Only 19 per cent of applications were approved, with Chinese citizens prohibited from participating in leading blockchains overseas

About 10 officials from the China Securities Regulatory Commission and the Ministry of Finance have arrived in Hong Kong to aid and monitor the audit inspection, sources say

Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025

The freezing of Russian bank assets after the war in Ukraine was a key reason behind China cutting its holdings, Nikkei said

Experts say China will dig in on its awkward stance of calling for dialogue and peace, while refusing to condemn Russia's invasion of Ukraine.

Bearish bets on most Asian currencies rose to record highs, driven by a towering dollar and mounting pressure on the Chinese yuan, which has slipped to a 27-month low

Banks vow to follow government guidance, as they did on Russia, if Beijing invades Taiwan. But some said the US had to compete with big Chinese banks, which have grown in size in recent years

The rumoured move comes after loans secured by Evergrande Property Services were diverted to the parent group

The proposed legislation would impose penalties on countries that increase their imports of Russian oil, provoking tensions with India and China, The Economic Times said.

The rest of the world has remained committed to globalisation over the past year, but China has turned inward, European Chamber of Commerce president Joerg Wuttke said.

China EV makers Wuling, Xpeng, Nio and BYD have all put themselves in the perfect position to stake a claim in Europe’s lucrative market

Developing Asian nations like Indonesia and the Philippines are forecast to grow 4.3% in 2022, compared to 3.3% in China, with expectations slashed after recent Covid lockdowns