US-Sino trade tensions are unlikely to sink country’s billionaire-driven innovative verve

Decision is first time China has granted such a licence to a foreign-based group

Transaction growth in world’s biggest market turns negative for first time since 1990s

Military expected to absorb any excess capacity in fast-growing industry

Residents say gas-well drilling has polluted underground reserves

Increase underlines White House pressure on allies to pay more for their own defences