A Shanghai court gave Xiao Jianhua 13 years in jail, while his Tomorrow Holdings group was hit with a record 55-billion-yuan fine ($8.1 billion) for illegally siphoning public money, bribery

The Taiwanese group signed a $300m agreement with local developer Kinh Bac City to expand its facilities northeast of Hanoi, amid reports it will make the Apple Watch there

China imported 7.15 million tonnes of Russian oil last month via the East Siberia Pacific Ocean pipeline and shipped from Russian ports, but domestic demand was weaker

Some 25 out of 30 respondents in a snap poll predicted a 10-basis-point reduction in the one-year loan prime rate, which banks charge their best clients.

The company's net income fell 67% to 2.08 billion yuan, missing analysts' estimates.

The deal to build 161 mobile phone towers across the Solomons Islands will be financed via a loan from China's state-owned Exim Bank, The Age reported.

The decision to stop the buyout is the UK's latest move to protect its technological edge from Chinese ownership, The Guardian reported.

The Cyberspace Administration of China also said it supports overseas listings, and that the aim is to ensure that data is not abused by foreign governments.

Nomura lowered its China economic growth forecast, citing dismal July activity data, the lingering impact of the pandemic, and the worst heatwave in six decades.

TikTok is following in the footsteps of Meta and Twitter, which also have announced measures to prevent false claims before they spread online.

China's banking regulator is reviewing local and foreign banks' exposure to developers to try to measure risks to the financial system from the ongoing property sector turmoil

The strong response to the first batch of rental property REITs is positive news for China, opening a new financing channel for the debt-laden real estate sector