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Hong Kong’s largest real estate agencies, with nearly 900 sales offices in the city, are demanding price reductions for new leases as they expect sales to decline further after the industry’s worst year since 2016.

The consumer price index climbed 5.4% in January from a year earlier, the highest reading since October 2011, when the index grew 5.5%, the National Bureau of Statistics said Monday. The key inflation gauge was higher than December's 4.5% rise and above a median forecast of a 4.9% increase by economists in a Wall Street Journal poll.

Apple analyst Ming-Chi Kuo sees significant uncertainty surrounding iPhone production in China because of the ongoing coronavirus, and has detailed what he is seeing so far at Apple assemblers Foxconn and Pegatron.

U.S. Treasury Secretary Steven Mnuchin said on Thursday he expected China to maintain its commitment to boost purchases of American goods and service by at least $200 billion over the next two years, despite the coronavirus outbreak that has killed hundreds and jolted the Chinese economy.

China is slicing tariffs on $75 billion worth of U.S. products, Chinese government news agencies report. The move is in reciprocation for the Trump administration's plan, announced last month, to halve tariffs on about $112 billion in Chinese goods.

Hon Hai Precision Industry, known as Apple's supplier Foxconn, built its production line for surgical masks and asked employees to sign consent forms for returning to mainland China, so the company could resume its production in China on February 10, according to the Nikkei Asian Review.

There are strict restrictions on moving out of Wuhan, where the outbreak began, a city with a population of 11 million. The lockdown, also now extended to other parts of Hubei province, prevents business-related travel as well as the movement of goods and workers.

Clinical trials of Gilead Sciences’ remdesivir have begun in Wuhan, China, the center of the novel coronavirus outbreak, a day after Chinese researchers recommended that the antiviral drug candidate remdesivir be assessed in humans as a potential treatment for 2019-nCoV.

Expansion in China’s vast services sector softened for the second consecutive month in January as growth in new business and employment slowed, a Caixin-sponsored survey showed Wednesday, adding to evidence that the economy was cooling even before the outbreak of the deadly coronavirus started to impact activity.

(Reuters) - Chinese officials are hoping that the United States will agree to flexibility on some promises in the Phase 1 trade deal as China deals with the outbreak of coronavirus, a Bloomberg reporter said here in a tweet on Monday.

China has extended its coronavirus lockdown to within nearly 100 miles of Shanghai today with a further 12million people now under quarantine. Millions of residents in the cities of Taizhou, Hangzhou and Ningbo were told that only one person per household can go outside every two days to buy goods.

Foxconn has stopped “almost all” of its production in China until February 10th at the earliest due to the coronavirus outbreak, according to both Reuters and Bloomberg. A lengthy stoppage could substantially disrupt Foxconn clients, the most visible being Apple, from shipping devices to customers.

Macau will close all its casinos for two weeks as the gambling hub battles the new coronavirus, its leader announced Tuesday (Feb 4), cutting off the lifeblood of the city's economy.

The coronavirus outbreak could curb oil demand growth if it continues to spread, leading to an extended production surplus as production grows in Brazil, Norway and the US, said Fitch Ratings.

Officials are mulling whether the country's gross domestic product expectations are too high, sources familiar with the considerations told Bloomberg. The government may ultimately lower its GDP estimate as part of a larger review of the outbreak's effects.

The three drugs are Remdesivir, Chloroquine and Ritonavir. They are now under relevant procedures to gain approval for clinical use, said Hubei Daily on Wednesday.

China’s central bank unexpectedly lowered the interest rates on reverse repurchase agreements by 10 basis points on Monday, as authorities stepped up measures to relieve pressure on the economy from a rapidly spreading virus outbreak.

Boris Johnson is to set out his vision for a trade deal with the European Union, saying there is "no need" for the UK to follow Brussels' rules. The prime minister will use a speech in London later to call for a Canada-style free trade agreement - and threaten to walk away if one cannot be struck.

Huawei was excluded from Australia’s high-speed National Broadband Network in 2012 and from its super-fast 5G network in 2018. The company says it never had the chance to discuss the “boundaries” it would have to push to tap into the Australian market.

They have also donated money to non-profit groups and hospitals in Hubei province, the epicentre of the new epidemic.