In a Thursday statement, the world’s biggest contract electronics manufacturer Foxconn Technology said that its pay dispute with its employees at one of its central China plants has been resolved successfully and peacefully.

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Chinese health department officials have confirmed that the death of a 39-year-old man in Guangdong Province was due to bird flu.

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China's food quality regulator has confirmed that it didn't find more excessive levels of cancer-causing substance aflatoxin in milk.

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Mengniu, China's leading dairy products manufacturer, has announced that it would increase the prices of some of its products to adjust them to rising costs.

Speaking to China Daily, Mengniu's assistant spokesman Ji Xiaodong said that the decision to increase prices wasn't astonishing as the company regularly adjusts prices.

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China's economic growth will likely tumble to 7.9 per cent during the whole year of 2012, the Hong Kong-based investment bank Nomura International Ltd predicted.

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New China Life Insurance Co. raised HK$14.7 billion (US$1.9bn) from its initial public offering (IPO) at the Shanghai and Hong Kong stock exchanges.

The Chinese insurer sold 358.42 million shares in Hong Kong, at HKD28.50 a piece. The price was very close to the bottom of an indicative range of HKD28.20 to HKD34.33.

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As many as two hundred laid-off workers on Friday massed outside a Shanghai factory of a Singaporean electronics firm Hi-P International to protest the management's plan relocation and for mass layoffs.

Wearing blue-jackets, the workers were holding banners demanding management explanations and chanting slogans against the relocation plan.

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