The deal will allow the vast Japanese conglomerate, which has been plagued by scandals and controversies in recent years, to become a private entity and one that is back in local hands

Senior Chinese officials were allegedly told that former foreign minister Qin Gang lost his job after an investigation found he had 'lifestyle issues'

Shares of Sunac rose on news of debt deal approval, then sank after its move to seek bankruptcy protection in the US. Country Garden also won backing for an extension of repayments for an 8th onshore bond

Sections in China's anti-espionage law, which was updated in July, ban the transfer of any information related to national security and interests, without defining those terms

Citic Trust and CCB Trust will examine Zhongrong's current operations and help the firm come up with a repayment plan, but there are serious doubts on how much money investors will get back

Shares of China Evergrande plunged after trading opened on Monday, after the arrest of staff of its wealth management unit, while Country Garden also fell as it faces a new repayment deadline

The sanctions against Lockheed Martin and Northrop Grumman would be imposed via China's Anti-Foreign Sanctions Law, a foreign ministry official said on Friday

A survey of market watchers has forecast that the PBOC will boost liquidity this week, but keep policy loan rates unchanged

China's Ministry of Commerce said Europe's anti-subsidy investigation would have a negative impact on China-EU economic and trade relations, as local carmakers' shares slid on Thursday

EC move follows concern over the flood of Chinese electric vehicles into Europe amid fear that Beijing's subsidies for car and battery makers are a threat to the continent's production of EVs

Researchers from Microsoft and other groups say China was behind fake social media posts that claimed fires in Hawaii last month were caused by a secret "weather weapon" made by the US

Authorities in the financial hub shut schools, the stock exchange and told workers to stay at home after over 200mm of torrential rain brought by the second typhoon in a week