Consumption dropped during the Golden Week holiday, suggesting that Beijing’s “zero-Covid” strategy and demand and supply shocks could cause another drop in GDP growth.
Meituan "abused its dominant market position in China's online food delivery platform market," said the State Administration of Market Regulation.
The ''vulnerabilities in China's financial system remain elevated and authorities face a difficult balancing act,'' says the Reserve Bank of Australia.
Officials order 72 mines in Inner Mongolia to boost coal production by nearly 100 million tonnes as China battles worst power crunch and coal shortage in years
The Caixin/Markit services PMI rose to 53.4 in Sept from 46.7 in August, pulling away from the lowest level seen since the height of Covid last year.
Mukesh Ambani is set to open India's first 7-Eleven convenience store, as his Reliance conglomerate moves to boost its retail presence in the world's second most populous nation
The United States vowed to conduct 'responsible competition' against China and the two nations agreed in principle for their presidents to hold a virtual meeting before year-end, the US said.
Shares of Chinese Estates Holdings jumped as much as 32% on Thursday after it announced an offer to be taken private for $245 million.
Tighter rules on borrowing by private developers since last year have hit demand for land. The value of nationwide land sales fell 17.5% on year in August, a study of state data has found.
Analysts say global investors will demand more transparency and disclosure from riskier bond issuers in China and Asia, and better returns, given Evergrande's shambolic financial state
The two super powers have pledged to boost communication amid deepening rivalry. But with 148 military planes flying over Taiwan in recent days, the US wants Beijing to ease tensions
The USTR office is looking for feedback on plans to revive a targeted tariff exclusion process for imports from China involving 549 import product categories