Despite the decline in daily new Covid-19 cases over the past week, Shanghai has seen stricter anti-epidemic controls implemented to the point of absurdity. Zaobao correspondent Yang Danxu highlights the stranger-than-fiction happenings in Shanghai that have sparked public outrage and shaken people’s confidence in China’s zero-Covid policy.
Waves of Covid-19 outbreaks have dealt a big blow to China's economy, with strict anti-epidemic measures affecting businesses, exports and trade. Lockdown uncertainties have also sparked fears of increased competition with foreign manufacturers and a global supply chain restructuring away from China. Caixin surveys the challenges ahead.
With China seeing virus outbreaks in various areas, local governments have been ramping up anti-epidemic measures. The farming sector has been hit hard, especially considering the spring planting season that needs all hands on deck. But despite recent notices from the authorities calling for smooth movement of agricultural supplies and labour, the implementation on the ground may not be easy.
Zaobao correspondent Chen Jing speaks with Singaporeans who are based in Shanghai to find out how the resurgence of Covid-19 cases has impacted them. While some have gone through great pains to escape the locked down city, others have stayed behind, sharing the hardship — and joys — with the local community.
As Shanghai battles with its worst Covid-19 outbreak, stringent anti-epidemic measures confining almost everyone at home have ground the city to a halt. It is believed that if Shanghai is not able to resume production by May, industries with supply chains in the area will not be able to function, and the automotive industry will be hit the hardest.
With the ongoing Russia-Ukraine war, logistics providers have been hard put to keep goods moving between China and Europe. One route is the China Railway Express (CRE) that cuts through Russia and Ukraine, which gives sellers and suppliers cause for concern, leading to a sharp drop in the volume of goods being transported via that route. Zaobao correspondent Edwin Ong takes a look at the impact of the war and how the CRE can get through the challenging period that is coming.
Zaobao’s China Desk analyses the impact of the recent China Eastern Airlines crash, touted as China’s worst aviation disaster since 2010. This comes at a time when China has been improving its flight safety record and its airlines are struggling to recover from the losses suffered from the Covid-19 slowdown. Will the aviation industry regroup and come back stronger from this?
While several alternatives to China's Belt and Road Initiative have sprung up, such as the G7’s Build Back Better World and the EU’s Global Gateway, developing countries are not exactly facing a buffet spread of options, as each avenue comes with strings attached. Only time will tell if China will turn out to be a more benevolent lender and if the new Cold War will bring better spoils for developing countries.
Huawei has long denied that it will enter the auto manufacturing industry. Instead, the company has emphasised its partnership with automakers to build autonomous driving technology. However, since the launch of a luxury electric SUV, the M5, the market has begun speculating whether Huawei’s stance on the auto business has changed.