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Tag: business

Posted on 10/04/2022

Even a Chinese billionaire struggles to buy milk and bread under Shanghai’s coronavirus lockdown

While residents in Shanghai try a variety of novel ways to buy daily essentials during the city’s coronavirus lockdown, billionaires it seems are no exception.The city recorded 19,982 Covid-19 cases ... ( read original story ...)

Posted on 09/04/2022

Tesla, Covestro among Shanghai’s foreign firms lobbying to ease truck movements as cases soar to 23,624

Tesla and Covestro are among foreign multinationals lobbying Beijing to allow more truck drivers to work between Shanghai and other regions of China, after their operations were hit hard by the city’s ... ( read original story ...)

Posted on 09/04/2022

Tesla, Covestro among Shanghai foreign firms lobbying Beijing to allow more trucks between financial capital, provinces

"It is technically business as usual for the Shanghai Port," said Bettina Schoen, chair of the European Chamber of Commerce's (EUCham) Shanghai chapter. "However, a logistics black hole is being ... ( read original story ...)

Posted on 08/04/2022

ACM Provides Business Update Related to COVID-19 Developments in Shanghai

ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today announced that COVID-19 related ... ( read original story ...)

Posted on 07/04/2022

‘Total disaster’: Shanghai lockdown hammers small businesses

When more than 26 million Shanghai residents were sent into lockdown last week, restaurateur Cotton Ding’s heart sank. Load Error “We have been fighting the pandemic since 2020, and for the past two ... ( read original story ...)

Posted on 07/04/2022

China sends nearly 40,000 medics to Shanghai in tough fight against Omicron

More than 38,000 medics from 15 provincial-level regions have rushed to China's business hub Shanghai to aid the megacity in its fight against resurging COVID-19. ( read original story ...)

Posted on 06/04/2022

Tesla Halted, Chips Pile Up as Shanghai Lockdown Upends Business

Tesla Inc.’s factory shutdown has stretched out to at least 12 days, much-needed semiconductors are piling up at manufacturers amid a shortage of truck drivers, and bankers are camping in their ... ( read original story ...)

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