Stay updated with breaking news from Wang Hui. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the normally bustling center of finance, manufacturing and trade.
The city of 26 million will be the largest yet shut down because of a COVID outbreak, as China prepares for a massive two-part lockdown.
The lockdown is being conducted in two phases to limit the disruption, but many shops were shuttered even in the half of the city that remained open
An unusual quiet cast over the bustling center of finance, manufacturing and trade.
Firms in financial district rush to call in 20,000 employees – and plenty of instant noodles – before Covid restrictions came into effect