Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities
Analysts say Covid is the biggest pebble in China’s shoe, dragging on demand and investment in the world’s No2 economy
Tesla chief executive Elon Musk said that China, Tesla’s second largest market, was in a “recession of sorts"
China's Baozun said its would acquire Gap Taiwan and Gap Shanghai for a sum of $40 million
Hua Hong Semiconductor, which specializes in mature technology, has been given regulatory approval for a $2.5-billion IPO in Shanghai
China's 'Big Three' state airlines pledged to buy a total of 292 Airbus jets in July, making it the biggest order at the time by Chinese carriers since the Covid-19 pandemic
China's financial and banking regulatory officials also promised to rein in financial risks and deleverage the economy
Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities
As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said
Foxconn is Apple's biggest iPhone maker, producing 70% of iPhone shipments globally, which in turn makes up 45% of the Taiwanese firm's revenue
Reports of Foxconn's Zhengzhou campus operating in a “production bubble” went viral on Chinese social media platforms
China’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation