On Saturday, Shanghai had over 6,300 local cases – more than two-thirds of the nationwide caseload, which is relatively low by global standards but troubling to a country that recorded double-digit ... ( read original story ...)
Entire Shanghai placed under lockdown
Shanghai's 25 million residents are almost all under some form of lockdown as the financial hub struggles to contain the coronavirus's highly contagious omicron variant. ( read original story ...)
China central bank expands digital yuan pilot scheme to more cities
China's central bank said on Saturday it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set to host the Asian ... ( read original story ...)
Tesla’s Shanghai COVID-19 Closure Costing 2,000 Cars a Day — Will Stock Value Take a Hit?
Set to resume production at its Shanghai factory, Tesla has now further delayed the reopening following COVID-19 lockdowns. See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind: ... ( read original story ...)
Shanghai COVID Curbs Prompt Half of U.S. Firms in China to Cut Revenue Forecasts – Survey
More than half of U.S. multinational companies in China have reduced their annual revenue projections, mostly due to the recent COVID-19 outbreak in Shanghai, according to a joint survey by the ... ( read original story ...)
Shanghai locks down western bank of Huangpu River as Covid fight continues in China’s biggest city
After the March 28-31, 2022, lockdown on Shanghai’s Pudong area was lifted, the second phase of the city’s coronavirus lockdown got under way. Starting April 1, the stay-at-home orders were applied to ... ( read original story ...)
Xinhua Headlines: Foreign businesses undented as Shanghai continues massive COVID-19 testing
With the second phase of closed-off management coming into force on Friday, China's economic hub Shanghai is sparing no effort to strike a balance between effective epidemic control and stable ... ( read original story ...)