Obama supports Greece remaining in euro zone U.S. President Barack Obama on Monday expressed his support for Greece to remain in the euro zone, saying world leaders have "indicated their desire to see Greece in the euro zone." Europe's debt crisis biggest threat to S.Korean economy: poll Europe's debt crisis was picked as the biggest threat facing the South Korean economy amid spreading concerns that Greece may exit the euro zone, a poll showed Tuesday. Fair treatment for private capital in railway investment China's recent move to give private capital equal treatment in investing in the country's railway projects is expected to inject new vitality into the railway sector amid concerns of an economic slowdown. • China stocks close up Monday • Yahoo, Alibaba reach agreement on Alibaba stake buyback • Morgan Stanley cuts China growth forecast to 8.5 pct • Nikkei jumps high on bargain-hunting after recent sharp fall • China to buoy QFII inbound investment more aggressively More

Japan remains world's top creditor nation in 2011 Japan remained the world's largest creditor nation in 2011 with a net 253 trillion yen (about 3.19 trillion U.S. dollar) in foreign assets at the end of 2011, said Japanese government on Tuesday. China's growth needs new horizons: trade chief China should boost domestic consumption and focus more on Asian and emerging markets as developed economies falter, the head of the International Chamber of Commerce said. "China needs more balanced economic growth, while the engines of the United States and the European Union become weaker," Wenzhou taps individual investments Wenzhou is planning to allow individuals to invest in the city's light rail construction as part of the city's trial to reform private lending.

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Biz China Weekly  >> Macro-economy | Industries | Companies Trade | In-depth | Financials | Markets May 14 - May 20 The latest economic data released by the National Bureau of Statistics have prompted some west media and analysts' speculation that China's economy has yet to bottom.

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