Excessive Communist Party control and undelivered promises of reform have left China's economy in a dead-end of weak domestic consumer demand and slowing growth, a foreign expert says

New measures will affect $18 billion in Chinese imports such as steel and aluminium, 'legacy' chips, batteries, critical minerals, solar cells, cranes and syringes

White House move comes amid concern that the firm, which uses foreign tech for crypto mining, may be involved in spying on the base, which houses US nuclear missile silos

First bilateral meeting on AI likely to discuss the 'full range of risks', such as AI and nuclear weapons, and more, US officials say

ICBC to issue $4.15 billion worth of TLAC bonds on Wednesday amid demands to support highly indebted developers and Local Government Financing Vehicles

ANZ Bank confirmed on Monday that the country's corporate regulator is investigating it for suspected violations in the issuance of 10-year treasury bonds

Car exports jumped by 38% year-on-year to 417,000 units in April, after a 39% rise in March; but domestic sales were down nearly 6% from 2023

US insurance provider Porch Group is suing China Construction Bank in a US court for allegedly enabling a "massive fraud" that caused it multi-million-dollar losses

Hundreds of the world's top scientists say they expect 2.5C of global warming this century, or more - and dire consequences for humanity

The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say

The provincial capitals Hangzhou and Xian are the latest Chinese cities to drop limits on people buying homes, but analysts say prices need to fall further before buyers return

US officials are looking to restrict the export of closed source AI models to China, Russia and other rivals, sources say, but there is uncertainty on the regulatory set-up it seeks to impose