Information Technology minister said the move on Friday, which follows a long dispute over the group's service fee charges, 'cannot be permitted'

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies

China's top 100 developers saw contracted sales of 185.7 billion yuan ($25.8 billion) during the month – a year-on-year decline of more than 60% and a 21% drop on sales in January

The state-funded platform called 'Supermind', at a information centre in Shenzhen, aims to be a database on key facets of science and technology, plus experts in the most significant fields

The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning of last year

Policy advisers expect the National People's Congress next week will focus on near-term support for the country's sputtering economy, rather than bold policy reforms

Reports of BYD’s plans to expand production in Mexico spurred speculation that the EV giant was looking for a way into the US car market

The White House said the probe could lead to restrictions being imposed on Chinese EVs due to concerns about "connected" car technology

Hanoi looks to have denied SpaceX's request for an easing of rules on foreign ownership of telecom firms with network infrastructure

Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan, pan-Asia funds and other strategies

US scientists to work with Singapore's water agency to build a plant that can remove 10 tonnes of carbon dioxide a day. Their firm then plans global deployment of the new CO2 removal tech

BMW plans to build a battery factory for electric vehicles in Rayong, on Thailand's eastern seaboard this year, to take advantage of Thai government incentives for local battery makers