China

Markets reacted badly to China cutting its growth estimate to 7.5% but changes could allow Chinese consumers to buy more of their own products.

In China today, the government lowered the country's growth forecast for the year to 7.5 percent. That's the first target under 8 percent since 2005.

Premier Wen Jiabao of China announced that growth would be only 7.5 percent, a number that falls below what is considered a critical growth rate for keeping the Chinese population happy.

The huge shale gas deposit is a big deal for global energy markets.

Not out of the woods yet

Basketball star Michael Jordan is suing a Chinese company that makes sportswear. He says Qiodan is using his name without permission, and has filed suit in a Chinese court.

Rosy reports too good to be true?

The Taiwan-based manufacturer will also cut down on excessive overtime. What will this mean for its purchasers -- like Apple -- and consumers?

Electronics manufacturer Foxconn is taking steps to improve worker salaries and conditions after increasing international pressure to do so.

A mild-mannered pensioner in China gains national attention for his grumpy-old-man approach to protecting consumers from fraudulent products.