Fund says Beijing could avoid further lockdowns if it uses "effective vaccines" as it warns that $300bn yuan real estate measure was a "fix" that might not be enough

Wuhan's district of Jiangxia, with over 900,000 residents, said its main urban areas must enter a three-day restriction from Wednesday

Rising concern about consumer and business confidence in China - as strict curbs aimed at stamping out Covid-19 undercut a return to prosperity - have hampered growth

The tech hub is home to major technology companies like iPhone maker Foxconn, BYD, Huawei and ZTE

The country has achieved a 89.7% vaccination rate and given about 56% of its population a booster dose, but only 61% of those aged above 80 getting primary jabs.

Authorities said they had received reports that some employers had refused to employ workers who caught the virus during the city’s two-month lockdown

Officials said funding was completed on Wednesday for the second phase of the advanced manufacturing fund, which invests in Chinese innovation sectors

ADB cited China’s Covid-19 lockdowns as well as monetary tightening and Russia’s invasion of Ukraine as factors dragging down Asian gross domestic product growth

  Authorities in China’s southern technology hub of Shenzhen have ordered strict implementation of testing and temperature checks and locked...

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

From Singapore Airlines and Malaysia Airlines to All Nippon Airways and Japan Airlines, the industry is in various stages of producing and using sustainable aviation fuel for operations