Shanghai vowed to step up enforcement of lockdown measures to stamp out community spread in the country’s worst virus outbreak, as the city reported 11 Covid-19 deaths on Thursday (April 21) -- its ... ( read original story ...)
Oversold China Stock Market Still Called Lower On Friday
The China stock market has moved lower in five straight sessions, tumbling almost 150 points or 4.8 percent along the way. The Shanghai Composite Index now rests just beneath the 3,080-point plateau ... ( read original story ...)
Oil giant CNOOC soars in Shanghai debut
SHANGHAI: China’s CNOOC Ltd saw its stock surge as much as 44% in its Shanghai debut in defiance of overall market weakness, as investors sought safety in the oil giant amid lofty energy prices and ... ( read original story ...)
Shanghai doubles down on strict lockdown enforcement in COVID fight
Shanghai authorities doubled down on their offensive against COVID-19 on Friday, launching a new round of city-wide testing and warning residents their three-week lockdown would only be lifted in ... ( read original story ...)
Shanghai says its lockdown will only be lifted in batches
Shanghai said on Friday that it will only lift its lockdown in batches once virus transmission outside quarantined areas was stamped out to a satisfactory level, as it announced a new round of ... ( read original story ...)
Many factory workers in Shanghai can’t get back to work, even after Covid controls ease
Nearly a month since Covid restrictions began in earnest in Shanghai, foreign businesses say that less than half of their employees are able to return to work. ( read original story ...)
Shanghai lockdowns: supply chain issues to worsen
Importers are warning of "acute" supply chain issues to New Zealand caused by Covid lockdowns in China. Shanghai is starting to ease its lockdown of the city's 25 million people, with factories slowly ... ( read original story ...)