After a year on the sidelines, Beijing this week took steps to get hundreds of billions of dollars into the hands of the country’s flailing real estate developers.
Tag: Shanghai (China)
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Outbreaks Test China’s Efforts to Limit the Cost of ‘Zero Covid’
China wants to fine-tune its stringent pandemic restrictions to reduce the disruption to daily life caused by lockdowns. But officials are still taking few chances.
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A loyal aide in Shanghai takes a leading role in Beijing.
Li Qiang is now China’s second-highest official after Xi Jinping. Mr. Li’s time in Shanghai had raised questions about whether he would rise to the party’s highest levels.
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The ‘Age of P.C.R. Prosperity’? China’s Covid-Testing Strategy Comes Under Strain
Bills are piling up and infections are spreading, yet there are no signs that Beijing plans to rethink a cornerstone of its pandemic policy.
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China’s ‘Zero Covid’ Pursuit Causes Mayhem Ahead of Party Conclave
Tourists are stranded, residents confined at home. Covid flare-ups and the accompanying lockdowns are causing disruptions ahead of a key Chinese Communist Party meeting.