so what happened to in shanghai? according to the latest poll, 60 percent off taiwanese people now support living with colbert premier, susan tom such odeo this week, that taiwan will not lockdown cities as cruelly as china. he also stressed that the government is taking a gradual approach to resume normal lives out here on a street in taipei city as business as usual. but people are generally cautious. the biggest challenge is the lack of for a protest kids. the government launch a rationing system last week. account meet the mon, long q saw scene outside pharmacies. some people i spoke with you all for 45 minutes. was to left empty handed. after coming under strong criticism, the house minister promise to make test kits more available on the island. ah, the pandemic has caused so much pain, death and collective trauma over the past 2 years across the globe. and for some, it has also been an unusually creative period, perhaps given all that time, people had to stay under locked down. here's a closer look at how that

shanghai.ut those numbers, we will talk about the greater jp morgan strategy for china. last year jp morgan got the approval for its securities venture in china. and then, of course, all hell broke loose at the beginning of this year, in the first six months of that approval of the securities venture. the chinese economy has ground to a halt. the asia-pacific ceo of jp morgan will be speaking to us about the outlook for china and the greater region later this morning. and then wendy, the jp morgan chief asia and china equity strategist, we all know about the controversial call that was scrubbed from the research books at jp morgan, about chinese tech being uninvestable? well, yesterday we got a bit of a reversal from the equities analyst team at jp morgan, upgrading a number of titles, including alibaba, netease to overweight from underweight. we will get some justification and the overall outlook from chinese equities from wendy lou. lots on the table. haidi: i really want to know more about t

shanghai takes its biggest steps toward reopening. tmi data set to reflect the economic cost of lockdown. david: we are getting breaking data out of south korea. we're looking at the year on year figures. let's start with the 3.3%. a little bit above the hurdle. it is the sequential data that is more important to get a gauge of economic momentum. out put is down 3.3%. the strength you are seeing in the currency. that should be the biggest monthly contraction in the metric in south korea going back to 2020. -3.3% month on month. haidi: we are watching the european council special meeting taking place in us -- in brussels. we are hearing they are working on a ukraine package mechanism. also to address terming 10% of imports not already addressed way this proposal. the d lifting of sir bank is good news. russian oil imports cut by 90%. this comes as we saw the decision being made eu leaders with the made banking sanctions on russian crude. we will continue to likely see the upside pressure when it comes to crude prices given we have seen

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many impact of the lockdown in shanghai is the latest for tesla.ssociation says tesla produced over 10,000 cars here for the month. this is a far, far lower number than the figure that was seen for march in terms of sales and production tesla data comes as tesla says in a statement it has no notice of production halt at the shanghai facility. this is amid reports that capacity had been constrained because of the parts shortage. tesla situation is the latest example of the impact of the lockdowns on the supply chain and real constraint of capacity. no end in sight for the zero covid approach in fact, beijing, which wrapped up the pressor moments ago, 836 for the latest outbreak. it is imposing tighter restrictions and increasing the mass covid testing rounds and adding anal swabs for more of the heavily quarantined areas. shanghai reported 3,000 cases today. this is mostly asymptomatic and fewer deaths at six. even so, shanghai is in the quiet period end ing deliveries authorities are now sweeping entire communities and buildings of people to govern

shanghai is the? gen of china's $18 trillion economy. and the city's strict covid lock down could come at a heavy cost. cnn's christie lustout explains. >> reporter: both china's biggest and affluent city and the streets have been empty for weeks. shanghai is battling its worst ever covid-19 outbreak determined to crush it with its zero covid policy. it comes at a steep cost to its economy and has implications for the world. >> we're forecasting that the lock doin in shanghai will rock china's economy. shanghai is an economic powerhouse for china. it holds one of two stock exchanges. shanghai's port accounts for something like 3% of global car fare through put at any given time. >> reporter: shanghai is home to the world's busiest container port. it remains operational but according to logistics platform project 44 an april 18th some trucks had been diverted away. waiting for 12 days before they're picked up and delivered compared to just four days in late march. shanghai is also a major abeiation hub, but the outbreak has forced the sus

