Support from the state 'Big Fund' is part of a $5.3bn capital expansion by Changxin Xinqiao, a leading memory chip firm in Hefei, as China expands its production capacity and R&D

The squeeze on business profits was underscored by factory gate prices contracting sharply this month, a sub-index in the PMI survey showed

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

New order will require developers of AI systems that pose risks to security, the economy, health or safety to share test results, while officials set standards for key chemical, biological, radiological, nuclear, and cyber risks

The Biden administration sees direct leader-level engagement with Xi as particularly important in managing US-China tensions

A Hong Kong judge said a decision on whether to wind up the debt-laden developer would be made on December 4, so the firm needs a revised restructuring plan before that date

Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

"If China’s near-term growth were to slow by another percentage point, this would reduce 2030 coal demand by an amount almost equal to the volume currently consumed by the whole of Europe."

Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024

The automakers believed they may be able to create "affordable" EVs, built using GM's Ultium battery technology, but found that it would be difficult to achieve

This is the second appeal for calm by the Chinese president, in a little over a month, amid a bitter technology and trade war between the world’s two biggest economies