Shanghai's 25 million residents are almost all under some form of lockdown as the financial hub struggles to contain the coronavirus's highly contagious omicron variant. ( read original story ...)
China central bank expands digital yuan pilot scheme to more cities
China's central bank said on Saturday it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set to host the Asian ... ( read original story ...)
Tesla’s Shanghai COVID-19 Closure Costing 2,000 Cars a Day — Will Stock Value Take a Hit?
Set to resume production at its Shanghai factory, Tesla has now further delayed the reopening following COVID-19 lockdowns. See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind: ... ( read original story ...)
Shanghai COVID Curbs Prompt Half of U.S. Firms in China to Cut Revenue Forecasts – Survey
More than half of U.S. multinational companies in China have reduced their annual revenue projections, mostly due to the recent COVID-19 outbreak in Shanghai, according to a joint survey by the ... ( read original story ...)
Shanghai locks down western bank of Huangpu River as Covid fight continues in China’s biggest city
After the March 28-31, 2022, lockdown on Shanghai’s Pudong area was lifted, the second phase of the city’s coronavirus lockdown got under way. Starting April 1, the stay-at-home orders were applied to ... ( read original story ...)
Xinhua Headlines: Foreign businesses undented as Shanghai continues massive COVID-19 testing
With the second phase of closed-off management coming into force on Friday, China's economic hub Shanghai is sparing no effort to strike a balance between effective epidemic control and stable ... ( read original story ...)
Heightened Covid-19 prevention measures exhaust Shanghai’s medical resources, leaving high-risk patients without treatment
Shanghai’s virus control measures have soaked up the city’s medical resources, with hundreds of doctors and nurses deployed to temporary hospitals to treat Covid-19 patients. ( read original story ...)