News Snapshot:
BEIJING (AP) — Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the normally bustling center of finance, manufacturing and trade. The omicron outbreak in Shanghai is one of a series across the country that is testing the government’s ability to enforce a strict “zero-COVID” strategy without overly disrupting the economy and people’s daily lives. Many shops were shuttered and pedestrians were sparse even in the half of the city that remained open. The lockdown is being conducted in two...
