Bid to buy 50.1% of Evergrande Property Services for HK$20 billion failed when embattled developer rescinded the sale
Speculation is rife among currency specialists over Beijing’s silence on its currency’s recent gains as power shortages, regulatory crackdowns and Covid lockdowns slow down the world's second-biggest economy
A post-pandemic export boom, coal supply shortages, government emissions targets and inefficient renewables sources were all blamed for outages that saw the lights turned out in parts of the world’s second biggest economy
Canberra says China is undermining the World Trade Organization, dragging its feet on promised economic reforms, while restricting trade in a long list of products and commodities
Beijing's internet regulator says news service providers 'must follow the latest version' of the news service list or face punishment.
Developer wins a 3-month extension on maturity of a $260m bond, but it has scrapped a deal to sell a 50.1% stake in its property services unit to Hopson, so chances of it avoiding default look unlikely.
An office building, logistics park, plots of land and equity in financial companies are up for grabs
Hong Kong stock exchange filing says talks with Hopson Development Holdings were terminated last week
Move follows Guangdong province, which last month raised prices for industrial users by as much as 25% during peak demand.
Billionaire founder of Alibaba is taking a well-earned break after a year in which his e-commerce companies had to undergo major restructuring on the orders of Chinese regulators
The property giant is desperately looking to raise funds to pay its many lenders and suppliers, as it teeters on the edge of a formal default on one of its international bonds
Chinese autonomous vehicle makers have improved gradually over the past five years, but they are no match for their Western counterparts, says the Center for Strategic and International Studies.