Asia-focused investment firm PAG is aiming to raise $9bn in its largest buyout fund. It plans to list a merged entity of two Chinese industrial gas companies, sources say.

State Council move applies to corporate income tax and domestic value-added tax, domestic consumption tax and other levies.

Beijing left its carbon emissions targets unchanged while New Delhi said it might not submit any new goal at all

Shaanxi province's county meets about half of the world's demand for ingredient, which is currently in short supply

Beijing envisions the region as a financial and innovation hub but attracting skilled professionals has proved to be difficult

Debt-laden developer has made its second US dollar repayment obligation this month, but it still faces $338m in payments by the end of this year.

Share fall follows People’s Bank of China official warning that some overseas securities institutions have not obtained domestic licences.

CITIC dominates underwriting business for IPO projects in the STAR Market and ChiNext, according to Zheshang Securities research note

Cities in the northeast are restricting travel and limiting gatherings in public spaces in a pre-war' mode of vigilance as China combats Covid outbreaks in multiple provinces.

Fossil fuel crunch has been exacerbated by pressure to develop renewable energy sources and reduce emissions

Cryptocurrency exchange rolls out programme that enables customers to receive annualised yield of up to 8.05%

Wholesale price of the fuel has risen higher than the retail price, prompting drivers to shun long-distance routes