A senior banker from Nomura Holdings Inc.'s Hong Kong arm has been prohibited from leaving mainland China, in a move seen as part of an investigation into Bao Fan, a prominent Chinese tech dealmaker,
A slew of lacklustre indicators for October show strict and enduring Covid curbs as well as a global slowdown are dragging on China's economy, analysts told
The world's second-largest economy reported its first decline in exports since the early days of the pandemic last month, while factory activity and gate prices also fell.
A slew of lacklustre indicators for October show strict and enduring Covid curbs as well as a global slowdown are dragging on China’s economy, analysts told AFP, with prospects looking increasingly grim for 2023.