Shanghai's economy contracted for a second consecutive month due to the adverse impact of a two-month COVID-19 lockdown., data from the local statistics bureau showed on Friday (Jun 17). Industrial ... ( read original story ...)
Shanghai Certifies More Global Firms to Set Up Regional HQs, R&D Centers in City
Shanghai has certified the set up of 30 regional headquarters and 10 research and development centers by several more multinational firms, including Germany’s Siemens Healthineers and Japan’s Omron, ... ( read original story ...)
Foreign enterprises in Shanghai busily prepare for fifth CIIE
The fifth China International Import Expo will be held in Shanghai from November 5 to 10 this year, and preparations are making smooth progress, according to China's Ministry of Commerce last week. ( read original story ...)
ByteDance to shut Shanghai game development studio
TikTok owner ByteDance is disbanding one of its main game studios due to its disappointing performance. According to a company manager, half of the staff at Shanghai's 101 Studio will be shifted to ... ( read original story ...)
Tech Insider: CPU-Maker’s Shanghai IPO, IQiyi Denies Rumor Baidu Wants Out
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. CPU maker Loongson seeks $357 million in Shanghai IPO. C ... ( read original story ...)
Shanghai’s economy contracts in May but decline slows, strong rebound expected in June and second-half of 2022: analysts
Shanghai's economy contracted in May as the fallout of coronavirus epidemic continued to weigh on the city, but the decline of certain key economic indicators slowed down to a large extent, indicating ... ( read original story ...)
ByteDance disbands Shanghai games studio in expansion setback
ByteDance Ltd has shut down a game development studio it acquired just three years ago, slashing more than a hundred jobs in a major setback for its quest to challenge Tencent Holdings Ltd in mobile ... ( read original story ...)