Goldman Sachs says China faces "significant downside pressures" from energy shortages and has cut the country’s economic growth forecast for 2021 to 7.8%, from 8.2%.

Factory output in August was the slowest since July 2020, cutting profits at industrial plants, which face high commodity prices, Covid-19 outbreaks, part shortages and now a power crisis.

Restrictions on residential power use have been imposed in some provinces to ensure China meets its pledge to cut carbon emissions after only a third were found to have met targets in the first half of 2021

Prime Minister Ismail Sabri Yaakob tables a new plan that boosts infrastructure spending and commits KL to a carbon tax, plus no more coal power plants

Exchanges and providers of crypto services are scrambling to sever ties with mainland Chinese clients. Some are shutting services, while others are moving to Singapore.

Tight coal supplies and tougher emissions standards have caused factory shutdowns in key provinces, hitting heavy industry in several regions and economic growth

Australia will play a key role in supplying critical minerals to other members of the group, which wants to ensure China does not exert control over items essential to modern technology.

Logistics provider adds Chinese e-commerce giant as a new backer as it raises $578 million in a late funding round.

Meng's deal with US prosecutors could pave the way for improved ties between China, the US and Canada.

Local governments have set up special accounts in the Pearl River Delta and four other provinces to 'protect' funds for the most unfinished housing projects

The UAE, the commercial and trading hub of the Middle East, is deepening trade ties with Asian nations as it moves to position itself as a global centre for business and finance.

Meng Wanzhou flew back to China after a video link to a US court, in which she agreed to a statement of facts on the case laid by US prosecutors. A court in Vancouver then allowed her leave.