Shanghai is the biggest port in the world ... the harder policymakers will find it to stick to their plans for deleveraging in the property sector, the struggles of which are exemplified by the giant ... ( read original story ...)
Shanghai Converts USD219 Million Office Block Into Makeshift Hospital
An office building located along the Huangpu river in Shanghai has been converted into a makeshift hospital for Covid-19 patients and will be put into use soon. It is the first time during the city’s ... ( read original story ...)
No turning point yet for China property
Market participants looking for some respite from the woes of China’s property sector are likely to be left disappointed — again. Last Saturday, Zhenro Properties Group joined a growing list of ... ( read original story ...)
Shanghai unveils limited easing of Covid lockdown as Chinese markets fall
Shanghai on Monday unveiled plans for a limited easing of its strict coronavirus lockdown, as economic and social pressures mounted on the Chinese financial and industrial centre. Authorities in ... ( read original story ...)
Zhenro Defaults; Shanghai Mortgage Payments: Evergrande Update
Embattled Zhenro Properties Group Ltd. defaulted for the first time, giving investors in the Chinese property sector a reality check after stocks and bonds rallied in recent weeks. Most Read from ... ( read original story ...)
Chinese equities fall as Shanghai lockdown squeezes supply chains
Electric carmaker Nio led Chinese markets lower on Monday as traders grappled with severe supply chain disruptions in China caused by authorities cordoning off Shanghai from the r ... ( read original story ...)
China banks allow mortgage payment holiday in Covid-19-hit Shanghai
It is part of the nation's broader efforts to support the financial hub in its Covid-19 fight. . Read more at straitstimes.com. ( read original story ...)