Both trade figures came in below market forecasts by big margins, with shipments from China down 7.5% year-on-year, and imports declining by 1.9%.

China's consumer inflation dropped in March, amid weak demand, while producer deflation continued, according to official data, which has led to speculation on the need for more stimulus

China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines

The four firms were among 11 added to the US Entity List on Wednesday, an official said, along with others procuring drones for Russia's war in Ukraine

Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making, so Alibaba is more agile and customer-focused

Ratings agency blames risks to public finances as the economy faces uncertainty in its shift to new growth models, says state deficit will rise to 7.1% of GDP in 2024

Companies in Japan have called for a law to stop unrestrained use of AI, saying they fear democracy and social order could collapse if artificial intelligence systems are left unchecked

The biggest money-laundering case found in Singapore has led to officials tightening oversight, but small terms given to 2 men who found guilty last week stirred anger online

Republican leader in the Senate backs push for China's Bytedance to divest TikTok, which he said was a threat to American children

Washington will award TSMC's US unit a $6.6bn subsidy and up to $5bn in low-cost loans, after it agreed to expand its investment to $65bn and add a third chip fab in Arizona

US Treasury chief winds up talks with China's financial leaders; she also warned that Chinese banks could face sanctions if linked to arms deals that aid Russia's war in Ukraine