Evergrande, with over $300 billion in liabilities, is in the throes of a liquidity crisis that has left it racing to raise funds. It has a bond interest payment of $83.5 million due on Thursday.

World Bank-commissioned report found that Georgieva and other senior World Bank officials applied "undue pressure" on staff to boost China's ranking in its 'Doing Business' series.

Former World Bank leader Kristalina Georgieva applied "undue pressure" on staff to boost China's ranking in the bank's 'Doing Business 2018' report, an investigation found. She disputes the findings.

Evergrande's financial woes have potentially destabilising consequences for the banking and financial system that may reverberate through the economy.

A fund with an education focus holds seven renewable energy companies in its top ten positions, the China Securities Journal reported.

Xpeng Heitech's model will be able to drive on road, allegedly over 600 kilometres (370 miles) on a single charge, but it is not known yet how far they will be able to fly

  (AF) Beijing has stamped out financial blogs and social media, choking off a valuable source of data that had...

The world's second-largest economy has seen its post-pandemic recovery slow due to supply chain bottlenecks, semiconductor shortages, emissions curbs and a crackdown on property investment

China announced a regulatory overhaul that could see its officials supervising the companies that run the casinos.

Beijing’s assault on its free market success stories as it attempts to level the playing field in pursuit of the goal of ‘common prosperity’ has claimed some high-profile victims

  (AF) Xi Jinping’s “common prosperity” drive may have reshaped China’s once-booming beauty sector as investors fear the cultural austerity...

The property firm’s liabilities involve more than 128 banks and more than 121 non-banking institutions – if they go under, the impact could be felt far and wide