China's new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets up policy support for the slowing economy. ( read original story ...)
Workers at Tesla’s Shanghai factory allowed to leave for the first time in weeks, report says
Elon Musk's electric car company had created a "closed-loop" system at its Chinese factory to avoid shutdowns amid Beijing's strict zero-COVID policy. ( read original story ...)
Shanghai Locks Down Parts of City Again as Virus Fears Return
Shanghai will lock down seven districts this weekend to conduct mass Covid-19 testing drives, its first major movement restrictions since the financial hub exited a bruising two-month shutdown at the ... ( read original story ...)
Parts of Shanghai back to lockdown, as some Beijing bars, cafes shut
Authorities have been keen to revive business and started to relax some curbs in May which helped China's exports that month to grow at a double-digit pace, beating expectations. In Shanghai ... ( read original story ...)
Business Is Better Than Ever at Some Shanghai Restaurants Despite Seating Restrictions
Restaurants in Shanghai have started to reopen after a two-month-long lockdown, and while most still only offer take-out services, some have been given permission to allow dine-ins, albeit with a ... ( read original story ...)
Shanghai to conduct mass COVID testing in 7 of its 16 districts at weekend
The Chinese commercial hub of Shanghai will carry out mass testing for COVID-19 in seven districts over the weekend, a local health official said on Thursday. ( read original story ...)
Tesla Produces 33,544 Cars From Shanghai Plant in May, Tripling April’s Output
Tesla produced 33,544 cars from its Shanghai plant in May vs. 10,757 the previous month, according to data from the China Passenger Car Association. ( read original story ...)