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‘Political epidemic’ spreads in Shanghai; banks allowing mortgage repayment deferments a sign of worsening real estate crisis

     SinoInsight  1      Shanghai casesThe Shanghai Municipal Health Commission reported on April 10 that the city had another 914 local confirmed COVID-19 cases and 25,173 local asymptomatic cases. Shanghai also had 7,720 confirmed cases and 186,992 asymptomatic cases still under medical observation. Shanghai epidemic control messaging April 4 Party mouthpiece People’s Daily reported that …

Read more‘Political epidemic’ spreads in Shanghai; banks allowing mortgage repayment deferments a sign of worsening real estate crisis

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