China’s largest city of Shanghai is ordering mass testing Friday on all 1.3 million residents of its downtown Yangpu district and confining them to their homes at least until results are known. The ... ( read original story ...)
China Stock Market: Resistance Expected At 3,000 Points
The China stock market on Wednesday halted the two-day slide in which it had stumbled almost 65 points or 2.1 percent. The Shanghai ... ( read original story ...)
Shanghai Food Supplier’s Books Reveal Big Profits Under COVID Lockdown
The profitability surge of a Shanghai food supplier seeking a Hong Kong listing, disclosed in an exchange filing, gives a rare peep under the hood into a cohort of Chinese companies that have ... ( read original story ...)
Private sector essential driver of development
Reviewing the course of China's reform and opening-up over the past more than 40 years, the importance of the private economy cannot be exaggerated. It now contributes more than 50 percent of tax ... ( read original story ...)
Shanghai business optimism hits record low as Covid controls linger
More than half of the Chinese companies surveyed by a leading US business lobby in Shanghai believe the country’s economic management is deteriorating. The American Chamber of Commerce in Shanghai ... ( read original story ...)
COVID-19 in Shanghai: 11 local infections, 22 imported patients
The city reported no locally transmitted confirmed cases, 11 local asymptomatic infections, four imported confirmed cases and 18 imported asymptomatic infections for Thursday, said the Shanghai Health ... ( read original story ...)
Beijing mayor Chen Jining tipped for ‘surprise’ promotion to top job in Shanghai
Chen arrived in Shanghai on Thursday evening and an announcement is expected on Friday, according to sources Appointment seen as part of President Xi Jinping's strategy to put people with strong ... ( read original story ...)