China's new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets up policy support for the slowing economy. ( read original story ...)
China shares fall on Shanghai’s new COVID curbs, growth stocks weigh
Chinese shares fell on Thursday, as parts of Shanghai began imposing new COVID-19 restrictions, with growth stocks leading declines on profit booking. We apologize, but this video has failed to load. ( read original story ...)
Here’s how much Apple’s supply chain depends on Shanghai
Apple's supply chain has brighter prospects than Android's when it comes to recovering from the shock of China's Covid controls, Credit Suisse analysts said. ( read original story ...)
Shanghai puts areas into new COVID-19 lockdown
The mini-lockdown is raising concerns that the city’s reopening is backsliding, and confirms China’s zero-COVID approach is here to stay. ( read original story ...)
What next for China’s zero-Covid policy after Shanghai lockdown?
Subtle changes have been introduced to prevent widespread closures but the reliance on PCR testing has huge costs. ( read original story ...)
Shanghai Banks Buy Local Gov’t, Small Business Bonds to Support Economic Recovery
Commercial banks in Shanghai have been hiking investment in and underwriting of bonds to help local governments and small firms raise money, playing a vital role in the economic recovery after the ... ( read original story ...)
Beijing’s Drive for Looser Lending Raises Fears of Bank Margin Squeeze
Beijing's mandate to aid virus-hit sectors has left China's banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by lenders will increase ... ( read original story ...)