Graft agency says Hangzhou's top official is being investigated for serious violations of discipline and law and local party members are now facing scrutiny over business links in the city.
Interbank money rates were up in China on Monday, amid tightness in cash conditions and worries over the hike in local government bond issuance following the recent Politburo meeting.
Companies supplying US manufacturing plants have enjoyed a huge jump in business since President Biden announced his push for electric vehicles
Fears over the Delta variant, the US Fed's plans to taper outlays and China's intensifying regulatory crackdown have slowed the pandemic recovery and deflated global markets
China Telecom, one of three Chinese telcos delisted by President Trump in January, sees its shares surge nearly 20% in the world's biggest IPO this year
Chinese tech stocks slumped after the passage of a new law to protect online user data privacy that triggered investor concerns about the extent of Beijing's regulatory crackdown
Tesla boss Elon Musk says a 'Tesla bot' that can do a range of work will be ready in 2022, but that claim has already been damned as 'hype' by a sceptical US professor
Evergrande is in talks with the smartphone maker Xiaomi and state investment firms to sell a significant minority stake in its EV business to help pay off its massive debts
Major banks and foreign businesses are anxious to understand how China's new law may affect them and their operations
Alibaba plunged 5% and other tech firms sank in Hong Kong on Thursday after Tencent's president warned that Beijing's regulatory crackdown is far from finished
Car production at Toyota plants will reportedly be slashed by hundreds of thousands next month because of the global chip shortage
Beijing plans to create state-owned companies for emerging industries such as new energy and high-end computer chips