Industrial output plummeted by more than 61% in April, while retail sales sank by 48% and property sales were down…
The US electric vehicle manufacturer is aiming for daily output of 1,200 cars this week, but hopes to raise production…
Retail sales plunged 11.1%, the steepest fall since March 2020, while industrial production dropped 2.9%. Capital Economics forecasts growth of…
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply…
More than half of US companies operating in China say they have delayed or cut investments as they evaluate their…
Workers overwhelmed security guards at Taiwan-based Quanta's plant in Shanghai, which employs 40,000 people, some of whom live in dormitories…
Numerous companies said setting up a 'closed-loop system' where workers can eat and sleep after working at a factory is…
Some US companies see a massive decline in revenues this quarter while others see output slashed by half
China's manufacturing PMI may have slipped to 48.0 in April, the lowest since February 2020, and below 49.5 in March,…
Local statistics officials said retail sales plummeted by 18.9% in March, while industrial output was also hit.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000…
Strict Covid lockdown measures halted production in key factories. The banking regulator says it will step up support to help…