China Merchants Bank Co. slumped in Shanghai and Hong Kong markets Tuesday after the surprising departure of its President Tian Huiyu, who spent nearly nine years building the lender into the nation’s ... ( read original story ...)
Shanghai’s COVID-19 lockdown takes economic toll
The strict lockdown in Shanghai is putting immense pressure on the city’s economy — home to China’s financial hub. At the Port of Shanghai, shipment delays are having a major impact on the global ... ( read original story ...)
Shanghai reports 7 more Covid-19 deaths as cases stay elevated
The people who died were aged between 60 and 101 and had severe underlying health conditions. . Read more at straitstimes.com. ( read original story ...)
I live in locked-down Shanghai — here’s what life is like in China’s most modern metropolis
A lockdown of Shanghai is the end result, and absolutely nothing can be allowed to stand in the way of Xi Jinping’s quest to be president for life. ( read original story ...)
HSBC: The Cheapest Bank For Big Gains
HSBC is poised to benefit from the rising interest rate environment across the globe. Read more to find out why we rate HSBC a buy at its current price. ( read original story ...)
Shanghai’s Long Covid Lockdown Poses a Threat To the Global Economy
Shanghai, an industrial center and home to the world’s largest port, has been under lockdown for nearly a month. That has an impact on global supply chains and inflation. ( read original story ...)
China’s Shanghai lockdowns have California ports bracing for shipping chaos, supply-chain ‘hiccups’
If China’s disruptive lockdowns persist, they could fuel global inflation, slow the pace of exports shipped from the ‘world’s factory’, and weaken demand in the world’s largest consumer market, ... ( read original story ...)