Biz China Weekly

China's manufacturing shows signs of stabilizing economy

China's manufacturing sector has expanded for the sixth month in a row, a sign the economy is stabilizing amid an uncertain global outlook.

Finance

China signals neutral monetary policy with rate hikes

On the first working day of the Year of the Rooster, China's central bank surprised financial markets by raising lending rates to banks, widely interpreted as a shift towards neutral monetary policy as economic fundamentals improve.

Trade

UnionPay cross-border transactions surge in Spring Festival spree

The Chinese splurged this Spring Festival with the number of UnionPay overseas transactions rising nearly 40 percent year on year, the operator revealed Friday.
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China means opportunity to 500 mln EU consumers: European expert

A European expert on China-EU cooperation has expressed optimism over the perspective of collaboration between Beijing and Brussels.
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Companies

Apple's iPhone loses sales crown to Oppo's R9 in China in 2016

Apple Inc's iPhone last year lost the title of the best-selling smartphone in China for the first time in four years, highlighting the mounting challenges it faces from local smartphone vendors, a new report said.