China, Japan and South Korea intend to start a first round of talks next year about a free-trade agreement despite the row over islands in the East China Sea. Chinese Vice Foreign Minister Fu Yin played down the impact of the spat, saying, “We do not want to give overemphasis to the territorial ... GlaxoSmithKline ( GSK -1.6% ) says it plans to open an R&D facility in China to research traditional Chinese medicine. The company will attempt to develop modern drugs based on the traditional treatments. Zang Jingwu, SVP and head of R&D China says "Traditional chinese medicine is a ... UNITED NATIONS, Sept 27 (Reuters) - The islands at the center of a territorial dispute between Japan and China were seized from the Chinese in 1895 and the Japanese government's recent purchase of them is "illegal and invalid," Chinese Foreign Minister Yang Jiechi said on Thursday. China Mobile CHL unveiled an ambitious plan to expand the 4G TD-LTE network coverage to 100 Chinese cities by the end of 2013. In a speech delivered at the annual Mobile World Congress being held in Spain this week, the carrier's board chairman Xi Guohua expected the 4G network to be supported by ... MasterCard ( MA +0.5% ) signs a deal with the Agricultural Bank of China to provide financial services to outbound Chinese tourists. Last year, 80M Chinese tourists went abroad, up 15% from the previous year. 1 comment! BEIJING, Nov 23 (Reuters) - China said on Wednesday that Libya was ready to compensate Chinese companies, raising the possibility that Chinese businesses that suffered losses during the country's unrest may receive some payment. Some Asian Apple ( AAPL -1.8% ) news: 1) The iPad Mini has launched to sparse crowds in China. The regular iPad controlled 71% of the Chinese tablet market in Q3, according to Analysys. 2) China Unicom ( CHU ) took over 200K iPhone 5 pre-orders in its first 2 days of availability. Unicom is fully ... General Motors ( GM ) says sales in China fell 11% Y/Y in February as the Chinese New Year fell into a different month than last year. For the year, the automaker and its joint ventures has sold 525,835 units in China, up 7.9% from last year. Post your comment! A solar trade war between the EU and China looks inevitable. EU customs officials will start registering Chinese module imports tomorrow, a move that could pave the way for tariffs. The EC has until June 6 to impose provisional tariffs; EU member states have until Dec. 5 to vote on definitive ... BEIJING, Sept 26 (Reuters) - Eleven Chinese ministries and government agencies are test-driving China-made electric cars and more will follow suit, state news agency Xinhua said, in the latest show of state support for the country's fledging green vehicle industry.