News / Shanghai Covid scare raises spectre of further lockdown disruption

© Woraphon Banchobdi

With mass testing again underway, there are renewed fears that Shanghai could go back into lockdown and disrupt peak season.

It’s only been five weeks since the major port and manufacturing hub emerged from its two-month “zero-Covid” ordeal, and already several districts are undergoing mass testing again, from today until Thursday.

Officials say the measures are needed to avert another citywide lockdown, but critics claim mass testing has generally been the precursor to further restrictions in China, not the prevention.

Nevertheless, UBS Global ...