Within three days of its China launch of the new iPhone 5, Apple has revealed that its sales of the handset in the country has already touched over 2 million units; thereby making the iPhone 5 launch the best-selling iPhone release ever in China.

According to a Rough and Polished report, analysts at the Boston-based global management consulting firm Bain & Company are of the opinion that the international diamond industry has not only bucked worldwide trends but has also witnessed a notable growth in size.

The UK Government will reportedly blacklist Huawei if the country’s security & intelligence agencies find any malware or spyware in the Chinese communications giant’s UK operations, but any such move could lead to a damaging multibillion-pound trade war between the UK and China.

Blacklisting of Huawei could also derail the roll-out of the UK’s economically crucial 4G mobile internet services.

With positive cues coming about manufacturing sector this month in China, oil was seen rising in London. However, there are chances that it may drop over the issue surrounding federal budget talks.

In a Thursday statement, Canada's biggest natural gas producer Encana Corp. revealed that it had signed a $2.2 billion deal with China's state-owned PetroChina --- an agreement which will pave the way for exploring and developing shale gas in Alberta.

In a human rights complaint filed with the Canadian Human Rights Commission, a Chinese miner - named Huizhi Li - has said that the protests which the United Steelworkers Union has launched over the foreign employees' issue have led to a situation where Chinese workers will be seen with contempt.

After running the Chinese-built FAW trucks on the South African highways for the last nearly twenty years, the FAW Group has recently revealed that it is now expanding its presence in the country, with the launch of FAW passenger cars and light commercial vehicles (LCVs).

It seems that tension going on between Japan and China has been getting deeper with the passage of time. Recently, an incident took place in which a Chinese government plane entered into the airspace, which Japan considers to be its airspace.