EQT Mid Market Asia III fund made the investment in Guardian Shanghai Hygiene Service, which has a substantial presence in China's populous southern and eastern provinces.

ADB prescribed easing barriers to transport and trade, and boosting investments in education, training, health systems, social assistance, green infrastructure and technology

The US FDA had said it would approve drugs based on China-only trials. Last month it did a U-turn, arguing that single-country trials are a step backward in achieving the racial diversity the US needs.

Signs of growing public frustration and anger have emerged across China as authorities enforce their 'zero-Covid' policy to try to counter the more infectious Omicron variant

Vietnam reopened its doors to foreign tourists with relaxed entry rules last week, but experts are worried the absence of tourists from China, Japan and Korea will be difficult to fill

The latest wave of Covid-19, driven by the more contagious Omicron virus, has resulted in more than 20,000 infections all over the country

Major Apple supplier said in a statement it has "basically resumed normal work order and production operations" in Shenzhen

Hesta chief executive Debby Blakey said Facebook's social licence to operate had been undermined by successive scandals involving poor oversight of content regulation

Analysts however await a significant recovery in inbound tourism, with tourists currently a fraction of travellers entering under vaccinated travel lane scheme

Financial hub reported a record daily surge in local Covid-19 infections on Monday as authorities scrambled to test residents and rein in the Omicron variant

Ministry of Agriculture and Rural Affairs issues statement after Chinese President Xi Jinping seeks more effective Covid-19 measures

The city has some of the most stringent Covid-19 rules, with a ban on flights from nine countries including Australia and Britain, and hotel quarantine of up to two weeks for travellers