BRIEF 1-As COVID lockdowns chill economy, Shanghai eyes return to normal on June 1


Source: bollyinside.com bollyinside.com

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Shanghai announced preparations on Monday for a return to more normal living on June 1st, marking the end of a harsh COVID-19 shutdown that lasted more than six weeks and contributed to a severe slowdown in China’s economic activity. In the clearest timeline yet, Deputy Mayor Zong Ming said Shanghai’s reopening would take place in stages, with movement restrictions primarily in place until May 21 to prevent a resurgence of illnesses, before reducing gradually. “We will fully implement epidemic prevention and control, normalize management, and fully restore normal production and living in the city from June 1 to mid- and...