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Posted on 26/05/2022

Nio Aims to Cut Over-Reliance on CATL Batteries With USD32.5 Million Shanghai Project

Nio has plans for a CNY218.5 million (USD32.5 million) lithium-ion battery project in Shanghai to help lower the Chinese electric carmaker’s excessive d ... ( read original story ...)

Posted on 26/05/2022

Shanghai to gradually reopen schools in June as lockdown eases

Schoolchildren in Shanghai will gradually resume some in-person classes in June with daily Covid-19 tests, the local government said Thursday, as the ... ( read original story ...)

Posted on 26/05/2022

Shanghai’s lockdown will end as scripted, city’s Commissar says, as fewer than 50 infected show symptoms for the second day

New cases dropped 12.7 per cent to 338 over the past 24 hours, according to data released on Thursday, the lowest daily tally since March 18 Symptomatic cases rose by 9 per cent to 48, the second day ... ( read original story ...)

Posted on 26/05/2022

COVID-hit Shanghai heads for lockdown exit but China still lost in economic gloom

"at-above-post addthis_tool" data-url=" (Reuters) -Pandemic-hit Shanghai, China’s financial hub, unveiled more post-lockdown plans on Thursday as it moves towards a return to normalcy, but a ... ( read original story ...)

Posted on 26/05/2022

Covid Lockdown Costs Shanghai Its Yuan Trading Crown

Covid” policy is starting to show in Shanghai’s financial markets, with the city losing its top currency trading hub title for the first time. Shanghai handled fewer currency deals than Beijing in ... ( read original story ...)

Posted on 26/05/2022

Shanghai heading out of lockdown but China still lost in economic gloom

Pandemic-hit Shanghai, China's financial hub, unveiled more post-lockdown plans on Thursday as it moves towards a return to normalcy, but a country-wide economic recovery is still a distance away, ... ( read original story ...)

Posted on 26/05/2022

Foreign Banks in Shanghai Provide Relief Funds to Firms in Difficulty Due to Covid

Foreign financial institutions in Shanghai have been actively helping companies to overcome their difficulties due to the Covid-19 outbreak through various means, including setting up special credit ... ( read original story ...)

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