Chinese foreign ministry urges the US not to implement the "negative, China-related" parts of the military aid package passed by Congress last week

The base pay of investment bankers at CICC has been cut 25%, sources say, amid the economic slowdown and sluggish IPO returns

Sources say the agreement with China's top internet firm on use of its data on China's public roads clears a final regulatory hurdle for Tesla's driver assistance system.

Heightened risk of US sanctions has caused China's big banks to go cold on financing Russia-related transactions, trade and banking sources said

Western military chief said Beijing's help was vital to Moscow's war in Ukraine, as it props up Russia's war economy by sharing high-end tech such as chips

Bytedance would rather shut the app if it runs out of options to fight a forced sale of TikTok's US operations, group sources say, claiming its algorithm is too valuable

President Xi was reported to have told the top US diplomat that China and the US should be “partners, not rivals” and avoid engaging in “vicious competition.”

After Biden's swift presidential endorsement, attention is now turning to whether TikTok can win a legal fight against the divestment order

Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China.

Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids

Prosecutors say Zhao, who faces sentencing in a Seattle court next week, should serve 36 months in jail for serious money laundering offences. Meanwhile, a Binance exec is languishing in a jail in Nigeria amid a legal row over 'unpaid taxes' and other 'crimes'.

Secretary of State Antony Blinken is set to fly to Beijing to outline this threat in a bid to stop China's financial backing for Russia's military production