China’s biggest technology companies – Tencent, ByteDance, NetEase and Alibaba – are racing to stake a claim in the booming virtual world

``Global investors' appetite for Chinese assets will remain low as China's outlook is highly uncertain due to the zero-Covid policy,’’ says Oxford Economics.

Biden's comments appeared to be a departure from the existing US policy of "strategic ambiguity" toward Taiwan, but an aide said there had been no change. 

The investment bank’s analysts say any policy easing brought in so far won’t be enough to negate Covid’s impact and drive any significant growth

China is losing its popularity among US firms both as a source of supply and as a market due to the country’s unwavering zero-Covid policy, as well as geopolitical tensions, AmCham warns

Foreign investment by Costco, plus South Korea’s Posco Chemical, Germany's Volkswagen and Japan's Hitachi for projects in China was well on track, the commerce ministry said

China’s ride-hailing giant Didi Global has cut half its UK employees and told staff plans to launch services in the UK and Europe are on hold till at least 2025, the Guardian said

Hong Kong-listed BYD shares opened with a 10% dip after authorities launched an investigation into pollution claims and alleged health issues near its Changsha city factory

Shanghai's Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy Technology Institute

Shanghai, which accounts for 11% of China’s auto output, has been hit by its worst coronavirus outbreak in two years halting production lines at Tesla, VW and CATL

Switzerland has less demanding audit requirements than the US, which is preparing to delist Chinese companies that have flouted its rules

The Hang Seng Mainland Properties Index surged almost 18% after the Ministry of Finance said it is the wrong time to expand property tax trials.