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The Latest Breaking News from Shanghai

'It's dead out here': China's slow exit from zero-COVID

Judging by Friday's quiet streets in China's capital Beijing and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return to health for the world's second-largest economy.

Reuters

As China loosens COVID restrictions, protesters fear retribution

Late last month, Shanghai resident Pei was one of many people who came out in support of historic protests against China's COVID-19 curbs, including filming several seconds of footage of a man being arrested on a street corner.

Reuters

Tesla Stock Falters On Latest Report Of China Production Slowdown

Tesla stock took a hit Thursday amid reports it is cutting worker shifts and pausing new hire onboarding at its Shanghai factory. Earlier in the week, Tesla refuted claims it was cutting China production by 20%.

Investors Business Daily

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A Chinese Executive May Be the Future CEO of Tesla

Elon Musk recently told the EV maker's board that he had identified someone to succeed him as CEO.

The Street

COVID spread fears grow as China unwinds zero-tolerance curbs

As many Chinese embraced new freedoms on Thursday after the country dropped key parts of its tough zero-COVID regime, there was mounting concern that a virus that had largely been kept in check could soon run wild.

Reuters

‘The protest of our generation’: China’s first-time demonstrators try to find a voice

TAIPEI, Taiwan — It was the middle of the night in Shanghai when Jack’s phone rang, with a message from a friend: Something big is happening.

Los Angeles Times

Under China's 'zero COVID,' uncertainty reigns and unsettles

As coronavirus cases rose in Shanghai earlier this year and the city’s lockdown stretched from weeks to months, Leah Zhang’s feeling of suffocation grew

The Independent UK

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Shanghai Disneyland theme park to reopen on Thursday

Shanghai Disneyland theme park will reopen to visitors on Thursday, according to a statement issued by Shanghai Disney Resort on Wednesday.

Reuters

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed up 0.67%

Caixin Global

Hu Jintao reappears as China comes to standstill for late leader Jiang Zemin

Former leader who was removed from a key meeting in October attended the memorial where Xi Jinping urged country to ‘turn grief into strength’

The Guardian - AU

Perspective: Jiang Zemin's passing marks the end of an era for China

As China holds a memorial service for its late leader Jiang Zemin, an NPR correspondent who met Jiang reflects on the figure and his transforming country.

WEKU

Tesla Stock Slumps After Monthly Sales Record In China, Reports Of Production Cut

Tesla stock shed 6.4% Monday as the EV giant has largely been a loser on the year.

Investors Business Daily

Tesla set to cut Shanghai output in sign of sluggish demand

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations.

Tribune News Service

Dow Jones Sells Off After Economic Data; Tesla Skids On Plans To Cut Production

The Dow Jones Industrial Average fell Monday after key data. Tesla stock skidded on reports that Tesla plans to cut production in Shanghai.

Investors Business Daily

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InsideEVs

Tesla Sold 100,291 China-Made EVs In November, A New Record

In the first 11 months of this year, Tesla's Gigafactory Shanghai delivered more than 650,000 vehicles, far exceeding last year's total of 484,130.

The Street

Tesla Stock Slides On Reports Of December Production Cuts In China

Multiple reports suggest Tesla will reduce December output at its Shanghai-based gigafactory by as much as 20%.

Al Jazeera

More Chinese cities ease COVID curbs but full reopening unlikely

Shanghai, Urumqi are the latest to ease COVID-19 curbs following last month’s unprecedented anti-government protests.

Tribune News Service

Shanghai eases COVID rules as China’s policy shift expands

Shanghai eased some of its COVID-19 restrictions, joining other top-tier Chinese cities as authorities accelerate a shift toward reopening the economy after thousands of demonstrators took to the streets last weekend to voice their anger at the nation’s stringent policies.

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Daily Record

Expat teacher-turned-comedian to give hilarious take on Lanarkshire and Shanghai life at Glasgow Comedy Festival

The East Kilbride dad is bringing his satirical experiences of culture shock to not one, but two shows at next year's festival

Newsroom.co.nz

China's Covid protests: What happens next?

The most dramatic protests in a generation - The Detail looks at the growing dissent in China over Covid-19 restrictions.

AFP

Shanghai axes some Covid testing requirements

Beijing (AFP) - Authorities in China's financial hub of Shanghai will from Monday scrap some testing requirements in the country's latest relaxing of its strict zero-Covid policy following nationwide protests unseen in decades.

The Independent UK

At Shanghai vigil, bold shout for change preceded crackdown

What started as an unplanned vigil last weekend in Shanghai by fewer than a dozen people grew hours later into a rowdy crowd of hundreds

Evening Standard

Chinese Grand Prix scrapped for 2023 after Covid talks fail to find solution

The Chinese Grand Prix has officially been axed from next season’s Formula 1 calendar.

Reuters

Inside China's fight over the future of zero-COVID

Samuel Ren is sick of zero-COVID.

Caixin Global

Shanghai Composite Index Fell 0.29% on Friday

Shenzhen Component Index closed down 0.39%

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