China's largest city of Shanghai is ordering mass covid-19 testing Friday of all 1.3 million residents of its downtown Yangpu district and confining them to their homes at least until results are ... ( read original story ...)
Shanghai Disneyland reduces operations as China tightens COVID curbs
Shanghai Disneyland will operate at reduced capacity from Saturday to comply with COVID-19 measures, the resort said in a statement, in another sign of tightening curbs across China as it seeks to ... ( read original story ...)
Shanghai Lockdown Scars US Firms’ Confidence, Survey Shows
A grueling months-long Covid lockdown in Shanghai has shaken the confidence of American firms in China, who cite impending risks of shutdowns, travel curbs and supply chain disruptions for diverting ... ( read original story ...)
Chinese security firm Qihoo 360, which helped expose US cyberattacks, under review in Shanghai after big third-quarter loss
Qihoo 360 reported a net loss of 1.56 billion yuan in the third quarter, compared with a 431 million yuan profit in the same period last year The Shanghai-listed company blamed the huge loss on ... ( read original story ...)
Private sector essential driver of development
Reviewing the course of China's reform and opening-up over the past more than 40 years, the importance of the private economy cannot be exaggerated. It now contributes more than 50 percent of tax ... ( read original story ...)
Shanghai business optimism hits record low as Covid controls linger
More than half of the Chinese companies surveyed by a leading US business lobby in Shanghai believe the country’s economic management is deteriorating. The American Chamber of Commerce in Shanghai ... ( read original story ...)
COVID-19 in Shanghai: 11 local infections, 22 imported patients
The city reported no locally transmitted confirmed cases, 11 local asymptomatic infections, four imported confirmed cases and 18 imported asymptomatic infections for Thursday, said the Shanghai Health ... ( read original story ...)