News Snapshot:
No cars were sold in Shanghai in April as zero-Covid policy hammers activity 51 00:06 ET Updated: 17 MAY 22 10:51 ET By Laura He, CNN Business (CNN) -- Shanghai posted zero car sales last month as China pressed ahead with its stringent pandemic control measures. The biggest metropolitan area in China, home to 25 million residents, has been under a strict lockdown for seven weeks. Authorities have ordered people to stay at home and shut down many businesses, as they try to stamp out the city's worst ever Covid outbreak. Although authorities announced Monday that they will allow "low...
