in major import categories like energy products and consumer goods could be arriving soon.

The seven-storey shopping mall in Daxing district is expected to be completed in 2015.