Wheelock Properties expects to launch luxury project 1 Plantation Road in the third or fourth quarter to capitalise on renewed demand The lifting of Shanghai's lockdown might have sped up some buyers' ... ( read original story ...)
Global Luxury Sales Expected To Recover As Shanghai Ends Lockdown
The Chinese are big buyers of luxury goods, from high-end jewelry to leather goods to fragrances, and the end of Covid-related lockdowns is expected to bring customers back to in-person shopping ... ( read original story ...)
What next for China’s zero-Covid policy after Shanghai lockdown?
Subtle changes have been introduced to prevent widespread closures but the reliance on PCR testing has huge costs. ( read original story ...)
Shanghai Banks Buy Local Gov’t, Small Business Bonds to Support Economic Recovery
Commercial banks in Shanghai have been hiking investment in and underwriting of bonds to help local governments and small firms raise money, playing a vital role in the economic recovery after the ... ( read original story ...)
Shanghai reopening: Tesla’s Gigafactory 3 to exit ‘closed loop’ on June 11 as Covid-19 fears ease
As production at the Gigafactory 3, or Giga Shanghai, fully returns to normal ... a researcher at the North China University of Technology. "It could only be used as a temporary solution." Thousands ... ( read original story ...)
After the end of the lockdown: Shanghai residents look to the future with uncertainty
This week, local authorities are relaxing coronavirus regulations once again. But the uncertainty among many people in the Chinese metropolis is great. A business consultant and a housekeeper report. ( read original story ...)
Beijing’s Drive for Looser Lending Raises Fears of Bank Margin Squeeze
Beijing's mandate to aid virus-hit sectors has left China's banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by lenders will increase ... ( read original story ...)