The Nasdaq Golden Dragon China Index of New York-listed mainland companies, consisting mainly of internet giants such as Alibaba Group, Baidu.com and JD.com, lost 5.6% this month

Foreign firms saw their profits slide 16.2% in January-April from a year earlier, while private-sector firms recorded a 22.5% plunge

As the impact of charges levelled against consultancy firm Capvision reverberates across the industry, some consultants in China are now scrambling to reduce risk

The reading marked the first contraction in China’s industry since January when an abrupt exit from zero-Covid policies sparked a wave of infections across the country

The move comes amid repeated warnings from Chinese officials of a severe and complicated situation for foreign trade as export orders plunge

"This year will be the hardest for us," said one of the exporters at the trade event, expressing concerns about the weak global economy hurting business

Major Chinese cities have seen a rebound in home sales over the past month, as pent-up demand was unleashed after the roll back of stringent Covid curbs

April could see a good recovery in sales growth thanks to a low base in the corresponding period last year when China imposed strict Covid-19 lockdowns

Firms debuted at cheap prices, and jumped under new listing scheme; Shenzhen CECport Technologies, an electronic components distributor, opened 161% higher and surged 239%

Chinese delegations of city and business officials are crossing the border more frequently than ever, in trips ranging from Hong Kong to Paris, to "grab investment"

"Achieving carbon neutrality requires 'carrots and sticks'," People's Bank of China Governor Yi Gang said

China's new premier, who took office this month, said Beijing opposed trade protectionism and decoupling, in veiled comments aimed at the United States