Fitch Ratings says new-energy vehicles will continue to see strong growth next year as more motorists ditch petrol cars. It says EVs will account for 35% of car sales on the mainland in 2023

Economic activity in the fourth quarter "is crucial for full-year growth", according to the State Council meeting chaired by Premier Li Keqiang, who said now was a "critical time" to bolster the economy.

A dozen members of staff said they were in "disbelief" at UK ministers ordering China's Nexperia to sell its 86% stake in the plant and travelled to Westminister to protest at the decision

Stellantis plans to produce dozens of electric models in the coming decade, but its CEO Carlos Tavares has said it could be five or six years before affordable battery EVs are created

Nomura analysts estimate that more than one-fifth of China's total GDP is under lockdown, a figure that exceeds the size of the British economy.

Veteran opposition leader will lead Malaysia's next government with the support of a key bloc of former Barisan Nasional MPs, but the road ahead could be rocky

Taiwanese tech giant said a "technical error" occurred when hiring new recruits at its huge iPhone factory. The company has now done deals with employees to resolve protests at the plant

CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets

Three state banks said on Wednesday they would provide hundreds of billions of yuan in credit to Vanke, Longfor and other debt-laden developers to support the embattled sector

Internet firms could be hit with fines of up to 5% of annual revenue for unfair practices under amendments proposed on Tuesday to the competition law

Videos showed a protest on Wednesday by hundreds of workers over pay and conditions at the massive Zhengzhou production facility in central China

Swiss global investment bank has cut about 30 staff - 20 of its banking team plus 10 researchers in China, amid the slowdown there and elsewhere around the world, sources have said