Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This has led to fears of debts spreading from the property crisis to the financial sector
The US automaker still plans to start making low-cost lithium-iron batteries by 2026 based on technology licensed from China’s CATL
Just hours before the firm pulled its cloud unit’s listing, it had emerged Ma's family trust intended to sell 10 million American depository shares
The properties, located in The Peak, one of the most prestigious neighbourhoods in Hong Kong, are valued at more than $192 million
Malaysia and Vietnam have had cargoes worth about $320 million each denied or held for checks since the new rules came into force in mid-2020, nearly three times more than exports from China
The electric battery industry is hugely reliant on raw materials, or completed batteries, sourced from China and other Asian nations
Social media giants are not taking responsibility for rampant scams being conducted on their platforms, which is unacceptable, an expert on Chinese crime gangs in Myanmar and Southeast Asia says
China's largest search engine saw third-quarter revenue of $4.72 billion as advertisers responded to recent green shoots of recovery
The country’s big banks, suspected of often doing Beijing’s bidding, have continued buying yuan despite the currency rising
Xi also said China was willing to strengthen cooperation with France at the United Nations and other multilateral institutions
The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"
Stellantis and CATL have a preliminary agreement on producing lithium iron phosphate (LFP) batteries for the automaker's EVs in Europe