Pharma companies, testing and equipment providers remain committed to Shanghai as an attractive investment destination and continue to forge closer ties with local players. Shanghai aspires to be an ... ( read original story ...)
China’s property, banking pain has iron ore in a bear squeeze
COVID-19 is slowing China’s economy and sparking crises in its property sector, weighing on iron ore prices just as the big miners see costs rise. ( read original story ...)
CN property market and growth concerns remain in focus
Chinese property and bank indices extend declines; CN property market and growth concerns remain in focus; China data was mixed. - China traded metals move sharply lower on growth and property market ... ( read original story ...)
Shanghai continues to lock down areas even as cases stabilise
Shanghai’s latest Covid-19 outbreak appears to be stabilising, with most new cases already in government-mandated quarantine, but authorities are taking no chances, still locking down areas of the ... ( read original story ...)
Shanghai’s economy shrank almost 14pc as lockdown took toll
Shanghai's economy shrank almost 14pc in the second quarter when a two-month lockdown in the financial and trading hub shuttered factories, curbed consumer spending and disrupted operations at the ... ( read original story ...)
Shanghai, Beijing’s Q2 economic output contracts – stats bureau
The economies of Shanghai and Beijing contracted in the second quarter from a year earlier as strict restrictions under China's zero-COVID policy took a toll. The economies of five out of China's 31 ... ( read original story ...)
China growth falls to 2-year low on Covid, property woes
BEIJING: China logged its slowest economic growth since the initial Covid outbreak Friday, expanding just 0.4% in the second quarter with lockdowns and property market weakness pushing the ... ( read original story ...)