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The Latest Breaking News from Shanghai

China risks 1.6 million deaths in virus ‘tsunami’ if Covid Zero is abandoned: Study

BEIJING: China risks a “tsunami” of coronavirus infections resulting in 1.6 million deaths if the government abandons its long-held Covid Zero policy and allows the highly-infectious Omicron variant to spread unchecked, according to researchers at Shanghai’s Fudan University.

The Times of India · May 11, 2022

Elon Musk Says Tesla Will Expand Giga Shanghai But No New Plant Planned In China

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday that the electric vehicle maker would expand its Giga Shanghai factory but has no plans to launch any new plants in China.

Benzinga · May 11, 2022

Dropping zero-COVID policy in China without safeguards risks 1.5m lives - study

China risks just over 1.5 million COVID deaths if it drops its tough zero-COVID policy without any safeguards such as ramping up vaccination and access to treatments, according to new modelling by scientists in China and the United States.

Reuters · May 10, 2022

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China’s COVID crisis and the dilemma facing its leaders, by experts who have monitored it since the Wuhan outbreak

More than two years after a deadly strain of coronavirus was first identified in the central city of Wuhan, China remains locked in a COVID crisis. Around 400 million people are currently thought to be living under some form of lockdown across the country. One of China’s largest cities, Shanghai,…

The Conversation · May 10, 2022

China: Made In China Tesla Wholesale Shipments Collapsed In April 2022

The total Tesla volume (sales and export) - according to the CPCA's data - amounted to just 1,512 units, which is 94% less than a year ago.

InsideEVs · May 10, 2022

Luxury Brands Navigate Shanghai’s Lockdown to Keep VIPs Pampered

What Ms.

Asharq Al-Awsat · May 10, 2022

Shanghai Composite Index Rose 1.06% on Tuesday

Shenzhen Component Index closed up 1.37%

Caixin Global · May 10, 2022

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Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID

Tesla operated its Shanghai plant well below capacity on Tuesday, showing the problems factories face trying to ramp up output under a tightening COVID-19 lockdown, while China's capital kept up its fight with a small but stubborn outbreak.

Reuters · May 10, 2022

Shanghai disinfects homes, closes all subways in COVID fight

Teams in white protective suits are going into the homes of coronavirus-infected people to spray disinfectant as Shanghai tries to root out an omicron outbreak under China’s strict “zero-COVID” strategy

The Independent UK · May 10, 2022

China tightens Covid noose as cases persist in Shanghai, Beijing

BEIJING/SHANGHAI: China is tightening pandemic restrictions in Shanghai and expanding a mass testing sweep in Beijing as officials chase the elusive goal of wiping out Covid-19 cases in the community.

The Times of India · May 10, 2022

Tesla Said To Halt Shanghai Production Again — This Time Due To Supply Woes

Tesla Inc (NASDAQ: TSLA) halted production at the Giga Shanghai on Monday due to issues with supplies, Reuters

Benzinga · May 10, 2022

‘No end in sight’: Shanghai residents chafe at harsh Covid measures

Tensions rise again as lockdowns grind on and the city’s population tire of strict zero-Covid policy

The Guardian - UK · May 10, 2022

Lenovo, Xiaomi, Other Chinese Tech Giants Pull Back From Russia

Chinese tech companies, including PC giant Lenovo Group Ltd (OTC:LNVGY) and smartphone maker Xiaomi Corp (OTC:XIACY), quietly pulled back from Russia under pressure from U.S. sanctions and suppliers, the Wall Street Journal reports. Consumer drone giant SZ DJI Technology Co suspended its business in Russia and Ukraine pending a compliance review. The companies pulled back amid Beijing…

Benzinga · May 9, 2022

Texas Instruments Denies Firing Staff as Shanghai Microcontroller Unit Disbanded

Global semiconductor giant is reassigning staff to other units amid a dwindling market share, chip experts say

Caixin Global · May 9, 2022

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The Independent UK · May 9, 2022

Shanghai tightens lockdown despite falling COVID cases

Authorities in Shanghai have again tightened anti-virus restrictions, just as the city was emerging from a month of strict lockdown due to a COVID-19 outbreak

Caixin Global · May 9, 2022

Shanghai Composite Index Rose 0.09% on Monday

Shenzhen Component Index closed down 0.41%

Asharq Al-Awsat · May 9, 2022

Downtown Beijing Goes Quiet as Zero-Covid Policy Smothers Capital

Millions of people in Beijing stayed home on Monday as China's capital tries to fend off a Covid-19 outbreak with creeping restrictions on movement. Beijing residents fear they may soon find themselves in the grip of the same draconian measures that have trapped most of Shanghai's 25 million people at…

The Independent UK · May 9, 2022

China trade weakens after cities shut down to fight virus

China’s export growth tumbled in April after Shanghai and other major industrial cities were shut down to fight virus outbreaks

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Reuters · May 9, 2022

'Like a prison': Shanghai, Beijing ratchet up COVID restrictions

China's two largest cities tightened COVID-19 curbs on Monday, fuelling public angst and even questions about the legality of its uncompromising battle with the virus that has battered the world's second largest economy.

Tribune News Service · May 9, 2022

China premier warns of ‘grave’ jobs situation amid lockdowns

Chinese Premier Li Keqiang warned of a “complicated and grave” employment situation as Beijing and Shanghai tightened curbs on residents in a bid to contain COVID-19 outbreaks in the country’s most important cities.

The Times of India · May 9, 2022

Covid-19: Videos of people being dragged into isolation censored in China

BEIJING: Videos of people being dragged from their homes by health workers in hazmat suits coursed through Chinese social media late Sunday before being pulled down on some platforms, as Shanghai’s intensive lockdown enters its seventh week.

Reuters · May 8, 2022

Analysis-Shanghai COVID crisis puts political spotlight on key Xi ally

If Shanghai Communist Party chief Li Qiang has been politically bruised by the city's struggle to tame a COVID-19 outbreak that has infuriated residents and caused severe economic damage, there is little sign of it.

Reuters · May 8, 2022

Shanghai tightens lockdown to hit zero-COVID goal by late May - sources

Shanghai is tightening its already strict COVID-19 lockdown in a fresh push to eliminate infections outside quarantined areas of China's biggest city by late this month, people familiar with the matter said.

Reuters · May 8, 2022

Chaos at Apple supplier Quanta shows strains of Shanghai COVID lockdown

Quanta Shanghai Manufacturing City would seem like an ideal site to implement China's "closed-loop" management system to prevent the spread of COVID that requires staff to live and work on-site in a secure bubble.

Reuters · May 8, 2022

'Stop asking why': Shanghai tightens COVID lockdown, Beijing keeps testing

Shanghai authorities were tightening the city-wide COVID lockdown they imposed more than a month ago, prolonging into late May an ordeal that China's capital Beijing was desperate to avoid by turning mass testing into an almost daily routine.

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