The postponement of a planned summit between United States President Donald Trump and Chinese President Xi Jinping has introduced fresh uncertainty into an already delicate trade relationship between the world’s two largest economies. The meeting, originally expected to take place in Beijing later
JPMorgan Chase is expanding its leadership team in China with the appointment of veteran banker Yi Zhang as co head of China investment banking, signaling a renewed push to capture deal activity across the region. The move reflects growing competition among global financial
The European Union has announced sanctions against several technology companies based in China and Iran following investigations into cyber attacks targeting EU member states. Officials said the measures are aimed at holding organizations accountable for activities that compromised digital infrastructure across multiple European
McLaren endured a difficult moment at the Chinese Grand Prix after both of its drivers were unable to start the race due to technical issues with the power units supplied by Mercedes. The unexpected failure meant that reigning Formula One champion Lando Norris
Following escalating tensions and military conflict in the Middle East, Iran has indicated that future trade passing through the strategically vital Strait of Hormuz could increasingly be conducted using China’s currency, the yuan, rather than the US dollar. According to regional reports and
Alibaba Group Holding has reorganized its artificial intelligence operations by launching a new business division called the Alibaba Token Hub Business Group. The move places all major AI teams and products under one centralized structure led directly by CEO Eddie Wu Yongming. The
China and Vietnam are preparing to hold their first high level ministerial dialogue under a newly established strategic platform even as tensions linger over disputed territory in the South China Sea. Senior officials from both countries are expected to meet next week as
Italian government officials are preparing to meet with representatives from tyre manufacturer Pirelli and its key investors as tensions grow over the influence of Chinese ownership in the company. The discussions are expected to focus on the role of Sinochem, a Chinese state
Chinese property developer Fantasia Holdings has announced a sweeping plan to restructure nearly $4.7 billion in offshore debt as the company attempts to stabilise its finances following years of turmoil in the country’s real estate sector. The Shenzhen based developer revealed detailed terms
Discussions are underway regarding a potential investment by Mercedes in the Alpine Formula One team as negotiations continue over a minority stake currently held by a group of investors. Alpine executive advisor Flavio Briatore confirmed that talks are taking place with the German
