Analysts say officials may have vetoed the group's debt restructuring and that a risk management committee is likely to step in to deal with the company's unfinished projects and huge debts
The conclusion of Capvision’s ‘rectification’ process is the latest development in China’s sweeping crackdown on consultancy and due diligence firms this year
Officials in the Philippines are investigating the death of three Filipino fishermen killed after their boat was hit by a "foreign" vessel near Scarborough Shoal in the South China Sea
China's commerce ministry said it was "very much dissatisfied" with the anti-subsidy investigation as it lacked adequate evidence and did not conform with World Trade Organization rules
The US has imposed sanctions on 28 people and entities, including a large Chinese network, accused of smuggling fentanyl precursor drugs and causing a vast number of deaths
Several app developers have taken to social media to voice concerns over Apple's decision, fearing the tech giant may further tighten rules to fully comply with China's tightening regulations
Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers
US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year
Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer
Tokyo banned exports of all vehicles to Russia but subcompact cars in August, hitting a trade nearing $2 billion annually that boomed in the shadow of sanctions over Ukraine
The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam
Bank of Japan Governor Kazoo Ueda says there is "still a way to go" before the BOJ ends its stimulus policy, but noted that the cost of the move was not a factor for the central bank