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Posted on 05/04/2023

China’s European firms warn ‘on-off economy’, Covid lockdowns cloud business outlook

"We need the business environment to become again predictable - an environment ... The lockdown and subsequent chaos in Shanghai, where the headquarters of many European firms are located, has been ... ( read original story ...)

Posted on 05/04/2023

Shanghai reveals 108-bln-yuan investment in 28 culture, tourism projects

Shanghai aims to become a leading tourism investment destination in the Asia-Pacific region. The Chinese economic hub will move further towards becoming a world-famous tourist city by strengthening ... ( read original story ...)

Posted on 05/04/2023

25th Shanghai Int’l Film Festival to open on June 9

The 25th Shanghai International Film Festival (SIFF) is scheduled to begin on June 9, the organizer announced on Tuesday. According to the schedule, the Golden Goblet Awards Ceremony will be held at ... ( read original story ...)

Posted on 05/04/2023

Hong Kong stocks suffer weekly loss as Shanghai lockdown pressures earnings while Goldman sees disruption to economy

Hang Seng falls to a one-week low as the spectre of extended lockdown in Shanghai unnerves market with hit to earnings, economy In late March, mainland cities with mid- and high-risk districts ... ( read original story ...)

Posted on 05/04/2023

Banking crisis shows need for ‘conservative’ payouts -EU banking watchdog

SHANGHAI (Reuters) - Pfizer and Merck have slightly lowered the prices of their respective Paxlovid and molnupiravir COVID-19 treatments in China, local... JAKARTA (Reuters) -Indonesian state oil firm ... ( read original story ...)

Posted on 05/04/2023

Asia markets mostly rise as Australia’s central bank holds rates steady, Aussie falls

Asian markets traded mostly higher after the RBA held its cash rate steady – Australian stocks rose while its currency fell. ( read original story ...)

Posted on 05/04/2023

European, US Banking Crisis Won’t Disrupt Bocom’s Overseas Plans, Executive Says

(Yicai Global) April 3 -- The recent European and US banking crisis will not affect Bank of Communications’ internationalization strategy, according to an executive at the Chinese lender. ( read original story ...)

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