China angered by US President Joe Biden's remark that he's willing to use force in the event of a China-Taiwan conflict, serving as another blow to US-China relations.

The issue of China-Taiwan loomed over a meeting in Tokyo of leaders of the Quad grouping of the US, Japan, Australia and India, who stressed their determination to ensure a free and open Indo-Pacific

A new report by Oxfam, the UK charity, says the wealth inequality gap increased as a new billionaire was created every 30 hours in the first two years of the Covid pandemic, while the poverty level grew for millions.

Exchange-traded funds and foreign mutual funds that invest in Chinese yuan bonds saw a record outflow – of $2.3 billion – in the week to May 18, according to Refinitiv Lipper data

Officials in Beijing on Monday reported 99 new cases in the Chinese capital on May 22, the highest tally to date in its month-long outbreak, while Shanghai prepares to reopen next week

China's yuan has seen its best week in about 18 months, extending gains on Monday against the dollar, as Shanghai lifted more Covid restrictions

Prolonged Covid lockdowns, plus the serious housing market downturn has foreign investors questioning if China is losing its pragmatic approach to managing the economy", report says

China's plan to expand its carbon market to companies in the cement, aluminium and steel sectors could be set back till 2023 or 2024, China Dialogue reported on Friday

Up to a third of China's high-yield property developers could default in 2022 as stresses on bond maturities increase, Goldman Sachs warned in a note on Friday

Industrial output plummeted by more than 61% in April, while retail sales sank by 48% and property sales were down by 88% when the city-wide lockdown was imposed

Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%

Do Kwon, the young Korean who created the Luna token, built a huge house of cards thanks to millions ploughed in by investment firms, despite the coin's very unstable foundations