• Bloomberg


Shanghai cranked up lockdown restrictions for people residing in the eastern half of the city, barring everyone from leaving their homes even to walk their dogs as local daily COVID-19 infections jumped to a record 4,477 on Tuesday.

All residents in the Pudong District, home to many elite financial institutions and the Shanghai Stock Exchange, will be confined to their homes and allowed out only to get a COVID-19 test, according to a statement issued by the area’s residential compounds reviewed by Bloomberg News.

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