Political factors may be involved in the crackdown, which comes as over a billion packages, averaging around $50 in value, are forecast to arrive in the US this year
'Carbon footprint management system' comes amid trade tensions with the EU and countries that may impose carbon border taxes. It will focus first on exports like steel, EVs and batteries
Focus in the region was on how Indian markets performed after stocks sank and the rupee slid a day before
TSMC is currently prohibited from producing advanced processors for China, as it uses American chipmaking tools, and hence falls under the purview of recent sanctions
China Dissent Monitor reported a 127% jump in economic protests in the last quarter of 2023, and Beijing likely fears unrest will spread as its economy slows
Five large corporates have severed ties with global accounting giant after claims it turned a blind eye to misconduct at China Evergrande - which it strongly denies
Asian markets were generally subdued on Tuesday – except for India, where news that the Modi government may fall short of a big election win caused shares to sink
The 5-gigawatt (GW), 200,000-acre solar farm in Xinjiang came online on Monday, the Power Construction Corp of China said
China has suffered a big slowdown in home building, but analysts say the economy will be weighed down for years by huge debts because a major bailout is unlikely
"Beijing and Moscow were discussing ring-fencing one or more banks that would finance trade in components for Russia's defence industry" - likely to incur US sanctions
More US law firms have left or are about to leave Shanghai, as business activity between the world's top economies continues to drop
The investment is part of Saudi efforts to prevent “Silicon Valley dominating this industry,” FT reported, citing a source close to the Aramco-linked fund