Food delivery apps like Meituan and Freshippo are struggling to meet Shanghai's lockdown demand, a situation that could spread to Beijing as cases there grow. ( read original story ...)
Shanghai lockdown forces Hong Kong manufacturers to cope with higher costs, delays and backlogs
Businesses have been forced to adjust their outlooks because of delays resulting from China’s zero-Covid ambitions, but ‘transport isn’t stopping’. ( read original story ...)
Locked down in Shanghai, I’ve caught a glimpse of our techno-dystopian future
For anyone wondering what a techno-dystopian future might look like, this may offer a clue. Scoring meals can mean hours of monitoring your phone: with tens of thousands of people trying to purchase ... ( read original story ...)
Stock Markets In China And Hong Kong Dive, Yuan Slides, Crude Oil Drops On Confidence Crisis In China
The Shanghai Composite and Hang Seng fall to where they'd first been in 2007 during the run-up of the bubble. Click here to know ... ( read original story ...)
Shanghai financial groups urge institutions to stabilise markets
Three financial industry associations in Shanghai on Tuesday urged financial institutions and employees to stabilise markets and provide financing to industries hit by COVID-19, as China's financial ... ( read original story ...)
Shanghai lockdown: China struggles to maintain key supply chains amid ‘dynamic zero’ Covid-19 policy
Local governments in Shanghai and neighbouring provinces, where supply chains have been disrupted by Beijing’s strict ‘dynamic zero’ Covid-19 policy, are struggling to keep supply chains open for car ... ( read original story ...)
‘I Just Want to Help’: Amid Chaos, Shanghai Residents Band Together
As the authorities in China’s biggest city fight to stamp out an Omicron outbreak, neighbors are turning to one another for support. ( read original story ...)