Another 13 companies in China, Hong Kong and the UAE have been hit with US sanctions for helping to sell "hundreds of millions of dollars" of Iranian oil and oil products to buyers in East Asia

Cyber attack on Vanuatu has greatly disrupted government services in the Pacific Island nation over the past two weeks

China Evergrande, faced with $300 billion in liabilities, is set to start negotiating debt restructuring terms next month

Officials in Guangzhou in southern China are setting up makeshift hospitals and quarantine facilities as Covid cases rise to more than 8,700 in the southern manufacturing hub

Asia-Pacific is no one's backyard and should not become an arena for big power contest, the Chinese President said

Taiwan’s parliament is likely to review technology transfers to mainland China because of fears that leaked advancements could undermine the island’s critical tech sector

Britain blocks Chinese takeover of chip factory in Wales, saying the move was prompted by national security concerns.

Hong Kong's Hang Seng Index tumbled 2.7%, with its tech stocks slipping more than 5%. Mainland Chinese shares also declined, with blue chips falling 1.2%.

Analysts think the switch is down to a view that Pinduoduo's global ambitions and cheaper products give it an edge over JD.com's domestic business

Local government chiefs have reportedly appealed to former government workers too to take on work at the tech firm’s Covid-affected factory

China appears have made a key step forward in resolving a longstanding bilateral dispute, but sources say a broader review of work done by China-based auditors is still going on.

The news comes after China's biggest company reported a second straight quarterly sales drop, hit by the economic slowdown and China's regulatory crackdown.