A sudden surge in Covid infections has prompted Tesla, Aptiv and Thyssenkrupp to halt or reduce operations at their Shanghai facilities as the Chinese government scrambles to head off another possible ... ( read original story ...)
China reopens 1 city as Shanghai lockdown enters 2nd phase
Residents of eastern Shanghai hoping to emerge from a four-day lockdown got some bad news Thursday night: Some will be confined to their homes for at least 10 more days. It was the latest wrinkle in ... ( read original story ...)
Shanghai urges COVID-19 lockdown patience as case numbers drop for first time in 2 weeks
SHANGHAI: Shanghai authorities on Thursday (Mar 31) appealed to residents to keep cooperating with tight curbs imposed to stop COVID-19 spreading, saying they recognised their frustrations as China's ... ( read original story ...)
Coronavirus: Shanghai lockdown heaps pressure on China’s GDP growth, with ‘more uncertainties’ to come
China could see as much as 10 percentage points shaved off economic growth on a quarterly basis if zero-Covid is maintained, Everbright Securities says The world's No 2 economy is facing its worst ... ( read original story ...)
Shanghai official admits city was ill-prepared for omicron wave
A leading Shanghai official said Thursday the major Chinese city had been “insufficiently prepared” for the COVID-19 wave that is striking the coastal financial hub — a rare admission in the communist ... ( read original story ...)
Shanghai to expand lockdown to most residents as COVID cases rise
Shanghai is set to put the vast majority of its residents under COVID lockdown from Friday, as it expands curbs to include the western half of the city and extends restrictions in the east where ... ( read original story ...)
China oil giant CNOOC plans $5.5 billion Shanghai listing amid heightened geopolitical risks
CNOOC Ltd, China's top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises ... ( read original story ...)