Businesses have been forced to adjust their outlooks because of delays resulting from China’s zero-Covid ambitions, but ‘transport isn’t stopping’. ( read original story ...)
Shanghai lockdown: China struggles to maintain key supply chains amid ‘dynamic zero’ Covid-19 policy
Local governments in Shanghai and neighbouring provinces, where supply chains have been disrupted by Beijing’s strict ‘dynamic zero’ Covid-19 policy, are struggling to keep supply chains open for car ... ( read original story ...)
‘I Just Want to Help’: Amid Chaos, Shanghai Residents Band Together
As the authorities in China’s biggest city fight to stamp out an Omicron outbreak, neighbors are turning to one another for support. ( read original story ...)
USDJPY Hangs In Reversal Limbo Between China-Led Risk Aversion and Dollar Persistence
S&P 500, FANG+, Twitter, USDCNH, USDJPY and USDCNH Talking Points The Trade Perspective: S&P 500 Bearish Below 4,375; USDJPY Bearish Below ... ( read original story ...)
Shanghai’s key SOEs stay busy even amid lockdown
Shanghai Zhenhua Port Machinery Co, or ZPMC, one of the world's biggest port machinery manufacturers by market share, said that its Changxing manufacturing base in Shanghai's Chongming district has ... ( read original story ...)
Shanghai’s attempts to restart locked-down economy are faltering
Food delivery apps like Meituan and Freshippo are struggling to meet Shanghai's lockdown demand, a situation that could spread to Beijing as cases there grow. ( read original story ...)
Foxconn factories near Shanghai cease operations over COVID-19 cases
Foxconn, Taiwan's largest electronics manufacturer, has suspended operations at two factories just west of Shanghai in Kunshan City Country due to onsite COVID cases. The two factories, Dianfa and ... ( read original story ...)