Shanghai

Tightening Covid net, Beijing deals out punishments, stark warnings

Shanghai, which is aiming for a June 1 complete exit from a stringent city-wide lockdown, is gradually and cautiously unwinding COVID curbs

Neighbourhood Covid enforcers keep large parts of Shanghai in lockdown

Neighbourhood committees around the city are imposing strict curbs on movement, including limits on who can leave their apartment blocks and for how long amid concerns about a rebound in cases

China's bet on homegrown coronavirus vaccines holds back country

China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against Covid

Chinese economic recovery faces new hurdle in rising power costs

China's economic miracle rested partly on cheap and abundant coal power. But since last year local officials have been allowed to raise electricity tariffs for industrial users

Asia stocks stifled by inflation, rising interest rates and China concerns

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3% as the region's major markets traded in the red. Oil rose and gold extended its recent gains

As Covid becomes threat to the economy, how can Chinese leaders rescue it?

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

Oil prices rise as US driving season looms; Shanghai mulls Covid unlock

Brent crude futures rose 82 cents to $113.37 a barrel at 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed 69 cents

Shanghai makes way towards Covid lockdown exit, Beijing plays defence

Shanghai cautiously works to restore transport services; Shanghai reports mostly zero new community cases this week; Beijing on edge as new infections keep appearing

China reports 181 new local cases of Covid; one death in Shanghai

Despite Beijing's claim of a 'Zero Covid-19 Policy' in the country, the covid cases in China have been witnessing a surge on a regular basis

Shanghai inches towards Covid lockdown exit, Beijing plays defence

Shanghai's lockdown since the beginning of April has dealt a heavy economic blow to China's most populous city, stirred debate over the sustainability of the nation's zero-COVID policy

China cuts borrowing rate more than expected to revive housing sector

China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019

China to reopen subways in Shanghai as Covid-19 restrictions ease

The city will also restart 273 bus lines connecting major urban centers, airports, train stations and hospitals as it resumes cross-district public transit

Some in Shanghai allowed out to shop; end of Covid lockdown in sight

Officials are wary of the danger of new flare-ups of infection in their high-stakes effort to gradually re-open and are planning to keep most residents largely indoors this month

China's zero-Covid policy dashes global hopes for quick return to normal

Calculations based on International Monetary Fund projections show China's expected average annual contribution to global economic growth through to 2027 at about 29%

'Huge' pressure for Shanghai to stay Covid-free as lockdown end nears

Despite no new cases, authorities are not lifting the lockdown immediately, instead gradually easing restrictions until the start of next month

'Huge' pressure on Shanghai to stay Covid-free as end to lockdown looms

The commercial hub of 25 million achieved a fourth consecutive day without any new infections in the community, holding on to its prized "zero Covid" status

Shanghai says lockdown to ease as Coronavirus spread slows down

Most of Shanghai has stopped the spread of the coronavirus in the community and fewer than 1 million people remain under strict lockdown, authorities said Monday, as the city moves toward reopening

China says economy reviving as stringent anti-virus curbs ease in Shanghai

About half of the 9,000 biggest industrial enterprises in Shanghai are back at work after controls that shut down most of the city starting in late March eased

After six weeks of Covid-induced lockdown, normalcy to return in Shanghai

Data on Monday showed China's industrial output fell 2.9% in April from a year earlier, down sharply from a 5.0% increase in March

China logs 140 new local Covid-19 cases; 69 in Shanghai, 39 in Beijing

Shanghai also reported four new deaths due to the infection in last 24 hours