Germany's Economy ministry has refused to give guarantees to carmaker Volkswagen in relation to investments in China, because of rights concerns about operations in Xinjiang, Der Spiegel says

The world's most indebted developer has proposed paying foreign creditors owed about $19bn staggered cash instalments or equity in its services unit or its EV unit

Greenland Holdings could become the first state-backed construction giant in China to defer a large offshore bond debt in coming weeks

Scientists in Australia and other countries with a keen interest in Antarctica have been closely following China's activities in the southern polar region

Zhaoqing, in Guangdong province, is believed to be the first municipality to introduce guidelines to ease China's property crisis by helping developers' liquidity

The mutual recognition agreement with the US International Qualifications Appraisal Board was signed in 2011 and renewed in 2020, but will expire on December 31

Stepn lets users buy and trade NFTs and in-game crypto by walking or running in the real world and they then convert in-game earnings to other crypto or cash

The Alibaba stock surge came despite the group declining to provide a forecast for the current fiscal year because Covid-19 risks clouded its outlook

Chinese companies implicated in a Russian-backed oil smuggling and money laundering network to buy Iranian oil will be subject to US sanctions.

Prices in the world's most unaffordable housing market climbed 0.5% in April from the earlier month, compared with a revised 0.6% fall in March, official data showed.

Auto sales have slowed, gamers are purchasing fewer consoles and the Chinese are hesitant to replace older smartphones, TVs, laptops as covid curbs weaken spending power and render more people jobless.

The firm had raised $40 million in its previous round, a year earlier. The cryptocurrency lender and asset manager is now valued at $2 billion.