Shares of China's largest private developer sank nearly 11% on Tuesday after it warned liquidity is very tight and it faces uncertainty on the sale of assets and restructuring of its debts

Xi told the US delegation: "How China and the United States get along with each other in the face of a world of change and turmoil will determine the future and destiny of mankind."

The EU is considering a probe into Chinese subsidies for wind turbines, after local firms said cheap Chinese imports were pushing them to near-collapse

Bondholders of China Evergrande express surprise at debt plan failure, fear it faces liquidation, while Country Garden may announce a restructuring of its offshore debt soon

Taiwan is investigating four firms accused of conducting business with companies linked to US-sanctioned Huawei in China, saying it will soon unveil tighter rules on 'key technologies'

Groups have lodged a complaint with the Human Rights Commission, saying state weapons suppliers have sent arms to the Myanmar military since the coup, possibly without the President's knowledge

President-elect Mohamed Muizzu said supporters of his party do not want foreign military personnel in the archipelago nation

Analysts say officials may have vetoed the group's debt restructuring and that a risk management committee is likely to step in to deal with the company's unfinished projects and huge debts

China's commerce ministry said it was "very much dissatisfied" with the anti-subsidy investigation as it lacked adequate evidence and did not conform with World Trade Organization rules

The US has imposed sanctions on 28 people and entities, including a large Chinese network, accused of smuggling fentanyl precursor drugs and causing a vast number of deaths

Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers

US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year