More residents in Shanghai are showing up sick, as more than half a dozen rounds of mass tests found the Covid-19 disease lurking among family members cloistered in locked-down homes across the city ... ( read original story ...)
CNOOC Seeks to ‘Strike Oil’ With Its Shanghai Debut
A good time to be an oil company? CNOOC’s mega Shanghai IPO will allow it to leap back decisively from having been thrown out of the United States. The grave uncertainties hanging over the world right ... ( read original story ...)
Asian Stocks Fall, Wall Street Takes a Break — and What Else Is Happening in the Stock Market Today
The Shanghai Composite and Japan's Nikkei 225 end lower Friday after the People’s Bank of China unexpectedly leaves a key interest rate unchanged. ( read original story ...)
China’s banking sector NPL ratio eased to 1.79% at end-March – regulator
China's banking sector's non-performing loan (NPL) ratio was at 1.79per cent at the end of March, down 0.03 percentage points from the start of the year, the country's banking and insurance regulator ... ( read original story ...)
Shanghai logs 3,200 local, 19,872 asymptomatic Covid-19 cases
The recent spike in COVID cases in the global financial hub Shanghai, which has caused a major disruption in supply chains, has been attributed to family infections and logistics transmission. ( read original story ...)
Shanghai Covid-19 cases hit record high
China’s financial hub Shanghai reported over 27,000 coronavirus cases yesterday, a new high, a day after President Xi Jinping said that the country must continue with its strict “dynamic Covid ... ( read original story ...)
Shanghai lockdown could shave off about 2% of China’s total GDP
The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of Covid 19 infections will severely affect the countrys overall gross domestic product (GDP). Analysts ... ( read original story ...)