China’s benchmark Shanghai Composite Index lost 0.31% on Friday, while the Shenzhen Component Index fell 0.37%. Shanghai’s tech-heavy STAR 50 Index lost 0.94% for the day, whi ... ( read original story ...)
Shanghai to fast track new manufacturing projects and expansions to help China’s economic ‘dragon head’ make up for lost time
Tesla will begin building a second assembly in the coming months to bolster its million- vehicle annual capacity by 450,000 units in the Lingang free trade zone As many as 72 projects began laying the ... ( read original story ...)
Xintiandi Developer Shui On Sees Possible “Golden Era” After Profit Drops By 58% Amid Shanghai Lockdowns
Profit at Shui On Land, the Hong Kong-headquartered developer of Shanghai’s popular Xintiandi entertainment district, plunged by 58.6% in the first six months of the year to 450 million yuan as ... ( read original story ...)
Shanghai reports community case for second straight day
Shanghai reported a COVID-19 infection on Thursday, a community case for the second consecutive day, and added two high- and medium-risk areas in downtown Yangpu District. The 46-year-old female, who ... ( read original story ...)
Energy crunch under Shanghai’s heatwave send post-lockdown recovery into spasms in China’s commercial hub
Shanghai authorities switched off lights for two days along The Bund waterfront and the Lujiazui finance zone to save power The two-month lockdown caused Shanghai's economy to contract by 13.7 per ... ( read original story ...)
Shanghai Aims To Revive With 32 New High-Tech Projects
Shanghai has announced it will spend 63.47 billion yuan (US$9.24 billion) on 32 new industrial projects in Pudong, a bid to revive the city's economy after a devastating citywide Covid lockdown ... ( read original story ...)
Just as Shanghai’s economy was recovering from the Covid-19 lockdown, sizzling heat throws another spanner in the works
Shanghai authorities switched off lights for two days along The Bund waterfront and the Lujiazui finance zone to save power The two-month lockdown caused Shanghai's economy to contract by 13.7 per ... ( read original story ...)