If true, the development of a homegrown 5G chip would mark a win for China's local semiconductor sector, which has seen stock market gains of roughly 8% so far this week

The surprise move, which was part of a slew of measures to bolster the stock market and investor sentiment, threatens to close one of the few bright spots in the country's financial sector this year

Shares of the still loss-making automaker have rallied more than 333% over the past five days, reaching a valuation of roughly $190 billion

The deal is another shot in the arm for the currently loss-making startup, coming on the heels of a stake sale to, and partnership with, Germany's Volkswagen

China’s blue-chip CSI300 Index has dropped to nine-month lows, and is down 11% from an April peak

The US commerce secretary said she would tell Chinese officials, "when it comes to national security we don't negotiate. We don't give concessions. We don't compromise"

On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock

The country's central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation

Xi was the only state leader personally received by President Cyril Ramaphosa at the airport; in contrast Indian prime minister Narendra Modi was met by Ramaphosa’s deputy

New Delhi will move slowly in considering the tax cut as any lowering of taxes on imported EVs could disrupt the market and upset local players, sources said

TSMC has previously blamed a "lack" of skilled workers for the slow pace of the fab's construction and also lobbied to bring more Taiwanese workers to help finish work the site

The Indian mission was accomplished with a budget of about 6.15 billion rupees ($75 million), less than the cost to produce the 2013 Hollywood space thriller "Gravity”