The Shanghai police summoned Alibaba Group Holding Limited (NYSE: BABA) executives and senior technicians on July 3 after the law enforcement agency suffered a record data breach, ... ( read original story ...)
How Shanghai Police Data Leak Impacts Alibaba
Shanghai police data breach will likely cause reputational damage and be detrimental to Alibaba. See why I think BABA's challenges are more impactful. ( read original story ...)
Shanghai reports GDP drop in H1, positive signs in June
Data from the Shanghai municipal bureau of statistics showed the city's GDP came at 1.93 trillion yuan ($286.6 billion) in the first half of 2022, about 94.3 percent of the size realized during the ... ( read original story ...)
China Covid Cases Hold Above 500; Shanghai in Testing Blitz
China’s Covid-19 cases remain elevated, with Shanghai rolling out mass testing in nine districts as the financial hub seeks to stamp out infections, while the gaming enclave of Macau extended its ... ( read original story ...)
Booming new infrastructure in China attracts growing participants
Like Intel, many enterprises in China have sensed new opportunities brought by the country's new infrastructure drive. While traditional infrastructure like roads and bridges help improve ... ( read original story ...)
Shanghai’s Emerging Industries Achieve Growth in First Half Despite Slump in GDP
However, June’s strong data indicates that the economy is on the rebound and there were a number of strategic industries that are proving to be strong new growth drivers. The city's economic output ... ( read original story ...)
Lockdown hits Shanghai GDP in first half but June sees recovery
Shanghai's gross domestic product in the first half tumbled 5.7 percent year on year, with the earlier growth drained by a two-month COVID-19 lockdown. The city's GDP was approximately 1.935 trillion ... ( read original story ...)