China’s biggest city Shanghai began a two-stage lockdown Monday as authorities try various strategies to maintain growth while attempting to control the country’s worst Covid-19 outbreak since the pandemic began.
Shanghai, a city of 26 million people on the southeastern coast of China, is a hub for finance and international business in the country. The city is likewise home to the world’s largest container-shipping port.
The Shanghai Stock Exchange remains in operation. The exchange announced Sunday night that stock issuance applications and other paperwork can be done online, with deadline relaxations as needed.
The city-wide lockdown measures contain orders to work from home as well as the suspension of public transit and ride hailing, Shanghai city announced Sunday night. Previously, only specific neighborhoods had faced temporary lockdowns to control pockets of outbreaks.
What's happening in Tunisia?
Subscribe to our Youtube channel for updates.
