STORY: Once again, Shanghai’s streets are empty. More than two years on from the start of the COVID-19 pandemic, China’s financial hub is in one of its most extensive lockdowns yet.The snap two-stage ... ( read original story ...)
China’s Shanghai lockdown tests ‘zero-COVID’ strategy
Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the ... ( read original story ...)
EXCLUSIVE Tesla supplier Aptiv stops some production in Shanghai over COVID issues – sources
Auto parts maker Aptiv on Tuesday sent home workers at a Shanghai production facility that supplies Tesla and a General Motors (GM) joint venture, citing COVID issues, sources familiar with the matter ... ( read original story ...)
Shanghai Lockdown Adds to China’s Economic Woes
The economic toll of locking down of one of China’s largest and most prosperous cities is only starting to come into view. ( read original story ...)
Hope and Despair, Yield Curve, Shanghai Shutdown, Biden Budget, Trading Costco
The yield curve certainly signals the U.S. economy will have to pass through troubled waters over the medium to even long-term, but it also signals outright economic contraction remains tomorrow's ... ( read original story ...)
General Motors told Shanghai workers to sleep on factory floors to keep up production during the city’s new lockdown, report says
The city of Shanghai told companies like General Motors to create worker bubbles so production can continue during its COVID-19 lockdown. ( read original story ...)
Shanghai releases 21 measures to aid enterprises during COVID-19 outbreak
Shanghai on Tuesday released a document containing 21 measures aimed at assisting enterprises amid the current COVID-19 outbreak. The measures are related to tax rebates and reductions, fee reductions ... ( read original story ...)