China's central bank will offer loans with a rate much lower than the benchmark interest rate so financial institutions can buy onshore bonds issued by developers, sources say
Real estate firms’ shares rallied after the move from China’s biggest commercial banks with some stocks rising 18%
Fitch Ratings says new-energy vehicles will continue to see strong growth next year as more motorists ditch petrol cars. It says EVs will account for 35% of car sales on the mainland in 2023
Economic activity in the fourth quarter "is crucial for full-year growth", according to the State Council meeting chaired by Premier Li Keqiang, who said now was a "critical time" to bolster the economy.
A dozen members of staff said they were in "disbelief" at UK ministers ordering China's Nexperia to sell its 86% stake in the plant and travelled to Westminister to protest at the decision
Stellantis plans to produce dozens of electric models in the coming decade, but its CEO Carlos Tavares has said it could be five or six years before affordable battery EVs are created
Nomura analysts estimate that more than one-fifth of China's total GDP is under lockdown, a figure that exceeds the size of the British economy.
Taiwanese tech giant said a "technical error" occurred when hiring new recruits at its huge iPhone factory. The company has now done deals with employees to resolve protests at the plant
CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets
The Chinese smartphone maker’s net income fell 59.1% to 2.12 billion yuan over the period from 5.176 billion yuan one year ago
China said held a video meeting to discuss police cooperation with several Pacific island nations, but talks were marred by a lack of attendance after earthquakes struck earlier on Tuesday
Three state banks said on Wednesday they would provide hundreds of billions of yuan in credit to Vanke, Longfor and other debt-laden developers to support the embattled sector