Some US companies see a massive decline in revenues this quarter while others see output slashed by half

The pessimistic findings from the survey, which focuses more on small firms in coastal regions, are in line with the government's official PMI

The once-booming electric vehicle market has been hit hard and Nomura Holdings says the country’s hardline Covid policy has put...

About 8,000 Tesla employees returned to work at the US company's Shanghai giga-factory on April 19, the Miami-based EV news website said

Volvo said production was down at the end of the first quarter due to a shortage of a specific semiconductor and warned that the supply problem would persist

Additional shipping delays, port congestions and logistics under-capacity are expected while transport hub Shanghai remains in lockdown, the Danish company said.

The company's forecasts came as widespread supply chain disruptions and plunging consumer purchasing affected the world’s second-biggest economy

Shanghai residents are turning to NFT marketplaces like the world's largest, OpenSea, where users can mint content and buy or sell it using cryptocurrencies

Major Taiwanese Apple supplier Foxconn said on Wednesday that it is continuing production in China's Zhengzhou, 800km northwest of Shanghai

China's zero-Covid policy has stirred anger in Shanghai, where millions have been confined indoors for over a month, but the death toll fell to 32 on Sunday

Financial markets have been hit hard over the past two weeks on fears that lockdowns in China would cause severe damage to its economy

China's manufacturing PMI may have slipped to 48.0 in April, the lowest since February 2020, and below 49.5 in March, a median forecast of 26 economists showed