shanghai is the latest. they have the tax rebates.wing manufacturers to resume all of their operations. it does follow shenzhen. they announced measures on thursday. any upside for the thirst -- for the csi 300 could be limited by the low margin regrowth we are seeing. the outlook for china's economy is not looking rosy. bloomberg economic are one of the most bearish on the outlook saying to percent growth this year. it is quite a bit lower than the consensus forecast for four point 5% growth. pmi data, that will be one of the most economic indicators. it is not looking like it will be that flash hot. expecting a further contraction in services and manufacturing sector. still a lot of headwinds facing this economy from china's continued support of covid zero policies. shery: let's get to paul allen. he is in sydney with the full headlines. >> shanghai is facing bring you back in economy with battered lockdowns. allowing manufacturers to resume operations from june. the immiscible government is easing testing requirements for entering

robin brant, bbc news, in shanghai.ort. china has not yet condemned the russian invasion but says it wants a peaceful solution in europe — where it has been investing billions of dollars in huge projects. in the second of his special reports, our europe correspondent nick beake has been looking at who s really benefitting from china s expansion. greece is emerging from the shadows of the financial crisis more than a decade ago. it's economy among the fastest growing in the eu. the boom at the port of piraeus near athens is helping. two thirds is now owned by a chinese state company. cosco has been building up its stake after international lenders forced greece to sell this and other public assets. when you get this close, you can see just how huge these container ships are. and day in, day out, they're bringing tonnes of goods which will then be dispatched to all corners of europe. and this is a crucial gateway to the continent for china. but the expansion of this port is controversial. this lawyer has lived in piraeus

robin brant, bbc news, in shanghai.filmed and recorded while serving in the war against russia. antytila are one of the biggest musical acts in ukraine, but stopped working to join the military. proceeds from the song, which has so far been viewed around 1.5 million times on youtube, will go to help the people of ukraine. mark lobel reports. # cos we're living life at a different pace # stuck in a constant race # keep the pressure on, you're bound to break # something's got to change # we should just be cancelling all our plans # and not give a damn # if we're missing out # on what the people think is right...# the heartbreaking collaboration as the war grinds on. a message of hope amid the despair. # and then we'll go all night # two—stepping with the woman i love...# ed sheeran adding his voice to ukraine's resistance with ukrainian band antytila, musicians turned front—line medics, picking up the tune. singing in ukrainian shot on location in besieged kharkiv to raise money for the people of ukraine. writing while fi

you can see the shanghai comp up by about .75%.res i really built on the gains we saw on monday and it is really down to some of these measures on reopening of shanghai, which is responsible. essentially consumer staples, the sub data drive in the broader index to the upside. you can see the whole breadth up here. consumer staples up as much as 2%, set for the highest since may 5. so that's a look at what is going on in light of shanghai dismantling some of the last remaining movement resurgence. you would not think so when you look at that television. low risk areas will allow people to leave their compound. transportation services are also resuming as of wednesday. good news for those chinese. >> let's have a look at broader market action as we have japan coming out of its lunch break pretty flat. the hang seng is seeing some gains, flat on the cosby. if we hold onto even small banks we will see a small win for the regional benchmark index for the month of may. also watching the rupee. it is weakening against the u.s. dollar as w

and shanghai sets a date to lift all corona virus restrictions. is this the vacation of china is 0 copay, policy stories, a mo, coming out with every day for us and for our planet, with global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect animals and their habitats? what to do with all our waste? we can make a difference by choosing reforestation over deforestation recycling over disposable smart new solutions over steam set in our ways. earth is truly unique and we know that that uniqueness is what allows us to live and survive. google ideas, the environmental series in global 3000 on d, w, and online video of the news asia coming up today. north korea's expanded coverage emergency more than a 1000000 people could be able to do to covered 19th, or the countries doesn't have vaccines and have cared is week. how much was the situation kids with mean, right in china, shanghai sets up target date for lifting all covered restrictions. many of its 25000000 people have been your a strict locked up

