Asia

China's government plans to spend $40.3 billion to foster growth in areas of the economy most in need of support, the Chinese cabinet said on Wednesday, but it did not comment on the nation's plunging stock market.

Recent claims that China will become the world’s largest economy in the next decade don't hold water. Here's why. 

The United States and 11 other Pacific Rim countries have reached a sweeping deal to set up a free-trade zone for 40 percent of the world's economy, but the accord on Monday faced initial skepticism in the U.S. Congress.

Chinese stocks plummeted Monday, erasing gains for the year, as fears about the deepening effects of a slowdown in the world's No. 2 economy rattled investors world-wide.

Asian stocks and oil fell on Monday after Wall Street suffered another bruising blow as deepening concerns over the slowing Chinese economy continued to unnerve global equity markets.

China stock markets tanked more than 4% on Friday, taking weekly losses for the main indexes to nearly 12% and casting doubt over Beijing's ability to prevent another bout of panic selling as the market neared collapse again.