Life is set to return to normalcy from Wednesday, when passes issued for people to go out for a few hours will be scrapped, public transport will resume and residents can go back to work

Case numbers dropped on Sunday, but many Shanghai residents don't know when they can leave home and analysts said the sustainability of any economic rebound hinges on Covid developments

China will spend more than $52 billion this year on testing, new medical facilities, monitoring equipment and other anti-Covid measures, which will benefit about 3,000 companies

Local officials were left grappling for solutions after Chinese Premier Li Keqiang and central bank governor Yi Gang hinted this month that there is relatively little the government can do

Authorities in both Shanghai and Beijing eased restrictions on Sunday, reopening venues, transport systems, while announcing plans for a wind-down of curbs in coming days

After two months of a tortuous Covid-19 lockdown, Shanghai is moving slowly toward a reopening next Wednesday – June 1, while officials in Beijing are also looking to ease curbs on Sunday

Auto sales have slowed, gamers are purchasing fewer consoles and the Chinese are hesitant to replace older smartphones, TVs, laptops as covid curbs weaken spending power and render more people jobless.

Covid lockdowns in China lifted Alibaba's earnings, thanks to surging demand for cloud services as millions of citizens work from home and shop online

China's economy will be slow to recover, despite Shanghai, a city of 25 million people, reporting on Thursday that it had 338 new locally transmitted infections for May 25, the lowest since mid-March

Divergent comments by China's top two leaders seem to have "exposed what government officials and policy advisers describe as simmering tensions among top Communist Party officials"

The China Passenger Car Association (CPCA) data showed sales of passenger vehicles fell 16% from the same period a year earlier to 780,000 units

The latest drop came as an analyst lowered his price target for Tesla stocks to $800 from $1,150 over Covid-19 lockdowns in Shanghai and supply chain issues