Biz China Weekly

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Economic Watch: China's economy shows signs of stabilizing, but risks remain

China's economy is showing more signs of stabilizing with improved growth momentum in October, although the foundations for a sustained recovery are still not solid enough.

Trade

On a foggy Friday morning in Zhengzhou City, a train loaded with 80 Bentleys and Land Rovers pulls in, drawing a large crowd.

In-depth

  • By floating an emergency plan for local government debt risks Monday, China has addressed an issue that has made headlines for years.

  • China's yuan fell for a ninth consecutive day on Wednesday, but experts believe there is no basis for substantial depreciation in the longer term.

Industries

China will lower retail prices of gasoline and diesel due to falling international crude prices, the top economic planner announced on Wednesday.

China's red-hot property market has shown more signs of cooling down following a series of targeted measures, as the country's economy grows on steady footing.

Crack. Loaded with heavy snow, a willow branch snaps on to the roof of an SUV parked outside Yili Iron and Steel, a steelworks in northwest China.