Tencent Holdings plans to take DouYu International private amid disagreements over strategy, regulatory hurdles and a plunge in the company's share price, sources say
Boosting business in China, the world's biggest car market, is one area analysts want addressed by chief executive Carlos Tavares
The company said it would compete with large banks and non-bank lenders by offering unsecured trade finance with lines of up to $5 million
A row over the opening of a Taiwan representative office in Vilnius became an economic issue after Beijing banned Lithuanian imports, but China says it should not be allowed to 'hijack relations'
Beijing's Fengtai district said residents in more areas should not leave their residential compounds for unnecessary reasons and must have a daily covid test
Company to focus on NAND and SSD technology. 150 Chinese engineers at the site may be asked to relocate to the United States or India.
Executives said they hoped to achieve a risk management solution and would treat all creditors "fairly and follow international practice"
Profits rose 4.2% year-on-year, the slowest rate since April 2020, to 734 billion yuan ($115.9 billion), compared with a 9% gain in November
The US, which is unable to appeal against the decision, branded it "deeply disappointing" and said it reinforced a need to reform WTO rules
The carmaker's biggest growth for the second consecutive year was in China, where sales rose 40% to 4,033 units, while Asia-Pacific sales rose 37%
China rolled out preferential policies in 2021 to deduct and defer taxes and fees to shore up industry and support smaller enterprises
Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more