CNOOC Kicks Off Subscription for $5.1 Billion Shanghai IPO State oil giant selling more than 5% of its equity plans to use proceeds for global project development including fields in Guangdong and Guyana Caixin Global · Apr 12, 2022
Sealed doors and tensions boiling over: American expat reveals reality of Shanghai’s citywide lockdown The coastal city of 25 million people is at the heart of China’s recent Covid surge The Independent UK · Apr 12, 2022
Why more than 200,000 COVID-positive results in Shanghai aren't 'confirmed cases' Since the start of March, Shanghai has recorded more than 229,000 positive COVID-19 results. But authorities say fewer than 10,000 are actually "confirmed cases". ABC News · Apr 12, 2022
Chinese residents scream out windows as they run out of food during strict lockdown Videos shared on social media showed desperate people calling out into the night's sky in Shanghai amid a strict two-week Daily Mirror · Apr 12, 2022
Morning Brief: Top Stories Dominating Financial Media on Tuesday, April 12 CNBC Entrepreneur Behind Microsoft’s Wunderlist Raised $11M - Read Why Benzinga · Apr 12, 2022
US Asks All Non-Emergency Government Staff In Shanghai To Leave As COVID Surges: CNBC The U.S. State Department has ordered all non-emergency government staff and their family members in Shanghai to leave following a surge in COVID-19 cases, CNBC reported. "Reconsider travel to the People's Republic of China (PRC) due to arbitrary enforcement of local laws and COVID-19-related restrictions," the report quoted the State Department.… Benzinga · Apr 12, 2022
Bosch Halts Production At Two China Plants: Reuters German auto parts supplier Bosch has halted production in the Chinese cities of Shanghai and Changchun following COVID-19 curbs, Reuters reported. Bosch has closed shutters at a Thermotechnology factory in Shanghai and an automotive components site in Changchun in northeastern Jilin province. The report noted two other plants in Shanghai and Taicang city… Benzinga · Apr 12, 2022
US tells some consulate staff to leave Shanghai as Covid outbreak worsens State department cites risk of children and parents being separated as EU warns zero-Covid strategy eroding investor confidence The Guardian - AU · Apr 12, 2022
China's zero-Covid policy: Shanghai struggles with tough sanitary measures Some coronavirus restrictions are being eased in Shanghai, despite the Chinese city reporting recent record highs of new cases. Residents have grown increasingly frustrated as they've struggled to find enough food and medicine. We get analysis from Carl Minzner, senior fellow for China studies at the Council on Foreign Relations… France 24 · Apr 12, 2022
US orders consular staff to leave Shanghai amid Covid lockdown Order comes as Shanghai eases restrictions after two weeks of stringent lockdown The Independent UK · Apr 12, 2022
Shanghai patients crowdsource medical help during COVID lockdown Shanghai residents have turned online for grassroots help on medical treatment as the city's tough COVID-19 curbs limit access to healthcare and fuel frustration and anxiety. Reuters · Apr 12, 2022
Shanghai lockdown: A modern city starves The Chinese government's COVID crackdowns are severe. Axios · Apr 12, 2022
Covid news: Shanghai eases draconian lockdown as UK cases may be ‘levelling off’ Unknown number of people are allowed out in Shanghai following unrest over lockdown The Independent UK · Apr 12, 2022
Shanghai eases 2-week shutdown, letting some residents out Some residents of Shanghai have been allowed out of their homes as the city of 25 million eases a two-week-old shutdown The Independent UK · Apr 12, 2022
The Independent UK · Apr 12, 2022 Asian stocks mixed as investors await US profits, inflation Asian stock markets are mixed as investors wait for U.S. inflation data amid unease about higher interest rates, Chinese efforts to contain coronavirus outbreaks and Russia’s war on Ukraine
Caixin Global · Apr 12, 2022 Shanghai Composite Index Rose 1.46% on Tuesday Shenzhen Component Index closed up 2.05%
Asharq Al-Awsat · Apr 12, 2022 US Orders Non-essential Consulate Staff to Leave Shanghai The United States announced Tuesday it had ordered all non-essential employees at its Shanghai consulate to leave, while voicing concerns for the safety of Americans in China as the government enforces hard lockdowns to contain Covid-19. China has stuck to a policy of "zero Covid", aiming to eliminate infections through…
Reuters · Apr 12, 2022 Shanghai eases COVID curbs for some even as factory halts widen Some Shanghai residents were able to leave their homes for the first time in more than two weeks on Tuesday as the city took tentative steps towards easing a COVID-19 lockdown amid mounting worries over the economic impact of the strict curbs.
Al Jazeera · Apr 12, 2022 Shanghai tweaks lockdown rules amid COVID-19 surge City will be divided into three tiers depending on recent cases amid rising anger over shortages of food, necessities.
The Independent UK · Apr 12, 2022 US orders consular to leave Shanghai amid COVID outbreak The U.S. has ordered its consular staff to leave Shanghai, which is under a lockdown to contain a COVID-19 surge
Axios · Apr 12, 2022 U.S. orders all non-emergency government staff in Shanghai to leave as COVID surges "Reconsider travel to the People’s Republic of China (PRC) due to arbitrary enforcement of local laws and COVID-19-related restrictions," the statement read.
Reason · Apr 11, 2022 Shanghai's Lockdowns Result in Starvation and Quarantine Enforcers Being Attacked More than 25 million people remain locked down in Shanghai, with Guangzhou—a city of 18 million—looking primed to follow.
Benzinga · Apr 11, 2022 Here's How This Key Nio Supplier Looks To Tide Through China's Covid Crisis Critical NIO Inc (NYSE:NIO) supplier Contemporary Amperex Technology Co. Ltd has implemented a closed-loop for workers at its main China factory in China, Bloomberg reports. The closed-loop helped the leading EV battery maker avoid the kind of Covid-19 shutdowns which are hurting Tesla Inc (NASDAQ:TSLA) and Volkswagen AG (OTC:VWAGY). Also Read: Apple's Key Supplier Resumes Partial Operation At Shenzhen Campuses CATL looked…
The Guardian - UK · Apr 11, 2022 Shanghai to ease lockdown despite surge in Covid cases China’s most populous city to allow ‘appropriate activity’ in areas where there have been no cases for at least two weeks
Daily Mirror · Apr 11, 2022 Angry mob breaks down barrier for food in world's strictest lockdown in China Footage shows masses of people racing for food and medical supplies, as 26 million people face lockdown as China is once again gripped by a wave of Covidspreading through the population