Page 6 - Shanghai

Shanghai inches towards Covid lockdown exit, Beijing plays defence

Shanghai's lockdown since the beginning of April has dealt a heavy economic blow to China's most populous city, stirred debate over the sustainability of the nation's zero-COVID policy

China cuts borrowing rate more than expected to revive housing sector

China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019

China to reopen subways in Shanghai as Covid-19 restrictions ease

The city will also restart 273 bus lines connecting major urban centers, airports, train stations and hospitals as it resumes cross-district public transit

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

Officials are wary of the danger of new flare-ups of infection in their high-stakes effort to gradually re-open and are planning to keep most residents largely indoors this month

China's zero-Covid policy dashes global hopes for quick return to normal

Calculations based on International Monetary Fund projections show China's expected average annual contribution to global economic growth through to 2027 at about 29%

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

Despite no new cases, authorities are not lifting the lockdown immediately, instead gradually easing restrictions until the start of next month

'Huge' pressure on Shanghai to stay Covid-free as end to lockdown looms

The commercial hub of 25 million achieved a fourth consecutive day without any new infections in the community, holding on to its prized "zero Covid" status

Shanghai says lockdown to ease as Coronavirus spread slows down

Most of Shanghai has stopped the spread of the coronavirus in the community and fewer than 1 million people remain under strict lockdown, authorities said Monday, as the city moves toward reopening

China says economy reviving as stringent anti-virus curbs ease in Shanghai

About half of the 9,000 biggest industrial enterprises in Shanghai are back at work after controls that shut down most of the city starting in late March eased

After six weeks of Covid-induced lockdown, normalcy to return in Shanghai

Data on Monday showed China's industrial output fell 2.9% in April from a year earlier, down sharply from a 5.0% increase in March

China logs 140 new local Covid-19 cases; 69 in Shanghai, 39 in Beijing

Shanghai also reported four new deaths due to the infection in last 24 hours

Tesla delays plan to restore Shanghai output to pre-lockdown levels: Report

Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated

Smartphone demand drops 'like a rock', 200 million less handsets this year

The SMIC predicted a gloomy outlook for consumer electronics demand, saying it sees no sign of a recovery anytime soon

China reports 253 new Covid-19 cases in 24 hours, with 194 in Shanghai

Shanghai also reported 1,487 locally-transmitted asymptomatic infections of the novel coronavirus on Friday, out of a total of 1,726 local asymptomatic carriers newly identified on the mainland

From sneakers to Teslas, China lockdowns upend global supply chains

While "supply-chain disruption" is emerging once more as the most repeated phrase of corporate earnings season, the impact goes beyond multinationals' profits

Shanghai aims to defeat Covid-19 over next week as Beijing hunkers down

Shanghai eyes lockdown end with final push. Aims to limit COVID to quarantined zones. Beijingers stay home as virus spreads. Officials pledge support for economy, jobs

China records 312 new local Covid-19 infections with 227 cases in Shanghai

Shanghai also reported 1,869 locally transmitted asymptomatic infections, out of a total of 2,140 such cases newly identified on the mainland

Chinese govt fights economic slump, prioritises costly 'zero Covid'

China kept infection numbers low until early this year with a strategy that shut down cities, but entailed soaring costs

China: Toyota slashes production due to Covid lockdown in Shanghai

Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai, media reports said.

Tensions between Shanghai residents and China's Covid enforcers on the rise

Tensions between Shanghai residents, China's Covid enforcers are on rise again, amid a new push to end infections outside quarantine zones to meet President's demand for achieving "dynamic zero-Covid"