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 ...)
China Stock Market Predicted To Open Under Pressure On Friday
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had fallen almost 60 points or 1. ( read original story ...)