China's long-term battle to reduce the dollar's dominance in world trade took two steps forward this week, with the first LNG trade in yuan, plus Brazil agreeing to trade via local currencies

China and Brazil have struck a deal to trade in their own currencies instead of the US dollar, the Brazilian government said on Wednesday, in another hit to US economic influence

China's biggest property developer says it has endured a "harsh winter" in a market that "won't recover overnight", after posting a record net loss of close to $890 million, its first in 16 years.

The drop was blamed on the city’s repeated Covid shutdowns and came after Beijing also posted its first population decrease since 2003

Analysts fear the gains are distorting markets, starving other sectors of cash, as desperate investors hope to get in on the next ChatGPT

Elon Musk and artificial intelligence experts have signed an open letter calling for a 6-month pause in training of systems more powerful than GPT-4, warning of potential risks to society and humanity

China faces a shortage of an estimated 200,000 industry workers this year, a problem that has become even more critical in face of intensified US chip rivalry

"External pressure will not hinder our determination to go to the world," Tsai said on Wednesday before flying to the US, where she could meet Speaker Kevin McCarthy

US prosecutors say Bankman-Fried ordered a $40m crypto payment to persuade Chinese authorities to unfreeze Alameda accounts with more than $1 billion of cryptocurrency

Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is ending and talk of IPOs from Alibaba hiving off business units

China's industrial recovery and increased temperatures have sparked an increase in emissions and pollution across some northern cities

The automaker has already eclipsed Tesla in China EV sales and now looks set to overtake the country’s best-selling car brand, Volkswagen, too