Shanghai, March 16 (Gasgoo.com) After overtaking the United States in January auto sales for the first time, China extended its lead as the world's largest auto market in the second straight month this year, xinhuanet.com said today.

Shanghai, March 12 (Gasgoo.com) Honda Motor Co said it sold 31,587 passenger cars in the Chinese market in February, up 16.1 percent from the 27,217 units of a year earlier.

Shanghai, March 11 (Gasgoo.com) Chery Auto is set to release its luxury car brand Riich (Ruiqi) on March 18, with six models to go on sale in the high-end auto market, xinhuanet.com said today. The Chery Riich logo closely resembles that of Bentley.

Shanghai, March 9 (Gasgoo.com) As an automaker listed by the Chinese government to become one of the country's auto giants, Beijing Automotive Industry Holding Corp (BAIC, or Beijing Auto) is expected to get Beijing city's financial support of 10 billion yuan ($1.47 billion) for acquisitions and restructuring and for own brand creation, said Economic Observer newspaper yesterday.

Shanghai, March 9 (Gasgoo.com) China's passenger car sales in February grew 33% year-on-year, boosted by government incentives including lower purchase tax for small cars, an industry group said on Friday, according to Reuters.

On Monday, the Pentagon released a statement stating that in the past week, Chinese naval vessels harassed the spy ship the USNS Impeccable on Sunday, in what it called "increasingly aggressive conduct."

While the United States' economy seems to get worse, and worse, and worse seemingly every day, China has stated that it feels its own economy has begun recovering.

At least 73 miners died and dozens of others were trapped underground in a blast that hit a coal mine in northern China, the official news agency Xinhua reported on Sunday.

A woman who missed her flight at Hong Kong's international airport went into hysterics and has thus become a YouTube video star. The "woman going insane after missing her flight video" has over 1.35 million hits at the time of this writing.

CHINA ENTREPRENEURS highlights an exciting and increasingly important slice of the China pie: the opportunities and challenges for international entrepreneurs and small business operators venturing into the Middle Kingdom.

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GM China Group president said the company would roll out at least five all-new car models under the Buick and Chevrolet brands over the next two to three years to lure Chinese buyers back to its showroom.

As one of the measures to stimulate the auto market demand, China may cut the sales tax on second-hand vehicles by half to 1%, Dongfang Daily reported yesterday.