China’s trade deficit with Russia balloons. Wealthy provinces slash civil servants’ pay. Plus, the country’s vehicle sales top expectations in June

The Japanese conglomerate had to win over the Shenzhen government to finally boot CEO Allen Wu from the top job

A company called Lotcap Group says that it has signed a letter of intent to purchase 51% of the chip designer’s joint venture from Chinese shareholders

Company launches sub-brand to create tech to help driverless cars to deal better with different traffic conditions

Central bank slashes borrowing costs for small companies and rural sectors; duty-free shopping gets a boost in Hainan; HK national security law takes effect

After board votes to oust CEO Allen Wu, Arm China declares Wu still in charge of unit of semiconductor designer caught up in China-U.S. tech confrontation