"China's growth outlook is subject to significant risks, stemming from the uncertain trajectory of the pandemic," the World Bank said

Proposal included in big defence spending bill to be voted on this week, after more US states also ban use of China's contentious short-video app

There is worry about the threat of a huge number of deaths, while the US voiced concern about virus mutations and the economic impacts, both at home and abroad

Chinese are concerned over the uncertain economic outlook with Covid surging and Xi Jinping's "common prosperity" drive to cut income inequality, asset managers say

Stocks in China suffered their biggest fall in seven weeks, while Hong Kong, Tokyo, Sydney and most of Southeast Asia also declined. Indian markets, however, enjoyed a small rise.

Taiwan's government has opened an investigation into Chinese social media platform TikTok amid suspicion it illegally runs a subsidiary on the island

The survey suggests that the Chinese economy "may be heading for recession in 2023," World Economics said

The leader manufacturer of chips for automobiles has shut its plant in Beijing after workers caught Covid last week

China's rocky exit from zero-Covid has forced banks and financiers to dust off plans devised to cope with the health crisis, injecting greater of unpredictability into markets

China's draft contains 23 targets geared towards protecting 30% of land and coastal and marine areas worldwide by 2030

The government's five-year tax plan, once unthinkable in pacifist Japan, would make the country the world's third-biggest military spender after the United States and China

“I think as an internationally leading search engine, isn’t your first responsibility providing correct information?” Hong Kong's Deputy Chief Secretary for Administration Warner Cheuk Wing-hing said