The high employment rates of college graduates published by universities around China are being questioned, after comparisons with the lower rates reported by job markets this year. The total number of college graduates this year hit a record high of 6.99 million. Some experts suggest enrolling students every two years.

The National Development and Reform Commission (NDRC) is investigating foreign baby formula companies, including Nestle, Mead Johnson and Wyeth, as well as domestic company Biostime, over alleged anti-trust violations. The NDRC warned that companies that are found to have violated the law will be punished and could face fines ranging from 1 to 10 percent of their annual sales.

Fewer and fewer smokers are walking through the doors of the smoking cessation clinics in Chinese hospitals. In the past, smoking cessation had seemed to be a promising business in the country of 300 million smokers, but the operating realities of smoking cessation clinics show how far off the mark such assessments were.

Speculative money lies behind the rising yuan as the relatively high interest rates in China in comparison to other countries are attractive to investors. The Chinese currency Renminbi, or the yuan, retreated 7 basis points to 6.1818 against the U.S. dollar on Tuesday, after having gained 56 basis points to set a record high of 6.1811 on Monday of May 27, according to the China Foreign Exchange Trading System.

Like many Chinese homosexuals, Yang Bin has a sad story of struggling in heterosexual marriage, as China’s family-centered culture accentuates one getting married and carrying on the family name, and the social tolerance for homosexuals is still limited, particularly in less-developed areas.Yang Bin (not his real name), born in 1970 in the outskirts of China’s Tianjin Municipality, is now the owner of a small restaurant. He looks pale and speaks in an utterly gentle voice, his face covered with chiseled wrinkles.

Fewer fireworks have helped to decrease air pollution in some Chinese cities, but high readings of air pollutants have made many wonder if greater efforts need to be made.
An air quality index issued by municipal environmental authorities in Shanghai on Sunday showed a reading of 238 for PM2.5, or particulate matter less than 2.5 microns in diameter, indicating that the air was severely polluted.
In Beijing, the air quality was even worse, with the city’s PM 2.5 density peaking at midnight to roughly 500 micrograms per cubic meter and subsequently easing to less than 300 micrograms per cubic meter.

While others project the growth rate in the world’s second largest economy, China itself is reconsidering its growth pattern for 2013 at its tone-setting economic conference.

Chinese top leaders agreed to take enhancing quality and efficiency of economic growth as the central task

As Chinese oil conglomerate China National Offshore Oil Corporation (CNOOC) Ltd. prepares to move ahead with the country’s biggest ever overseas acquisition, it faces as many challenges as gains.

The Canadian government on December 7 approved CNOOC’s 15.1 billion-U.S. dollar bid to