The ongoing Omicron outbreak in Shanghai has affected many businesses in the city, especially the small and micro-sized enterprises. To help tackle their headaches, Shanghai has announced a series of ... ( read original story ...)
Shanghai epidemic control and upgrading Tesla, SAIC Volkswagen and other car companies have been forced to stop production!
On March 16 and 17, Tesla's Shanghai factory suspended its business for two days to meet government requirements for nucleic acid testing and other epidemic prevention requirements. On March 31, a ... ( read original story ...)
Shanghai releases measures to support businesses
Shanghai released a 21-point document on Tuesday to assist businesses in the city and promote development while it fights its worst Covid-19 outbreak. ( read original story ...)
China tries to limit economic blow of Shanghai shutdown
As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit ... ( read original story ...)
Shanghai says will hand out $22 bln in tax relief to firms amid COVID fight
China's Shanghai on Tuesday said it would roll out policies to help the local economy cope with a surge in COVID-19 cases in the city, including offering refunds that will reduce firms' tax burdens by ... ( read original story ...)
Shanghai tightens COVID lockdown screws again as curbs enter day 2
Shanghai, China's most populous city, on Tuesday again tightened the first phase of a two-stage COVID-19 lockdown, asking some residents to stay indoors bar trips to get tested as the number of daily ... ( read original story ...)
Shanghai is locking down over 10 million people at a time. Why that’s a big deal
Shanghai accounts for about 4% of China’s ... even as some confidence returns. The CNN Business Fear & Greed Index is now back in “neutral” territory. One month ago, it was producing a ... ( read original story ...)