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Chart patterns sometimes fail and when they do it is important to adjust analysis to recognize the new situation. The long term cup and handle pattern in the Shanghai Index signaled failure in the last week.

China's automobile market continued its robust growth in January, with sales surging 84 percent from a year earlier, heavily boosted by minivans, China Passenger Car Association said on Friday.

The government's recent efforts to promote the advancement of a three-system convergence - telecom, Internet and TV broadcasting - is expected to boost investments by both telecom carriers and cable TV operators in the coming years.

Individual Chinese investors have triggered a new gold rush - but their assets do not glitter like those of the 19th century Klondike pioneers.

The number of patents filed in China last year rose 17.9 percent to nearly 980,000 applications, a reflection of "significant progress in the country's capacity for innovation", Liao Tao, director-general of the General Office of the State Intellectual Property Office (SIPO) said at a recent press conference.