When it comes to breaking into the lucrative Chinese market, foreign multinational retailers should keep largely to their own, time-tested management techniques, according to new research funded by the Economic and Social Research Council (ESRC).

Audi achieved a new sales record in China in 2007, selling 101,996 cars in China (including Hong Kong) – a gain of about 25 percent compared to the previous year.

Audi is now bringing its latest-generation, highly efficient engines onto the Chinese market, too.

Chinese customs has named on its website 54 trading companies to be closely monitored for their alleged involvement in smuggling in China and 195 companies for abiding by rules and regulations.

What’s wrong with China? Pet food sickened dogs and cats, then warnings about toothpaste, toy trains, car tires and several types of fish came. The warnings had one thing in common - all of the products came from China. And that has people worried.

China will cut its generous tax rebates on more than 2,800 export items in a move designed to curb the country's growing trade surplus and appease critics of its economic policies. But, as Joseph Popiolkowski reports from Hong Kong, the measure may not have a meaningful impact.

China will continue to help push forward the Doha Round trade talks and work to safeguard the multilateral trade system, Minister of Finance Jin Renqing said in Beijing on Monday.

Automakers are ramping up their operations in China to take advantage of record-breaking growth in vehicle sales. China replaced Japan last year as the world's second-biggest auto market, and industry experts predict the growth will continue as the country's booming economy encourages greater consumption of luxury goods.

A top European Union official says China needs to increase market access for European goods and services and reform its currency exchange rate. Daniel Schearf reports from Beijing that the EU hopes such steps will ease growing frictions over China's enormous trade surplus with the 27-nation bloc.