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COVID-Hit Shanghai Announces Gradual Reopening of Businesses

covertbriar

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Shanghai announced a gradual reopening from Monday of businesses, although it remains unclear when the millions of people still locked down in China's economic capital will finally be allowed out of their homes.

Confronted with its worst COVID-19 outbreak since the beginning of the pandemic, China -- the last major economy still closed off to the world -- put the city of 25 million under heavy restrictions in early April.

The rigid strategy to root out cases at all costs has wreaked havoc on supply chains, crushed small businesses and imperiled the country's economic goals.

For many Shanghai residents, some of whom were already confined to their homes even before April, the frustrations have included problems with food supplies, access to non-COVID medical care and spartan quarantine centers, and many are venting their anger online.

Shanghai Vice Mayor Chen Tong on Sunday announced a reopening of businesses "in stages" from May 16.

More at https://shrtcô.de/bZ8JZ8
 

bigcockman

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They should lockdown forever so no China people can come out of the fake country. Then my holidays in other countries will be more pleasant, peaceful and less stressful.
 

syed putra

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The supply chain inflation started with covid lockdown. Why? Manufactured goods production got disrupted. Its massive.
It is so bad, new car prices in the US are sold way sbove manufacturers recommended price.thus inflation is not due to excessive spending by consumers. So increasing interest rates will only make things worse for the economy.
 
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