But interbank lending is a bedrock part of the legitimate financial system and some foreign banks are feeling caught up in China's crackdown.

As some American kids get a snow day, some Chinese students are getting a pollution day today.

China's central bank officially barred Chinese banks from offering services connected to the virtual, digital currency Bitcoin. The government also issued a new set of regulations for Bitcoin exchanges in China.

Not a comfortable spot to be in.

Today, the Japan Nikkei Index went up another 1.8 percent to get very close to a six year high.

Authorities in China have opened up an antitrust inquiry against wireless company Qualcomm.

The international hit British television show is being watched by 160 million people in China. But that doesn't mean the producers are making money off of that success.

After China issued its 20,000-word reform document Friday night, the media’s focus was on proposed changes to the one-child policy. But there were a slew of ambitious economic reforms in there, too.

China to ease restrictions on one-child policy among other reforms.

China said today it's easing its one-child policy, but economics could still stand in the way of more children.