To the battlefield The month-long lockdown brought business in Shanghai to a near-standstill, prompting backlash from industry. Earlier this month, China's industrial regulator published a list of 666 ... ( read original story ...)
Across China, cities crack down to avoid virus surge, upending business
The swift measures, from mass-testing drives to lockdowns, for just a mere handful of COVID-19 cases, aim to keep flareups at bay and avoid the economic hardship endured by Shanghai. ( read original story ...)
Shanghai reports 1,606 confirmed Covid-19 cases; death toll climbs
China's economic hub Shanghai on Tuesday reported 1,606 confirmed locally transmitted COVID-19 cases and 11,956 asymptomatic carriers, Xinhua reported citing the municipal health commission as saying ... ( read original story ...)
‘Everything is halted’: Shanghai shutdowns are worsening shortages
The challenges are likely to contribute to higher inflation but come at a time when demand is waning for many items. ( read original story ...)
Shanghai banks help borrowers weather through the pandemic
As China's eastern metropolis of Shanghai fights to get its economy back on track in the face of a COVID-19 flare-up, the city's commercial lenders are lending a helping hand, especially to the region ... ( 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 ...)