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  • China's manufacturing shows signs of stabilizing economy

    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

    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

    Companies

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

    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.

    Chinese news aggregator Toutiao acquires Flipagram

    Chinese news aggregator Toutiao acquires Flipagram

    Toutiao, one of China's most popular mobile news apps, confirmed Thursday that it has acquired Flipagram, a U.S. video creation app.

    Alibaba opens Australian, New Zealand headquarters in Melbourne

    Alibaba opens Australian, New Zealand headquarters in Melbourne

    Alibaba Group Holding Limited on Saturday opened its Australian and New Zealand (ANZ) headquarters in Australia's Melbourne.

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