Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.
Category: Shanghai (China)
-
As Cases Spread, China’s Low Covid Death Toll Convinces No One
China’s murky statistics are fueling widespread public distrust. Its narrow definition of Covid deaths “will very much underestimate the true death toll,” the W.H.O. says.
-
China’s Abrupt Covid Pivot Leaves Many Without Medicines
Millions are desperate to get their hands on fever-reducing drugs and antivirals such as Pfizer’s Paxlovid as infections across China outpace supplies.
-
In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto
Sam Bankman-Fried and Changpeng Zhao were archrivals. With FTX gone, Binance, the world’s biggest crypto exchange, is trying to step into the void.
-
How Will China Turn Its Economy Back On? The World Is About to Find Out.
Strict “zero Covid” curbs have been smothering growth. After easing them, Beijing faces the twin challenges of rising caseloads and wary consumers.
-
China Eases ‘Zero Covid’ Restrictions in Victory for Protesters
Beijing’s costly policy of lockdowns has pummeled the world’s second-largest economy and set off mass public protests that were a rare challenge to China’s leader, Xi Jinping.
-
How China’s Police Used Phones and Faces to Track Protesters
After a weekend of protests, the authorities in China are using the country’s all-seeing surveillance apparatus to find those bold enough to defy them.
-
Protests Stretch China’s Censorship to Its Limits
Days later, videos of chants and confrontations are still visible on the Chinese internet. It’s a sign of how a groundswell outmatched the world’s best internet control system.
-
China Protests Over ‘Zero Covid’ Follow Months of Economic Pain
President Xi Jinping’s unbending approach to the pandemic has hurt businesses and strangled growth, squeezing the world’s second-largest economy.
-
Proud, Scared and Conflicted. What the China Protesters Told Me.
In more than a dozen interviews, young people explained how the events of the past few days became what one called a “tipping point.”
-
China Is Finally Trying to Fix Its Housing Crisis
After a year on the sidelines, Beijing this week took steps to get hundreds of billions of dollars into the hands of the country’s flailing real estate developers.
-
Outbreaks Test China’s Efforts to Limit the Cost of ‘Zero Covid’
China wants to fine-tune its stringent pandemic restrictions to reduce the disruption to daily life caused by lockdowns. But officials are still taking few chances.