China's economy matched the government's ambitions for 5% growth last year, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.

Exports accelerated as companies and consumers rushed to beat potential tariff hikes incoming President-elect Donald Trump may impose on Chinese goods. “The national economy was geerally stable with steady progress and new achievements were made in high-quality development,

Concern over China's embattled property sector has deepened after state media reported the detention of China Vanke's chief executive and said authorities are overseeing operations, sending the developer's shares plummeting on Friday.

Vanke's financial woes became public early last year after the firm sought to extend the maturity of its debt as its monthly sales plunged below break-even levels. It was ranked N

The top executive of China Vanke Co., one of the country’s largest property firms, was taken away by police, the Economic Observer reported, citing unidentified sources.