Shares of the New Energy Vehicle arm have dropped nearly 40% so far this year despite numerous efforts to salvage its fortunes

Regulators at the Ministry of Finance have offered verbal advice to big state-owned financial institutions to ditch the 'Big Four' auditor since at least April, sources say

Sentiment remains gloomy among manufacturers as domestic demand is increasingly under siege and external pressures from trade tensions loom large

Hong Kong court on Monday gives giant debt-laden conglomerate nearly six months to  finalise a rejig of its offshore debt, while Evergrande's EV unit may also face bankruptcy proceedings

Beijing faces a credibility deficit on its 'old' policy agenda and will need to act with urgency if it wants to lift business and consumer sentiment, economists say

More than 30 listed Chinese firms have dropped PwC as their auditor in recent months amid a probe by Beijing into its practices

Notes from the plenum had no details on how Beijing plans to reach its goals, such as getting consumers to spend more when resources go mainly to producers and infrastructure

Dozens of "high-risk" banks were taken over by bigger entities in the first six months of this year as small rural lenders succumbed to real estate debts and other woes

The auditing giant has been forced to slash its auditing staff in China following a mass exodus of clients in the wake of the China Evergrande accounting fiasco, sources say

The property sector, which at its peak accounted for a quarter of GDP, remains a major drag on the $18 trillion economy.

The economic summit will outline moves to boost advanced manufacturing, rejig the tax system to curb debt risks, manage the property crisis, lift consumption and the private sector, but analysts doubt it will work

Concern has risen that foreign auditors have not been doing enough to uncover illegal corporate activity, based on a huge scandal at China Evergrande, which was found to have inflated its revenue by vast sum