Chinese billionaire has kept a low profile since giving a speech in Shanghai last year criticising financial regulators. Ant was forced to drop its IPO and has undergone a major rejig.

Local developers' shares and bonds fell further on Wednesday after Evergrande missed a third round of interest payments on dollar bonds in three weeks

China has the ability to address the Evergrande crisis, although there is a risk of the developer's pain escalating to cause broader financial stress, the Fund says

Leading property association will hold a meeting with members on Friday to assess the difficulties builders are facing across the country and advise on policy implementation

Bulgarian economist keeps her job as head of the International Monetary Fund, after the lender's board reaffirmed its confidence in her, despite data-rigging allegation.

Car sales fell 19.6% in September from 2020, amid supply and power constraints, but sales of new energy vehicles were strong, industry officials said.

All industrial and commercial users will have to buy directly from the market or agents over the grid – just 44% do this now – in a move aimed at stopping high energy consumption

Developers rush to delay payment deadlines, while Evergrande looks to have missed a third payment and Beijing is allegedly probing lenders' links to large builders

Liaoning province issued its second-highest power shortage alert on Monday, the fifth in two weeks, warning the shortfall could reach nearly 5 gigawatts.

Harbin unveiled moves Sunday to support developers amid the sector's debt crisis, vowing prompt return of some presale funds in state escrow accounts to cut cashflow pressure

The world's biggest personal computer maker said it would withdraw its application because financial information in its prospectus may lapse during the vetting process.

Property bonds sink after Modern Land asks to delay maturity on bond due this month. Holders of offshore Evergrande bonds also await news on $148m in payments after missed Sept deadlines.