Service consumption accounts for more than 45% of China's consumption, said Chi Fulin, head of the Hainan-based China Institute for Reform and Development

Downgrade comes day after 1.5% contraction in third quarter of this year as a foreign exchange crisis wrecked its post-Covid-19 recovery

Christopher Waller, a Fed governor, endorsed its decision this week to accelerate how quickly it scales back its asset purchase programme

Diplomatic dispute is spilling over into business in an era of global supply chains and affecting Germany's car industry,

EU Parliament demands that officials be granted access to the Shandong Linglong Tire factory, where 500 Vietnamese workers are employed, amid concerns over forced labour

The groups, all connected to the PLA, were sanctioned for allegedly helping the Chinese military to develop “brain-control” weapons

Authorities noted significant environmental risks uncovered during the probe, in particular affecting the Yangtze River

Business leaders of nearly 30 Fortune Global 500 companies spoke about innovation-driven development at a virtual forum

Beijing will approve the preferential tariff treatments next year to least developed countries it has established diplomatic relations with

Retail sales slowed as new Covid-19 outbreaks hit the world's second-largest economy

World Co will locate most of its high-end clothing production in Japan within three to five years

China's most powerful leader since Mao Zedong is steering the country back toward its socialist roots, upending financial markets and confusing investors