China has declared victory in defending Shanghai from the coronavirus pandemic, underscoring Beijing’s unrelenting commitment to its zero-Covid strategy despite the economy teetering on the edge of ... ( read original story ...)
Shanghai returns to life as Covid lockdown eases
Traffic, pedestrians and joggers have reappeared on the streets of Shanghai as China’s largest city begins returning to normalcy amid the easing of a strict two-month Covid-19 lockdown. The measures ... ( read original story ...)
Shanghai reopening: stock exchange to release staff from sleeping on-site on June 6, breaking its ‘closed loop’ as city exits lockdown
Exchange staff have been locked in the building since late March to ensure trading goes on at China’s largest bourse. ( read original story ...)
Bank loans and foreign exchange grind to a halt amid China lockdowns
Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfil them due to Covid-19 lockdowns, forcing the lenders to halt services such as ... ( read original story ...)
Fashion-obsessed Shanghai residents flocked to luxury stores on the first day the city reopened following its brutal lockdown
"Revenge spending in Shanghai means long queues outside Hermès," said a user on China's Twitter-like Weibo platform. ( read original story ...)
Shanghai reopening: all exchange staff, who have kept China’s largest bourse ticking through two-month-long lockdown, to leave closed loop on June 6
All technicians, compliance officers and back-office clerks will be able to commute from home every day Some employees were allowed to leave the closed loop on Wednesday The Shanghai Stock Exchange ... ( read original story ...)
Chinese stocks rise on stimulus, Shanghai reopening; COVID uncertainty lingers
China's cabinet said on Wednesday it would increase the credit quota for policy banks by 800 billion yuan ($120 billion) for them to support infrastructure construction ... ( read original story ...)