The United States vowed to conduct 'responsible competition' against China and the two nations agreed in principle for their presidents to hold a virtual meeting before year-end, the US said.
Shares of Chinese Estates Holdings jumped as much as 32% on Thursday after it announced an offer to be taken private for $245 million.
Tighter rules on borrowing by private developers since last year have hit demand for land. The value of nationwide land sales fell 17.5% on year in August, a study of state data has found.
Analysts say global investors will demand more transparency and disclosure from riskier bond issuers in China and Asia, and better returns, given Evergrande's shambolic financial state
The two super powers have pledged to boost communication amid deepening rivalry. But with 148 military planes flying over Taiwan in recent days, the US wants Beijing to ease tensions
The USTR office is looking for feedback on plans to revive a targeted tariff exclusion process for imports from China involving 549 import product categories
Korean battery giants powering many of the world's electric vehicles say they face a shortage of research and engineering specialists as demand for the technology surges
China is releasing Australian coal from bonded storage, despite an unofficial import ban imposed a year ago, as it scrambles to ease a national power crunch caused by a coal shortage
Indian companies continued to benefit from a recovery in demand as the pandemic receded and restrictions were lifted, but there are concerns about inflation.
Tai will leave in place most of Trump's tariffs on Chinese goods as she launches discussions with China's Vice Premier Liu He.
Sinic Holdings became the latest developer to be downgraded, while homebuilder Fantasia Holdings' dollar bonds lost nearly half their market value in a selloff on Monday.
Regardless of who was to blame for changes to World Bank data in 2017 that benefited China, the scandal has hurt the reputation of both institutions, former staff, officials and experts say