China’s benchmark stock index extended the biggest five-day rally in eight weeks as Chongqing Changan Automobile Co. led gains for consumer-discretionary shares and China Petroleum and Chemical Corp. rose. Banks fell.
Manchester Airport will add Hong Kong flights operated by Cathay Pacific Airways Ltd. to its network and is targeting services to Beijing as U.K. terminals vie for connections to fast-expanding Asian markets.
Passenger-vehicle sales in China gained 9 percent last month, as deliveries rose from General Motors Co. to Toyota Motor Corp. and consumers brought forth purchases on concern more cities will limit ownership.
The collapse of a Chinese developer in a city south of Shanghai foreshadows a shakeout among the nation’s almost 90,000 real estate companies as the government reins in credit and the housing market slows.
China and Germany plan to boost a railway route between their countries as President Xi Jinping prepares to welcome a cargo train packed with laptops and electronics in Duisburg, the world’s biggest inland port.
Beijing’s usually clotted skies were relatively clear for a few days, a welcome improvement that some residents of the Chinese capital generously attributed to the presence of American First Lady Michelle Obama.