The economic toll of locking down of one of China’s largest and most prosperous cities is only starting to come into view. ( read original story ...)
Hope and Despair, Yield Curve, Shanghai Shutdown, Biden Budget, Trading Costco
The yield curve certainly signals the U.S. economy will have to pass through troubled waters over the medium to even long-term, but it also signals outright economic contraction remains tomorrow's ... ( read original story ...)
General Motors told Shanghai workers to sleep on factory floors to keep up production during the city’s new lockdown, report says
The city of Shanghai told companies like General Motors to create worker bubbles so production can continue during its COVID-19 lockdown. ( read original story ...)
Shanghai releases 21 measures to aid enterprises during COVID-19 outbreak
Shanghai on Tuesday released a document containing 21 measures aimed at assisting enterprises amid the current COVID-19 outbreak. The measures are related to tax rebates and reductions, fee reductions ... ( read original story ...)
Shanghai’s Lockdown Tests Covid-Zero Policy, and People’s Limits
A staggered lockdown on China’s commercial capital of 26 million people has sent beleaguered residents scrambling and raised fears of broader damage to the economy. ( read original story ...)
Explainer: Why are Shanghai’s COVID infections nearly all asymptomatic?
Epidemiologists examining the biggest Chinese outbreak of COVID-19 in two years are trying to ascertain why the proportion of asymptomatic cases is so high, and what it could mean for China's future ... ( read original story ...)
Shanghai lockdown tests ‘zero-COVID’ limits, shakes markets
Zhang Meisha, a 39-year-old freelancer taking a morning jog along the Bund, said she was trying to get as much sunshine as possible before Puxi goes under lockdown. "I hope the Shanghai spring can ... ( read original story ...)