Analysts say officials may have vetoed the group's debt restructuring and that a risk management committee is likely to step in to deal with the company's unfinished projects and huge debts

Officials in the Philippines are investigating the death of three Filipino fishermen killed after their boat was hit by a "foreign" vessel near Scarborough Shoal in the South China Sea

China's commerce ministry said it was "very much dissatisfied" with the anti-subsidy investigation as it lacked adequate evidence and did not conform with World Trade Organization rules

The US has imposed sanctions on 28 people and entities, including a large Chinese network, accused of smuggling fentanyl precursor drugs and causing a vast number of deaths

Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers

US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year

China has been hit by retail sales slumping below pre-pandemic levels, stagnant house prices, greater household debt and lagging private sector investment, the World Bank says

Tokyo banned exports of all vehicles to Russia but subcompact cars in August, hitting a trade nearing $2 billion annually that boomed in the shadow of sanctions over Ukraine

The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam

Former housing minister Mohamed Muizzu, who has vowed to develop warmer ties with Beijing, will take office as the new president of the Maldives next month

Bank of Japan Governor Kazoo Ueda says there is "still a way to go" before the BOJ ends its stimulus policy, but noted that the cost of the move was not a factor for the central bank

Developers sped up the launch of new and higher-quality housing projects to to take advantage of a range of support measures by the government, which helped end a four-month slide in home prices