Property sales in China saw their biggest monthly fall in 16 years in April as Covid lockdowns sapped demand despite moves by officials to ease borrowing limits and revive the sector

The US electric vehicle manufacturer is aiming for daily output of 1,200 cars this week, but hopes to raise production in Shanghai to about 2,600 cars a day next week

Retail sales plunged 11.1%, the steepest fall since March 2020, while industrial production dropped 2.9%. Capital Economics forecasts growth of just 2% this year.

The exercise seeks to simulate armed confrontations with neighbours in the East and South China Sea, analysts say

Immigration agents and lawyers said there has been a spike in inquiries in the past month, the report said

The reduction in mortgage loan interest rates aims to support demand and promote stable and healthy development of the real estate market

Shopping malls, department stores, and supermarkets will begin resuming in-store operations and allow customers to shop in "an orderly way", while hair salons and vegetable markets will reopen with limited capacity

Commercial hub Shanghai hoped to exit a painful six-week-old lockdown later this month as authorities hoped one last round of tightening would eradicate the last infections in one of the worst Covid outbreaks in China

Foreign investment by Costco, plus South Korea’s Posco Chemical, Germany's Volkswagen and Japan's Hitachi for projects in China was well on track, the commerce ministry said

Export volume from Shanghai is almost back to normal as carmakers prioritize them over domestic shipments.

Fourteen of China’s top 15 carmakers reported sales losses last month while EV firm BYD’s April sales surged 138.4%

The central bank has made three interventions in two days, spending HK$8.533 billion (US$1.08 billion) in total to defend the local currency, which is weakening because of capital outflows