Shimao defaulted on a trust loan last month and has been scrambling to extend debt maturities including asset-backed securities and trust loans with creditors

More than 53,000 cases were reported in the city of 7.5 million people since this latest wave of infections began in January, according to official data

But the top foreign policy adviser to Yoon Suk-yeol said Beijing's ire would provide a chance to "reset" testy diplomatic ties between the countries

China's 30th largest developer by sales has seen its shares seesaw. The stock rose as much as 12% on Tuesday after a 13% drop on Monday

The jump in earnings came despite tight labour market conditions due to coronavirus pandemic-related restrictions in Western Australia

Meta Platforms is its largest holding at 6.38%, while Roblox, Nvidia and Unity as well as Apple, Snap, Sony and Tencent are among constituents

The country could add 83 to 99 GW of new capacity each year from 2022 to 2025, the China Photovoltaic Industry Association said

The US is concerned that low output of minerals essential to build future tech may leave it beholden to China and others that have heavily invested in mining

City will offer tax breaks, handouts and subsidies to small businesses and residents to mitigate the impact of a new restrictions to curb Covid-19 infections, the country's top finance official said

Official says city would continue to be gateway between the Mainland and international markets, as well as a bridge for international capital

Newly-registered private funds totalled 95.9 billion yuan ($15.16 billion) in January, down 44% month-on-month, according to AMAC

A proposed policy to lower delivery fees that wiped $26 billion off Meituan's value was not intended to target the platform economy, an Economic Daily commentary said.