Weak industrial data causes Goldman Sachs and Citibank to cut growth forecasts, while Nomura says China may face a second wave of economic shocks

National securities regulator rebukes PwC Zhong Tian LLP, saying it helped cover up and "even condone" a huge $78-billion fraud in audits of property giant

Group founder was transferred to a centre in Shenzhen a few months ago to allow him to easily communicate with Evergrande executives

China's consumer confidence index slipped to 86 in July, just above the level in late 2022 during the Covid pandemic, while the employment index hit a record low

Only a small portion of a $42-billion lending scheme announced in May to resuscitate the country's housing sector has been utilized

US tech giant is keen to build a large data centre near Ho Chi Minh City, as it has a many domestic and foreign cloud service clients in the country

Staff at PwC's Chinese unit face a 6-month business suspension and a large fine for alleged deficiencies in audits of China Evergrande's accounts, sources have said

Bank of China joins at least another 50 Chinese firms who have either dropped PwC or cancelled plans to hire the firm

Shenzhen developer has been seeking to restructure its $12bn offshore debt since late 2021; bondholders will swap debt for notes and shares in the company, it said

Economists say major intervention is needed if the country is to meet its 5% growth goal this year as speculation rises that Beijing will do more to boost consumption

Clouds over the political outlook could hit policies like the 'digital wallet' and plans for legalized casinos, but the caretaker government claims the budget will not be delayed

Shares of the New Energy Vehicle arm have dropped nearly 40% so far this year despite numerous efforts to salvage its fortunes