China tops Japan in Fortune's Global 500

JCCI postpones China visit because of tense bilateral ties

The Japan Chamber of Commerce and Industry has decided to postpone sending special delegates to Beijing for a meeting scheduled May 26-30 because of the poor state of relations between the two countries, sources said.

Airbus to China: We support you, please buy our jets

BRUSSELS--China's decision to ease a boycott of some $11 billion in Airbus jet orders followed a high-level appeal from the plane maker urging Beijing to recognize its support over a trade row with Europe, a letter seen by Reuters shows.

Foreign businesses struggle with China's wage hikes

Rising wages in China are forcing foreign businesses to decide whether to shift their production elsewhere in Asia or to stay and adapt to a changing market.

Sharp to slash 5,000 jobs, shift production focus

Sharp Corp. will cut 5,000 jobs, slash the number of directors and advisory positions and shift its production focus under a three-year plan to fully recover from the 2008 global financial crisis.

EU agrees on China solar panel duties; Beijing urges dialogue

BRUSSELS--The European Commission agreed to impose punitive import duties on solar panels from China in a move to guard against what it sees as dumping of cheap goods in Europe, prompting a cautious response from Beijing which called for further dialogue.