News Snapshot:
Shanghai has declared a gradual reopening of enterprises beginning Monday, though it is unclear when the millions of people trapped in China’s economic metropolis will be allowed to leave their homes. Faced with the greatest Covid-19 epidemic since the outbreak began, China — the last major economy remaining closed to the rest of the globe — imposed severe restrictions on the city of 25 million people in early April. The zealous pursuit of viral cases at any cost has disrupted supply lines, decimated small firms, and jeopardized the country’s economic goals. For many Shanghai residents, some of whom were already...
