Heavy flooding is likely to continue in July and August, according to a government official. Meanwhile, drought conditions are also exacerbating problems in other regions.

A source said the price-per-barrel cap level had not yet been determined, but it would have to be high enough to give Russia an incentive to keep producing oil

The find - after Zhang was granted more than 17 hours on a sophisticated radio telescope in Guizhou - was announced in the official Ministry of Science and Technology newspaper

Admiral John C Aquilino told the Air Force Magazine that the fifth-generation F-22 and F-35 fighters "are critically important to the ability to deliver deterrence”

Recent crypto chaos proof that Beijing’s ban on cryptocurrency trading was justified, says Chinese state-run newspaper The Economic Daily

A Beijing Daily report that the city's party chief had said ‘Zero-Covid’ could remain in place for another five years was later amended, said CNN

China is the second-largest contributor to Russia's import decline since it invaded Ukraine, says a report by the Peterson Institute for International Economics in Washington.

Chinese battery giant CATL is working on power battery structures and chemical systems, including previously unheard-of condensed matter batteries, a report by Pandaily said

Evergrande confirmed lawsuit by Top Shine Global in Hong Kong, for not fulfilling a financial obligation of $110 million, but insisted that the move would not effect its restructuring.

Gotion said it would build total battery production capacity of 300 gigawatt hours (GWh) over three years against the 16 GWh it produced in 2021. It plans to have a third of that output overseas

Local administrations issued bonds to the tune of 1.41 trillion yuan ($210 billion) up till Sunday June 26, which was an 80% jump from a year ago, and that total could rise further

China has set up a yuan reserve pool along with Indonesia, Malaysia, Hong Kong, Singapore and Chile at the Bank for International Settlements