however, it is not as bad as it used to be in shanghai. so there still some hope that you know, the worst case scenario will not happen, but the situation is definitely tense. we leave with her for the time being with thank you so much for that update fabi on crutch for joining me from bridging on the covert situation. image china got it. thank you so much, robin and that's it for today. there's more on the corona about a situation across asia, on our website, the dot dot com, forward slash asia, and as ever you can follow us on facebook and twitter as well. we're back tomorrow . at the same time, we'll see you then. i just got it all say what grade level is the end of the pandemic in site we show what it could look like will return to normal and we visit those who are finding it difficult with successes in weekly coping. $900.00 special every thursday on d, w ah, china reports and other slate of lousy economic figures as it's locked downs continue to take a bite. unemployment is up, retail sales are down. aging struggles are adding to gro

it is shanghai's most burnable who have suffered the most.all the official dead are elderly and unvaccinated. chinese leaders insist that chasing zero covid is the right thing. the enforcement has been rsh at times. some people barricaded into their homes. or dragged out of them. neighborhoods fenced off. ey have made it clear there is no change. the man in charge of the ruling communist party believes persistence is victory. this is now a test of china's way, of his credibility. one part of china has changed tax. >> in hong kong we never did a total lockdown. schools were closed. a lot of people were working from home area but it was by no means a lot down here my concern in shanghai would be how long can this go on? the case numbers are never going to come down to zero. they will drop down slowly. the whole thing could happen again in a couple of months if there is another outbreak of omicron. reporter: debate about living with it on the mainland has been shut down in public. there is little room for dissent. this man was detained by police

the news out of shanghai is promising. more of a month than being locked up, even in beijing, we are in lockdown lite right now. good news out shanghai, and a lot of uncertainty for the rest of the year. >> what american companies in china have been impacted in terms of profit? there revenue? give us a sense of the pain they had to go through. >> at the end of last year we did a survey, companies have said in 2021 revenues have recovered to between 19 levels. there was -- 2019 levels. there is a lot of hope that revenues would continue to grow, then it got hit with this covid lockdown, other parts of northeast china have also been impacted. in march and in april we did two more surveys in each one was more pessimistic. companies are saying revenues this year will be lower, it is not clear yet how much. one quarter in with a low bit more, companies saying they will be impacted this year in terms of revenue and profits. >> one aspect of course is covid and the associated lockdowns. there is more to it than that. sentiment wa

however, it is not as bad as it used to be in shanghai. so there still some hope that you know, the worst case scenario will not happen, but the situation is definitely tense. we leave with her for the time being were thank you so much for that update fabiani crutch for joining me from being on the covert situation image china currently. thank you so much, robin and that's it for today, there's more on the corona about a situation across asia, on our website, the w dot com, forward slash asia, and as ever you can follow us on facebook and twitter as well. go back to model. at the same time, we'll see you then for by people in trucks injured when trying to flee the city center. more and more refugees are being turned away. families on the reason for the credit on it is with extreme ross getting 200 people had signed up in june around the world. more than 300000000 people are seeking refuge in the line because no one should have to flee. make up your own mind. d. w. made for mines. ah, ah, china reports and other slate of lousy economic figu

robin brant, bbc news, in shanghai.la team up with ed sheeran, releasing a new song as they serve in the war against russia. i, nelson rolihlahla mandela, do hereby swear to be faithful to the republic of south africa. after six years of construction and numerous delays, the channel tunnel has been formally opened by the queen and president mitterrand. but the tunnel is still not yet ready for passengers and freight services to begin. for centuries, christianity and i islam struggled for supremacy. now, the pope's visit - symbolises their willingness to coexist. roger bannister became the first man in the world to run a mile in underfour minutes. memories of victory as the ve celebrations reach their climax. this night is dedicated to everyone who believes in the future of peace and freedom. this is bbc news. the latest headlines: the us senate majority leader says he'll hold a symbolic vote to put the right to an abortion into federal law. earlier president biden said "basic fairness" demanded that the right to abortio

however, it is not as bad as it used to be in shanghai. so there still some hope that you know, the worst case scenario will not happen, but the situation is definitely tense. we leave with her for the time being more. thank you so much for that update fabiani crutch for joining me from being on the covert situation image china currently. thank you so much robin and that's it for today, there's more on the coronado situation across asia. on our website, the data dot com forward slash asia as ever you can follow us on facebook and twitter as well. go back to model of the same time. we'll see you then, for by what secrets lie behind these wall? discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage 360. get the app now. are you ready to get a little more extreme? ah, these places in europe are smashing all the records, stepped into a bold adventure. just don't lose your grip. it's the treasure map for modern globetrotters, discover some of europe's wykard breaking sites on youtube and now als

