News Snapshot:
(Bloomberg) -- Shanghai named new mid- and high-risk areas as more Covid infections were found, with a steady increase in cases threatening to drag China’s financial capital back into lockdown. The city reported 57 new infections for Saturday, according to a government statement, compared to 59 on Friday. Shanghai added 38 mid-risk areas and one high-risk area, the government said in a separate statement, after identifying 40 mid-risk and three high-risk areas the day before. Areas and complexes where infected people live are identified as risky. Haikou, the capital of China’s southern province of Hainan, banned vehicles and people from...
