Shanghai is one of the four municipalities under the direct administration of the central government of the People's Republic of China, the largest city in China by population, and the largest city proper in the world, with a population of 26.3 million as of 2019. Read More
The last two lines of the Shanghai subway were terminated on Tuesday afternoon, bringing the city's entire subway system to a standstill until further notice. ...
China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the USD, the lowest figure since October 30, 2020. ...
China's infamous Zero-COVID policy is not only harming the Chinese citizens but is also posing a significant threat to the world as the country's 'witless' rules have left hundreds of cargo ships stranded on the ports which will impact freight costs ...
China's export growth witnessed a sharp fall to 3.9 per cent in the month of April, as the draconian COVID-19 curbs that the country imposed in late March in the economic hub of Shanghai, and other cities start to show their effect on the economy. ...
Due to rising COVID-19 infections in China and the enforcement of the Zero-Covid policy by Xi Jinping, global supply chains have taken a hit as Shanghai is the main export centre of China. ...