Exports sank in October by the most in more than two years, official data showed, the most since August 2020. Government vows to boost the economy but said it could take time.
China home prices and sales dropped further in October, according to private data, while Shanghai developer CIFI has suspended payment on offshore debt. Analysts say Covid policies are making the crisis worse.
Shanghai's Covid caseload tops 2,700 on Tuesday, while Foxconn boosts pay fourfold to overcome recent worker exodus
Critics have claimed a talent crunch and geopolitical tensions have impacted Hong Kong’s international status
The debt-ridden developer said it hopes to extend its repayment deadline after "experiencing significant declines in its sales and operations"
Goldman Sachs estimates that $100 billion to $200 billion of foreign holdings could be at risk if global funds significantly cut their allocations of Chinese equities
As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said
The government will also review property rights for tokenised assets and explore legalising so-called smart contracts
The final 23 metric tonne module is expected to dock with the station within hours, completing China's new space outpost and orbiting-research facility
Foxconn is Apple's biggest iPhone maker, producing 70% of iPhone shipments globally, which in turn makes up 45% of the Taiwanese firm's revenue
China will make $27.6 billion available in special loans to ensure the delivery of stalled housing projects, central bank governor Yi Gang said
The Z-20 beats the Black Hawk on a number of features such as fly-wire-fire control and active control systems for noise and vibration, chief designer Deng Jinghui said