The real estate firm was among many Chinese developers that defaulted last year as the sector reeled under a debt crisis

The firm said it was now "out of crisis mode” following years of painful US curbs and sanctions that blitzed its telecoms business

Musk met Li Qiang in 2019 when he was party secretary in Shanghai. Sources say Tesla is grappling with issues such as delays to its plans to double production capacity at its factory in that city.

Japan wants to stop its advanced technology being used for military purposes and does not have a specific country in mind, the country's trade minister said

A Foreign Ministry spokesperson said Yellen's remark about leaving countries "trapped in debt" were "irresponsible" and "unreasonable", but experts say China's lending is often mired in secrecy

China's post-Covid recovery is being weighed down by weak exports and the real estate quagmire, but the services sector is enjoying strong growth, data released on Friday shows

The high-end Human Horizons-owned marque will follow other Chinese EV makers into Europe, including Xpeng, BYD, Great Wall Motors and Aiways

The Bank of Communications, Bank of China, Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China all posted positive results

"Achieving carbon neutrality requires 'carrots and sticks'," People's Bank of China Governor Yi Gang said

"Do we really want to emulate Chinese speech bans?" US Republican Senator Rand Paul said responding to calls for unanimous consent for a TikTok ban bill

China's new premier, who took office this month, said Beijing opposed trade protectionism and decoupling, in veiled comments aimed at the United States

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