China’s production hub restarted parts of its subway system and several bus routes on Sunday but its authorities remain on high Covid alert

The US tech giant is said to be planning to increase output outside China at sites it has shortlisted in India and Vietnam after being hit hard by Covid lockdowns

Workers in Shanghai were disinfecting subway stations and trains before reopening four metro lines and 200 bus routes on Sunday

Covid restrictions have forced Chinese producers of battery materials for EV makers to cut production by up to 40%, reducing demand for lithium

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