Authorities detain Yan Bingzhu and raid his home after months of rumors that he was a target of investigators, sources say

Chinese electronic chipmaker joins parade of state-owned enterprises facing default after creditor vote to rollover the debt was ruled invalid

Six-month suspension imposed by industry self-regulatory group is punishment for bank’s role in helping a chronic defaulter sell short-term notes

A coterie of up-and-coming open-source database providers are encouraging Chinese firms to go local

Bank moves to fulfill guarantee of troubled conglomerate’s borrowing after failure to repay bank for defaulted interest payment in March

Once conglomerate Citic Guoan missed an interest payment, it left the bank, a guarantor, on the hook for 2.5 billion yuan