Shanghai revokes a bar’s business license after it violated anti-epidemic regulations and caused cluster infection. A bar in Shanghai’s Yangpu district lost its business license and received a fine ... ( read original story ...)
Shanghai declares third rare extreme heat warning of summer
Temperatures of over 40C cause red alert in the city and test records as heatwave ravages parts of Europe ... ( read original story ...)
China banks, property stocks slump as homebuyers stop mortgage payments
Investors dumped China’s banking and real estate stocks today, fearing deepening trouble in the property sector would begin to hit the financial system as ... ( read original story ...)
The disease burden and clinical severity of the SARS-CoV-2 Omicron BA.2 sublineage outbreak in Shanghai
A COVID-19 outbreak occurred in Shanghai from February 2022 to June 2022 caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) Omicron BA.2 sub-variant. The government imposed ... ( read original story ...)
China’s Second Quarter Was Grim. Here’s What It Means for Its Stock Recovery.
Most economists expect a contraction in real economic activity as a result of the harsh lockdowns that brought Shanghai and Beijing to a standstill in the second quarter and continued trouble in the ... ( read original story ...)
$49 left in bank account: Cleaner loses $330k of life savings to ‘China police’ scammers
It took several letters and a phone call from a 'Shanghai police officer' to convince Zhang Han Cheng that he was in serious trouble with the law — even though he had never been there.The 62-year-old ... ( read original story ...)
Balance of loans in Shanghai rises at end of June
The balance of loans in Chinese yuan reached 9.29 trillion yuan at the end of June, up 11 percent year-on-year, according to t Shanghai Head Office. The balance of foreign currency loans stood at $112 ... ( read original story ...)