Apple Inc shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception and two analysts cut shipment forecasts.

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Mr Thayer says that, given the disputes, China's offer will get a cool reception from oil firms.

ECONOMIST: The South China Sea

As Chinese businesses look around America for bargains, they will get a mixed reception: sellers are eager for China's cash, but worried about the survival and security of Brand America.

ECONOMIST: Round and round it goes

In China's bigger cities children often start learning English in reception year.

ECONOMIST: The craze for teaching Chinese may be a misguided fad

The pricey 920 has received a strong reception in Germany and is off to a promising start in China.

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