While the tourism boom will offer some relief to Chinese policymakers, the sustainability of the boost remains uncertain as the country's faces deflationary risks and slowing demand

PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that position in January last year

Research firm Canalys expects that 5% of smartphones shipped globally in 2024, or 60 million smartphones will be AI-capable

But how long the market recovery will last remains to be seen, given that broader data out of the world’s second-largest economy continues to disappoint

Tension between Beijing and Washington continued to be the top concern, aside from China's regulatory inconsistencies and increasing labour costs

Provincial-level governments in China are mounted with $13 trillion of debt but also account for about two-thirds of the country's science and technology expenditure

A multitude of factors such as social stability and impacts on the property market will be at play when Chinese courts decide on whether to accept the Hong Kong court's ruling on the debt-laden developer

The machines are aimed at disrupting the most expensive step in the chipmaking process, by “stamping” chip designs on to silicon wafers instead of etching them using ultraviolet light

The move will give “all types of investors more time to digest market information” and create “a fairer market order," China's markets regulator said

The move “will help accelerate a reduction of housing inventory and promote activity of the property market," one analyst said

Since the assault by Iran-backed Houthis began in December, 39% fewer ships are moving through the Suez Canal, leading to a 45% decline in freight tonnage

Along with Ma, Alibaba chairman Joe Tsai also purchased about $151 million worth of Alibaba's US-traded shares