A Shanghai city division delivered Thursday its five-year improvement plan, which included empowering metaverse use in broad daylight administrations The metaverse has turned into a trendy expression ...
Tag: Shanghai
China’s Domestic Tourism Shrinks Amid Covid Lockdowns
The Great Wall of China has long been a popular tourist attraction in the country. (AP Photo/Ng Han … [+] Guan) Copyright 2020 The Associated Press. All rights reserved. A global focus of China’...
China’s Second-Quarter GDP Growth Plunges To Less Than 1% On Covid Hit
Health workers in protective gear walk out from a cordoned area after spraying disinfectant in Shanghai’s Huangpu district on January 27, 2021. STR/AFP via Getty Images China’s economic growth s...
Shanghai includes blockchain, Web 3, and NFTs in the 5-year plan
Various countries and governments have remained friendly towards crypto, creating a favorable environment. One is the Shanghai government, aware of the need for these developments. It has ensured that...
Shanghai included blockchain, NFTs and Web3 in its 5-year plan
China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), the Metaverse and Web3 during its next five-year plan. On...
Shanghai Aims To Achieve $446 Bln Digital Economy Through Web 3
The Shanghai Municipal People’s Government laid down its 14th five-year plan for the development of Shanghai’s digital economy. Shanghai is considered the financial capital of China. The policy paper ...
Amiri Opens First International Store In Shanghai
The exterior of the new Amiri store in Shanghai. Photos by Kris Tamburello Courtesy of AMIRI Mike Amiri is bringing his California-cool brand of sportswear to China. As the brand’s debut interna...
Shanghai’s Qiming Venture Partners Raises $3.2 Billion Of New Funds
Nisa Leung, managing partner at Qiming Ventures Partners, is one of two members from the firm to … [+] make the 2022 Forbes Midas List. Photographer: Anthony Kwan/Bloomberg © 2019 Bloomberg Fina...
Chinese EV Billionaire Shrugs Off Lockdown Pain To Add $7 Billion Fortune
Chinese electric car maker BYD is not only surviving the disruptions caused by the country’s Covid lockdowns, but the company appears to be thriving like never before. BYD’s stock has jumped just over...
Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong
Soho China CEO Zhang Xin, second from right, chats with guests at her newly opened Galaxy Soho … [+] building in Beijing in 2012. Galaxy Soho, a new office, retail and entertainment building, wa...
Tesla Stock Quivers On Weak Q2 Delivery Numbers
Getty Images Key takeaways TSLA shed over 4% intraday Tuesday before rebounding to close up 2.55% in the session The initial Tesla stock shock occurred after Tesla announced fewer-than-expected vehicl...
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police – Security Bitcoin News
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and i...
Exposed Shanghai Police Database Covering One Billion Chinese Citizens Priced At 10 Bitcoins
The now-closed post on the forum specified, “In 2022, the Shanghai National Police (SHGA) database was leaked. This database contains many terabytes of data and information on Billions of Chinese ci...
Tesla Delivery Pace Drops In Second Quarter On China Slowdown
Elon Musk at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Tesla’s billionaire CEO had anticipated more robust deliveries at the start of the seco...
Starbucks reopens dining rooms in 800 stores in Shanghai; Is SBUX stock a buy?
Shares of the Seattle-based company, Starbucks (NASDAQ: SBUX), have dropped 34% in 2022, on pace for its worst year since 2008. It seems that for investors, issues in China, soaring inflation, and uni...
China Tourism, Airline Stocks Climb On Shorter Quarantines For Int’l Arrivals; Trip.com Soars 14%
Shares in Shanghai-headquartered Trip.com rose by 14% in morning trade in the U.S. on hopes shorter … [+] quarantines for international arrivals in China will help business at the country’...
Tesla Deliveries Due After Shanghai Production Woes; Tesla Stock Hits Resistance
Tesla (TSLA) is likely to announce global production and delivery data for the second quarter later this week, after the Covid lockdowns and restrictions significantly reduced Shanghai plant productio...
Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns
Mizuho analyst Vijay Rakesh became little less bullish on electric vehicle makers Tesla Inc. TSLA, -0.32%, Rivian Automotive Inc. RIVN, -3.59% and China-based NIO Inc. NIO, -4.69% on Monday, citing th...
China’s Unpredictability Is “Poisonous” For Its Business Environment, EU Chamber Says
A volunteer in protective gear fans himself with a paper printed with a health QR code at a COVID-19 … [+] testing site in Beijing, Monday, June 20, 2022. (AP Photo/Andy Wong) ASSOCIATED PRESS U...
U.S. Firms In Shanghai Cutting Revenue Forecasts, Investment Plans After Lockdowns — Survey
A police patrol vehicle monitors the crowd along Shanghai’s iconic Bund on June 1. Lockdown … [+] restrictions have eased in much of the city this month but residents face stringent travel...
Nearly all factories in Shanghai resume work as Covid controls ease
German automaker Volkswagen is one of state-owned automaker SAIC’s foreign partners in China. Pictured here on June 7, 2022, is the joint venture’s factory in Shanghai. Qilai Shen | Bloomb...
China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%
It was a rough day for U.S. investors in China stocks. (Photo by Noam Galai/Getty Images) Getty Images Shares in many of China’s best-known companies plunged on the Nasdaq and New York Stock Exchange ...
Latest Shanghai quarantines add more pressure to global supply chain
Staff members of China Post unload parcels of daily necessities for residents quarantined at home from a minivan on May 14, 2022 in Shanghai, China. Tian Yuhao | China News Service | Getty Images The ...
Beijing, Shanghai reimpose some bans
People wait in line for nucleic acid tests to detect COVID-19 at a testing site on June 9, 2022, in Beijing, China. China says it has generally controlled recent outbreaks in Beijing after hundreds of...
Experts See Fresh Opportunities In Chinese Stocks With Economic Activity Set To Rebound After Shanghai Reopening
Topline Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech s...
China Tourist Trips, Revenue Fell During Dragon Boat Festival
Children wearing face masks ride on a cart at a public park on the first day of the Dragon Boat … [+] Festival holiday in Beijing, Friday, June 3, 2022, as China’s capital has begun to reo...