The challenges are likely to contribute to higher inflation but come at a time when demand is waning for many items. ( read original story ...)
Fed up With COVID Lockdown, Bankers, Fund Managers Looking to Leave Shanghai
Finance sector professionals in Shanghai are preparing to move back to Hong Kong and other offshore centres after spending only a few years in the Chinese city as a harsh COVID-19 lockdown has hurt ... ( read original story ...)
Shanghai banks help borrowers weather through the pandemic
As China's eastern metropolis of Shanghai fights to get its economy back on track in the face of a COVID-19 flare-up, the city's commercial lenders are lending a helping hand, especially to the region ... ( read original story ...)
Beijing residents clear out supermarket shelves amid fears that the capital city will soon face Shanghai-style food shortages in a lockdown
The panic comes nearly all of Beijing's 21 million residents were ordered to undergo mass Covid tests on Tuesday. ( read original story ...)
Beijing goes for mass testing amid new COVID clusters as Shanghai reports 51 more deaths amid continued lockdowns
In pursuit of its Zero-COVID strategy, Chinese Capital Beijing has rolled out three rounds of nucleic acid testing for millions of residents in its central district after a sudden spike in COVID cases ... ( read original story ...)
Covid camps, fenced-off apartments and workers forced to sleep in factories — inside Shanghai’s “draconian” lockdown
Covid camps, fenced-off apartments and workers forced to sleep in factories — inside Shanghai’s “draconian” lockdown - More than 25 million residents have been shut inside their homes for four weeks ... ( read original story ...)
Beijing to test 20 mln for COVID as Shanghai lockdown misery looms large
Three-quarters of Beijing's 22 million people began lining up for COVID-19 tests on Tuesday as authorities in the Chinese capital raced to stamp out an outbreak and avert the kind of city-wide ... ( read original story ...)