The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC

But analysts warned China might struggle to move the needle into the green any time soon amid uncertain household income expectations

Data from the Kyiv School of Economics showed China's 'Big Four' state banks increased their exposure to Russia from $2.2 billion to $9.7 billion in the 14 months since the war in Ukraine started

Payments of $22.5 million were wired before the end of a 30-day grace period, according to a source close to the company. But a further $162m is due this year on offshore bonds

The Chinese electric vehicle outfit’s president said the firm is aiming to take on European automakers on their home turf

Reports that Huawei's latest smartphone has 5G capabilities has sparked questions on the effectiveness of US sanctions and whether chip curbs on China should be expanded

In interviews broadcast on Sunday, the US commerce secretary said China's economy did better when it was more transparent and market-oriented

Italy became the first major Western nation to join China's infrastructure initiative four years ago but now looks set to pull out of the agreement

US officials from various agencies say Chinese intruders without proper authorization have been found at multiple US bases and sensitive sites in recent years, according to a new report

Many analysts see a drift toward Japan-style stagnation, but there is also the risk of a crisis sparked by a spillover of debt from the property sector or local government

Aditya-L1 is designed to travel 1.5 million km over four months, far short of the sun, to a kind of parking lot in space where objects tend to stay put because of balancing gravitational forces

The launch of the new Model 3 version marks the first time the automaker has rolled out a vehicle in China ahead of the United States; it will go on show in Munich in coming days