China has taken a step forward in its ambitious plan to land astronauts on the moon by 2030 – unveiling the specially designed spacesuit its crew will don for what’s expected to be a landmark mission in the country’s space program.

China has given a first look at a new high-tech spacesuit, as it plans manned lunar landing by 2030. The red and white suit is reportedly lightweight and has a number of specialist features, including cameras that can record both close-ups and long-range distances.

China's CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.

Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It's just not enough to reverse the magnitude of China's problems — including an epic property crisis and high youth unemployment — they say.

Chinese stocks extended a blistering rally on Monday with those in the mainland headed for their best month in almost a decade, as Beijing rolled out further stimulus measures to arrest a slowdown in the broad economy.

Stellantis and Aston Martin have become the latest European carmakers to issue profit warnings as the industry is hammered by competition from cheaper Chinese rivals. In recent weeks, Germany’s Volkswagen,

Aston Martin cut its full-year profitability guidance and said supply-chain disruptions and weak demand in China will hurt delivery volumes, making it the latest car company to warn on its outlook.

Aston Martin on Monday warned of lower annual core profit and cut its forecast for production volumes on supply chain disruptions and weakness in China, sending shares 8% lower in early trade.

By Clare Jim HONG KONG (Reuters) -Shares of China's property developers soared on Monday, with broad double-digit gains, as investors cheered easier home purchase rules in major cities and Beijing's latest burst of stimulus to boost confidence in the depressed sector and the economy.