Category: Shanghai News

Bing COVID Report: China levels off; US casualties surpass annual gun deaths

There were 2,565,059 confirmed cases worldwide. Active cases total: 1,700,929, up 51,527 over the previous day. Fatal cases reached 177,496, up by 7,107 over the previous day….


Teen activist Thunberg joins Earth Day climate rallying calls

Swedish joined calls on the 50th anniversary of Earth Day on Wednesday for a combined effort to tackle the coronavirus pandemic and the climate crisis. Dramatic improvements in air and water quality ……


China calls virus lawsuit brought by US state ‘very absurd’

BEIJING (AP) — China on Wednesday slammed a lawsuit brought against it by the U.S. state of Missouri over the coronavirus pandemic as “very absurd.” Foreign ministry spokesman Geng Shuang said the ……


Starbucks brings Beyond Meat and Oatly to China with new plant-based lunch menu

Corp (SBUX.O) said on Monday it would roll out a plant-based food and beverage menu in China this week, launching Beyond Meat Inc (BYND.O) and Oatly products in a country which is trying to recover ……


Volkswagen might buy majority stake in China’s 3rd largest battery maker

Context: Volkswagen’s deliveries in China declined 35% year on-year to around 613,900 units in the first quarter … The company is on track to locally produce all-electric models built on a dedicated ……


China sees scarcity of sales staff and couriers amid economy is reopened

China said that as many as 100 occupations face a shortage of workers in the first … The number of delivery orders has risen 20 percent from March, a courier in Shanghai surnamed Fang told the ……


Silver linings: China air improves after coronavirus lockdowns, but smog seen returning

Air and water quality in China and elsewhere have improved dramatically after coronavirus lockdowns cut traffic and forced polluting factories to close. But on the 50th annual Earth Day, an event ……


China stocks end firmer as investors hope for stepped-up stimulus

China stocks reversed course to close higher on Wednesday, as investors hoped the government would speed up rolling out further fiscal stimulus to shore up an economy that has been hobbled by the ……


China’s HNA Capital seeks delay for $9 mln interest payment

HNA Capital, a unit of Chinese conglomerate HNA Group said on Wednesday it was seeking a five-month extension for a $9-million bond interest payment, a week after its parent secured a one-year ……


China’s Equity Funds Outperform Asian Peers in First Quarter

The Shanghai Composite Index fell 9.8% in the first quarter, compared with the MSCI Asia-Pacific index’s decline of 19.8%. “When the rest of the world has to react to something ……