A resident locked down in her compound in the Jing’an district of Shanghai on May 25, 2022. Photo: AFP
Shanghai
Shanghai’s lockdown to end as scripted amid falling cases, party boss says
2 hours ago

The positive turn gave the city’s Commissar Li Qiang enough confidence to begin loosening some of the government’s stranglehold on movements, work and daily lives in the city of 25 million residents.

A resident locked down in her compound in the Jing’an district of Shanghai on May 25, 2022. Photo: AFP
Shanghai’s lockdown to end as scripted amid falling cases, party boss says

The positive turn gave the city’s Commissar Li Qiang enough confidence to begin loosening some of the government’s stranglehold on movements, work and daily lives in the city of 25 million residents.

2 hours ago
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A Range Rover Sport SUV sits in a final inspection area at Tata Motors’ Jaguar Land Rover vehicle manufacturing plant in Solihull, UK, on Wednesday, July, 15, 2015. Photo: Bloomberg
UK risks car industry bust as Jaguar looks elsewhere for batteries

As the move to electric vehicles redraws manufacturing maps, the UK is endangered by scarce supply of raw materials, expensive energy, meager government incentives and potential Brexit-related tariffs.

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Hong Kong stock market
Stocks drop as China shows pain from lockdowns while Alibaba, Baidu slide

China details the economic fallout from Covid-19 lockdowns as Premier Li calls for stronger recovery efforts. Alibaba and Baidu are in focus before their earnings reports.

China details the economic fallout from Covid-19 lockdowns as Premier Li calls for stronger recovery efforts. Alibaba and Baidu are in focus before their earnings reports.

44 minutes ago
Hong Kong economy
DWF, Hauzen form alliance as Hong Kong events spur demand for legal services

DWF, the first law business to be listed on London’s niche board, is teaming up with Hauzen to offer legal expertise to clients in China and globally.

DWF, the first law business to be listed on London’s niche board, is teaming up with Hauzen to offer legal expertise to clients in China and globally.

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Shanghai loses its currency trading crown to Beijing amid lockdowns
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Nomura leads US$6 million investment in Hong Kong start-up Allinfra
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Shanghai to expand app tracking to guard against Covid-19 resurgence

As the city records a third day without community infections, the government announces that schools, parks, offices and residential compounds will require health-app scans when lockdown easing begins.

As the city records a third day without community infections, the government announces that schools, parks, offices and residential compounds will require health-app scans when lockdown easing begins.

23 May 2022 - 6:59PM
China’s online maps now dotted with Covid-testing booths

Popular online map services in China, such as those from Alibaba, Baidu and Tencent, have included information on nearest testing booths for users, as nucleic-acid tests become part of everyday life.

Popular online map services in China, such as those from Alibaba, Baidu and Tencent, have included information on nearest testing booths for users, as nucleic-acid tests become part of everyday life.

24 May 2022 - 6:00AM
China gives up US$9 billion in tax to kick start stalling vehicle sales

China’s vehicle industry took a deep dive last month, as Shanghai went into a citywide lockdown, which idled car plants from General Motors to Tesla and Volkswagen.

China’s vehicle industry took a deep dive last month, as Shanghai went into a citywide lockdown, which idled car plants from General Motors to Tesla and Volkswagen.

24 May 2022 - 10:04PM

Business | OPINION

A farmer harvests wheat on the outskirts of Jammu, India. India has recently announced a ban on wheat exports, which is likely to fuel further price increases in the global market. Photo: AP
The View | Export bans amid global food insecurities leave developing world to suffer

Several countries have banned commodity exports since the start of the pandemic, affecting supplies of wheat, rice, fertiliser, palm oil and more. Instead of bans, the world must help farmers increase production and fill gaps in supplies.

26 May 2022 - 4:57AM
Opinion | In the Indo-Pacific, the US must remember that ‘Asians live by trade’

Despite much talk of economic engagement and assurances that the Indo-Pacific Economic Framework is ‘not about China’, the US approach in Southeast Asia seems to be largely about the politicisation of trade and technology issues. Asean wants tangible trade benefits, not more pressure to choose a side.

Despite much talk of economic engagement and assurances that the Indo-Pacific Economic Framework is ‘not about China’, the US approach in Southeast Asia seems to be largely about the politicisation of trade and technology issues. Asean wants tangible trade benefits, not more pressure to choose a side.

25 May 2022 - 1:56AM
In the Indo-Pacific, the US must remember that ‘Asians live by trade’
Macroscope | Fed policy could create belt and road debt default headache for China

The US central bank will do whatever it takes to curb inflation, including cutting the supply of US dollars and raising borrowing costs, leaving emerging economies struggling to buy dollar-denominated goods. Even China, seemingly protected by its huge reserves of US dollars, is at risk as a major lender to smaller economies.

The US central bank will do whatever it takes to curb inflation, including cutting the supply of US dollars and raising borrowing costs, leaving emerging economies struggling to buy dollar-denominated goods. Even China, seemingly protected by its huge reserves of US dollars, is at risk as a major lender to smaller economies.

24 May 2022 - 4:30PM
Fed policy could create belt and road debt default headache for China
A farmer harvests wheat on the outskirts of Jammu, India. India has recently announced a ban on wheat exports, which is likely to fuel further price increases in the global market. Photo: AP
The View | Export bans amid global food insecurities leave developing world to suffer
26 May 2022 - 4:57AM
Opinion | In the Indo-Pacific, the US must remember that ‘Asians live by trade’

Despite much talk of economic engagement and assurances that the Indo-Pacific Economic Framework is ‘not about China’, the US approach in Southeast Asia seems to be largely about the politicisation of trade and technology issues. Asean wants tangible trade benefits, not more pressure to choose a side.

25 May 2022 - 1:56AM

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