Shares in China Evergrande Group's electric vehicle unit rose as much as 5.8%, but the parent company's stock plunged by similar level.
Liu He and Janet Yellen talked about the US-China macroeconomic situation and bilateral relations, a statement from China's commerce ministry said.
Bondholders confirm they were paid for a dollar bond tranche that was due last month, the deadline for which ended last Saturday
Authorities are trying to curb outbreaks in several provinces with officials in Beijing restricting access to tourist sites and advising residents not to leave the city unless necessary
Car production and sales are expected to rebound in China over the next few months as the worst of the global chip shortage is believed to be over.
Beijing will investigate its energy information providers as it calls on coal industry participants to 'strictly' meet contractual obligations in its latest bid to tame prices that have hit record highs
Policies include property tax aimed at deterring speculation and cooling home prices that have surged more than 2,000% since the housing market was privatised in the 1990s
China Evergrande chairman Hui Ka Yan's statement that its electric vehicle venture would become its primary business in 10 years cheers investors
Creditors of HNA Group have reportedly approved a restructuring of the once high-flying conglomerate, which included Hainan Airlines.
Chairman Hui Ka Yan predicts that electric vehicles will be the group's top focus in the years ahead, but many analysts say Evergrande may be lucky to survive the year, let alone the next decade.
Energy demand surges and coal supply shortages have led to the worst power outages in decades in China. The power...
Chinese government’s efforts to curb domestic power consumption restrict supply, threatening industrial production and closure of auto plants.