Company releases details of rescue involving cash injection from special purpose vehicle partly controlled by the Shanghai government

China lists Covid-19 as the second highest deadly infectious disease after AIDS. ByteDance hires a Xiaomi executive as its CFO

As creditors chase the company for 25 billion yuan, Anxin takes legal action against three firms who owe it big bucks

China urges Ant Group to overhaul its business. Beijing’s fight against the Covid-19 pandemic may not end anytime soon

Onetime darling of China’s trust industry doesn’t have to immediately repay state-owned investor millions of yuan that it promised

Investors seeking cash from scandal-wracked trust firm knew the risk they were taking, court rules

Not only is Anxin facing scrutiny over its mounting defaults and opaque operations, but a financial hole worth billions has been discovered on its books

Gao Tianguo is suspected of violating a law that prohibits irresponsible lending practices that result in big losses, company says

Rural development project in western China behind the trust product runs into housing slowdown as government subsidies fail to materialize