Beijing has urged stock and futures exchanges to 'make solid efforts to help companies wade through the pandemic'
China's plan to expand its carbon market to companies in the cement, aluminium and steel sectors could be set back till 2023 or 2024, China Dialogue reported on Friday
Up to a third of China's high-yield property developers could default in 2022 as stresses on bond maturities increase, Goldman Sachs warned in a note on Friday
Customs data on Friday showed that China more than doubled its imports of Russian coking coal in April, taking advantage of a large discount compared to other sources
Industrial output plummeted by more than 61% in April, while retail sales sank by 48% and property sales were down by 88% when the city-wide lockdown was imposed
Sun Guofeng, a top Chinese central banker, is under the lens for allegedly leaking official economic statistics to individual bond traders in exchange for personal gains
China lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019
The consultancy urged state authorities to restrict Chinese government-owned companies from state purchase and contracts and restrict university partnerships
Authorities said companies would be required to remove their 5G equipment by June 2024 and would not be reimbursed for their expenses
The statement comes as oil prices rebounded from two days of losses in a volatile session, bolstered by weakness in the US dollar
The investment bank’s analysts say any policy easing brought in so far won’t be enough to negate Covid’s impact and drive any significant growth
The ailing property developer said mass production of its Hengchi 5 e-SUV has been pushed back because of China’s Covid lockdowns