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

An increasing number of middle-class Chinese have been studying 'runxue' – how to leave the country for good, according to a report by the Financial Times

Huang Yimeng, 40, who was ranked last year by Forbes to be worth $1.2 billion, said he was making preparations to move abroad for family reasons

Shares of Tencent Holdings, China's gaming giant, fell as much as 2.5% to HK$374.60 in the afternoon on Monday, after Prosus and Naspers said they would gradually sell shares in the firm

Companies will need to seek an anti-trust review about their planned mergers or acquisitions if one of the parties' global annual revenue tops 12 billion yuan ($1.79 billion)

US President Joe Biden and leaders of other G7 nations relaunch newly renamed 'Partnership for Global Infrastructure and Investment'

China's central bank injected 100 billion yuan ($14.95 billion) worth of seven-day reverse repos, the biggest daily injection via the liquidity tool since March 31

China and India have been stocking up on Russian oil, but their actions have undermined efforts by the US and Europe to impose sanctions that limit funds to the Kremlin while it wages war in Ukraine

The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks