| Abstract: | The Chinese economy is likely to see a mild slowdown as its largest trade partner—the EU—suffers from a sovereign debt crisis and as the Chinese Government cracks down on the blistering property market.Steelmaker Ansteel is set to merge with smaller rival Pangang in a government effort to consolidate the country’s steel industry.China’s largest oil refiner Sinopec aims to expand its oil refining capacities to feed the buoyant domestic economy.Credit cards become a "must have" for numerous Chinese consumers,but concerns linger over risks of bad debt.E-commerce in China blossoms,with B2B trade leading the tide. |
