Industrial output plummeted by more than 61% in April, while retail sales sank by 48% and property sales were down by 88% when the city-wide lockdown was imposed

Sun Guofeng, a top Chinese central banker, is under the lens for allegedly leaking official economic statistics to individual bond traders in exchange for personal gains

China lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019

The consultancy urged state authorities to restrict Chinese government-owned companies from state purchase and contracts and restrict university partnerships

Authorities said companies would be required to remove their 5G equipment by June 2024 and would not be reimbursed for their expenses

The statement comes as oil prices rebounded from two days of losses in a volatile session, bolstered by weakness in the US dollar

The investment bank’s analysts say any policy easing brought in so far won’t be enough to negate Covid’s impact and drive any significant growth

The ailing property developer said mass production of its Hengchi 5 e-SUV has been pushed back because of China’s Covid lockdowns

Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%

China's economic slowdown and its crackdown on tech companies have been blamed for new stock listings in Hong Kong plummeting to a nine-year low

Wynn is alleged to have lobbied former president Donald Trump to accede to Beijing's request for the return of a businessman who sought political asylum in the US

The technology hub has been steadily allowing more businesses to reopen and letting larger numbers of residents leave home after a Covid lockdown of nearly seven weeks.