The China stock market on Thursday halted the four-day winning streak in which it had gathered more than 80 points or 2.6 percent. The Shanghai Composite Index now sits just beneath the 3,240-point ... ( read original story ...)
Shanghai faces unexpected round of COVID testing for most residents
China's commercial hub of Shanghai faces an unexpected round of mass COVID-19 testing for most residents this weekend - just 10 days after a city-wide lockdown was lifted - unsettling residents and ... ( read original story ...)
Coronavirus: China moves to calm foreign investors after ‘unprecedented’ shock of Shanghai lockdown
China has reiterated it is taking steps to address multinationals’ concerns, but experts warn they must move quickly if they want to rebuild confidence undermined by zero-Covid controls. ( read original story ...)
Reflections From Shanghai: The Lockdowns’ Impact on Business and Manufacturing
Shanghai has strong, high value ... But it’s been very strict, more so than in Wuhan in 2020, even though the virus is much weaker. On a personal or business level we weren’t prepared for what was ... ( read original story ...)
Shanghai Orders Over Half Its Residents to Undergo Covid Testing as Resurgence Fears Rise
Authorities are requiring some 14 million residents to undergo mass Covid-19 testing, raising the prospect of extended periods of home confinement for any who test positive. ( read original story ...)
Vanished Chinese Billionaire Set to Face Criminal Trial in Shanghai
Group founder Xiao Jianhua has been kept largely in isolation in mainland China since he was taken from Hong Kong in 2017, according to people familiar with the matter. ( read original story ...)
CANADA FX DEBT-C$ slips as Shanghai lockdown measures weigh on oil
The Canadian dollar weakened against its U.S. counterpart on Thursday, extending its pullback from a seven-week high the day before, as oil prices fell and investors awaited a Bank of Canada report on ... ( read original story ...)