Shanghai residents breathed a sigh of relief with the announcement that the Covid-hit city of 26 million will emerge from an extended shutdown on Wednesday. That means shops and businesses will reopen ... ( read original story ...)
FirstFT: Shanghai set to reopen after two-months Covid lockdown
Shanghai is set for the most significant easing of Covid-19 restrictions since it was sealed off more than two months ago, after authorities said public transport would resume and shops reopen from ... ( read original story ...)
Shanghai’s Covid Curbs Are Ending. “Caught Unawares”, Residents Say
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 ...)