News Snapshot:
With the gradual business recovery from the latest COVID-19 wave in Shanghai, foreign-funded industrial companies based in the city remain confident about development in the Chinese market, while seeking out approaches to adapt their businesses to the challenging times. The Sika Shanghai Sarnafil factory in Minhang district, which is under the umbrella of Swiss chemicals giant Sika Group, has resumed all production lines after a monthlong suspension from March 28 to April 26. According to Zhang Yejiong, president of Sika China, the production capacity since June has rebounded to the status before March and has seen a 10 percent increase....
