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BEIJING - China's graft busters have asked for more efforts in the investigation and punishment of "protective umbrellas" -- officials who shelter criminal organizations by concealing their crimes and shielding them from punishment -- in a campaign against organized crime.

BEIJING - JP Morgan Broking (Hong Kong) Limited has applied to set up a majority ownership securities firm in China as the country takes steady steps to open up the sector to foreign investment.

BEIJING - Chinese tech firm Xiaomi saw robust smartphone sales growth in the European market in the third quarter of the year, according to a report by global technology market research firm Canalys.

BEIJING - China's property market continued to show signs of cooling as home prices fell or posted slower growth in major cities amid tough control policies, official data showed Monday.

BEIJING - China's central bank conducted 140 billion yuan (.5 billion) of seven-day reverse repos and another 130 billion yuan of 14-day reverse repos on Friday.