Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy

China hawks in Washington blame US investors for transferring capital and valuable know-how to Chinese tech companies that could help advance Beijing's military

Tech entrepreneurs say they're looking to base companies abroad, disillusioned with Xi Jinping's policies, and happy to play down their Chinese identity amid growing trade rivalry with the US

A second Covid-19 wave is spreading in China according to a top infectious disease expert, who said tens of millions will be affected every week with the XXB subvariant

Some 24 Chinese firms have changed auditors since 2022, according to an analysis of filings by Nikkei, which said many did that to avoid being delisted from US exchanges

Vietnam, Laos and the Thai capital Bangkok all experienced record temperatures in recent days, and weather forecasters suspect these all-time highs may not last for long

The IMF is working on a bailout while Pakistan has assured its balance of payments gap will be fully funded, but $3 billion pledged by Saudi Arabia and UAE has yet to come through

Pledge by Korean firm follows a campaign by Greenpeace and indigenous leaders, who revealed that dozens of Hyundai excavators were being used for destructive illegal mining in the Amazon

A mining tax windfall has helped Australia nearly balance the books, but a huge test looms from 2024 tax cuts passed by the former government that will slash revenue unless amended

Marcos may discuss tensions over Taiwan with his counterpart Joe Biden at the White House on his visit, which starts on Monday, but the focus of talks will be trade and investment

Some 15 agreements were signed during Lula's visit to Beijing, including deals to cooperate on semiconductors, a satellite to monitor the Amazon and cyber security

Provisional data from India's Commerce Ministry showed that trade between the two countries rose by 7.65% in the 2022-2023 fiscal year to $128.55 billion