Strict Covid lockdown measures halted production in key factories. The banking regulator says it will step up support to help restart production.

China’s tech hub Shanghai is approaching its third week of lockdown and that will have a major impact on supply chains for iPhones, MacBooks and PCs, analysts say

Beijing intervened in Shanghai after the failure of its slice-and-grid approach, and insists that the country stick to its elimination approach to Covid-19

The US electric vehicle outfit, now making cars in Shanghai, sold 59,800 China-made autos in January, down from 70,800 in December