Shanghai officials boast that their strategy to snuff out COVID is preferable to a city-wide lockdown, but the effects are jarring for residents. ( read original story ...)
26 million Shanghai residents placed on two-stage lockdown amid COVID-19 surge
About 26 million residents of Shanghai have been placed on a two-stage lockdown as the city faces a new surge of COVID-19 cases. The lockdown, announced by the local government on Sunday, went into ... ( read original story ...)
Shanghai in lockdown: ‘It’s like being in a cage’
STORY: Once again, Shanghai’s streets are empty. More than two years on from the start of the COVID-19 pandemic, China’s financial hub is in one of its most extensive lockdowns yet.The snap two-stage ... ( read original story ...)
China’s Shanghai lockdown tests ‘zero-COVID’ strategy
Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the ... ( read original story ...)
EXCLUSIVE Tesla supplier Aptiv stops some production in Shanghai over COVID issues – sources
Auto parts maker Aptiv on Tuesday sent home workers at a Shanghai production facility that supplies Tesla and a General Motors (GM) joint venture, citing COVID issues, sources familiar with the matter ... ( read original story ...)
Shanghai Lockdown Adds to China’s Economic Woes
The economic toll of locking down of one of China’s largest and most prosperous cities is only starting to come into view. ( read original story ...)
Hope and Despair, Yield Curve, Shanghai Shutdown, Biden Budget, Trading Costco
The yield curve certainly signals the U.S. economy will have to pass through troubled waters over the medium to even long-term, but it also signals outright economic contraction remains tomorrow's ... ( read original story ...)