Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, and He Lifeng, chief of the National Development and Reform Commission, are the favourites to be Xi Jinping's new right-hand man

Letters to Nvidia and AMD last month telling them to stop shipment of chips used for language processing and nuclear weapons research are likely precursors to new rules, official says

US President says world security depends on Pacific security, offers $810m in aid at Washington summit, as island leaders vow to strengthen partnership

Asian markets had a mixed day on Friday with most markets down, bar India. Overall, equity investors experienced their worst month since the onset of the Covid-19 pandemic

BYD's expansion will start in Germany and Sweden before extending to France and the UK later in the year, the Financial Times said.

China's factory activity rose in September but service sector growth slowed as the economy battled low demand and Covid curbs. The PMI data shows it is struggling to avoid contraction

Mergers and acquisitions involving firms in China have sunk by a third this year, in line with a global decline, but private equity groups are now eyeing possible deals in India and SE Asia

China's central bank published a statement on its website on Thursday allowing local governments to cut mortgage rates for first-time home buyers in some cities.

The Chinese certification ceremony means the C919 can now be delivered to its first customer, China Eastern Airlines

A huge package of treasury bonds will be issued in the fourth quarter to revive the country's lagging economy, while over $110 billion in support will be targeted at infrastructure projects.

Leapmotor's plummet was Hong Kong's worst trading debut this year and is on track to be the steepest first day decline by a listing larger than $250 million

Five state-owned banks took part in a CBDC trial focused on cross-border transactions, the Bank for International Settlements (BIS) said.