Shares plunged, then recovered, after CCTV revised a report to make clear the individual involved was not billionaire Alibaba founder Jack Ma
Washington is ahead of Beijing in the race but can be expected to be overtaken, former Google boss Eric Schmidt said
The worst is over for shop rents, which are likely to increase by at least 10% in some residential areas
China's zero-Covid policy has stirred anger in Shanghai, where millions have been confined indoors for over a month, but the death toll fell to 32 on Sunday
The once-booming electric vehicle market has been hit hard and Nomura Holdings says the country's hardline Covid policy has put the economy on the brink of recession.
Purchasing managers' indices data released on Saturday showed factory and service-sector activity declined for a second straight month in April, it said
More than 80 cities have sought to boost demand, with subsidies, smaller down payments, mortgage rate cuts and relaxed purchase rules.
Shuttered since mid-March, the plant will resume operations as the city eases covid restrictions.
Head of Russia's foreign ministry's first Asia department tells news agency Interfax Russia-China trade target could be hit even sooner.
Improved profitability comes on the back of shrinking bad debts.
Manufacturing Purchasing Managers' Index fell for second straight month.
Chinese tech stock surge, gaining faster than overall stock market as investors hope China's tech crackdown is easing.