Toys 'R' Us recalls China-made cases due to packaging that contains lead

The China Post - Toys "R" Us has recalled 27,000 crayon and paint sets made in China because the packaging of the wooden box contains lead, as does some of the watercolor paint within, company and government officials said Thursday. Full Story

China legislature passes anti-monopoly law

The China Post - China's legislature passed an anti-monopoly law Thursday that will require purchases of Chinese companies by foreign firms to go through a national security check, state media said. Full Story

Beijing to allow foreign banks to distribute funds: sources

The China Post - China plans to allow foreign banks to distribute products for domestic fund houses, opening up a new revenue source for overseas lenders in the fast-growing economy, sources close to the situation said Thursday. Full Story

Inflation may exceed 3% target: China banker

The China Post - China's inflation rate this year is likely to exceed the government's 3 percent target, a central bank deputy governor said Wednesday. Full Story

China sells US$79 billion in bonds to fund investment agency

The China Post - China began selling 600 billion yuan (US$79 billion; euro57.8 billion) of bonds Wednesday to finance a state body that will invest the country's foreign currency reserves, Xinhua News Agency reported. Full Story

China investment interest in Thailand rises 888%

The China Post - Chinese investment interest in Thailand soared 888 percent during the first 10 months of this fiscal year, media reports said Wednesday. Full Story

Daimler, BMW threaten China rivals over IPR

The China Post - German car makers DaimlerChrysler and BMW have threatened legal action against Chinese rivals which they accuse of making copies of their own models, the Financial Times reported on Wednesday. Full Story

Lower crude prices cuts CNOOC first half profits

The China Post - CNOOC, the country's top offshore oil producer, said Wednesday its first-half net profit fell 10.6 percent to 14.55 billion yuan (US$1.92 billion) due to lower crude prices and windfall tax. Full Story