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The country's high trade surplus will likely remain for the rest of the year as domestic demand continues to shrink from government attempts to curb the property bubble, Chinese analysts have said.

Housing prices in major Chinese cities rose 10.3 percent year on year in July, slowing from the 11.4 percent growth in June, the National Bureau of Statistics said Tuesday.

Android-based handsets may beat Apple's iPhone to dominate China's cellphone market, according to an executive from a mobile Internet firm.

The Chinese government's recent approval of the second version of the online game World of Warcraft (WoW) was met with little fanfare as Chinese gamers say it is too little too late.

The country is committed to joining the government procurement agreement (GPA) of the World Trade Organization (WTO) "as soon as possible", but still hopes GPA member nations including the US are not "too demanding" on its revised GPA offer, said China's WTO ambassador.
Experts hail China's procurement offer