Category: Shanghai News

China’s Didi sees overseas business off coronavirus low, eyes payment firm deals, new markets: executive

China ride-hailing giant Didi Chuxing is upbeat that business overseas has turned a corner after dropping to a mid-March low amid the coronavirus pandemic, a senior executive said, and is already ……


Shanghai Offers City-Wide Virus Testing as China Seeks to Reopen

Anyone in Shanghai who wants to be tested for the coronavirus can now get one easily, in China’s latest step to allay fears so that economic activity can resume….


‘Fake’ meat on the menu as China reopens restaurants

This week, KFC said it will start selling plant-based fried chicken for the first time in China for a trial period in Shanghai and the southern cities of Guangzhou and Shenzhen. Western brands are ……


UPDATE 1-China banks BoCom, CCB halt open positions for crude oil trading products

China’s Bank of Communications (BoCom) said on Thursday it has suspended open positions for crude oil trading products starting on Thursday. The decision was made due to “current pricing and liquidity ……


China launches second amphibious assault ship

China’s second domestically built Type 075 amphibious assault ship was launched on Wednesday in Shanghai, Shanghai-based news website thepaper.cn reported. It is capable of conducting amphibious ……


China to the rescue: ‘Mask diplomacy’ aims to win allies in Latin America

As the coronavirus crisis threatens to overwhelm health care systems and devastate fragile economies across Latin America, China — where the deadly pathogen first emerged — now wants the region to see ……


Time to choose new way forward, activist Thunberg says on Earth Day

Swedish joined calls for a combined effort to tackle coronavirus and the climate crisis, saying the 50th anniversary of Earth Day on Wednesday was the time to choose a “new way forward”. Dramatic ……


Coronavirus: Shanghai Shehua’s M’bia hopes to return to China soon

Shanghai Shehua defensive midfielder Stephane M’bia is looking forward to returning to China whenever it is safe to do so amid the coronavirus pandemic. The virus broke out from the Chinese city ……


China launches second Type 075 assault ship

China launched a second amphibious assault ship on Wednesday, the 40,000-ton Type 075, more than a week after fire was reported on the new vessel….


Report on China’s Blockchain Industry Weathering the Storm of COVID-19

China’s economy shrank for the first time in 44 years … as access to cash and investments can be the difference between insolvency and survival. Shanghai-based venture capital firm Hashkey Capital ……