China's post-COVID recovery has been hurt by Beijing's crackdown on real estate and tech giants. Strong exports have, until now, saved the economy but what happens when global demand for Chinese goods slows?
President Joe Biden has invited 109 countries to the virtual summit which will take place on December 9 and 10. China said adding Taiwan to the guest list was a "mistake."
China said it took the punitive step after self-ruled Taiwan opened a de facto embassy in Lithuania.
Chinese officials ordered some of the country's biggest companies — including Alibaba, Tencent and Baiidu — to pay fines for failing to report corporate acquisitions over the past eight years.
"Spiritual opium" is how the Chinese brand video games. After a tightening of the noose around the industry and rules at the start of the school year that limit screen time for teens to three hours a week, Fortnite has announced that it is folding. Three years on and one billion dollars spent, the popular survival game never got regulatory approval, despite the financial backing of Chinese tech giant Tencent. So what is the matter with Fortnite?
Although the virtual meeting between the US and Chinese leaders did not lead to any big breakthroughs, both sides expressed willingness to cooperate on "guardrails" to prevent competition from turning into catastrophe.
Two Philippine boats carrying food supplies for soldiers to the disputed Second Thomas shoal were blocked by the Chinese coast guard, who allegedly fired water cannons on them. No injuries were reported in the incident.
Hundreds of workers are racing to finish what officials say will be India's longest and highest tunnel connecting Kashmir Valley with Ladakh, which shares de facto borders with Pakistan and China.
While talking to US President Joe Biden, China's Xi Jingping warned that attempts to control China with Taiwan were "like playing with fire."
Taipei said it aims to build a "resilient defense" to cope with rising military threats made by China. The threats reportedly include overflights of Taiwanese airspace and cyber warfare.
Chinese property developers have met with a government think tank, amid increasing concern over the real estate sector's heavy debt burden. The liquidity crisis goes well beyond the high-profile firm Evergrande. Also, Australia unveils a €114 million investment aimed at boosting sales of electric vehicles, and Virgin Galactic sells another 100 tickets for sub-orbital space flights.