162,629 employees who had continued to draw salaries after leaving their posts have been removed from China's state payrolls.

NYC's Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into US real estate.

It has been 14 years since China officially banned console video games, worrying they would dumb down the brains of Chinese youth.

Your Business editor Caitlin Sykes talks with Zheng Li of Zing Design.

The NZ dollar fell to a fresh one-year low against the US amid speculation the RBNZ may have intervened to push down the value of the local currency.

Shareholders in NZX-listed power companies became the first beneficiaries of National's decisive victory in the general election after the market opened on Monday.

The NZ dollar slumped to its lowest in more than a year after RBNZ governor Graeme Wheeler jawboned it through a key support level of 80 US cents.

Shares in Chinese baby-milk maker Beingmate Baby & Child have rallied sharply since Fonterra entered an alliance with the firm, which includes the Kiwi dairy giant buying a 20 per cent stake in its new partner.

A prominent Chinese property developer who allegedly paid "huge bribes" in return for cheap land has fled to NZ.

We read about it or see it in the news every other week. But very few of us can pronounce it, let alone put a name to it. Even fewer of us genuinely understand it.

Xi Jinping's version of what the move to the free market means China-style is said to come down to the "invisible hand of the market guided by the visible hand of Government".

China is now New Zealand's largest trading partner and expansion of economic links with this country will be vital to the New Zealand Government's goal.

Justice Minister Judith Collins' Beijing dinner came after the company made a formal request to NZ ministers to intervene with the Chinese Govt over import barriers.

It is unfortunate that some Government sloppiness about business relationships has clouded the coverage of John Key's trip to China, writes Liam Dann.

Editorial: A recurring worry about this country's economic wellbeing is the potential for it to be rapidly undone by a change of heart in Beijing.

Boosting New Zealand's two-way trade with China to $30 billion by 2020 is achievable but there are risks with New Zealand becoming over-dependent on the Chinese market, says a top economist.

John Key's visit to China has been well covered by the NZ press, but his presence has also made a splash in the Chinese media, with his visit labelled as 'pioneering'.

Presidential invitation a sign that China sees NZ not just as a trading partner but as a 'member of the family', writes Fran O'Sullivan.

New Zealand's economic ties with China have been strengthened with a deal to allow direct trading of the New Zealand dollar against the Chinese currency the renminbi or yuan.

Surging dairy exports to China have pushed the annual trade balance into surplus for the first time in nearly two years.

Strong demand for New Zealand's main commodity exports has prompted the Ministry for Primary Industry to revise up its revenue forecast by $4.9 billion to $36.5 billion.

News that China may have become the world's largest trading nation had an air of inevitability about it, writes Stephen Jacobi. Yet even as we learn to ride the Chinese wave, we need to keep our options open.

The economic omens for New Zealand this year are good.