Negative sentiment among factory managers appears to have become entrenched in the face of weak demand at home and abroad; the vast services sector also contracted for the first time in 12 months

“Passive investment will likely outpace active investment in China over the next three to five years at least,” one investment manager said

Huawei has said the new unit will engage in R&D, production, sales and service of intelligent automotive systems and component solutions

Local governments have raised $21 billion via special bonds this year to boost the capital of small and mid-sized banks to reduce risks of spillover from the property crisis and economic slowdown

The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by leading cities show a pattern likely to be replicated worldwide

The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping its plan to spin-off its cloud business

The startup makes chips that can use ambient sources of electricity such as light or vibrations as a power source — potentially removing the need for batteries in simple devices

Big cities are the places making a real impact on cutting emissions, the head of a global cities network says in the lead-up to the climate summit in UAE, which mayors will join for the first time

Move to 'de-risk' supply chains is leading some biotech firms to consider using Indian drug manufacturers to produce active pharmaceutical ingredient for clinical trials or other work

The spike in infections poses fresh risks for the Chinese economy which is still struggling to emerge from the economic hit from two-years of of Covid-related lockdowns and restrictions

Borrowing costs for critical the end-of-month loans for non-banks remain high despite fresh cash injections by the central bank to calm the market

Indian refiners have trouble paying for oil because Moscow prefers yuan, while Delhi likes to settle deals in UAE dirham, but that now involves extra clearing requirements