China's strict lockdown in Shanghai is heaping even more pressure on global supply chains. On Friday, Shanghai extended restrictions in many parts of the city, which is home to China's financial hub ... ( read original story ...)
Shanghai urges COVID-19 lockdown patience as case numbers drop for first time in 2 weeks
SHANGHAI: Shanghai authorities on Thursday (Mar 31) appealed to residents to keep cooperating with tight curbs imposed to stop COVID-19 spreading, saying they recognised their frustrations as China's ... ( read original story ...)
Coronavirus: Shanghai lockdown heaps pressure on China’s GDP growth, with ‘more uncertainties’ to come
China could see as much as 10 percentage points shaved off economic growth on a quarterly basis if zero-Covid is maintained, Everbright Securities says The world's No 2 economy is facing its worst ... ( read original story ...)
Volkswagen suspends Shanghai production amid COVID lockdown
Volkswagen on Thursday said it would halt work at its factory in Shanghai between April 1-5, reversing an earlier plan to maintain some of its production, as the city extends a lockdown aimed at ... ( read original story ...)
Shanghai to further cut tax for small businesses during pandemic Shanghai to further cut tax for small businesses during pandemic
The ongoing Omicron outbreak in Shanghai has affected many businesses in the city, especially the small and micro-sized enterprises. To help tackle their headaches, Shanghai has announced a series of ... ( read original story ...)
Shanghai epidemic control and upgrading Tesla, SAIC Volkswagen and other car companies have been forced to stop production!
On March 16 and 17, Tesla's Shanghai factory suspended its business for two days to meet government requirements for nucleic acid testing and other epidemic prevention requirements. On March 31, a ... ( read original story ...)
Shanghai releases measures to support businesses
Shanghai released a 21-point document on Tuesday to assist businesses in the city and promote development while it fights its worst Covid-19 outbreak. ( read original story ...)