Chongqing Ant Consumer Finance is already under pressure from Beijing to absorb the group’s two micro-loan businesses Jiebei and Huabei

Credit rating agency S&P Global ruled after the firm won approval from lenders to delay a $725m senior unsecured note payment due on Thursday

The company's international segment reported record first-quarter results, while revenue and profits declined in Japan and mainland China

Fitch Ratings said growth is underpinned by a robust mergers and acquisitions deal pipeline and increasing intra-regional cooperation.

Shimao and Yuzhou are scrambling to negotiate new terms with creditors to avoid default, while Evergrande secured a crucial payment delay

Consumption has not picked up the way it should to compensate for effects of the virus, IMF managing director Kristalina Georgieva said

KFC promotion could fall foul of a campaign against food wastage launched in 2020, amid growing worries about food security

Images and analysis provide a detailed look into Beijing's recent construction along its frontier with the landlocked kingdom

Inflation climbed 0.9% in 2021 and authorities have ensured adequate supplies of goods, which helped stabilise prices

Construction of large wind power and photovoltaic projects in Inner Mongolia and Ningxia Hui regions, as well as Qinghai and Gansu has been underway since October 2021

A highlight is that project units will no longer be required to provide duplicate documents that can be obtained by mutual recognition

US investment bank Goldman Sachs estimates high-yields firms have $3.6 billion worth of bonds maturing by the end of the month