Millions of people in China are under Covid controls again as Beijing continues to enforce its controversial zero-Covid policy and...

The world's second-biggest economy is set to slow again in the third quarter as Covid lockdowns across the country hit production

Huaqiangbei market in Shenzhen, which houses thousands of shops selling key components like microchips and telephone parts to manufacturers, will be shuttered until Sept 2

China’s homebuyers are refusing to pay mortgage loans and their “stop mortgage repayment” movement has spread to several Chinese provinces

China’s yuan is facing the most sustained depreciation pressure since 2015, when a shock devaluation triggered a global stock market rout

The government will also prioritise the fight against the coronavirus pandemic and stabilise employment and prices, state media reported

BCA Research expects China's recovery to be U-shaped this year, failing to repeat the V-shaped resurgence that followed lockdowns in 2020 during the early part of the pandemic.

"As long as employment is relatively sufficient, household income grows and prices are stable, slightly higher or lower growth rates are both acceptable," Premier Li Keqiang said

The government is looking to boost infrastructure investment to achieve its 5.5% gross domestic product (GDP) growth target for 2022.

A "new paradigm" was at play, said DoubleLine's Bill Campbell, such as tensions around Taiwan and in the South China Sea as potential flashpoints with the West.

The report noted that the conflict in Ukraine and the supply-chain disruptions exacerbated by China's zero-Covid policy are dealing a serious blow to global recovery

Piecemeal measures such as vouchers, subsidies for car buyers and digital yuan payments have been modest compared with other big economies