Local statistics officials said retail sales plummeted by 18.9% in March, while industrial output was also hit.

Shanghai's long-running Covid lockdown continues while big cities and neighbouring states – Hong Kong, Thailand and Singapore – are easing restrictions or set to open up.

Shanghai’s Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy...

Chinese stocks neared two-year lows as Shanghai extended its lockdown restrictions, hitting hopes of growth in the world’s No2 economy

People's Bank of China governor Yi Gang said China's financial market is not immune to external shock and the pandemic has also applied more pressure

In a question and answer posted on its official WeChat account, the Shanghai government said the city's epidemic was showing a "positive trend"

Residents in Hong Kong flocked to beauty salons, massage parlours, gyms, cinemas and temples for the first time in months on Thursday, after officials relaxed stringent Covid curbs

Fund managing director Kristalina Georgieva also called on Beijing to open its purse strings wider for low-income countries with their mounting debts

Shanghai's Covid curbs may prevent Tesla from getting the parts it needs to sustain production, says the Jiangxi New Energy Technology Institute

Stringent lockdown measures have left the city struggling with loss of income, irregular food supplies, separation of families and poor quarantine conditions

Traders and analysts expect lending rates will be lowered this week for China's commercial banks to aid an economy hit by Covid lockdowns

The Chinese president's high-profile reiteration of the policy reflects a political imperative not to reverse course and look weak in a year in which he needs to appear strong