The funding puts the industry in the tricky position of pushing for grants but facing headwinds to investment in Chinese factories and financial backing of Chinese startups

E-commerce giants Alibaba, JD.com, and Meituan all closed up more than 15% while the Hang Seng Tech index climbed more than 10%. 

With electric vehicle demand soaring Tata Motors now plans to produce more than 80,000 this financial year, which would be more than four times its output in 2021

Germany is seeking closer ties with countries that share its democratic values in the Asia-Pacific region, such as Japan, Australia, South Korea and India, Schultz said

China's biggest Covid outbreak since Wuhan has raised further scepticism on the country's data. Critics say there is little transparency

The move by China's version of Twitter is aimed at countering malicious disinformation and other posts that are seen as "bad behaviour"

Leading car maker revealed for the first time last week that nearly half of its vehicles made in the first quarter were equipped with lithium-iron-phosphate batteries

An exodus will hurt Shanghai's ambition to be a regional financial centre and could be bad news for foreign firms that expanded operations in the city over the past few years

Chinese officials suggested to Colombo they would prefer to refinance the bilateral debt, Media Minister Nalaka Godahewa said on Tuesday

Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says

New law restricts firms from releasing real-time data, which is a big concern for trading companies and logistics managers trying to follow supply chain movements

Residents in Beijing were preparing for a possible nightmare scenario, rushing to buy food, toilet paper and other supplies, as the city's biggest district started testing 3.5m residents.