China is already the world's largest market for car sales. The popularity is apparent on the streets, where traffic can be atrocious.
China's luxury shoppers are moving away from flashy labels towards more subtle displays of wealth.
BYD, Chinese car maker in which Buffett's Berkshire owns a 10% stake, tumbles in Hong Kong trading after negative analyst report.
Pimco CEO Mohamed El-Erian talks fiscal cliff, European crisis, China slowdown and more.
The latest reading on manufacturing in China shows that the world's second largest economy is in the midst of a slowdown.
Global trade in counterfeit goods could top $1.7 trillion by 2015, with knockoffs in chemicals, medicine and other areas carrying serious health and safety consequences.