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The Latest Breaking News from Shanghai

Some in Shanghai allowed out to shop; end of COVID lockdown in sight

More Shanghai residents were given the freedom to go out to shop for groceries for the first time in nearly two months on Thursday as authorities set out more plans for exiting the city-wide COVID-19 lockdown more fully.

Reuters

More work to resume in Shanghai's zero-COVID areas from June

The COVID-19-hit financial hub of Shanghai will start to allow more businesses in zero-COVID areas to resume normal operations from the beginning of June, a deputy mayor said on Thursday as the city looks forward to the end of lockdown.

Reuters

Photographer Luo Yang captures rare glimpse of China’s ‘brave and free’ youth

The Shanghai-based photographer Luo Yang has been documenting Chinese youth for more than a decade

The Guardian - AU

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Lanarkshire graduates prepare to showcase their trade skills as they compete in China

The pair are part of the 39-strong Team UK travelling to Shanghai in October.

Daily Record

Oil Prices Edge Up on China Demand Recovery Expectations, Tight Stocks

Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in US crude inventories. Brent crude was up 23 cents, or 0.2%, at $112.16 a barrel at 0633 GMT, while US West Texas Intermediate (WTI) crude…

Asharq Al-Awsat

Shanghai Composite Index Fell 0.25% on Wednesday

Shenzhen Component Index closed down 0.2%

Caixin Global

'Huge' pressure for Shanghai to stay COVID-free as lockdown end nears

Health authorities in Shanghai faced "huge" pressure to keep China's most populous city free of COVID-19 as residents were counting down the days until June 1 when their lockdown is set to end after almost two months of isolation.

Reuters

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Explainer: Is Thai supply chain anchored to China?

China's Covid containment measures, especially in the world's largest port city of Shanghai, have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term.

Bangkok Post

Shanghai Says It Has Stopped Community Spread of Covid

The milestone fulfills a key condition for completely lifting a weeks-long lockdown that has sparked public anger, battered business

Caixin Global

Beijing locks down more people in China's 'zero-COVID' fight

Authorities in Beijing are restricting more residents to their homes in a now 3-week-long effort to control a small but persistent COVID-19 outbreak in the Chinese capital

The Independent UK

Factbox-COVID-hit Chinese cities seek exit from painful lockdown

Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncertain than ever as the pursuit of zero cases grows more prolonged, taxing and complex, with the highly infectious Omicron variant demanding quicker and tougher steps.

Reuters

Shanghai Composite Index Rose 0.65% on Tuesday

Shenzhen Component Index closed up 1.23%

Caixin Global

Shanghai Says 'Zero-Covid' Achieved but Millions Still in Lockdown

Shanghai on Tuesday declared it had achieved "zero-Covid" across all its districts, sparking derision on social media as millions in China's biggest city remained under lockdown. Confronted with its worst outbreak since the beginning of the pandemic, China -- the last major economy still closed off to the world --…

Asharq Al-Awsat

Shanghai residents leverage Excel skills, management savvy to navigate lockdown

China's worst COVID-19 outbreak has frayed nerves and stirred resentment among many residents of Shanghai but some have thrived in the face of adversity, stepping up with bright ideas and commitment to help their communities through the crisis.

Reuters

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The Independent UK

Musk's China ties add potential risks to Twitter purchase

Elon Musk’s ties to China through his role as electric car brand Tesla’s biggest shareholder could add complexity to his bid to buy Twitter

Reuters

Shanghai hits prized 'zero COVID' status but lockdown lingers

Shanghai achieved its long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones on Tuesday but most residents will have to put up with confinement for a while longer before resuming more normal life.

Reuters

Shanghai reports 77 symptomatic, 746 asymptomatic COVID cases for May 16

The Chinese financial hub of Shanghai reported 746 new local asymptomatic coronavirus cases for May 16, down from 869 a day earlier, data released on Tuesday showed.

Caixin Global

Parcel Deliveries Continue Dropping as Virus Restrictions Persist

Shanghai’s 90% plunge leads China slump as nationwide more than 1 billion fewer packages were distributed in April than in March

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Tribune News Service

China’s economic activity collapses under Xi’s COVID Zero policy

China’s economy is paying the price for the nation’s COVID Zero policy, with industrial output and consumer spending sliding to the worst levels since the pandemic began and analysts warning of no quick recovery.

InsideEVs

Report: Tesla's Plan To Restore Full Production In China Is Delayed A Week

The Tesla Giga Shanghai plant is slowly resuming and increasing production, but it might take more time than initially expected to achieve full scale again.

InsideEVs

Elon Musk's Confidence In China Happens To Be Reciprocal

Officials in Shanghai helped Tesla cart over 6,000 employees and supplier employees to their jobs to help the automaker re-open its factory following lockdowns.

Caixin Global

Two Carriers to Resume Domestics Flights Out of Shanghai This Week

Juneyao and Spring Airlines will restart passenger services to the cities of Kunming and Longyan

France 24

China's economy takes a hit from Covid-19 lockdowns

New data shows China's economy cooled sharply in April, as many cities including Shanghai suffered Covid-19 lockdowns. Industrial output dropped nearly 3 percent compared to a year before, while retail sales slumped 11 percent. Meanwhile, global wheat prices jump after India announces a ban on exporting the grain due to…

Al Jazeera

China’s Shanghai aims to end COVID lockdown by June 1

Shanghai to phase out strict lockdown measures that have kept 26 million people at home for more than six weeks.

Caixin Global

Shanghai Composite Index Fell 0.34% on Monday

Shenzhen Component Index closed down 0.6%

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