The Omicron variant has raised alarm because of the large number of mutations it has, spurring fears that this may help it spread or evade antibodies created by vaccines currently being used

Smartphone giant Xiaomi will build a plant that can produce 300,000 vehicles annually, plus its auto unit headquarters, with sales and research offices in a Beijing tech development zone

A government statement issued late on Friday said Starlink had been told to comply with regulations and refrain from booking satellite internet services in India immediately

Contact tracing is being done to determine the extent of a Covid outbreak in Manzhouli with mass testing due to begin for the city's 300,000 residents and people told not to leave their homes

Wenzhou city in eastern China has issued an arrest warrant for Macau junket mogul Alvin Chau, accusing him of operating gambling activities in mainland China

Markets have plunged as nations shut doors on travellers from southern Africa. The WTO has had to put off its summit next week amid alarm over the 'more infectious' Omicron variant.

Industrial profits in October rose 24.6% from a year earlier to 818 billion yuan ($128 billion), official data showed on Saturday

Hui Ka Yan sold 1.2bn shares in his company on Thursday for $344m, cutting his stake to 67.9% from 77%. Once China's richest man, he could be broke by mid-2022 if the crisis doesn't ease soon

The WHO called an emergency meeting to discuss the variant first found in South Africa. It has a protein very different to the initial Covid-19 and could be vaccine resistant

China will assess methane emissions in sectors such as coal mining, agriculture and petroleum, and publish an emissions control action plan, officials said on Thursday

Debt-laden developer Kaisa plans an 18-month extension for its $400m dollar bond maturing on Dec 7, business intelligence group Redd said. Chengdu city moves to help developers' liquidity.

Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June