The e-commerce giant has abandoned plans to list its cross-border logistics unit and is offering minority shareholders of Cainiao a chance to sell their stock for $0.62 per share
A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments for Russian oil
Profits jumped by 10% in the first two months of 2024, data from the National Bureau of Statistics showed, suggesting that economic conditions are improving
Sources say the meeting was deliberately scheduled separately from the China Development Forum held this week, where an event between Premier Li Qiang and visiting foreign CEOs was axed
Beijing on Tuesday accused the US and Britain of slandering and smearing China and urged them to stop politicising cybersecurity, and imposing unilateral sanctions on the country
US chipmakers Intel and AMD, plus software giant Microsoft are likely to be hit hard as China ramps up its push to replace foreign tech with locally made products, analysts say
Chinese EV battery-maker is in talks with Tesla and other automakers to licence its battery technology in the United States, new report says
Korean chipmaker plans to build a cluster of four fabrication plants in Gyeonggi near Seoul, with work to begin next year on the $90-billion project, which could be the "largest fab complex in the world"
Global PE community "really circumspect about investing" in China. PE-backed M&A in Asia totalled $13.5bn from January to March 19, down 32% from the year earlier, LSEG data showed
Vice Commerce Minister Guo Tingting said "China will fully guarantee national treatment for foreign companies", but did not explain how it would do that
Foreign investment into China fell 19.9% in the the first two months of 2024 from the amount in January-February last year to 215 billion yuan ($30 billion), the Commerce ministry said on Friday
Millions of Japanese are sizing up how to adapt to higher borrowing costs after many years of deflation, when prices, wages and costs changed little