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Tag: business

Posted on 04/04/2022

Shanghai lockdown: China’s relentless zero-COVID strategy means no swift return for students?

Officials have imposed a Shanghai lockdown amid a surge in COVID-19 cases in China’s most populous city. The global financial hub is undergoing a two-stage lockdown on the citys ... ( read original story ...)

Posted on 03/04/2022

Covid-19: Shanghai lockdown triggers complaints as new cases rise

Health officials on Sunday reported 438 confirmed cases over the previous 24 hours, along with 7,788 asymptomatic ones. ( read original story ...)

Posted on 01/04/2022

Port delays are getting worse in Shanghai. That’s very bad news for global supply chains

China's strict lockdown in Shanghai is heaping even more pressure on global supply chains. On Friday, Shanghai extended restrictions in many parts of the city, which is home to China's financial hub ... ( read original story ...)

Posted on 01/04/2022

Shanghai urges COVID-19 lockdown patience as case numbers drop for first time in 2 weeks

SHANGHAI: Shanghai authorities on Thursday (Mar 31) appealed to residents to keep cooperating with tight curbs imposed to stop COVID-19 spreading, saying they recognised their frustrations as China's ... ( read original story ...)

Posted on 01/04/2022

Coronavirus: Shanghai lockdown heaps pressure on China’s GDP growth, with ‘more uncertainties’ to come

China could see as much as 10 percentage points shaved off economic growth on a quarterly basis if zero-Covid is maintained, Everbright Securities says The world's No 2 economy is facing its worst ... ( read original story ...)

Posted on 31/03/2022

Volkswagen suspends Shanghai production amid COVID lockdown

Volkswagen on Thursday said it would halt work at its factory in Shanghai between April 1-5, reversing an earlier plan to maintain some of its production, as the city extends a lockdown aimed at ... ( read original story ...)

Posted on 31/03/2022

Shanghai to further cut tax for small businesses during pandemic Shanghai to further cut tax for small businesses during pandemic

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 ...)

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