now, shanghai is the engine of china's $18 trillion economy.nd the city's strict covid lockdown could come at a heavy cost. kristie lu stout explains for us. >> reporter: it is china's biggest and most affluent city, and the streets have been empty for weeks. shanghai is battling its worst ever covid-19 outbreak determined to crush it with its zero covid policy. it comes at a steep cost to its economy and has implications for the world. >> we're forecasting that the lockdown in shanghai will rock china's economy, you know, shanghai is an economic powerhouse, it holds one of the two stock exchanges, shanghai's port counts for something like 3% of global through-put at any given time. >> reporter: shanghai is home to the world's biggest container port, and it remains operational, but according to logistics platform project 44, on april 18, some ships had been diverted away due to truck shortages. but the containers are piling up at the port waiting on average for 12 days before they are picked up and delivered compared to just over four days in l

>> it raises pretty serious questions about the pace of reopening shanghai.ook, earlier today, shanghai announced three new cases of covid-19 detected outside quarantine areas. it was just three days ago when the shanghai government achieved that major milestone, saying that it achieved zero covid at a community level. earlier today the shanghai government also said that it posted zero new deaths caused by covid-19 for the first time since mid-april. and yet very, very strict restrictions remain in place in shanghai, especially for businesses. i want to show you this statement from the vice mayor of shanghai who concedes the following. he says this. "although more and more enterprises are resuming work and production, the overall percentage is still low. it's important for companies to meet the covid prevention protocols, unquote. the government has allowed some 5,600 businesses to resume operations in shanghai as they undergo this very, very gradual reopening. the businesses include delivery services, financial institution, even carmakers. but according to c

i will comply with a law a hospital used to treat 50000 coke 19 patients in shanghai as closed. shanghai biggest city was the center of a cobra 19 outbreak and put under strict lockdown for nearly 2 months. now cases have dropped significantly and restrictions are easing. signs of life have begun to reemerge on the world's longest subway system. but commuters in shanghai still need a compelling reason to travel. hundreds of bus routes connecting key hubs, such as train stations and airports have resumed, befits he's also dispensing mall, shed bites to eve, crowding on transportation. when it further opens up residence in some areas have been allowed out to shop for the 1st time in 2 months. officials say they plan to return to a more normal life from the start of june. after months of restrictions on to china, 0 coby strategy. authorities say 157 locally transmitted cases were confirmed on sunday, just 36 in shanghai, a city of more than 25000000 people hurry. officials are keen to sell china strict approach as a success. but the zealous pandemic strategy has brewed the economy and left

these are residents of one of the shanghai high-rise buildings on a rope ladder trying to get to thetore for groceries, when the lockdown is already the sixth week, and the doors in the entrances are welded by the smoke committee. one and a half hundred cases of a micron per day for 25 million, shanghai in china is not a reason to relax quarantine, and even those areas that had already begun to open slightly again announced a regime of silence. this is when to go outside seems to be possible, but not possible. do not put delivery and comply with the maximum strict. here is quarantine, kirill, who lives in shanghai, like all residents of the megapolis, has already learned to stretch provisions. and he goes to work online quite well, given that those shanghai enterprises that have resumed the production of employees at home have not been let out at all for more than a month. now i'll show you what i have in the tent, a blanket, a mattress, pajamas. this is one of the logistics food warehouses in the volunteer tent right between the shelves with goods on the same principle, the staff of

shanghai seems to be starting to open up again. you have these number of stimulus measures announced, they will roll out a series of them allowing all manufacturing in and around the city to restart wednesday, june 1. the quota for car ownership this year will rise by some 40,000, while he purchased tax on cars will be reduced, and subsidies will be given for electric vehicles. and covid test requirements to be loosened for people to go into public places, also starting june 1 on wednesday. beijing might have dodged a bullet as far as not going into lockdown. 12 cases does not seem like a justification, necessarily, to going to lockdown, but officials are cautioning it could flare up again. yvonne: how quickly do you think factories can resume manufacturing as they would like to hope? we saw that before, this whole closed-loop situation -- system. stephen: it is a question i have put two people and they say there are supply chain issues, it is not just flicking the switch on again. these lockdowns have had a trickle down, downstrea

