Chris Hogg

China's central bank raised the amount of money banks must hold in reserve for the fourth time this year to help control inflation.

The Japanese government has expanded the evacuation zone surrounding the Fukushima Daiichi nuclear plant after several explosions. The fires, triggered by the earthquake, have caused a surge in potentially toxic radiation.

The daily deal site Groupon has been interested in expanding into China for months. And finally, Groupon has opened its Chinese affiliate, Gaopeng.com. The site will initially cover Beijing and Shanghai but the company hopes to grow to cover more of China's 160 cities.

China announced a 10.3 percent growth in their economy of 2010 -- that's three times faster than the U.S.

A Financial Times report says the Chinese lend more to developing countries than the World Bank -- an agency with a mission to lend to developing countries.

Further proof that money doesn't necessarily buy you happiness. In China, the population is getting richer every year. But also increasingly dissatisfied.

Inflation numbers for China reached a 28-month high in November. Food prices and the cost of home utilities are at risk.

In China prices on consumer goods are rising so fast that even McDonald's says it's going to charge more for its food there. How will this affect toy and clothing cost for the holidays?

General Motors will reportedly go through with its initial public offering on Thursday. In China, state media reports the car maker SAIC Motor -- a Chinese company -- has agreed to buy a big stake in the American automaker.

China and Taiwan signed a trade deal that Taiwanese officials call the most important development in their relationship in more than 60 years. The deal gives access to each other's markets, but it's also a big political step for China.