The government announced on Wednesday that it would slap anti-subsidy duties of up to 31 percent on chicken products from the United States - the move coming hot on the heels of a series of such cases initiated against the US during the past two weeks.

The World Bank has agreed to increase the voting power of China and other major developing countries in a move that analysts said marks the start of a gradual but new change in global economic governance.

James McGregor believes the much-heralded one-billion-customer China market may at last be becoming a reality.

China's light vehicle demand reached another record high in March - traditionally one of the strongest months for auto sales - up 55 percent over the same month in 2009 to 1.61 million units.

Major global automakers plan to unveil dozens of new models at the Beijing auto show this weekend as foreign producers look to the surging China market to drive sales and local brands try to raise their profile.