News Snapshot:
BYD meeting plant in Shenzhen. SHENZHEN – The Chinese city of Shenzhen has asked a hundred major companies, including electric vehicle giant BYD and iPhone maker Foxconn, to establish “closed loop” systems in the fight against COVID-19, according to a document attributed to the local. government circulating online on Monday. Although Reuters may not be able to independently verify the document, a statement at a Shenzhen office of oil giant CNOOC notified by Reuters said construction would be closed for seven days until July 31, with staff working from home and continuing COVID testing. A CNOOC spokesman had no comment....
