Five of southern manufacturing hub's 11 districts – and more than half of its 19 million residents – have been affected by the order announced over social media on Wednesday
The producer price index fell 1.3% year-on-year, reversing from a 0.9% gain a month earlier, National Bureau of Statistics data showed, while consumer inflation also moderated to 2.1%
Market participants were stunned when Binance signed a non-binding agreement on Tuesday to buy FTX's non-US unit to help cover what it called a liquidity crunch.
Officials from Danzhou city say the buildings will be completed and turned into rental housing, serviced apartments and used for commercial activities.
The Hurun Rich list, which ranks China's wealthiest citizens, said the number of dollar billionaires dropped by 239 to 946 this year.
Hua Hong Semiconductor, which specializes in mature technology, has been given regulatory approval for a $2.5-billion IPO in Shanghai
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.
Rumours and news reports have raised hopes for the easing of China's tough Covid curbs and improved relations with the United States
The social video app giant said staff must have access European user data to ensure the platform is "enjoyable and safe"
Big Chinese, South Korean and Japanese firms are seen as more likely to follow through than local startups, as they have contracts with global carmakers and experience building large factories
Latest rate hike by the US Fed forced the PBOC set a midpoint rate of 7.2472 per dollar, 275 pips or 0.28% weaker than the previous fix, and the softest since January 2008
A US Federal Communications Commissioner says the US should ban TikTok as there may be no way around concerns about China accessing its user data