The amount is "nearly 170% of the total raised in the first half of this year by all China-focused private equity and venture capital groups," the FT reported.

Authorities in China allowed a US export control officer to inspect a facility run by Wuxi Biologics last week - news which could help Wuxi Biologics get taken off US Commerce's Unverified List

Foxconn's better-than-expected June sales come amid investor concerns over the impact on demand of rising inflation.

The Warren Buffett-backed auto firm's rise underscores China's growing prowess in electric vehicle manufacturing and renewable energy, the FT said.

China's Asian Infrastructure Investment Bank is considering opening a foreign office as it struggles to get around Covid curbs at home

The index rose to 54.5 in June, signalling the fastest growth since July last year and the first expansion since February

China is exploring setting up a 500 billion yuan infrastructure investment fund to revive the economy, as headwinds to growth persist in the property sector, along with fears of further Covid curbs

An International Energy Agency report says that nuclear power has an opportunity to stage a comeback as energy costs surge.

CCTV maker Hikvision told the BBC that anti-CCTV ''fringe groups'' are "demonising'' the company, the BBC reported.

China Evergrande Group is checking to see if offshore creditors will back its plan to fight a lawsuit in Hong Kong aimed at liquidating the group, a source says

Company has hit been with dozens of lawsuits in the US alleging copyright infringement in recent years, according to a report by the Wall Street Journal, which cited court records

Xiao disappeared in 2017 during a probe into his Tomorrow Holdings conglomerate. The Canadian Embassy in Beijing, which revealed the news about Xiao, said they would closely monitor his trial