China’s zero-Covid policy has done little to contain the covid flare ups across the nation, with millions back under lockdown. The world’s second-largest economy reported 699 cases for Monday, the ... ( read original story ...)
How Shanghai Police Data Leak Impacts Alibaba
Shanghai police data breach will likely cause reputational damage and be detrimental to Alibaba. See why I think BABA's challenges are more impactful. ( read original story ...)
Shanghai reports GDP drop in H1, positive signs in June
Data from the Shanghai municipal bureau of statistics showed the city's GDP came at 1.93 trillion yuan ($286.6 billion) in the first half of 2022, about 94.3 percent of the size realized during the ... ( read original story ...)
Shanghai enforces new COVID testing, some areas in China extend lockdown
China has reported an average of around 390 local daily infections in the seven days ending on Sunday, higher than about 340 seven days earlier, according to Reuters calculations based on official ... ( read original story ...)
China central bank steps up daily injection, offers $1.8 bln
China's central bank stepped up cash injections through open market operations on Monday, snapping a 10-day streak of a minimal 3 billion yuan ($444.61 million) of daily offering. The People's Bank of ... ( read original story ...)
China COVID-19 cases hold above 500; Shanghai in testing blitz
China’s COVID-19 cases remain elevated, with Shanghai rolling out mass testing in nine districts as the financial hub seeks to stamp out infections, while the gaming enclave of Macau extended its ... ( read original story ...)
China Tries to Jump-Start Its ETF Market With Foreign Money
China has opened another gateway for international investors to send cash into the country’s stock market, hoping to boost its fledgling exchange-traded-funds industry. ( read original story ...)