The move follows a call by the financial regulator for companies to unwind cross-shareholdings, which are seen as spurring lax governance
US backs a UN resolution aimed at boosting international cooperation on AI capacity-building, but China's envoy says America's ban on AI investment in China is problematic
Top Chinese carmaker has enjoyed steady growth at home, selling 426,039 EVs in the second quarter, based on monthly totals
Last month, China became the first country in the world to bring rock samples from the far side of the moon back to Earth
The news comes amid a prolonged capital market downturn in both the former British colony and on the mainland, plus growing Sino-US tensions
Break-neck expansion in China’s renewable energy capacity has led to more power generation than the country’s grids can handle — something recent data affirmed
A huge graft scandal, which has caused a big purge of officers in the PLA, is likely to set back conflict in Taiwan or the South China Sea, analysts say
A state survey showed manufacturing fell for a second month in June, while services sank to a five-month low; but the smaller Caixin/S&P survey indicated a strong pickup in foreign orders
The new rules, which take effect in October, say the State Council will establish a rare earth product traceability information system. They also seek to protect domestic supply of critical minerals.
Once the biggest car seller in China, Toyota has seen its popularity drop in the country as it continues to play catch-up on EV tech
The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions
President Widodo has ordered an audit of two state data centres after officials admitted most information at one was not backed up; 230 ministries were affected, but services could take weeks to restore