A Freezing Winter Accelerates China's Inflation
China’s inflation accelerated more than forecast to a seven-month high as the nation’s coldest winter in 28 years pushed up vegetable prices, a pickup that may limit room for easing to support an economic recovery.
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Alibaba Raises Sales Forecast After Beating Estimates
52:42 - Alibaba Group Holding raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company wrings revenue from fledgling areas such as cloud computing, entertainment and search. Bloomberg's Selina Wang reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)