Ride-hailing giant, already in the spotlight over regulators’ claims over how it handles customer data, is also under scrutiny over the fees it takes from drivers

China's recovery from the global pandemic is losing steam as new Covid-19 outbreaks and floods disrupt business and slow retail spending. Targeted policy tightening is also dragging on growth.

International language training company Wall Street English will announce the bankruptcy of its Chinese business next week, the Global Times has said

China announced plans to build 18 new coal-fired blast furnaces in the first half of 2021, more than the whole of 2020, according to CREA-GEM research; another 43 coal-fired power plants were also proposed

• State clampdowns raise questions over policy risk, ‘overzealous’ implementation • Xi seen as most powerful leader since Mao, policies...

• Mao Taotao, PR chief at Weibo, is suspected of bribery • Tech companies targeted by regulatory crackdown in recent months...

• KE Holdings shut down VIP real estate service amid antitrust probe • Voluntary acts of ‘self-correction’ expected to become...

•Ark’s Wood has slashed China equity holdings this year •Wood is pessimistic about China tech valuations   China’s decision to...

•Regulatory storm to dampen corporate sentiment, weigh on growth: MS • Measures boost households, hurt owners as China addresses inequality:...

• Anti-graft agency urges employees to break ‘unspoken rules’ at work • Tech giant dragged over the coals for ‘unhealthy...

• Struggling property developer looking to offload Shenzhen renewal projects too • Rating agency S&P downgraded Evergrande to CCC from...

Alibaba chief executive Daniel Zhang announced in an internal message the firing of a manager who allegedly sexually assaulted an...