A Shanghai court gave Xiao Jianhua 13 years in jail, while his Tomorrow Holdings group was hit with a record 55-billion-yuan fine ($8.1 billion) for illegally siphoning public money, bribery
China imported 7.15 million tonnes of Russian oil last month via the East Siberia Pacific Ocean pipeline and shipped from Russian ports, but domestic demand was weaker
The decision to stop the buyout is the UK's latest move to protect its technological edge from Chinese ownership, The Guardian reported.
The meeting comes on the heels of a new US CHIPS Act that includes $52 billion in subsidies for companies that make chips or conduct chip research in the United States.
Washington and Taipei have agreed to start formal trade talks shortly on a new initiative. Taiwan hopes the talks, which are opposed by Beijing, could begin in September
Japan's Nikkei closed above 29,000 for the first time in seven months and China and Hong Kong stocks rose. South Korea was down.
HKEX has suffered a notable decline in listings and trading at its two Hong Kong exchanges from both China's economic slowdown, plus lingering geopolitical tension.
The US is funding data centres in Africa, plus a 17,000km undersea cable from Southeast Asia through the Middle East and Horn of Africa to Europe, Antony Blinken says
The arrival of a new team of senior US politicians in Taiwan late on Sunday led to China staging more military exercises on Monday near the self-ruled island
The climate law passed by the US aims to localize the manufacturing of EVs but "adds a steep requirement aimed at weeding out 'foreign entities of concern' from supply chains", it says.
China Life Insurance, plus oil giants Petrochina and Sinopec, and Chalco, which have a combined market cap of more than $300bn, will voluntarily exit US markets this month
Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources