Shanghai heading out of lockdown but China still lost in economic gloom

Shanghai set to lift COVID-19 lockdown on June 1 Government officials express concern about broader economy Analysts expect more aggressive economic support soon BEIJING, May 26 (Reuters) – Pandemic-hit Shanghai, China’s financial hub, unveiled more post-lockdown plans on Thursday as it moves towards a return to normalcy, but a country-wide economic recovery is still a … Read more

Shanghai aims to reopen more businesses shut down by COVID, Beijing battles on

Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI / BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks … Read more