The economic summit will outline moves to boost advanced manufacturing, rejig the tax system to curb debt risks, manage the property crisis, lift consumption and the private sector, but analysts doubt it will work

The drop in imports does not bode well for exports in the coming months, as just under a third of China's imports are parts for re-export, particularly in the electronics sector.

Worry about AI hallucinations reached their peak in May this year after Google rolled-out its much-anticipated chatbot Gemini — which soon gained notoriety for ridiculous outputs

Latest numbers out of China indicate the country's carbon emissions may have peaked last year

Authorities in China approved 7.1m tons of new steelmaking capacity in the first half, but it was all cleaner scrap-based electric arc furnace projects, researchers say. Meanwhile, the US has imposed tariffs on Chinese steel imported via Mexico

TSMC, which is the world's largest contract chipmaker, has been one of the top beneficiaries of soaring demand for AI-capable chips

Carbon removal — which researchers say is essential to achieve net negative CO2 emissions — is yet to gain ground in India as officials remain focused on carbon capture and storage

The tendency of AI machines to invent facts, sources and details may prove a serious problem and cause it to have few viable outcomes, one analyst has warned

Six-month inquiry by a Chinese industry group will assess if Chinese firms lost business in Europe due to invesigations carried out by Brussels

Concern has risen that foreign auditors have not been doing enough to uncover illegal corporate activity, based on a huge scandal at China Evergrande, which was found to have inflated its revenue by vast sum

Consumer prices rose in June for a fifth month but was below expectations, while producer prices were undermined by deflation and weak demand

India plans to begin work on dams in the northeastern Himalayan state Arunachal Pradesh, amid reports Beijing may also construct dams on the Brahmaputra river