if we could look at shanghai, _ shanghai are in beijing?gh at the moment. in shanghai, it already went down, and it _ high at the moment. in shanghai, it already went down, and it will - already went down, and it will continue to go down if you do not do anything wrong. but if you do something wrong, so that people gatherfor something wrong, so that people gather for testing, for example, it might promote the spreading of the virus. if they did everything right, it would just go down and down, and it would just go down and down, and it would just go down and down, and it would be under control in the coming weeks. it would be under control in the coming weeks-— it would be under control in the coming weeks. it would be under control in the cominu weeks. ., , . ~' ,, coming weeks. professor, thank you ve much coming weeks. professor, thank you very much indeed. _ let's get more now on the renewed row in the united states over abortion laws. in oklahoma, it's now illegal to terminate a pregancy from the point when cardiac activity can be dete

these are residents of one of the shanghai high-rise buildings on a rope ladder trying to get to theockdown has been in its sixth week, and the doors in the porches for reliability are littered with the house committee. 1,500 micron cases per day per 25 million shanghais in china is no reason to relax quarantine, and even those areas that had already begun to reopen announced the so -called silence regime. this is when you go out into the street, it seems to be possible, but impossible. so observe the maximum strict. here is quarantine, kirill, who lives in shanghai, like all residents of the megapolis, has already learned how to carefully distribute food. it is not known when it will be possible to order the next batch, and he goes to work online quite well, given that those shanghai enterprises that have resumed the production of employees at home have not been released at all for more than a month. now i'll show you what i have in the tent, a blanket, a mattress, pajamas. this is one of the logistics food warehouses. in the current conditions of the enterprise, strategic volunteer

dani: shanghai hits a key milestone. york city faces a jump in cases that could lead to new mass mandates. elon musk floats a lower offer price for the social network. plus, an apocalyptic warning. andrew bailey says a surge in food costs could hold dire consequences for the world. the doomsayers are out in full force. manus: those darn doomsters. elon musk says we are in the grip of a recession that could last 12 months. there is a real risk. how is it affecting risk this morning? shanghai could be a non-covid community transition. maybe there is normalization risk in china. record high prices. bitcoin doesn't get any of the flow which -- a stable coin that de-pegs. dollar bulls over. recession would cast doubt on the strength of the dollar. they reckon it is 18% overvalued. it is screamingly rich. dani: the other interesting note is the team at the equities side of things are saying that they are flat. it is a mix of inflation and growth. it seems like they are subsiding somewhat. we are looking at a positive day for t

and shanghai doubling down on their covid zero policy. from credit suisse. let's take a look at the start of trading in shanghai and shenzhen. stay with us. china open is next. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ david:

these are residents of one of the shanghai high-rise buildings on a rope ladder trying to get to the already the sixth week, and the doors in the entrances are littered with the house committee for reliability. one and a half hundred cases and microns per day for 25 million shanghai in china is no reason to relax quarantine again . stop buying to block delivery and observe the maximum strict. here is the quarantine living in in shanghai, kirill, like all residents of the metropolis, has already learned how to carefully distribute products. it is not known when it will be possible to order the next batch, but he goes to work online quite well, given that those shanghai enterprises that have resumed the production of employees at home have not been releasing at all for more than a month. now i'll show you what i have in the tent, a blanket, a mattress, pajamas. this is one of the logistics food warehouses. in the current conditions of the enterprise, the strategy of volunteer tents right between the rows of goods. so the local authorities. trying minimize the risk of micron spread in b

toyota lowering its may production plant, they are being impacted by lockdowns in shanghai.ason, sony is struggling to make enough play stations prompting you to warn of a grim outlook. things are not looking up for nintendo, either. investors can expect a 10 for one stock split in october. better news for amore pacific which says it has resumed operations in shanghai after getting approval from the chinese government, that follows a month-long suspension due to the lockdown. we have those restrictions lifted in south korea that has helped the company in recent weeks. coming up, we will speak to an asset manager as inflation central bike tightening continues. plus, we are joined by city private bank to discuss the impact of the lockdowns in china ahead of the release of latest cpi and ppi numbers. the market opens our next. this is bloomberg. ♪ shery: welcome to daybreak asia. haidi: asia's major markets are now open for trade. a peck markets could see a calmer start after a rebound for u.s. equities, investors are weighing the latest inflation numbers. the world health orga

