Consumer confidence collapses as authorities enforce Xi Jinping’s zero-Covid policy

Biden administration wants to target surveillance camera maker accused of enabling human rights abuses

High-profile founder of tech company makes social media posts invisible as scrutiny intensifies

Chinese ecommerce giant’s Taobao Deals app is aimed at the estimated 930mn consumers in smaller and less affluent cities

Company targets global growth after creating frenzied demand at home for cutesy figurines

Railway official cites client worries about insurance and Russian confiscation

Plus, Report on ‘Ma’ detention sparks Alibaba sell-off and Hong Kong loosens Covid rules

Purchases come as Chinese state-owned commodity traders shy away to avoid sanctions

Fresh wave of lockdowns in Shanghai and a Covid outbreak in Beijing have wrongfooted US-based group

Cosmetics group joins multinationals hit by economic fallout from strict zero-Covid policies