“The situation has worsened in the past few days,” Mirko Woitzik, global director of intelligence solutions at Everstream Analytics, said. "In terms of factory closures, last week was one of the worst ... ( read original story ...)
Shanghai’s skyline will be dark for 2 days due to power shortages caused by heat wave
The skyline of the Chinese city Shanghai will not be lit up for two nights. It's part of a string of measures nationwide as China deals with power shortages caused by its worst heat wave on record. ( read original story ...)
Shanghai Makes It Easier for Migrant Talent to Buy Homes in Lingang Special Area
Talent working in Lingang Special Area who do not have Shanghai household registration can buy an apartment in Lingang if they have paid income tax or social security premiums in the city for at least ... ( read original story ...)
Shanghai goes dark amid China’s heatwave power crisis
Restrictions aimed at easing the pressure on national power grid amid soaring electricity consumption triggered by a historic heatwave ... ( read original story ...)
Shanghai turns down their lights in bid to save power
A man exercises along the Huangpu River while looking at the dimly lit Oriental Pearl Tower in Shanghai, China, on Aug 22, 2022. [Photo by Gao Erqiang/chinadaily.com.cn] ... ( read original story ...)
Shanghai’s trade with EU tops $65b in Jan-July
The figure accounted for 19.7 percent of Shanghai's total trade value during the period. In the first seven months, Shanghai's total import and export volume reached 2.28 trillion yuan, up 3.03 ... ( read original story ...)
China’s property market is in freefall. What does this mean for the world economy?
The sector is dangerously overheated – but unlike the 2008 financial crisis, the global ripple effect is likely to be limited, says professor of economics Keyu Jin ... ( read original story ...)