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Month: May 2022

Posted on 27/05/2022

Foreign-funded banks support Shanghai’s enterprises amid epidemic

Amid the latest resurgence of COVID-19, foreign-funded banks in Shanghai have provided various financial services to enterprises and helped them raise capital and hedge risks. Considering the impact ... ( read original story ...)

Posted on 27/05/2022

Shanghai Takes Baby Steps Towards Ending COVID Lockdown

Tesla added a second shift at its Shanghai plant on Thursday. Alibaba Group cited pandemic-related risks and other uncertainties for not issuing a forecast for its new business year and the central ... ( read original story ...)

Posted on 27/05/2022

Shanghai Economy Improves Fitfully as End of COVID Lockdown Nears

Shanghai took further gradual steps on Friday toward lifting its COVID-19 lockdown while Beijing was investigating cases where its strict curbs were affecting other medical treatments as China ... ( read original story ...)

Posted on 27/05/2022

No work and nowhere to live: a rural migrant’s ordeal in locked-down Shanghai

When Shanghai began its draconian COVID-19 lockdown two months ago, the French restaurant where Sun Wu waited tables closed and the 22-year-old, like countless other rural migrants, lost his job. ( read original story ...)

Posted on 27/05/2022

Shanghai lockdown: Pudong orders Covid-19 tests for 5.7 million residents in countdown towards end of citywide lockdown on June 1

Shanghai stepped up mass tests across the city, ordering more residents to undergo nucleic acid screening for the Omicron variant of Covid-19, as the city begins a countdown to end the two-month ... ( read original story ...)

Posted on 27/05/2022

Private equity, spooked by Ant Group IPO suspension, eyes Chinese ‘hard tech’ sector in paradigm shift

Companies in AI, auto technology, semiconductors, cloud computing, and new energy are set to benefit as strategies align with China’s focus on social stability and national security. ( read original story ...)

Posted on 27/05/2022

Shanghai reports 219 new asymptomatic COVID cases, 45 symptomatic cases for May 26

Shanghai reported 219 new asymptomatic coronavirus cases for May 26, down from 290 a day earlier, while symptomatic cases also fell to 45 from 48, the city government said on Friday. ( read original story ...)

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