The moves follow an import suspension by South Korea last month, after Canada reported its first bovine spongiform encephalopathy case in six years.

Shimao Group said it is in talks with potential buyers such as China Vanke and may consider disposing of some properties to reduce debt

More unwelcome surprises this month have meant no let up in the property crisis that wiped over a trillion dollars off the sector last year

The warning was issued after its shares closed below $1 for 30 consecutive business days through to January 3, Fangdd said

Anyang, a city with a population of 5 million in central Henan Province, is the latest city in recent weeks to begin city-wide testing and impose strict Covid-19 prevention measures

China's New Oriental dismissed 60,000 employees and saw its income plunge 80% after Beijing barred for-profit tutoring in July 2021, founder Yu Minhong said. It has since moved into new fields

Officials from Saudi Arabia, Kuwait, Oman and Bahrain, and secretary general of GCC will be in China until Friday

Amid restrictions in Tianjin port, the most traded iron ore futures on Dalian Commodity Exchange, for May delivery, dropped 2.2% to 698 yuan ($109.52) per tonne

Shimao, which defaulted on a trust loan last week, has asked agents since late December to help seek buyers for its properties

The shares, which have been suspended since October 21, sank nearly 40% in Asia opening hours to HK$0.23, a historical low

Foreign ministers of Saudi Arabia, Kuwait, Oman and Bahrain, as well as GCC secretary general  are on a tour of China

Many people face the prospect of spending a second year away from their families over the holiday break because of concern about catching Covid-19