The steep sales decline was caused by swingeing lockdowns that shuttered production sites and sales outlets.
Numerous companies said setting up a 'closed-loop system' where workers can eat and sleep after working at a factory is an "onerous demand" they cannot achieve
US accounting regulators have arrived in Beijing in a bid to resolve the long dispute over the auditing of Chinese companies listed on US stock exchanges, people familiar with the matter said
The CSI 300 index of stocks listed in Shanghai and Shenzhen dropped by more than 2.5%, while in Hong Kong the benchmark Hang Seng index fell as much as 3.8%.
The report by the Rand Corporation said that Australia, Japan, the Philippines, South Korea and Thailand are all reluctant to deploy such weaponry
'No limits' partnership between China and Russia cemented in February has taken a new turn. After being excluded from global payment SWIFT, Russia has other plans.
According to an internal memo, the US carmaker plans to churn out 2,600 electric cars from the Shanghai plant per day from May 16
He is also charged with issuing financial bills in violation of regulations, illegally issuing "huge" amounts of loans and concealing overseas deposits
An Indian court granted relief on the seizure, provided that Xiaomi inform Indian authorities of fund transfers such as royalty payments, a source said
Nio, which was this week added to a US list of potential delisting candidates, announced on Friday it is seeking a secondary listing
The Chinese Communist Party's central political committee has allowed local civic authorities to tweak real estate policies based on domestic realities
The trend comes as the Politburo said China would "fight any comments and actions that distort, doubt or deny" the country's Covid-19 response policy