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The Latest Breaking News from Shanghai

Shanghai sees 7 COVID deaths on Tuesday

The Chinese financial hub of Shanghai said on Wednesday seven people infected with COVID-19 died on the previous day.

Reuters

Here's How Much Tesla's Giga Shanghai Shutdown Will Impact The EV Maker

Tesla Inc.

Benzinga

Tesla Restarts Production At Giga Shanghai, Workers Sleeping At Factory

Tesla will provide each worker with a mattress and sleeping bag. Shower areas, meals, and entertainment will also be provided as workers stay at the factory.

InsideEVs

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Fear, paranoia, anger – this is life under China’s zero-Covid strategy

The threat of Omicron in no way justifies this draconian response, says a British writer living near Shanghai

The Guardian - UK

Locked down Shanghai reports seven more Covid deaths amid growing concern

The outbreak is being driven by the highly transmissible Omicron variant and has resulted in the city's 25 million residents being confined to their homes since late-March

Irish Mirror

Shanghai prepares to ease Covid lockdown as factories reopen

Authorities in city of 25 million people hope to limit transmissions to quarantine facilities by Wednesday

The Guardian - AU

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.5%

Caixin Global

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Oil Rises as Libya Outage Adds to Supply Woes

Oil prices rose on Tuesday as investors fretted over tight global supply after Libya was forced to halt some exports and as factories in Shanghai prepared to reopen post a COVID-19 shutdown, easing some demand worries. Brent crude futures rose 61 cents, or 0.5%, to $113.77 a barrel at 0349…

Asharq Al-Awsat

Shanghai urges cooperation with COVID tests amid rising scepticism

The Chinese city of Shanghai on Tuesday pleaded for public cooperation with a massive new push to test most of the population for COVID-19 as it tries to bring community transmission down to zero after nearly three weeks of lockdown.

Reuters

Locked down Shanghai reports seven more COVID-19 deaths

Latest victims were aged between 60 and 101 and had not been vaccinated, according to officials.

Al Jazeera

Shanghai Reports 7 More Covid Deaths Since Start of Lockdown

China reported seven more deaths from Covid-19 in Shanghai on Tuesday, after hundreds of thousands of cases in the metropolis during a weeks-long lockdown. City authorities revealed the first deaths of this outbreak on Monday, with Tuesday's fatalities bringing the official toll to just 10, even as the virus continues…

Asharq Al-Awsat

Shanghai reports seven more Covid deaths as virus situation remains grim

BEIJING: Shanghai reported seven more deaths due to Covid-19 as the Chinese financial hub grapples with a record outbreak, taking the total death toll in the country to 4,648 with over 21,400 new cases, most of them from the city.

The Times of India

Analysis-China's Xi sticks with COVID stance despite anger, economic headwinds

For many leaders, mounting public anger and a rapidly worsening economic outlook would be cause for worry and a policy rethink.

Reuters

My life in Shanghai’s never-ending zero-Covid lockdown

A resident in the Chinese megalopolis describes the desperation – and the humanity – of three weeks in strict quarantine

The Guardian - UK

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Caixin Global

Top Automaker SAIC Moves to Resume Production in Shanghai

Preparations after three weeks of Covid lockdowns focus on ensuring personnel and supply chains with virus-control measures

The Independent UK

China’s economy shows signs of slowdown amid strict Covid lockdowns

Shanghai effectively sealed off for weeks as China attempts to contain latest outbreak

Daily Mirror

Bin bags full of cats seen in Shanghai as police 'killing pets whose owners have Covid'

WARNING DISTRESSING CONTENT. Officials in Shanghai, China, have been rounding up and killing pets belonging to residents who test positive for Covid, as other people are kept in 'quarantine camps' where lights remain on 24/7

Benzinga

Tesla Shanghai Workers Forced To Live 24/7 At Reopened Factory: Report

Employees at Tesla Inc.’s (NASDAQ: TSLA) reopened Shanghai factory will be forced to live at the worksite under strict health protocols as the Shang

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Benzinga

Mizuho Slashes Qualcomm Price Target - Read Why

Mizuho analyst Vijay Rakesh lowered the price target on Qualcomm Inc (NASDAQ:QCOM) to $185 from $210 (35.1% upside) and kept a Buy rating. The first half of 2022 brings "multiple headwinds" to China handset manufacturers from weaker 5G demand, extended COVID lockdowns, and a more competitive Apple Inc (NASDAQ:AAPL) iPhone. The headwinds are driving potentially increased radio…

The Independent UK

Inside Shanghai quarantine centres with 24-hour lights and no hot showers

Thousands in Shanghai who test positive for Covid but have few or no symptoms are being ordered into quarantine centres

Los Angeles Times

Doyle McManus: The cost of China's harsh 'zero COVID' policy? Human suffering and economic damage

The stories from Shanghai, a city of 25 million entering its fourth week of COVID-19 lockdown, have been harrowing.

Caixin Global

Shanghai Composite Index Fell 0.49% on Monday

Shenzhen Component Index closed up 0.37%

Reuters

COVID-shaming pits neighbour against neighbour in locked-down Shanghai

The tensions of lockdown have exposed divisions among Shanghai residents, pitting young against old, locals against outsiders, and above all, COVID-negative against COVID-positive people.

The Independent UK

Shanghai reports 1st deaths from current COVID-19 outbreak

Officials say three people have died from COVID-19 in Shanghai, in the first reported deaths of the latest outbreak in China's most populous and wealthiest city

Asharq Al-Awsat

China Economy Grows 4.8% in 1st Quarter as Virus Bites

China's economy grew 4.8 percent in the first quarter, the National Bureau of Statistics said Monday, warning of "significant challenges" ahead as a resurgence of the coronavirus threatens Beijing's ambitious annual target. The world's second-biggest economy was already losing steam in the latter half of last year with a property…

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