The finding coincides with news that New York City has banned the Chinese social media app on government devices because of security concerns

Hedge fund boss said China needed to slash its debts as "burdensome debt service payments are freezing the economy, especially at the provincial level"

Debt-laden Chinese builder seeks protection via the US bankruptcy code, which shields non-US firms undergoing restructuring from creditors that hope to sue them or tie up assets in the US

Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread across all of China's provinces

Some China watchers say Xi's focus on security is scaring off the money Beijing is trying to attract. Others say the country is making a painful transition away from its debt-fuelled growth-at-all-costs policy

A fresh crackdown on the country's medical and pharmaceutical sectors, set to last a year, has convinced investors that it may be best to buy the state and sell private sector holdings

Zhongzhi Enterprise Group, which manages over $137 billion in assets, has hired a top accounting firm to help it deal with a liquidity crisis. Its Zhongrong Trust has stopped payments to investors

Beijing's move to slash massive debts in the real estate sector is neutralizing growth prospects, as debt strains from developers and local governments spread across the economy

Recent net selling of Chinese equities was the largest over any 10-day period since October 2022 and one of the steepest moves in the past five years

Analysts say the country's sputtering economic recovery has weighed on the social media and gaming giant's recovery

Intel's proposed merger appears to be a victim of the US-China 'chip war', as it is one of several deals that Chinese regulators have failed to endorse

Experts say the data, which masks underlying weakness in the household sector, "doesn't mean a strong recovery in Japanese economy"