London (CNN Business) 1. A boost for Chinese markets: Chinese stocks finished the week on a positive note after the Trump administration shelved its threat to sharply increase tariffs on $200 billion of Chinese exports.

The tariffs on Chinese goods had been set to rise from 10% to 25% on Saturday. But US trade officials said in a statement Thursday they would file documents to suspend the hikes "until further notice."

The Shanghai Composite gained 1.8% on Friday, while the smaller, tech-heavy Shenzhen Composite added 1.2%.

There was also some positive economic data out of China, where an unofficial gauge of manufacturing activity rebounded in February. Still, economists warn the bounce may be temporary.

"While there are signs that credit growth is starting to bottom out thanks to policy support, the usual lags mean that last year's slowdown in lending will probably continue to weigh on economic activity until at least the middle of this year," Julian Evans-Pritchard, senior China economist at Capital Economics, wrote in a research note.