Shanghai’s latest Covid-19 outbreak appears to be stabilizing, with most new cases already in government-mandated quarantine, but authorities are taking no chances, still locking down areas of the ... ( read original story ...)
Shanghai’s Web3 support draws industry scepticism, but also ‘cautious optimism’ in country that banned cryptocurrencies
The Shanghai government has pledged support for Web3 development for the first time as part of its 14th five-year plan, but entrepreneurs are sceptical about whether it will bring big changes in a ... ( read original story ...)
China heatwave: Shanghai workers swelter in 40C heat
China is struggling with sweltering summer heat with dozens of cities across the country having issued extreme weather warnings for temperatures in excess of 40C. One of those is Shanghai, which is ... ( read original story ...)
Tesla’s Shanghai Gigafactory more than doubles exports in H1
US automaker Tesla's Shanghai Gigafactory more than doubled its vehicle exports in the first half of 2022 despite the resurgence of COVID-19 The factory exported 97,182 automobiles in the January-June ... ( read original story ...)
Shanghai continues to lock down areas even as cases stabilise
Shanghai’s latest Covid-19 outbreak appears to be stabilising, with most new cases already in government-mandated quarantine, but authorities are taking no chances, still locking down areas of the ... ( read original story ...)
Shanghai’s economy shrank almost 14pc as lockdown took toll
Shanghai's economy shrank almost 14pc in the second quarter when a two-month lockdown in the financial and trading hub shuttered factories, curbed consumer spending and disrupted operations at the ... ( read original story ...)
Shanghai, Beijing’s Q2 economic output contracts – stats bureau
The economies of Shanghai and Beijing contracted in the second quarter from a year earlier as strict restrictions under China's zero-COVID policy took a toll. The economies of five out of China's 31 ... ( read original story ...)