shanghai foreign factories continue to operate.e the lockdown, the workers live right at the factory, they are forbidden to leave the territory. true, there are those who manage to escape about how china is coping with another outbreak of coronavirus, our correspondent alexander valevsky. this is not an attempt to escape from a burning apartment, and even a film adaptation of a joke about her husband who suddenly returned from a business trip. these are residents of one of the shanghai high-rise buildings on a rope ladder trying to get to the grocery store, when the lockdown is already the sixth week, and the doors in the entrances for reliability is welded by the house committee, one and a half hundred cases and a micron per day for 25 million. shanghai in china is no reason to relax quarantine. and even those areas that had already begun to reopen announced the so-called silence regime. this is when you go out into the street, it seems to be possible, but impossible. uh, people are being asked again. uh completely restrict exits

these are the inhabitants one of the shanghai high-rise buildings on a rope ladder they are trying toore for groceries, when the lockdown is already the sixth week, and the doors in the entrances for reliability are littered with the house committee. one and a half hundred cases of a micron per day per 25 million shanghais in china is no reason to relax quarantine. and even those areas that had already begun to reopen announced the so-called silence regime. this is when you go out into the street, it seems to be possible, but impossible. uh, people are again being asked to completely restrict their exits from their homes to stop uh, purchases cut off shipping and comply with the maximum strict. here is quarantine, kirill, who lives in shanghai, like all residents of the megapolis, has already learned how to carefully distribute food. it is not known when it will be possible to order the next batch, but he goes to work online quite well, given that those shanghai enterprises that have resumed the production of employees at home have not been releasing at all for more than a month. now

the virus czar shifting her attention from beijing to shanghai.s is bloomberg. ♪ >> the covid outbreak in shanghai, which is slowly relaxing curbs. let's bring in emma o'brien. what is the state of play in terms of expectations? beijing is very fearful that they will see a repeat of what happened in shanghai. >> we have seen cases ease up a little, around 49 for monday. you had seen restrictions in beijing for around a month without moving into full lockdown. most districts are under work from home orders and other curbs are in place. the signal we are seeing is the vice premier in beijing is in shanghai focusing on the outbreak there. the signal shows the attention is shifting to the capital and what seems to be a bit of an immovable outbreak there. shery: we've heard about outrage in chinese social media when it comes to home restrictions. what is the reaction so far? emma: i think in beijing they are very concerned and wary about a citywide lockdown being imposed. that would be a step up from the work we home -- work from home restrictions. you

the shanghai composite. down. csi 300 lower. a lot coming up.s is bloomberg. ♪ ♪ >> with the pandemic, inflation in russia it has become harder to navigate through persistent uncertainty in what is a tough environment. while difficult to predict how long the lockdown will be, we are hopeful the situation will normalize in three months time . >> we are predicting after the pandemic peaks out and the global slowdown causes higher rates. i would say it is realistic. having said that, more and more, we have moving forward and performance. >> there are many restrictions, but overall, recovery from the pandemic is going to be a positive factor. the time is changing from inflationary -- deflationary to inflationary. we may be seeing a shift. rishaad: that means markets went out to lunch a few seconds ago. it is 11:38 there in tokyo and really, we are seeing equities in the morning session with some gains. it is remarkable what is going on in terms of the economy shrinking less than anticipated, but the previous has -- priebus quarter has improved less

it's not just shanghai that is under lockdown.here are dozens of cities around china that are in either full lockdown or partial lockdown. beijing has managed to escape that being the capital. it recorded 54 cases on sunday and yet restrictions seem to be tightening there. people are speaking of soft lockdowns in certain districts where public transport has been stopped there and encouraging people to work from home. we have to remember that beijing has really been through so many rounds of mass testing and authorities have only just announced another three rounds of mass testing this week for about 20 million people. those people have already gone through 15 tests in just the last few weeks, so really this is just taking an enormous toll. i should mention that the asian football federation cup which is due to be hosted by china in june and july of next year has been canceled by the chinese government, and they have given up rights to host it, and that's how long they think the pandemic is going to affect china, rosemary. >> that'

