Korean giant sees 10-fold rise in first quarter profit to over $52 billion, says strong AI demand will tighten supply of high-end chips. It plans to make the industry's first 12-layer chip

The CCP's central committee will stage its 3rd Plenum in July. "We are planning and implementing a series of significant measures to comprehensively deepen reform," Xi said in March

Official surveys of manufacturing and the service sector show economic momentum eased in April, although a private Caixin survey was slightly more positive

Rally appears driven by speculation the CCP Central Committee will loosen property policies this week and inject stimulus to boost sales

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