The funding was slated to be used for the research and development, manufacturing, and sales services of vehicles under the group

The top six home sellers last year were all state-owned or state-backed developers, according to a private real estate survey

The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

Factory activity slipped in South Korea, Taiwan, Malaysia and Vietnam in December, while data for China was mixed

Criticism comes after the Netherlands restricts export licence for top chip-machine maker, to prevent them being exported to Chinese firms

The People’s Bank of China has confirmed the payment app no longer has a controller after Ma gave up most of his voting rights

Manufacturing output contracted again in December prompting calls for Beijing to act now to prevent the slide gathering pace

The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing

The Chinese tech giant plans to focus on its device business over the coming year, while increasing the efficiency of its overall operations to counter geopolitical uncertainty

Beijing court rules that Alibaba's e-commerce practice known as 'choosing one from two' was an monopolistic abuse that caused JD.com severe damage, its rival said on Friday

US agencies suspect China is using artificial intelligence sift through an "enormous trove" of hacked personal data on American officials and other citizens to target specific individuals

Company says the GeForce RTX 4090 D, which will be available next month, has been designed to fully comply with US government export controls