Imports totalled $89.66 billion in the first nine months of this year as India purchased more Chinese machinery and intermediate goods, the Hindu said

Some 28 cities were implementing varying degrees of lockdown measures, with over 200 million people affected in regions responsible for a quarter of national GDP at the start of this week

Profits at China's industrial firms fell by 6 percentage points in September. Covid restrictions, the property crisis and weakening demand were the key reasons.

Reports of Foxconn's Zhengzhou campus operating in a “production bubble” went viral on Chinese social media platforms

Cases have been rising in China, even in the Beijing, which has some of the strictest Covid barriers, despite the tough zero-Covid policy. Parts of Wuhan and Guangzhou have also been locked down

Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges

The downgrade to B2 from B1 came after the Chinese conglomerate said last week its units would sell a combined 60% stake in Nanjing Nangang Iron & Steel United for up to $2.2bn

The onshore yuan finished the domestic session at 7.1825 per dollar, the strongest since October 12, while its offshore counterpart traded at 7.2151 at around 0830 GMT.

The Chinese leader has secured another term and surrounded himself with loyalists but must now deal with an ailing economy and an antagonistic West

The Chinese officials, Zheng Wang and Guochun He, allegedly attempted to bribe a US official to access details of a Huawei investigation

But Germany's economy and foreign ministries were still advising against the deal, even with the amended terms.

The likes of Rokid, Thunderbird Innovation and Nreal have all released new smart-glasses products this year, Pandaily said