The Latest Breaking News from Shanghai

Shanghai (AFP) - Two teams were disqualified from the ongoing Chinese Basketball Association season on Monday after suspicions of match-fixing, with Yao Ming bemoaning a "sorrowful weekend". 

An Australian man has been refused bail after being charged with a foreign interference offence for accepting cash from suspected Chinese intelligence agents, with a Sydney court saying his close ties to China made him a flight risk.

Shanghai (AFP) - The World Snooker Tour hailed the "momentous announcement" of three tournaments in China this year, including one in Wuhan, as the return of international sport to the country gathers pace.

A man charged over alleged foreign interference is due to face a court in Sydney accused of giving information to spies purporting to be from a think tank.

Global and Chinese automakers plan to unveil more than a dozen new electric SUVs, sedans and muscle cars this week at the Shanghai auto show, their first full-scale sales event in four years in a market that its developing its own EVs, self-driving cars and other futuristic technology

Shanghai (AFP) - The WTA's decision this week to return to China, despite unresolved questions around the safety of player Peng Shuai, betrays the financial and strategic importance of the country to the tennis organisation, analysts and former players say.

The two countries have recently announced a deal to trade in their own currencies, dropping the dollar as an intermediary.

Shanghai (AFP) - Brazilian President Luiz Inacio Lula da Silva criticised the outsize role of the US dollar in the world economy and lashed out at the IMF on Thursday during an official visit to China.

Brazilian President Luiz Inacio Lula da Silva has praised the Shanghai-based New Development Bank (NDB) on his trip to China, saying it "frees emerging countries from submission to traditional financial institutions". The NDB was created by the BRICS group and is headed by his predecessor Dilma Rousseff. Meanwhile in Washington,…

Shanghai (AFP) - President Luiz Inacio Lula da Silva promised Thursday that "Brazil is back!" during a state visit to China aimed at strengthening trade ties and winning support for his push for peace in Ukraine.

Shanghai (AFP) - Brazilian President Luiz Inacio Lula da Silva on Thursday began a China tour aimed at deepening ties with the world's second-largest economy by attending the swearing-in of a political ally as head of a major multilateral development bank.