Gold prices are also feeling some selling pressure this week from the fact China is celebrating the lunar new year this week, which has curtailed physical demand for the precious yellow metal coming out of Asia.
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Turning back to New Year festivities, The Beijing News recaps the highlights of Saturday's China Central Television's New Year evening gala, one of the most-watched television shows on Earth.
The Foreign Ministry did not immediately respond to faxed requests for comment on Tuesday, a public holiday in China marking the Lunar New Year.
At the start of this year, China enacted new legislation, the Law on Renewable Energy, which promotes cleaner energy technologies.
In 2003 the company's treatment for head and neck cancer, which accounts for about 10% of the 2.5m new cancer patients in China every year, gained the first commercial approval of a gene-therapy treatment.
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Fireworks are traditionally set off in China to celebrate the Lunar New Year, which is just over a week away.
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China ushered in the Chinese New Year earlier this week.
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Turning back to the New Year, China Daily says many people are at a loss on how to coin Year of the Snake greetings, as the reptile has negative connotations in Chinese culture.
You'd think that with double-digit industry sales growth in the first half of this year, China's richest retailers would have an easy time increasing their wealth from a year earlier on the new Forbes China Rich List.
Trading was thin, with many of the region's markets, including in Japan, China, Australia and Singapore, closed for the New Year holiday.
The move by some luxury hotel chains in greater China to ban shark fin soup ahead of the Lunar New Year was symbolic of a new day and part of a worldwide push.
Dealers attribute it to the advent of Lunar New Year in China and wedding season in India.
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Reports overnight said demand for gold from China has increased markedly as the new year is under way.
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However, some analysts tempered the enthusiasm, saying trade data for China is unpredictable at the beginning of the year because of the Lunar New Year holiday when many factories shut down.
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At the end of last year, China witnessed its worst winter drought ever delaying the plantation of new cotton crop in the Hubei province of China.
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It should sell 40% of the expected 170 million new phones sold in China this year, more than any other manufacturer.
China's biggest holiday, the Lunar New Year, began Monday.
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Most analysts blamed the timing of the Chinese New Year holiday for the surprising figures, which looked a lot better in January for China investors.
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China is on holiday all week for the Lunar New Year.
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Raising equity at that valuation is out of the question, and with conventional bank loans in China having a maximum term of one year, Tri-Tech turned to the bond market, a new source of capital in China, to obtain longer term financing.
The New Year celebrations see factories and businesses in China being shut for many days impacting production of goods.
The clever premise of Chan's slightly futuristic novel, to be published in English next year, is that in the year 2013 China has emerged triumphant from a new global financial crisis.
Companies have altered ordering practices but are still closely watching China as workers return this week from the long Lunar New Year holiday, worried that fewer workers are going back to their factory jobs.
Some 29 new members of the Forbes Billionaires List hail from China this year.
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Last year saw China exchanges raise triple what the New York Stock Exchanged raised from initial public offerings.
Last year the company opened a new restaurant in China every fifteen hours.
The rise follows a deal reached with China last year to grant new legal protection for any product labelled as 'Scotch Whisky'.
In China, the Dong Zhi festival is second only to the Chinese New Year.
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Of China Mobile's 14m new customers in the first half of this year, 95% took this option.
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