The Nanchang unit has been ordered to pay a guarantor $1.08bn after failing to come through on its debt obligations

The island nation is looking at $12 billion of overseas debt and fuel and food shortages have led to widespread social unrest

US space agency NASA said Beijing had not shared the "specific trajectory information" needed to know where possible debris might fall

Contraction in energy-intensive industries, such as petrol, coking coal and ferrous metals, contributed most to pulling down the July manufacturing PMI, said a data chief

The PlayStation maker said an end to Covid restrictions, a shortage of appealing new titles and supply chain snarls will hit revenues

What's next for China Evergrande after it offered offshore creditors shares in two overseas-listed units in a bid to solve its liquidity crisis

The ailing real estate group plans to offer sweeteners in the form of shares in two of its overseas-listed units as part of its debt revamp

British companies worried about the West’s relationship with China are cutting ties with the world’s No2 economy

The world’s first and third-largest economies say China’s “coercive and retaliatory economic practices” and the war in Ukraine spurred them to team up

The Japanese currency was boosted by bets US interest rates are close to a peak after the world's biggest economy contracted in the June quarter

Chinese state media said Beijing will avoid using a flood of stimulus to revive its fortunes and will look to boost consumer demand

US lawmakers have approved legislation to subsidise its domestic semiconductor industry to help it compete with China and Taiwan