Yuan drops to 7.1747, with analysts saying markets expected bigger support and were hoping for a larger lending rate cut

Bill Ford, the great-grandson of company founder Henry Ford, also addressed criticism from US senators like Marco Rubio on the automaker's plans to partner with Chinese battery company CATL

With weakening growth and youth unemployment hitting a record high, Beijing's push for wealth equality and crackdown on corruption has China's financial sector worried

Chinese president hails agreement on issues with top US diplomat, but talks did not appear to make much progress on differences over Taiwan, trade, rights, fentanyl or war in Ukraine

The island's foreign minister said his government would not block investment in Europe, but the continent needed to "consider a broader picture" and think on Taiwan's 'situation'

The move is China's latest effort to enable the internationalisation of the yuan and protect its economy from capital outflows and geopolitical risks

US officials have played down the prospect of a major breakthrough in China-US ties, but say Blinken's primary goal is to establish durable communication channels with Beijing

Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks

The move by Rome’s right-wing administration aims to curb Chinese influence on one of Italy's most storied companies, whose data-collecting technology in tyres it says is key to national security

Prior to sanctions imposed by the West, which cut Moscow off from international financial systems, Russia made the dividend payments in dollars

Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development

The investment, in a chip packaging facility in the Chinese city of Xian, will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology