The Chinese commercial capital of Shanghai warned on Wednesday that anyone who violates Covid-19 lockdown rules will be dealt with strictly, while also rallying people to defend their city as its ... ( read original story ...)
Will Shanghai’s Endless Covid Lockdown Finally Put a Dent in Tesla’s Stock?
The Covid situation in China will likely put a dent in Tesla’s second-quarter financial results. Output at Giga Shanghai is already losing steam. In March, the plant delivered about 55,000 ... ( read original story ...)
American expat in China reveals reality of Shanghai’s citywide lockdown
“If you think Wuhan 2020 was bad, welcome to Shanghai 2022,” CNN reporter David Culver relayed. “This has been like no other lockdown. And it’s in the country’s cosmopolitan and most affluent ... ( read original story ...)
5 things to know before the stock market opens Tuesday
Wall Street was bracing for the March consumer price index report, which is expected to show the hottest annual inflation since 1981. ( read original story ...)
Shanghai eases COVID curbs for some even as factory halts widen
Some Shanghai residents were able to leave their homes for the first time in more than two weeks on Tuesday as the city took tentative steps towards easing a COVID-19 lockdown amid mounting worries ... ( read original story ...)
China nudges listed firms, investors to buy stocks to stabilise market
China is encouraging long-term investors to buy more equities and major shareholders of listed firms to increase their holdings when stocks slump, in a bid to stabilise a stock market rocked by a ... ( read original story ...)
Shanghai steel futures rebound as government vows to smoothen logistics
Chinese steel futures bounced back on Tuesday after posting big losses in the previous session, as the state council urged local governments to ensure smooth transportation of key production materials ... ( read original story ...)