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Nothing last year, apart from the booming consumer spending could have demonstrated China’s eagerness to wholeheartedly embrace capitalism better than the fledgling stock market. We give the full story on China’s boldest experiment with the market mechanism, which is proving to be both constructive and chaotic.

In the first of a series of profiles of Chinese organisations, International Trade Research Institute (ITRI) outlines what it has to offer the international trader.

China is a nation of smokers, with an estimated 400 million Chinese lighting up 1,625 cigarettes a year. But while foreign brands still have a certain appeal for young urban Chinese, only three joint venture cigarette companies have been permitted to build factories in China, and 90 per cent of the smokers still buy domestically-produced cigarettes. We review China’s most successful industry.

In the first of our monthly series of profiles of China’s hotels, we talked to Marie Barrymore at the Jing Guang New World Hotel in Beijing ? the tallest building in China ? about what the hotel has to offer.

Western estimates suggest that 11 per cent of global textile output carries a "Made in China" label. We profile one of China’s most important foreign exchange earners the textile industry, in this special report.