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China’s Greenland becomes first state-backed property developer to extend dollar bond payment since liquidity crunch in the sector May 27, 2022
Air China to add flight between Beijing and New York in June, more international flights expected for other Chinese carriers – state media May 27, 2022
China Evergrande considers repaying offshore investors of $19 billion bonds with cash instalments, debt-to-equity swap – report May 27, 2022
Li Auto said to lower 2022 sales target amid slowing economy, Covid-19 outbreaks May 27, 2022
China’s iron ore futures surge on expectation of more policy easing May 27, 2022
Shanghai electricity consumption recovered above 78% of year-ago level – state media May 27, 2022
Baidu’s Q1 revenue beat expectations supported by cloud, AI May 26, 2022
China’s 10-year treasury futures surge, 10-year government bond yield hit lowest since April May 26, 2022
Market close: Hong Kong stocks closed down, while Chinese A-shares ended higher May 26, 2022
Ganfeng Lithium to build new lithium compound plant with annual capacity of 50,000 tonnes May 26, 2022

Chinese regulators scramble to unclog logistics, stabilize supply chains as more businesses warn of economic tolls of Shanghai lockdown

Posted on April 16, 2022April 16, 2022 by

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Several Chinese regulators on Friday pledged to maintain smooth logistics and stabilize supply chains after more businesses warn that the strict measures to contain Covid-19 outbreaks in Shanghai and neighbouring regions are triggering severe economic disruptions.

Richard Yu, CEO of Intelligent Automotive Solution Business at Huawei Technologies, said on WeChat that "if Shanghai doesn't resume production soon, almost all tech/industrial companies which have suppliers in Shanghai and neighbouring areas will have to . . .

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