The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"

Dozens of OpenAI staffers have reportedly announced internally that they are quitting the company, and many of them have taken to X to say the firm is "nothing without its people"

While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points

"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock

A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max

The automaker said it expects the car to touch an electronically limited top speed of 260.7 kmph but did not reveal an estimate on the range offered

Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions

Huawei saw its sales surge 83% in the first four weeks of October, according to data from Hong Kong-based research firm Counterpoint

For US businesses, the dinner will particularly be a chance to hear directly from the leader of the world’s second-biggest economy as they search for ways to navigate its economic slowdown

China seems poised to the end the year on a high too, with the final two months of the year seen as seasonally high for vehicle sales

If approved, the new measures will apply specifically to auditors that have been hired by domestic firms or are conducting cross-border work

The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66