Chinese oil giant CNOOC surged 44% in its Shanghai debut on Thursday, after raising 28.08 billion yuan ($4.41 billion) in a public stock offering

Xi says efforts are needed to stabilise global supply chains and maintains that China's economy is resilient and that its long-term trend has not changed

Higher prices help insulate the company from supply chain chaos and rising costs, with the results likely to trigger $23 billion in new payouts to chief executive Elon Musk

But falls were limited by China surprisingly keeping its benchmark lending rates steady for the third straight month at its April fixing

Lee, formerly Hong Kong's security secretary, was one 11 officials hit with sanctions "for undermining Hong Kong’s autonomy and restricting freedom of expression"

In contrast to most major economies that have started to tighten monetary policy to combat inflation, China has stepped up easing to cushion the slowdown

The Fed began raising interest rates last month, and is expected to ramp up its rate hikes starting next month to slow demand for goods and services

The disruptions are sending a new ripple through global supply chains for goods ranging from electric cars to iPhones

Russia and China have already signalled opposition to strengthening sanctions in response to Pyongyang's launch of an intercontinental ballistic missile

BlackRock plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff, sources say

Top offshore oil and gas producer is looking to sell operations in Britain, Canada and the US, because of concern the assets could be subject to Western sanctions, sources say

For most critical minerals, the US and western nations are minority suppliers with only modest capability to influence global markets, Citizens for Responsible Energy Solutions Forum said