The carmaker laid off about 200 employees at the driver-assistant system unit. One man who lost his job said: "We're definitely shocked; we're definitely blindsided."

Currency firms after China's slashes the quarantine time for inbound travellers by half to seven days in a major easing of one of the world's strictest Covid-19 curbs.

The real estate company completed a one-year maturity extension on $500 million in senior unsecured notes, prompting S&P to regrade it one notch higher to "CCC".

The unmanned Tianwen-1 reached Mars in February 2021 on the country's inaugural mission there. A robotic rover has since been deployed on the surface

Yu Liang's comments helped to drive up the CSI Real Estate Index 6%, while Hong Kong's Hang Seng Mainland Properties Index rose more than 1%

The Chinese fashion firm set out to create a global luxury clothing empire, but has struggled under the weight of its debt and its financial difficulties worsened with Covid-19

PetroChina may exit natural gas projects in Australia and oil sands in Canada to focus on sites in Africa, Middle East and Central Asia.

China's public security ministry said its cyber division would identify and remove social media accounts and posts that disrupt social harmony

Heavy flooding is likely to continue in July and August, according to a government official. Meanwhile, drought conditions are also exacerbating problems in other regions.

A source said the price-per-barrel cap level had not yet been determined, but it would have to be high enough to give Russia an incentive to keep producing oil

The find - after Zhang was granted more than 17 hours on a sophisticated radio telescope in Guizhou - was announced in the official Ministry of Science and Technology newspaper

Admiral John C Aquilino told the Air Force Magazine that the fifth-generation F-22 and F-35 fighters "are critically important to the ability to deliver deterrence”