The EU urges China to curb smuggling to Europe, saying counterfeit cigarettes alone deprive the EU of 10bn euros (£8bn) in tax revenue annually.

Positive manufacturing reports from China eases concerns over a slowing Chinese economy.

The US government decides to drop an investigation of China’s currency policy, avoiding a possible trade dispute.

The US government prepares to decide on Tuesday whether to escalate a dispute with China over its currency policy.

Two of China’s biggest banks report big increases in profits as government stimulus measures boost lending.