China's uncompromising Covid policies, poor domestic demand and a real estate sector crash all combined to deal a heavy blow to the country's industrial sector

The move followed pushback from trade groups like the US Chamber of Commerce which argued the measures would not further US national security

Beijing's loosening of rules that have hobbled the world's second largest economy is being seen as the strongest sign yet that China is preparing its 1.4 billion people to live with the disease

The bleak data also underlined the impact of fresh Covid restrictions across many Chinese cities including manufacturing hubs Zhengzhou and Guangzhou

Analysts predict China may now re-open the economy and drop border controls sooner than expected next year, with some seeing it fully open in spring

The IMF identified China's Covid restrictions as a major deterrent for investors, the SCMP said

"We cannot give authoritarian regimes any chance to exploit our vulnerabilities and undermine us," NATO chief Jens Stoltenberg said

Asia-Pacific is no one's backyard and should not become an arena for big power contest, the Chinese President said

Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities

Analysts say Covid is the biggest pebble in China’s shoe, dragging on demand and investment in the world’s No2 economy

Tesla chief executive Elon Musk said that China, Tesla’s second largest market, was in a “recession of sorts"

China's Baozun said its would acquire Gap Taiwan and Gap Shanghai for a sum of $40 million