Take Shanghai Motor Vehicle Inspection Certification & Tech Innovation Center Co (SMVIC) for instance. It was officially approved in May to establish a measurement and testing center for the city's ... ( read original story ...)
Shanghai’s Economy Shrank Almost 14% as Lockdown Took Toll
Shanghai’s economy shrank almost 14% 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 ...)
China c.bank keeps medium-term policy rate unchanged for a sixth month
Adds details and comments SHANGHAI, July 15 (Reuters) - China's central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that ... ( read original story ...)
China banks, property stocks slump
SHANGHAI/SINGAPORE: Investors dumped China’s banking and real estate stocks on Thursday, fearing deepening trouble in the property sector would begin to hit the financial system as a wave of ... ( read original story ...)
Why better times may be ahead for China’s stock market
China’s hard line on COVID-19 outbreaks is among the strictest in the world. The lockdown of Shanghai, which began on March 28 and lasted through much of May, provided an extreme example, and the ... ( read original story ...)
Shanghai’s lockdown has eased, but businesses are still tallying the costs
Shanghai's lockdown crippled supply chains and logistics. Materials and transport costs climbed, and there have been personal struggles too. ( read original story ...)
Another red alert as Shanghai sizzles under the summer sun
Trying to beat the scorching sunlight in Shanghai on Thursday. Shanghai's sizzling weather topped 40 degrees Celsius again on Thursday – the hottest place in the country – triggering the city's third ... ( read original story ...)