The country's vast property sector has slumped for months as Beijing's campaign to reduce high debt levels triggered a liquidity crisis at some major property developers

The carrier, which intends to compete against the financial centre's dominant airline, Cathay Pacific Airways, was granted a licence last month

A few regions created the "illusion of economic development" by falsifying data and some local authorities issued secret instructions to intervene in manipulating data

Goldman Sachs estimates the default rate at nearly a quarter of outstanding bonds this year rather than the 5.5% that's been reported.

The centre, its second research and development facility in China, will work in tech fields such as connectivity, automated driving and big data, the company said in a statement

Wuhan is offering firms up to 50 million yuan ($7.88 million) in financial incentives each in projects related to the manufacturing of satellites, rockets and spacecraft

Tesla's restart came as movement controls imposed on its workers as part of the city's efforts to curb the latest Covid-19 outbreak eased

Dubbed 'closed-loop management', the factory bubbles approach has been part of Beijing's efforts over the past two years to keep local transmission low by global standards

As of Friday, retail petrol prices will rise by 750 yuan ($118) a tonne and diesel prices by 720 yuan a tonne, the National Development and Reform Commission said

Another US chip firm and Apple supplier, ON Semiconductor, said its manufacturing facility in Shenzhen would be closed March 14-20

But there are several reasons to think that the price of the Fidelity China Special Situations trust has fallen as far as it can

The call, scheduled for Friday, comes as Beijing is trying to present itself as eager to help prevent the Ukraine crisis from worsening further