Page 4 - Shanghai

Shanghai to cancel several restrictions on companies to aid economy

Businesses will also from June 1 no longer need to apply to resume work, he said, without detailing what other restrictions were being removed

Shanghai edges towards Covid reopening as Beijing plans to ease curbs

Shanghai officials urged continued vigilance, even though the vast majority of its 25 million residents live in areas that are in the lowest-risk 'prevention' category

Beijing says Covid-19 outbreak under control as city to relax curbs

Most public transportation services including buses, subways and taxis will resume in three districts including Chaoyang, according to Xu Hejian, a spokesman for the Beijing city govt

'Tomorrow will be better': Shanghai inches towards Covid reopening

Shanghai officials urged continued vigilance on Saturday, even though the vast majority of its 25 million residents live in areas that are in the lowest-risk "prevention" category

China's industrial profits slump in April as Covid curbs squeeze firms

Industrial output from the commercial hub of Shanghai, located at the heart of manufacturing in the Yangtze River Delta, nosedived 61.5% in April

China logs 80 new local Covid-19 cases, 45 in Shanghai; 22 in Beijing

A total of 216 COVID-19 patients were discharged from hospitals after recovery on the Chinese mainland on Thursday, the National Health Commission said in its Friday report

Chinese tech firms forced into 'blood listings' as capital dries up

Public offerings at slashed valuations could translate into losses for venture capitalists in late funding rounds

Tightening Covid net, Beijing deals out punishments, stark warnings

Shanghai, which is aiming for a June 1 complete exit from a stringent city-wide lockdown, is gradually and cautiously unwinding COVID curbs

Neighbourhood Covid enforcers keep large parts of Shanghai in lockdown

Neighbourhood committees around the city are imposing strict curbs on movement, including limits on who can leave their apartment blocks and for how long amid concerns about a rebound in cases

China's bet on homegrown coronavirus vaccines holds back country

China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against Covid

Chinese economic recovery faces new hurdle in rising power costs

China's economic miracle rested partly on cheap and abundant coal power. But since last year local officials have been allowed to raise electricity tariffs for industrial users

Asia stocks stifled by inflation, rising interest rates and China concerns

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3% as the region's major markets traded in the red. Oil rose and gold extended its recent gains

As Covid becomes threat to the economy, how can Chinese leaders rescue it?

More than two years after a deadly strain of coronavirus was first identified in the central city of Wuhan, China remains locked in a COVID crisis

Oil prices rise as US driving season looms; Shanghai mulls Covid unlock

Brent crude futures rose 82 cents to $113.37 a barrel at 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed 69 cents

Shanghai makes way towards Covid lockdown exit, Beijing plays defence

Shanghai cautiously works to restore transport services; Shanghai reports mostly zero new community cases this week; Beijing on edge as new infections keep appearing

China reports 181 new local cases of Covid; one death in Shanghai

Despite Beijing's claim of a 'Zero Covid-19 Policy' in the country, the covid cases in China have been witnessing a surge on a regular basis

Shanghai inches towards Covid lockdown exit, Beijing plays defence

Shanghai's lockdown since the beginning of April has dealt a heavy economic blow to China's most populous city, stirred debate over the sustainability of the nation's zero-COVID policy

China cuts borrowing rate more than expected to revive housing sector

China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019

China to reopen subways in Shanghai as Covid-19 restrictions ease

The city will also restart 273 bus lines connecting major urban centers, airports, train stations and hospitals as it resumes cross-district public transit

Some in Shanghai allowed out to shop; end of Covid lockdown in sight

Officials are wary of the danger of new flare-ups of infection in their high-stakes effort to gradually re-open and are planning to keep most residents largely indoors this month