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China's online retail sales posted robust growth in the first quarter of the year, reflecting a changing consumption pattern, official data showed.

China's deleveraging push is a long-term and crucial part of the economy's restructuring efforts. This is a welcome and healthy process as long as it's managed carefully, and will upgrade the quality of economic growth for the country going forward. As deleveraging continues, we expect there will be more foreign investment interest and opportunities as investors look more favorably and optimistically on China's fundamental growth outlook. This is of course also positive for Deutsche Bank's business in China, as we are well positioned to help inbound investment into China, given our strength in cross-border work, not just for capital markets, but also in advisory.

China's customs authority said earlier this month that they had detected the novel coronavirus in the packaging of imported frozen shrimps, raising concerns that the low temperatures in the cold chain could help the virus sneak into the country.

China's courier industry is expected to be handling 1 billion parcels per day within five to eight years, but few couriers have developed the capabilities needed to cope with that astonishing amount, said Jack Ma, Alibaba's billionaire founder and chairman.

China's new yuan-denominated lending in December stood at 584.4 billion yuan, falling short of expectations and marking the lowest since April 2016.