Information Technology minister said the move on Friday, which follows a long dispute over the group's service fee charges, 'cannot be permitted'

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies

China's top 100 developers saw contracted sales of 185.7 billion yuan ($25.8 billion) during the month – a year-on-year decline of more than 60% and a 21% drop on sales in January

US president has strong political motives for ordering a US review of the security risks presented by Chinese vehicles, analysts say

The state-funded platform called 'Supermind', at a information centre in Shenzhen, aims to be a database on key facets of science and technology, plus experts in the most significant fields

Policy advisers expect the National People's Congress next week will focus on near-term support for the country's sputtering economy, rather than bold policy reforms

Deutsche Bank is preparing to file a liquidation suit against Shimao in a Hong Kong court this month - a rare move by a foreign firm that stems from disappointment over the builder's debt rejig plan

The White House said the probe could lead to restrictions being imposed on Chinese EVs due to concerns about "connected" car technology

Hanoi looks to have denied SpaceX's request for an easing of rules on foreign ownership of telecom firms with network infrastructure

Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan, pan-Asia funds and other strategies

US scientists to work with Singapore's water agency to build a plant that can remove 10 tonnes of carbon dioxide a day. Their firm then plans global deployment of the new CO2 removal tech

BMW plans to build a battery factory for electric vehicles in Rayong, on Thailand's eastern seaboard this year, to take advantage of Thai government incentives for local battery makers