Shanghai allowed 4 million more people out of their homes Wednesday as coronavirus rules that shut down China’s largest city eased and some factories resumed operation. A total of almost 12 million ... ( read original story ...)
Shanghai sees 7 Covid-19 deaths on Tuesday
The Chinese financial hub of Shanghai said on Wednesday (April 20) seven people infected with Covid-19 died on the previous day. On Monday too the city recorded seven deaths from the virus. Shanghai ... ( read original story ...)
In Shanghai, Tesla Workers Are Forced to Sleep on Factory Floors But Tesla Owners Don’t Seem To Mind
Shanghai is China’s financial and manufacturing center and it’s estimated each day the city is on pause results in more than 10 billion yuan ($1.56 billion) in lost gross domestic product (GDP). ( read original story ...)
Shanghai tries to ease supply chain crunch amid lockdown
China took steps to restart export manufacturing, but strict COVID measures pose a continuing challenge for logistics providers. ( read original story ...)
Shanghai’s manufacturing plant restarts fall short due to lack of truckers, parts
Companies in China whose factories are operating under closed-loop systems might be forced to stop work due to parts shortages or logistical challenges. ( read original story ...)
Tesla Earnings Under Pressure From Shanghai Factory Halt
Tesla investors on Wednesday will be keeping an eye on whether the electric car company maintains its ambitious 2022 delivery target as the biggest factory, Shanghai, grapples with a COVID-19 shutdown ... ( read original story ...)
People’s Bank of China steps in to assist Covid-battered supply chains
Beijing has drafted more policies to aid under pressure supply chains as China struggles to handle the omicron variant of Covid-19. Seven new Covid-19 deaths were reported in Shanghai on Tuesday, a ... ( read original story ...)