China defends its economy amid signs of slowdown and weak domestic demand, pointing out that its first-half GDP growth of 4.7% remains in line with its potential.

Logan Group, a Chinese real estate developer, has passed a major hurdle after a Hong Kong court approved a plan to restructure its foreign debt of approximately $7.5 billion, but it still faces liquidity risks.

Typhoon Narra slammed into southern China, causing widespread flooding. Water levels in 15 rivers exceeded warning levels, and heavy rain is expected to continue until August 26.

A Guangzhou court has accepted a bankruptcy petition and ordered the liquidation of Hengda Real Estate after it failed to pay its debts and lacked sufficient assets to cover all its liabilities.

China counters Trump, saying "economic warfare" won't resolve the Iranian crisis and calls for a return to diplomacy, fearing it will escalate US-China relations.

Sales of China's top 25 luxury brands fell by more than 10% in July, following government controls on capital outflows and stricter taxes on foreign assets, impacting the wealth effect of the affluent.

A Chinese court has sentenced the founder of Evergrande to life in prison on multiple charges, including accepting illegal deposits and fundraising fraud, and ordered the company to pay a fine of 1.58 billion yuan.

Chinese refineries are accelerating their purchases of Iraqi crude oil to bridge supply gaps from Saudi Arabia and ADNOC, while Iraq is increasing exports through the Strait of Hormuz.

Chinese billionaires are urgently reviewing or restructuring their offshore trusts after China imposed a 20% tax on both asset transfers and annual income, along with expanding scrutiny of insurance and foreign income.

The People's Bank of China signaled a halt to the yuan's appreciation to a three-year high, setting a central parity rate of 6.7808 yuan per dollar amid pressure on the US dollar.