Although China's central and local governments have recently launched various incentives to revive a weakening property market, the precedent of Evergrande Group's default is likely to be repeated.

The Shanghai epidemic prevention agency reported multiple new Covid-19 infected cases on July 03 and 04. The authorities added that there is a risk of social transmission in several districts.

Across China, citizens have reported all kinds of hardships due to the Zero-Covid measures in recent months. Some of the reported consequences range from the impossibility of going to work or moving freely, to food and medicine shortages and lack of acces...

According to the Hong Kong Marine Department, a Chinese engineering vessel named "Fujing 001" broke in two and sank in the waters of Yangjiang, Guangdong, on July 02.

According to an analysis from SecretChina, several cities in mainland China are showing varying signs of restrictions on cash withdrawals. Some banks limit the withdrawal amount to no more than 150 dollars, and others limit the number of withdrawals. Mean...