US and China in investment talks

China sets sights on rail record
China plans to produce the world's fastest bullet train for a new rail link between Beijing and Shanghai.

Price controls hurt China refiner
Profits at Asia's biggest oil refiner Sinopec fall as price controls prevent the firm from passing on record crude costs.

China shares up from 20-month low
China's main share index rebounds from a 20-month low on talk that Beijing will introduce an economic rescue plan.

Growth concerns dent China shares
China's main share index falls by 5.3% to a 20-month closing low on fears that slowing growth will dent corporate profits.

Chinese retail sales still strong
Sales of goods in China's shops grew by 23.3% in July, figures show, the fastest rate in a decade.