China's biggest private developer says it faces default risks, while creditors prepared to vote on its proposal to delay payment for an onshore private bond; offshore creditors have in talks with a US law firm

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

Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's move

China responds positively to Commerce Secretary's blunt remark that US companies complained to her that China has become "uninvestible"

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

Commerce Secretary has raised many important bilateral issues on her Chinese visit – from firms caught in the "chip war" to climate change and artificial intelligence

A record 38 QDII funds had been launched this year for Chinese investors seeking exposure to foreign assets

Government's optimism that the economy is nearing an end to a period of prolonged stagnation echoes views from the Bank of Japan, which has said corporate price- and wage-setting behaviour is changing

The cause of the malfunction was not clear, but it comes amid an alert over harassing phone calls, likely from China, related to Japan's release of treated radioactive water from Fukushima nuclear plant

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

US Commerce Minister meets counterpart Wang Wentao in Beijing, notes that 99% of their $700bn in bilateral trade does not involve national security; vows to be 'direct, open, practical'