China's recovery from the global pandemic is losing steam as new Covid-19 outbreaks and floods disrupt business and slow retail spending. Targeted policy tightening is also dragging on growth.
Hacker reportedly offered $500,000 as a reward for returning crypto-assets taken in huge heist this week to a wallet the platform can access – but it is not known if 'Mr White Hat' will accept the offer
China announced plans to build 18 new coal-fired blast furnaces in the first half of 2021, more than the whole of 2020, according to CREA-GEM research; another 43 coal-fired power plants were also proposed
Battery giant CATL wants to fund six projects to boost its output of lithium-ion batteries, including factories in three provinces in China
The financial impact of climate change may trigger six credit rating downgrades in China and Malaysia by 2100, says one study.
Taiwanese tech giant enjoys a growth surge but wary about Covid impact on its supply chain; still, its bosses expect a boost in the third quarter from making iPhone 13 models for Apple
The alleged hacker claimed it was 'done for fun' to expose the vulnerability in the blockchain system, but experts say it's more likely it was too difficult to convert the tokens to cash
Shares of China’s Li Auto fell on their Hong Kong debut. It was the first IPO to test investor sentiment since China’s crackdown on overseas listings.
China's shift into mass-market electric cars is poised to quicken as Nio Inc. announces a new brand to take on Toyota and Volkswagen. Its first sedan and two other new models will launch in 2022.
• State clampdowns raise questions over policy risk, ‘overzealous’ implementation • Xi seen as most powerful leader since Mao, policies...
• Mao Taotao, PR chief at Weibo, is suspected of bribery • Tech companies targeted by regulatory crackdown in recent months...
• KE Holdings shut down VIP real estate service amid antitrust probe • Voluntary acts of ‘self-correction’ expected to become...