While not citywide like elsewhere in China, the lockdowns in Shanghai have led to desperation among those with chronic conditions such as kidney failure in incidents which evoke the traumatic scenes ... ( read original story ...)
China property developer CIFI to issue $250m convertible bonds
Co Ltd said on Friday it will issue HK$1.96 billion ($250.22 million) three-year convertible bonds for refinancing a bond maturing this month. The Shanghai-based company is one of the few Chinese ... ( read original story ...)
Shanghai Locks Down Western Half as Virus Fight Deepens
Shanghai started part two of its phased lockdown on Friday, confining some 16 million people living in the western half of the city to their homes after ending a four-day lockdown of the east. ( read original story ...)
Shanghai COVID curbs prompt half of U.S. firms to cut revenue forecasts – survey
More than half of U.S. multinational companies in Shanghai have reduced their annual revenue projections due to the recent COVID-19 outbreak in the city, according to a survey by the American Chamber ... ( read original story ...)
China Censors Shanghai Protest Videos as Lockdown Anger Grows
China is struggling to manage growing public unhappiness over tough Covid Zero measures in Shanghai, one of its wealthiest and most globalized cities, as some residents revolt against lockdown orders ... ( read original story ...)
Shanghai Electric Lost USD1.5 Bln Last Year on Units’ Unclaimed Bills, Loss-Making Overseas Project
Shanghai Electric Group plunged into the red last year due to a large amount of uncollected bills owed to two subsidiaries, an unprofitable foreign project and rising commodity costs, the Chinese ... ( read original story ...)
Medical workers are performing COVID tests on live fish in Shanghai wet markets as virus cases surge
"Will it have to be put in quarantine," a user asked while workers swabbed the fish. Some are questioning whether anti-COVID-19 measures have gone too far. ( read original story ...)