Shanghai’s battle with Omicron offers valuable lessons for Beijing’s nearly 22 million residents, who have already begun hoarding food and essential supplies in anticipation of a citywide lockdown. ( read original story ...)
Oversold China Stock Market Predicted To Open Higher On Tuesday
(RTTNews) - The China stock market turned emphatically lower again on Monday, one session after halting the five-day losing streak in which it had tumbled almost 150 points or 4.8 percent. The ... ( read original story ...)
Pessimism Is Everywhere in China Stock Market Amid Lockdown Risk
The outlook for Chinese stocks is turning worse by the day, with worries over a potential city-wide lockdown in Beijing pushing key gauges near levels last seen in the early days of the pandemic. Most ... ( read original story ...)
Companies gradually resume production in Shanghai
Starting on April 18, the complete vehicle and parts manufacturers and logistics branches of the world's top 500 company started the pressure test for work and production resumption, focusing on the ... ( read original story ...)
Business experts call for increased policy support
The Chinese yuan slumped against the U.S. dollar on Monday as investor sentiment further weakened amid resurgent domestic COVID-19 cases and fast tightening by the U.S. Federal Reserve, experts said ... ( read original story ...)
Panic buying triggered as Shanghai residents are fenced behind metal barriers for ‘hard quarantine’
Government workers and volunteers reportedly installed green metal barriers — about 2 meters (around 6.5 feet) tall — in multiple districts over the weekend, blocking small streets and entrances to ... ( read original story ...)
Shanghai reports 1,661 locally transmitted COVID-19 cases
China's economic hub Shanghai on Monday reported 1,661 confirmed locally transmitted COVID-19 cases and 15,319 local asymptomatic carriers, Xinhua reported citing the municipal health commission as ... ( read original story ...)