ODMs Quanta Computer and Inventec have said they are working with authorities in Shanghai to resume their local manufacturing operations as soon as possible, although they are not included in the "666 ... ( read original story ...)
GDP growth of 4.8% in Q1 is hard won amid lockdown of Shanghai
However, if the government wants to realize the 5.5 percent GDP growth set at the beginning of the year, it needs to immediately gear up effort to drastically reduce the COVID19 infections in Shanghai ... ( read original story ...)
People’s Bank of China steps in to assist Covid-battered supply chains
Beijing has drafted more policies to aid under pressure supply chains as China struggles to handle the omicron variant of Covid-19. Seven new Covid-19 deaths were reported in Shanghai on Tuesday, a ... ( read original story ...)
Shanghai steps up quarantine transfers as new COVID cases decline
Shanghai authorities on Tuesday pleaded for public cooperation with a massive new push to test most of the population for COVID-19 as the city steps up efforts to bring community transmission down to ... ( read original story ...)
Hunger and anger in Shanghai’s unending lockdown nightmare
(CNN)When my 73-year-old father raised concern about his shrinking food supply late last week, the catastrophe brought by Shanghai's citywide Covid lockdown suddenly hit home. "Will be running out in ... ( read original story ...)
China Merchants Bank sinks by most in 11 years as damage to shareholders snowballs to US$34 billion in two days
Losses snowball over two days as shareholders remain in the dark on board decision to remove Tian Huiyu as president. ( read original story ...)
Shanghai reports more COVID-19 deaths as growth downgrades pile up
Beijing | Shanghai reported another seven COVID-19 deaths as the financial hub grapples with a record outbreak that’s brought unprecedented disruptions to residents and threatens the country’s ... ( read original story ...)