Banks in Shanghai and credit card network China UnionPay have launched a series of initiatives to reduce merchants’ service charges and provide subsidies to consumers in an effort to speed up the ... ( read original story ...)
Community-level infections continue in Shanghai
The locally transmitted COVID-19 infections in Shanghai are mainly from family gatherings and some public venues, including a downtown salon and a supermarket in a commercial area, a health official ... ( read original story ...)
Renewed Selling Pressure Anticipated For China Stock Market
The China stock market bounced higher again on Friday, one session after ending the four-day winning streak in which it had gathered more than 80 points or 2.6 percent. The Shanghai Composite Index ... ( read original story ...)
China’s US$1.3 trillion stock rebound rewards contrarian funds with three barriers challenging path to next level
A technical barrier is approaching as the Shanghai Composite Index attempts to scale 3,400 points, a level associated with large trading volume and price retreat While China could adapt its zero-Covid ... ( read original story ...)
Shanghai reimposes ban on dining at restaurants
Shanghai reimposed a ban on dining at restaurants in most districts, while a dozen local officials were punished for a management lapse at a quarantine hotel, as COVID-19 cases in China’s largest city ... ( read original story ...)
Shanghai Haichang Ocean Park resumes operation
Tourists take photos of a killer whale calf at the Shanghai Haichang Ocean Park in east China's Shanghai, June 12, 2022. The Shanghai Haichang Ocean Park officially resumed operation on Wednesday, ... ( read original story ...)
Is Covid about to ‘explode’ in China? Bar, salon become source of outbreak in Beijing, Shanghai
China warned of an 'explosive' Covid-19 outbreak in the country, after both capital Beijing and financial hub Shanghai had reported a cluster of cases tied to a bar and a hair salon. A Chinese ... ( read original story ...)