The Hurun Rich list, which ranks China's wealthiest citizens, said the number of dollar billionaires dropped by 239 to 946 this year.

Apple said on Sunday production of its iPhone 14 has been hit by Covid-19 restrictions at its key assembly plant in Zhengzhou, in central China.

Chinese authorities have ramped up moves to contain Covid outbreaks after health officials reported 5,496 new local infections on Monday, the worst since May 2

Outbound shipments in October fell 0.3% from a year earlier, the worst result since May 2020, while imports declined 0.7%

China posted a six-month-high cases count as it vowed to stick with its aggressive zero-Covid approach

Beijing is ready to make substantial changes to its Covid-19 policy, a former disease control official told a Citi conference

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

Rumours and news reports have raised hopes for the easing of China's tough Covid curbs and improved relations with the United States

Covid cases hit a six month high on Friday, with 3,871 new local cases. But the rise is causing social and economic strains, while keeping policymakers on edge.

Tough Covid curbs have shut two plants run by EV maker Nio, and caused a fresh lockdown at the world's biggest iPhone factory, while also shutting 1,400 Yum China outlets last month

Some 14 auditors have severed ties with Chinese property firms listed in Hong Kong this year, which has raised concern about debt-ridden developers that have failed to publish financial results

Shanghai's Covid caseload tops 2,700 on Tuesday, while Foxconn boosts pay fourfold to overcome recent worker exodus