Beijing’s Ministry of Industry and Information Technology is to require all apps to share business details in new oversight push
Doksuri left a swathe of damage in Beijing and eastern China – over 60,000 homes collapsed, while 95,000 hectares of crops and over 280 bridges were ruined, along with vast stretches of road.
The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say
The factory in Saxony, which will see auto parts maker Bosch and semiconductor makers Infineon and NXP each own 10% of the plant, is planned to open in 2027
The move has racked up costs for makers of drones in the country, with around 70% of goods in the supply chain currently being made in China
Shares of Country Garden, which had liabilities of $194 billion as of end-2022, fell 14% on Tuesday. The firm said its usable cash had declined due to a deterioration in sales and refinancing
Customs data on Tuesday showed imports dropped 12.4% in July year-on-year, while exports were down 14.5% amid weak demand both at home and abroad
China inflows have plummeted to their lowest since records began 25 years ago, removing a core support for the country’s currency
Chinese vessels fired water cannons at Filipino ships resupplying a vessel moored on a disputed Spratlys reef, spurring anger in Manila and condemnation from the US, EU and other allies
Two sources said briefings were expected on Monday, with the announcement on Tuesday, while a former official said the US should be prepared for retaliation by Beijing
US Navy destroyers were dispatched to Alaskan waters on Saturday after the "unprecedented" arrival of 11 Russian and Chinese warships "doing freedom of navigation" operations
Analysts say the days of pretending local governments will resolve their debt crises appear over, with Politburo leaders expected to provide rare central budget funds to slash debts totalling at least $12.8 trillion