Evergrande said its ability to continue will depend on implementation of its offshore debt restructuring plan, and successful talks with the rest of the lenders on repayment extensions
Two-way trade between China and the US plunged 19.6% in the first half of this year, down $67.6 billion from the same period in 2022, amid increasing regionalization by both superpowers
Chinese regulators and finance officials submitted a proposal to Cabinet this month to slash the 0.1% stamp duty on domestic stock trading to revive the country's struggling markets
Beijing quietly launched a new initiative to lure elite foreign-educated IT and chip talents to accelerate its tech proficiency, sources and government documents reveal
The deals mania comes as Australia undertakes a critical minerals strategy that envisages major collaborations with investors and global partners to become a renewables superpower
Officials expect "significant" economic impact after Hong Kong said it would join mainland China in banning most Japanese seafood from Thursday, when treated water from the damaged Fukushima nuclear plant will be released into the sea
Secretary of State Antony Blinken urges China to end its "repressive assimilation policies" that force up to a million Tibetan children to leave their families and attend state boarding schools
A Bangladeshi bank that handles most bilateral trade with Myanmar has frozen the accounts of two key Myanmar banks as US sanctions tighten the taps on the junta's financial resources
US President wants to visit to Hanoi in mid-September to sign a strategic partnership pact with Vietnam to bolster economic and security ties, sources say
The finding coincides with news that New York City has banned the Chinese social media app on government devices because of security concerns
Some China watchers say Xi's focus on security is scaring off the money Beijing is trying to attract. Others say the country is making a painful transition away from its debt-fuelled growth-at-all-costs policy
Zhongzhi Enterprise Group, which manages over $137 billion in assets, has hired a top accounting firm to help it deal with a liquidity crisis. Its Zhongrong Trust has stopped payments to investors