China's financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary and middle schools on Sept. 1 after months of COVID-19 closures.

Alibaba Group is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter said, after Beijing's sweeping regulatory crackdown sharply slowed the Chinese e-commerce behemoth's dealmaking pace.

China's Foreign Minister Wang Yi on Tuesday signed agreements in Tonga for police equipment and fisheries cooperation on a tour through the Pacific islands region where Beijing's ambitions for wider security ties has caused concern among U.S. allies.