Another 13 companies in China, Hong Kong and the UAE have been hit with US sanctions for helping to sell "hundreds of millions of dollars" of Iranian oil and oil products to buyers in East Asia

Asia-Pacific is no one's backyard and should not become an arena for big power contest, the Chinese President said

Hong Kong's Hang Seng Index tumbled 2.7%, with its tech stocks slipping more than 5%. Mainland Chinese shares also declined, with blue chips falling 1.2%.

China appears have made a key step forward in resolving a longstanding bilateral dispute, but sources say a broader review of work done by China-based auditors is still going on.

This was Yellen's first in-person conversation with a top Chinese economic official amid lingering tensions between Washington and Beijing

"We're going to compete vigorously. But I'm not looking for conflict," US President Joe Biden said after meeting Xi on the sidelines of the G20 summit

The White House said before the meeting it was unlikely to produce a joint statement, as relations between the two sides are at their lowest in decades

TikTok is on track to generate close to $10 billion in ad revenue this year, eclipsing the likes of Twitter and Snapchat, NYT said

A source said the group made the move partly because of concerns about a backlash in Washington against bankrolling the Chinese government with US capital, the report said.

US Treasury officials said Yellen was keen to discuss China’s plans to ease its Covid restrictions and how it will deal with problems in its property sector when they get together.

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 chip firm reported flat revenue growth in the third quarter as it faces challenges from US export restrictions on China, SCMP said