EV makers in China produced far fewer cars than expected in March, due to measures taken to control Covid, but they have been selling from stockpiles to enable deliveries

The surge in raw materials costs is hobbling economies worldwide and in China has raised questions about just how much its central bank will be able to ease monetary policy

Shares in the country's 30th-largest developer slid 10% in Monday morning trade while its bond prices also tumbled

Market data shows foreign investors sold a net 38.4 billion yuan ($6.04 billion) of Chinese stocks and bonds in the January-March period, one of the highest such quarterly figures on record

Beijing said the country's pandemic prevention and control is "scientific and effective," as it fights the worst outbreak since the virus first emerged in 2019

Many farmers and agribusinesses in Jilin, a northeastern province of over 24 million people, have complained of difficulties in securing supplies

The output of lithium-ion batteries used for power storage and for powering new energy vehicles stood at more than 9 GWh and 30 GWh, respectively

The company will postpone deliveries of EVs and will work together with suppliers to strive for resumption while meeting Covid-19 curbs

Zong Ming praised the people and frontline workers despite public criticism of strict curbs, while an expert explained the unusually high rate of asymptomatic cases

It was the steepest monthly percentage drop in foreign investors' holdings of CGBs since August 2015, Reuters calculations showed

The firm announced a 16 yuan ($2.50) per share payout in an exchange filing, the most generous amount since the firm was listed in Shanghai in 2017

The carmaker is working to hire more people in China and India as well as Israel, Japan and the US, and hopes to bring its MB.OS operating system onto the market by 2024