The claim comes amid state media reports that Chinese authorities were ‘preparing’ to shoot down an unidentified flying object near a major port city

A fourth object flying at high altitude was taken down over Lake Huron in the US on Sunday, intensifying tensions between Washington and China. Taiwan says it has seen many spy balloons

Nissan and Renault will invest $600m to turn Chennai into an export hub for new models, while Zeekr has now passed the current value of Xpeng, after raising $750m from existing investors

Chinese tech giant's sell-out comes days after Paytm posted its first-ever quarterly operating profit. Meanwhile, Morgan Stanley Asia bought 5 million Paytm shares in trading on Friday

China’s banks have been given till 2025 to rate their financial assets; listing bond investments, interbank lending and off-balance-sheet assets into five categories ranging from 'normal' to 'loss'.

The US government plans to bar investment in some Chinese tech companies, to stop American money pouring into sensitive sectors such as chips for artificial intelligence

Another unidentified object flying high over Canada was shot down on Saturday, following a similar strike on Friday. The US has also blacklisted six firms linked to China's 'spy balloons' programme

SMIC said it predicts revenue for the year ahead to "decline by low-teens percentage year-over-year” marking a break from previous continual growth

Baidu also said earlier this week it will soon finish internal testing for a ChatGPT alternative called 'Ernie Bot'

The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories

The centre will be tasked with exploring blockchain’s potential for the government, Chinese citizens and industries

Washington is confident that the maker of the Chinese spy balloon has a 'direct relationship' with the People's Liberation Army, a senior official said