Shanghai authorities said Tuesday they will lift more restrictions in steps to return the Covid-hit city to normality, after two months of heavy-handed restrictions that throttled businesses and ... ( read original story ...)
Shanghai carmakers expect strong rebound as lockdown is lifted
Car producers, which have seen a gradual restoration of production capacity, are expecting a strong rebound in June. SAIC Motor's Lingang plant in Shanghai has already resumed 24-hour operations, the ... ( read original story ...)
China shares hit 5-week high as foreign inflows jump ahead of Shanghai reopening
Chinese shares closed at five-week highs on Tuesday, led by a rally in consumer and high-tech stocks, as the market witnessed its highest foreign inflows for this year ahead of Shanghai’s imminent ... ( read original story ...)
Shanghai reports 22 new local asymptomatic COVID cases, 9 symptomatic cases for May 30
Shanghai reported 22 new domestically transmitted asymptomatic coronavirus cases for May 30, down from 61 a day earlier, while local symptomatic cases rose to 9 from 6, the city government said on ... ( read original story ...)
Tesla’s Shanghai factory adds back second shift, restoring manufacturing capacity to level before citywide lockdown: sources
The Giga Shanghai has been running with two shifts a day since late last week, according to people familiar with the situation Tesla has lost about 50,000 vehicles in production due to reduced shifts ... ( read original story ...)
Shanghai lockdowns to end, perhaps easing tech supply chain woes
China’s largest city, Shanghai, will this week all-but end its COVID-19 lockdowns on Wednesday, and by doing so may smooth some of the kinks in the world’s technology supply chains. Limited lockdowns ... ( read original story ...)
Life inside Shanghai’s prolonged lockdown
New York City removes its last public payphone, marking an end of the payphone era as the city moves to replace them with public Wi-Fi hotspots. ( read original story ...)