ASIA MARKETS: China Stocks Stage Strong Bounce, Lead Asia Gains

HONG KONG (MarketWatch) -- Asian markets rebounded Tuesday as a higher finish on Wall Street attracted buyers a day after most regional equities suffered a sell-off, with Japanese stocks extending gains on hopes for further monetary easing under a new central bank chief.

China to meet 7.5% economic growth this year despite global slowdown: Official

BEIJING: China will meet its target for annual economic growth of 7.5 per cent this year despite the impact of the global slowdown, state media quoted a top trade official as saying Wednesday.

China's new leaders face tough economic choices

BEIJING: China's economic model that delivered three decades of double-digit growth is running out of steam and the country's next leaders face tough choices to keep incomes rising. But they don't seem to have ambitious solutions.

World Economic Forum: China growth on track, says Wen Jiabao

China's Premier, Wen Jiabao, has told the World Economic Forum in Tianjin that his country is on track to hit growth targets for this year.

China Manufacturing Unexpectedly Contracts as Orders Drop

China’s manufacturing unexpectedly shrank for the first time in nine months as new orders contracted and output rose at a slower pace, signaling the slowdown in the world’s second-biggest economy is deepening.

China's Wen says economy still under pressure

(Reuters) - China's economy faces big headwinds though cooling inflation is giving the government more leeway to maneuver monetary policy, Premier Wen Jiabao was quoted by state media as saying on Wednesday.

Oil price climbs above $90 on stronger US demand

NEW YORK (AP) — The price of oil climbed above $90 per barrel for the first time since May after the government said U.S. oil demand is on the rise.

China's inflation rate slows sharply as demand slides

China’s annual inflation rate slowed to the lowest level in more than two years in June, signalling falling demand for goods and raising the likelihood of more stimulus measures in the world’s second largest economy.

China's Wen Jiabao says 'reforms urgent'

China's Premier Wen Jiabao has delivered a strong warning about the ''urgent'' need for reforms, without which, he said, tragedies such as the Cultural Revolution could still happen.

Chinese Premier says country cannot grow in isolation

Chinese Premier Wen Jiabao has said the country cannot grow in an isolated way, and it will look to develop global and domestic growth.

He added that more open economic and trade policies would help it and the wider world.

Premier Wen said that he was confident the US and Europe would fully recover from their current economic problems.

China is winning its price growth war, premier Wen says

Chinese premier Wen Jiabao has said that China can control inflation and maintain its robust growth.

Writing in the Financial Times newspaper, Mr Wen said "price rises will be firmly under control this year".

He said while the world is still recovering from the global financial crisis, new challenges have emerged.

Mr Wen said countries must 'co-operate closely' to deal with those risks.

China rules out faster yuan rise despite soaring prices

The Chinese Premier Wen Jiabao has ruled out any changes to China's policy on its currency, the yuan.

China has been battling inflation, with consumer prices rising 4.9% in February from the same month a year ago.

Analysts had suggested that allowing the yuan to strengthen against the US dollar could make imports cheaper, thus reducing costs.