Category: Shanghai News

UPDATE 1-China cuts key rate for second time this year, more easing likely

China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. The ……


Coronavirus threatens to trigger new round of global food crisis: China official

The global coronavirus pandemic threatens to cause a huge shock to international food trade and trigger a new food crisis, a top agriculture official in China said on Monday. The comments came as ……


China reports 12 new mainland coronavirus cases on April 19, eight imported

China reported 12 new confirmed cases on April 19, down from 16 a day earlier, with no new deaths, the country’s health authority said on Monday. Of the total, eight were imported, down from nine on ……


UPDATE 1-China’s Gome says to raise $200 mln through debt sale to Pinduoduo

SHANGHAI, April 19 (Reuters) – Chinese electronics retailer Gome Retail Holding on Sunday said it would raise $200 million through a c ……


Give and take: Shanghai hospital witnesses 30 years of medical exchange between China and the US

The Shanghai center’s activity is just one of many help China has extended to other countries. Chinese respiratory expert Zhong Nanshan and Shanghai medical expert Zhang Wenhong have both shared their ……


China’s Gome to raise $200 mln through debt sale to Pinduoduo – source

Chinese electronics retailer Gome Retail Holding is planning to raise $200 million through a convertible bond issue to e-commerce platform Pinduoduo, a source with direct knowledge of the matter said ……


U.S. sent millions of face masks to China early this year, ignoring pandemic warning signs

U.S. manufacturers shipped millions of dollars of face masks and other protective medical equipment to China in January and February with encouragement from the federal government, a Washington Post ……


‘Seeing a bright side’ in China: High school seniors reveal signs of COVID recovery

Teenagers Lily Chen and Steven Song are among the rare few to have experienced the global COVID-19 pandemic from virus hot zones on two continents….


China mandates coronavirus tests for key public workers leaving Wuhan

China ordered on Saturday that anyone in Wuhan working in certain service-related jobs must take a coronavirus test if they want to leave the city. The order comes after the central city, where the ……


China Reports 27 New Coronavirus Cases, Death Toll at 4,632 After Data Revisions

China’s National Health Commission reported 27 new confirmed coronavirus cases on April 17, up from 26 the day earlier, according to data published on Saturday….