Factory production and activities in major manufacturing hubs like Shenzhen and Tianjin were hit in the month by heatwaves and Covid curbs that were imposed

US regulators were cautious about the deal signed with China on Friday, which will allow initial audits of US-listed Chinese firms in Hong Kong from mid-September

Shares on mainland China slipped on Friday, but Hong Kong rose on news of a possible deal between the US and China with audit teams due to conduct initial checks in the city

Policy work has also been undertaken to assist foreign firms to resume activity amid the Covid-19 pandemic, government spokesperson Shu Jueting said.

The US must match China's huge investment in clean energy as Beijing uses any industrial dominance for geostrategic power, a senior US defence official said

The new computer will solve data and problems that existing computers cannot, representing technological strides in AI, material simulation, and finance, Interesting Engineering reported

China dependence on foreign sources of battery metals such as nickel, lithium and cobalt poses a risk to its electric vehicle industry, a metals industry official said on Friday.

The US Department of Transportation move follows the recent cancellation of 26 American Airlines, Delta Air Lines and United Airlines flights over Covid-19 cases.

Regulators in Beijing have told Chinese companies listed in New York and their auditors to get their accounts to Hong Kong to prepare for inspections by US auditors

This was the largest share listing in Hong Kong this year and raised $2.1 billion for China Tourism, which is a major duty-free network operator in mainland China

The US tech giant was China's leading premium smartphone provider in the second quarter, followed by China's Vivo, the South China Morning Post said.

Senior executives at some Chinese state banks and asset managers are wary of dealing with debt-laden developers and incurring substantial losses of their books, sources say.