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Rising prosperity in China and India is a major factor in the outlook for global energy demand, says EIA.
Flooding in China this year has left at least 337 people dead and 213 missing, says China's flood control authorities.
Bo has been charged with bribery, embezzlement and power abuse, according to legal authorities in Jinan City.
China’s new leadership has stressed on the need to boost domestic consumption to lessen dependance on export-led growth.
A 6.6 magnitude quake jolted the border of Minxian and Zhangxian counties at 7:45 am on Monday.
An emergency-response plan has been initiated by the China Earthquake Administration.
Emerging countries fear an exodus of capital from their markets as they battle currency volatility.
The floor limit for lending interest rates will be cancelled.
Forty-four per cent of Americans named China as the world's most powerful economy.
