The Chinese EV-maker's bumper sales suggest car buyers are looking for cheaper models in a high-interest-rate economy

Tencent and Netease shares rose after China removed a senior regulatory official and a state media commentary called for officials to end their 'erratic' oversight of the platform sector

Two of China's biggest state-owned banks and a leading joint-stock bank have stepped up reviews of smaller lenders, as debts from the intensifying property crisis hit the financial sector

The Communist Party official has reportedly been removed after the roll-out of the plans sparked fears Beijing was about to crack down on its tech sector again

The funding was slated to be used for the research and development, manufacturing, and sales services of vehicles under the group

The top six home sellers last year were all state-owned or state-backed developers, according to a private real estate survey

The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

Factory activity slipped in South Korea, Taiwan, Malaysia and Vietnam in December, while data for China was mixed

Criticism comes after the Netherlands restricts export licence for top chip-machine maker, to prevent them being exported to Chinese firms

The People’s Bank of China has confirmed the payment app no longer has a controller after Ma gave up most of his voting rights

Manufacturing output contracted again in December prompting calls for Beijing to act now to prevent the slide gathering pace

The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing