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Beijing permits exchange rate to drop below long-defended level

Sentiment towards the country’s stock markets has become increasingly pessimistic

Top general’s comments at Xiangshan security forum come ahead of possible Biden-Xi meeting

Slow economic activity and a property sector downturn have depressed commodity prices and reduced input costs

Beijing outlines fiscal spending plans amid lagging domestic consumption and mounting trade tensions with US

No details of amount of fiscal stimulus as Beijing says it will help regions buy back idle land and property

Abandoned luxury towers pose quandary for city also dealing with housing affordability crisis

Nervousness over the risk of contagion could spread into commodities

Systemic risks are mounting among non-banking financial bodies that lend to struggling house developers

Officials stop short of signalling diplomatic or military assistance to defuse crisis in crucial waterway