shanghai has been in lockdown for a month. oh. it's not the 1st time traditional chinese medicine or t. c. m. has been used in china's battle against covert 19, but it's distribution among people and shanghai has been unprecedented. millions of batches of the homeopathic capsule, young watching, one were handed out to people under locked down this month. so its song says she and her 4 fled maids received 6 boxes. i actually, we don't take it because, ah, from the social media i got i, i follow it's meant for like hearing ear symptoms. it's not preventing you from that co asap either. the on watching once ingredients include honeysuckle, licorice, rude, and other herbs, t c. m practitioner say it can help suppress fever and sore throat, but health experts. one, it's not an alternative to vaccines. the leading chinese neurologists recently had out at the promotion of young watching when he questioned why had received delivery priority in shanghai. when many people under locked on were struggling with access to food. we think that th

it is not just shanghai, as you can see on the map.china and that have been under these covid zero restrictions. it is starting to lessen because yesterday was the first time since march that we had fewer than 100 cases nationwide reported. shanghai as of today will resume public transportation, all manufacturing around the city will be allowed to resume manufacturing, beijing will allow some shopping centers to open. but again, as we saw with the testing plans, it is a return to normal, but it is a new normal because chinese authorities do not want to see the virus in large urban areas like in shanghai, so they are institutionalizing testing. they want these kiosks, possibly manned by robots, 2 -- scare i say -- probe one's nasal cavities, swab them i should say. no one is going to necessarily like that, but it is part of the institutionalizaton a public testing for some people to get into shops and schools. they will have to have a test at least every 48 hours that has to be done by mass testing. haidi: what a time to be alive. we sa

it will frame from slashing interest rates china is tightening pandemic restrictions in shanghai and expanding mass testing in beijing as officials push to eradicate the virus. residence in shanghai received written noticing announcing a quiet period during which most deliveries would be halted and residents barred from stepping outside. >> tesla has halted production at the shanghai factory. the company resumed production three weeks ago because of the covid curbs. it is not clear when the issues will be sorted out or if tesla til will get up and running. tesla had been aiming to return to full production this month. it comes as authorities in shanghai have tightened the lockdown which was imposed the end of march despite saying the number of new covid cases in the city had been on a downward trend. shanghai reported 3,000 cases today and 6 deaths the latest restrictions could go on until the end of the month adding to worries of the economic and human toll. beijing stepped up controlcontrs residents have been urged to work from home while some restaurants have been closed and publi

>> for the second quarter, almost entire shanghai's under lockdown. those who understand advertisement industry, half of china's brand advertising is based in shanghai. we will see bigger negative impact in the second quarter. in my opinion, q2 is the bottom. at the end of q2, which is the current stage, we will see gradually recovering. the third and fourth quarter will see growth. >> you expect the impact from the regulatory environment to moderate, to become less noticeable going forward? >> last year, there was regulatory scrutiny. we are not afraid of regulation, but the transition period is painful. let's say regulation was this wave last year and then it changed. it is that transition that is painful. >> back in 2020, there were reports that alibaba and tencent were interested in buying stakes in iqiyi. is that still something that is possible? >> this is a rumor. we have never had any conversations with tencent and alibaba about investing in iqiyi investment banks. some people ora media did ask my opinion. my response is it is not possible. >>

and of districts of shanghai yardi male too. i'm gonna be back for graham in that my now one guy asked to come that he out frankly will size. these are instead administering herbal remedies that are useless against coven 19, and also harmful to health. still china sticking to its strict 0 coven policy. shanghai has been in lockdown for a month. oh. it's not the 1st time traditional chinese medicine or t. c. m. has been used in china's battle against coven 19. but it's distribution among people in shanghai has been unprecedented. millions of batches of the homeopathic capsule, young watching, one were handed out to people under locked down this month. so. so its song says she and her 4 fled maids received 6 boxes. i actually, we don't take it because, ah, from the social media. i got, i followed it's not for late here in error, intense. it's not preventing you from that. kobe is either yamaha. ching, once ingredients include honeysuckle, licorice, rude, and other herbs, t c. m practitioner. say it can help suppress fever and sore