Tencent cut jobs earlier this year too, alongside the likes of Alibaba, as Beijing’s crackdowns and the economic slowdown take their toll

China is looking to develop its high-tech industries with South Korea’s help while Seoul hopes Beijing can help rein in North Korea

Investor mood was buoyed by Biden and Xi’s positive meeting and signals that Beijing was easing back on its economically painful Covid curbs

Sources claim the American EV maker is pondering shipping vehicles made in Shanghai to US despite new tax credit rules favouring home EVs and batteries

The Asian financial hub’s economy contracted for the third straight quarter with leaders worried about the ‘markedly deteriorating external environment'

Analysts say Covid is the biggest pebble in China’s shoe, dragging on demand and investment in the world’s No2 economy

Asian stocks scaled a seven-week high with investors upbeat after cooler-than-expected US inflation figures and signs China was about to relax its Covid curbs

Chinese banks extended 615.2 billion yuan ($84.86 billion) in new yuan loans in October – about a quarter of September’s 2.47 trillion yuan

Pressure is mounting on Beijing to curb over-zealous provincial authorities who fear being blamed for failing to contain the virus

A hamstrung property sector and slowing domestic consumption are also poised to impact the world's second-biggest economy

Nio still expects deliveries to almost double in the current quarter as it chases BYD and US EV giant Tesla

Indexes across the region were under pressure again with inflation woes and cryptocurrency worries weighing on sentiment