China's manufacturing PMI grows at fastest pace in over 2 years
China's manufacturing sector posted its best performance in more than two years, adding to signs that the world's second-largest economy is stabilizing, official data showed Tuesday.
Financials
![Yuan strengthens against a basket of currencies in October](../titlepic/111987/1119872328_1478582172178_title0h.jpg)
Yuan strengthens against a basket of currencies in October
The Chinese yuan strengthened by 0.16 percent against a basket of currencies in October despite weakening against the U.S. dollar, according to data released by the China Foreign Exchange Trade System (CFETS) Friday.
In-depth
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Service sector accelerates amid economic rebalancing
Business activity at service companies grew at a moderate pace, with total new order growth strengthening at the start of the fourth quarter, the survey said.
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Credit risk under control as bad loan growth slows
The latest quarterly reports of Chinese banks pointed to milder growth in bad loans, adding to evidence the country's credit risk is under control albeit increasing.
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Industries
![China Focus: Hopes flying high for China's air market](../titlepic/111987/1119872356_1478582157030_title0h.jpg)
China Focus: Hopes flying high for China's air market
The world's major aircraft manufacturers have high hopes for China's aviation industry, with predictions that the country will be the world's biggest civil aviation market in 20 years.
![China Focus: Coal price fever chills power plants](../titlepic/111987/1119872350_1478582050792_title0h.jpg)
China Focus: Coal price fever chills power plants
North China has been caught by sudden cold snap with temperatures already sub-zero, but local power plants have been feeling the chill for a long time as soaring coal prices stripped their profits away.
![Xinhua Insight: China keeps asset bubbles in check as economy stabilizes](../titlepic/111987/1119872344_1478581980475_title0h.jpg)
Xinhua Insight: China keeps asset bubbles in check as economy stabilizes
In a popular residential district near Beijing's South Fourth Ring Road, a real estate agent, Zhao, strolled out of his office and exchanged jokes with his colleagues.