Support from the state 'Big Fund' is part of a $5.3bn capital expansion by Changxin Xinqiao, a leading memory chip firm in Hefei, as China expands its production capacity and R&D

The squeeze on business profits was underscored by factory gate prices contracting sharply this month, a sub-index in the PMI survey showed

HSBC’s finance chief said the bank still expected another couple of difficult quarters but the long-term outlook for the country’s real estate was positive

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

New order will require developers of AI systems that pose risks to security, the economy, health or safety to share test results, while officials set standards for key chemical, biological, radiological, nuclear, and cyber risks

The Biden administration sees direct leader-level engagement with Xi as particularly important in managing US-China tensions

Manila has scrapped a deal with China to fund and build three rail projects on Luzon and Mindanao islands, which were considered defunct even before Marcos Jr took office in mid-2022

A Hong Kong judge said a decision on whether to wind up the debt-laden developer would be made on December 4, so the firm needs a revised restructuring plan before that date

Three-quarters of the money went into manufacturing and processing with the cash coming from China, Singapore and South Korea

Industry analysts said the breakthrough by the country’s leading memory chip producer was a "surprise technology leap"

September’s 11.9% year-on-year rise was a sign of continued recovery in market demand, said one analyst

Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House