Five state-owned banks took part in a CBDC trial focused on cross-border transactions, the Bank for International Settlements (BIS) said.

Central bank has rallied state banks to defend the currency, urging them to be prepared to sell dollars in offshore markets to stem the yuan's descent

CIFI's shares plunged over 32%. Investors were shaken by the sector crisis reaching CIFI, one analyst said, as it was considered one of China's few resilient private developers.

Meta said it disrupted a China-based influence operation using Facebook and Instagram accounts with political content aimed at users in the US ahead of the midterm elections

The bZ3 sedan will be the second model of Toyota's "Beyond Zero" collection," powered by BYD electric batteries.

The proposal comes as pressure mounts on ByteDance over TikTok's 'excessive' harvesting of users' data, which could be shared with Chinese authorities.

The Biden administration is keen to head off China's bid for influence in the strategically important South Pacific after the Solomons agreed a security pact with China in April

China installed a massive 53 gigawatts of renewable energy in the first half of 2022, but it also approved $26-33 billion of investment in the coal power and steel sectors, a new report said

Democrat leaders are among a bipartisan group who urged Biden to issue an order to "safeguard our national security and supply chain resiliency on outbound investments to foreign adversaries."

PBOC warns against gambling after onshore yuan finishes at 7.2458 per dollar, weakest close since January 2008, while the offshore yuan slumped 1.15% on the day to trade at 7.2635.

Sources claim Tesla is planning to limit output at the plant to about 93% of capacity through to the end of year

Evergrande has "introduced" Shenzhen Longgang Ancheng Investment Operation to four developments in Longgang district, to help ensure delivery of homes to buyers