Regulators say the measures will not apply to firms who don't intend to offer their generative AI services to the Chinese public to encourage development of the technology

The city has set up a company to bail out its cash-strapped local government funding vehicles, sources say, after Xi ordered local officials to curb hidden debt

The 12% slump in outbound shipments was worse than expected in the year-on-year Customs data for June. Imports also contracted by 6.8%.

Patents for small computer chips, developed by a struggling US company, were sold to China two years ago, in a move some say highlights a need to reform the government watchdog CFIUS

Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group

Freiberger Compound Materials CEO Michael Harz doesn't believe China will disrupt gallium trade flows for long, as such a move would quickly damage its own electronics industry

Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day

The baht was one of two Asian currencies to rise on Tuesday, but businesses in Thailand are closely watching the vote for a new PM, which will be held in parliament on Thursday.

Explaining its breakup with Vedanta, Foxconn said "there was recognition from both sides that the project was not moving fast enough"

The Swiss bank has suspended plans for a new China fund unit indefinitely and decided recently to maintain Credit Suisse's partnership with ICBC, sources say

China's looming export controls create doubt on the supply of a metal some say is a game changer for EV chargers. Carmakers may shift to silicon carbide if they can't find other sources

The National Development and Reform Commission says it has met with the likes of Baidu and LONGi Green Energy Technology