The China Evergrande debt crisis deepened Thursday as Fitch declared the property giant in default. It must make another 14 bond coupon payments worth almost $1 billion within five months.
China has told companies to sever ties with Lithuania or face being shut out of the Chinese market, but the EU says it may take the matter to the WTO and enact moves to counter economic coercion
The risk of a "Volcker moment" in China is still on with the worst yet to come for its property sector and growth set to plunge to 2.9% in the first quarter of 2022, says Nomura Holdings.
Gambling regulator orders junket operators in the former Portuguese colony to stop offering credit to customers
São Paulo-based company does not rule out acquisitions in China but senior executive prefers building the company's own factory there
Increase in producer price index was slower than a 13.5% gain in October but faster than the 12.4% rise expected in a Reuters poll
Changes planned as e-commerce group faces headwinds from increased competition, a slowing economy and a regulatory crackdown
Stand News says hampers were worth HK$3,338 although officials cannot receive any gift which costs more than HK$3,000
It is based on an X-plane proposed by Ming Han Tang, then chief engineer of Nasa’s hypersonic programme in the late 1990s
Firings are running as high as 40% for the least profitable divisions, several company employees said
Planning officials are worried about data centres, which consume large amounts of energy to cool computers, as they can ramp up power usage and negate China's ability to curb emissions
The American EV giant offloaded more than 52,000 of its Shanghai-produced Model 3 and Model Y marques in November, which was slightly down from October