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The Latest Breaking News from Shanghai

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

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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

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

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

Caixin Global

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

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

The Independent UK

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

Daily Mirror

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

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…

Benzinga

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

The Independent UK

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.

Los Angeles Times

Shanghai Composite Index Fell 0.49% on Monday

Shenzhen Component Index closed up 0.37%

Caixin Global

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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…

Asharq Al-Awsat

Shanghai Reports 1st COVID Deaths Since Start of Lockdown

Shanghai on Monday said three people had died from COVID-19, the first official announcement of deaths from an outbreak which has plunged the megacity into a weeks-long lockdown, sparking widespread anger and rare protests. Since March, a patchwork of restrictions has kept most of the city's 25 million residents confined…

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The Guardian - AU

Shanghai records first official Covid deaths since lockdown imposed

Three fatalities were one woman aged 89 and two 91-year-olds, highlighting concerns about low vaccination rates among elderly

Al Jazeera

China’s growth beats forecasts, but COVID, Ukraine risks grow

Stronger-than-expected figures cover only a small period of ongoing ultra-strict lockdown in Shanghai.

ABC News

Australians under lockdown in Shanghai fear family separation as city reports first COVID deaths

Australians living under Shanghai's strict COVID lockdown say taking infected children away from their parents is "inhumane".

The Independent UK

Shanghai quarantine: 24-hour lights, no hot showers

Thousands of people in Shanghai who test positive for the coronavirus but have few or no symptoms are being ordered into quarantine centers in exhibition halls and other buildings

The Guardian - UK

Shanghai’s lockdown protests reveal tensions over zero-Covid

China’s determination to enforce zero-Covid policies is pushing its vast, bustling financial hub to breaking point

Reuters

Shanghai targets lockdown turning point by Wednesday - sources

Shanghai has set a target to stop the spread of COVID-19 outside of quarantined areas by Wednesday, two people familiar with the matter said, which would allow the city to further ease its lockdown and start returning to normal life as public frustrations grow.

Bangkok Post

Lockdowns affecting 373 million Chinese

About 373 million people in 45 cities across China have come under some form of lockdown due to a surge in coronavirus cases, according to estimates by a Nomura International analysts in Hong Kong.

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