May sales in China of NEVs rose 49.6% month-on-month despite a 12% fall in overall car purchases, as officials rolled out stimulus to support a market hit by the country's Covid-19 lockdowns.

China-Russia trade reached $65.81 billion in the first five months of this year, up 28.9% over 2021, according to customs data released by China on Thursday

The EV maker has set a target of 71,000 cars at its Shanghai plant for June. Added with 44,301 units produced in April and May, that would be about a third less than its first-quarter output

The company said in a statement it expects to resume production and transport of copper concentrate at the Las Bambas open-pit mine from Saturday

A net 26.1 billion yuan, or $3.9 billion, flowed into Chinese mainland-listed stocks via the Hong Kong Stock Connect programme in the first five days of June

The US-based asset manager's share of the equity in the venture with Chaintouch China comes from its BlackRock Asia Property Fund V vehicle

But the authors of the new World Health Organization report concluded that although no new data pointed to a laboratory leak, more Chinese input was needed.

The company cancelled the three events for positions in sales, research and development and its supply chain that were originally scheduled for June 16, 23 and 30, respectively

The five-year $200 million social bond with a coupon rate of 5.875%, and $500m green perpetual bond at a coupon rate of 6.15% were oversubscribed by nearly five times, the group said.

The risk of a global recession is keeping the US from imposing curbs on India and China, which are buying Russian oil at deep discounts

The dispute started last August when the DRC government announced it had formed a commission to reassess the reserves and resources at the mine

The official PPI rise followed a 8.0% increase in April, and was in line with forecasts in a Reuters poll. It was the weakest reading since March 2021