China’s top-selling automaker has returned sizzling sales figures and bumper profits despite a price war initiated by US EV rival Tesla
The deal is another shot in the arm for the currently loss-making startup, coming on the heels of a stake sale to, and partnership with, Germany's Volkswagen
US Commerce Minister meets counterpart Wang Wentao in Beijing, notes that 99% of their $700bn in bilateral trade does not involve national security; vows to be 'direct, open, practical'
Impacts felt by currencies such as the Aussie dollar, and across many sectors such as New Zealand dairy products, shares of luxury goods, to miner BHP and the Las Vegas Sands casino firm
Evergrande said its ability to continue will depend on implementation of its offshore debt restructuring plan, and successful talks with the rest of the lenders on repayment extensions
China’s blue-chip CSI300 Index has dropped to nine-month lows, and is down 11% from an April peak
The US commerce secretary said she would tell Chinese officials, "when it comes to national security we don't negotiate. We don't give concessions. We don't compromise"
On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock
The country's central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation
Xi was the only state leader personally received by President Cyril Ramaphosa at the airport; in contrast Indian prime minister Narendra Modi was met by Ramaphosa’s deputy
A new study by a US medical research centre suggests 1.9 million people died after China suddenly dropped its Covid-19 restrictions late last year. Beijing has never revealed the full death toll.
Japan’s Nikkei 225 slumped by over 2%, while Hong Kong’s Hang Seng and South Korea’s KOSPI were down 2% and 0.7%, amid fears of more hawkish signals from the Fed later today