Global investment banks are pushing ahead with ambitious expansion plans in Shanghai despite a strict lockdown in China's financial capital, the Financial Times reported Friday. Goldman Sachs and JP ... ( read original story ...)
What is happening in Shanghai? Explaining the ongoing citywide COVID lockdown
As China faces the largest COVID-19 outbreak since 2020, residents in Shanghai have not been able to leave their homes or buy groceries for weeks. ( read original story ...)
‘Voices of April’: China’s internet erupts in protest against censorship of Shanghai lockdown video
The shouts of locked-down residents demanding basic necessities, the cries of babies separated from their parents in quarantine, the pleas of a son repeatedly rejected by hospitals to treat his ... ( read original story ...)
Renewed Consolidation Anticipated For China Stock Market
The China stock market on Friday halted the five-day losing streak in which it had tumbled almost 150 points or 4.8 percent. The Shanghai Composite Index now rests just above the 3,085-point plateau ... ( read original story ...)
It’s all gone bad for China’s future champions as lockdowns sink ChiNext deeper into bear market
The ChiNext gauge has slumped 31 per cent this year, erasing US$442 billion of market value from its 100 constituents China's zero-Covid policy in tackling outbreaks has pushed two thirds of provinces ... ( read original story ...)
Money Diaries: A financial services employee on €100K living in Shanghai
We’re asking readers to keep a record of how much they earn, what they save if anything, and what they’re spending their money on over the course of one week. Are you a spender, a saver or a splurger? ( read original story ...)
DOLE eyes $200 cash aid to Pinoys stuck in Shanghai
The government is considering providing $200 in financial assistance to each overseas Filipino worker affected by the COVID-19 lockdown in ... ( read original story ...)