The Latest Breaking News from Shanghai

The Chinese financial hub of Shanghai reported 746 new local asymptomatic coronavirus cases for May 16, down from 869 a day earlier, data released on Tuesday showed.

Shanghai’s 90% plunge leads China slump as nationwide more than 1 billion fewer packages were distributed in April than in March

China’s economy is paying the price for the nation’s COVID Zero policy, with industrial output and consumer spending sliding to the worst levels since the pandemic began and analysts warning of no quick recovery.

The Tesla Giga Shanghai plant is slowly resuming and increasing production, but it might take more time than initially expected to achieve full scale again.

Officials in Shanghai helped Tesla cart over 6,000 employees and supplier employees to their jobs to help the automaker re-open its factory following lockdowns.

Juneyao and Spring Airlines will restart passenger services to the cities of Kunming and Longyan

New data shows China's economy cooled sharply in April, as many cities including Shanghai suffered Covid-19 lockdowns. Industrial output dropped nearly 3 percent compared to a year before, while retail sales slumped 11 percent. Meanwhile, global wheat prices jump after India announces a ban on exporting the grain due to…

Shanghai to phase out strict lockdown measures that have kept 26 million people at home for more than six weeks.

Shenzhen Component Index closed down 0.6%

Authorities say most of Shanghai has stopped the spread of the coronavirus in the community and fewer than 1 million people remain under strict lockdown

Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has lasted more than six weeks, heavily bruising China's economy, and for the return of more normal life from June 1.