Zhongliang is struggling to repay notes worth $729m. Even if it wins approval to extend bond coupons by a year, it would need to pay an extra $1.25 million due to the weak yuan

The action was not only a crime against the company but also ``a crime against American workers,'' the FBI said in a statement.

China's imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation, says the Peterson Institute for International Economics. 

Officials in Beijing denied rumours of sweeping Shanghai-type curbs, asking people not to panic-buy but to stay at home, while also announcing a fresh round of mass testing.

Logjams have hurt Boeing's cash flow while debt has soared, raising fears among investors of a potential credit rating downgrade for America's largest exporter

Widespread lockdowns to rein in Covid-19 brought economic activity to a standstill in China and also sparked runaway inflation across the world

Semiconductor Manufacturing International Corporation (SMIC) announced revenue of $1.8 billion in first three months ended March 31, a 16.6% rise from the previous quarter

The group said the Zijin Mining project is one of the many highly polluting Chinese investments undertaken "without necessary environmental and social due diligence"

The government said that under the current system civil servants are required to print out emails and electronic documents for filing in paper folders

China’s ride-hailing giant Didi Global has cut half its UK employees and told staff plans to launch services in the UK and Europe are on hold till at least 2025, the Guardian said

Samir Saran said the Communist Party sees tech as a means of exerting control and uses social media to deliberately interfere in the affairs of other nations

The Taiwanese group, which is a key supplier for Apple, reported a 4% rise in first-quarter revenue despite chip shortages, supply chain issues and reduced demand for electronics