Rising raw materials costs are putting pressure on automakers to increase prices or go bust. But low consolidation in the industry means it is still a buyer’s market, Shanghai Securities News reports

The Wall Street Journal, the Financial Times and the South China Morning Post all led their online China business coverage with the release of April inflation numbers by the National Statistics Bureau. The WSJ relies on an AP feed, while the FT gets its wire news via Reuters. China's consumer price index rose by a near decade-high 8.5% year-on-year in Ap...

China's luxury goods market was worth US$8 billion last year. Xinhua reports that it still has a long way to go.