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China investigates major shadow bank for ‘crimes’

Chinese officials have launched an investigation into one of the country's biggest shadow banks, which has lent billions to real estate firms. Zhongzhi Enterprise Group...

Nepal bans TikTok citing disruption to social harmony

Nepal has banned China's TikTok because its content "was detrimental to social harmony." The decision comes days after the country introduced a new rule requiring...

Australian ports back online after cyber-attack

One of Australia's major port operators is back online after a cyber-attack crippled its facilities. Operations at DP World Australia container terminals in Melbourne, Sydney,...

China’s CPI falls 0.2% in October

China's consumer price index (CPI), a main gauge of inflation, fell by 0.2 percent year on year in October, the National Bureau of Statistics...

Former Bank of China boss arrested on bribery charges

The former chairman of the Bank of China has been arrested over suspicions of bribery and giving illegal loans. Liu Liange, chairman of the state-owned...

China police detain staff at Evergrande wealth unit

Staff of embattled property developer Evergrande's wealth management unit have been detained by police in Shenzhen, southern China. In a post on social media police...

China’s COMAC receives over 1,000 large passenger jet orders

Orders for China's homegrown C919 jet has reached 1,061, said He Dongfeng, board chairman of the Commercial Aircraft Corporation of China, Ltd. (COMAC), at...

China exports fall for the fourth month in a row

China's exports have dropped for fourth month in a row as the "world's factory" struggles with weak demand at home and abroad. Exports fell 8.8%...

China debt-laden property giant reports record loss

Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on its debts. This...

China to set up ‘advanced tech innovation system’ for manufacturing

China will put in place a preliminary technology innovation system covering all key industries of the manufacturing sector by 2025, and upgrade it to...