Asia-focused investment firm PAG is aiming to raise $9bn in its largest buyout fund. It plans to list a merged entity of two Chinese industrial gas companies, sources say.

Developers took a drubbing on Thursday, with shares and bonds falling, creditors seizing assets and more downgrades from rating agencies ahead of a new debt deadline for Evergrande Group.

China will defer some taxes for manufacturing firms for three months from November due to the impact of high raw material prices and rising production costs, the cabinet said on Wednesday

State economic planning agency tells construction companies to repay their international debts – days ahead of another payment deadline for developer China Evergrande

Chinese developers tell regulators at the NDRC and SAFE they want to extend the maturity on their offshore bonds or undertake a debt restructuring

Four million residents were ordered to stay at home on Tuesday as officials sought to curb a Covid spike in the north. Mass testing is underway in 11 provinces, with child vaccinations in some areas.

Asia's markets mostly rose after fresh records on Wall Street, but concerns over China's zero-Covid policies limited gains.

Xi's expected absence suggests China has decided that it has no more concessions to offer at UN COP26 after three major pledges since last year.

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

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

British bank overcomes doubts over bad loans and property problems in China with a big quarterly profit and a $2 billion share buyback