Two of China’s biggest cities ordered residents to undergo mass Covid-19 tests this week, highlighting the risk that fresh outbreaks could trigger new and economically costly lockdowns. ( read original story ...)
KWIH launches Navale in Shanghai and Sierra in Nanjing, First batch of units fully subscribed on the first launch day
K. Wah International Holdings Limited ("KWIH" or "the Group") (stock code: 00173) launched premium residential property projects, Navale in Pudong New District, Shanghai, and Sierra ... ( read original story ...)
Yuan rebounds from 2-month low, investors eye Fed, China property crisis
China's yuan recovered from last week's two-month low on Monday, as the central bank guided it higher amid tempered investor expectations about a more aggressive Federal Reserve rate hike this month. ( read original story ...)
Shanghai enforces new COVID testing, some areas in China extend lockdown
China has reported an average of around 390 local daily infections in the seven days ending on Sunday, higher than about 340 seven days earlier, according to Reuters calculations based on official ... ( read original story ...)
China central bank steps up daily injection, offers $1.8 bln
China's central bank stepped up cash injections through open market operations on Monday, snapping a 10-day streak of a minimal 3 billion yuan ($444.61 million) of daily offering. The People's Bank of ... ( read original story ...)
Moribund on the Bund
I had the pleasure of visiting M on the Bund, one of Shanghai’s finest restaurants. The creation of Australian Michelle Garnaut, it opened in 1999 on the top floor of the ... ( read original story ...)
Shanghai enforces new COVID testing as some parts of China extend lockdown
SHANGHAI/BEIJING (Reuters) -Several large Chinese cities including Shanghai are on their toes due to new outbreaks of COVID-19 infections, rolling out repeated mass testing or extending lockdowns on ... ( read original story ...)