The Hurun Rich list, which ranks China's wealthiest citizens, said the number of dollar billionaires dropped by 239 to 946 this year.
Buyers who order a Tesla EV this month will get an 8,000 yuan insurance incentive, but that offer will be slashed next month.
Nvidia has confirmed that it is offering the A800, a new advanced chip in China that meets export control rules imposed by the Biden Administration a month ago.
A 'nationalisation process' has begun with state 'partners' assigned to "effectively take control" of some assets of major private tech firms such as Tencent and JD.com, scholars say
Apple said on Sunday production of its iPhone 14 has been hit by Covid-19 restrictions at its key assembly plant in Zhengzhou, in central China.
Chinese authorities have ramped up moves to contain Covid outbreaks after health officials reported 5,496 new local infections on Monday, the worst since May 2
Debt-wracked China Evergrande said in a filing that its plot of undeveloped land near the border in Hong Kong has been sold by receivers for a price of close to $637 million.
Outbound shipments in October fell 0.3% from a year earlier, the worst result since May 2020, while imports declined 0.7%
Covid cases hit a six month high on Friday, with 3,871 new local cases. But the rise is causing social and economic strains, while keeping policymakers on edge.
South Korea's foreign ministry said on Friday it has proposed that the United States offer federal EV tax credits for groups that have investments planned in the US.
Xi said that as large nations with influence, they should work together more during "times of change and turmoil" for the sake of world peace, according to state broadcaster CCTV.
China says it wants technological innovations in big data, biotech and artificial intelligence to help tackle pollution, habitat loss and climate change