Shanghai opens up further

Shanghai authorities have promised significant relaxation of Covid regulations for Wednesday, June 1. To remain in public spaces or use public transport, only a negative PCR test no more than 72 hours old will be required starting Wednesday. Previously, a 48-hour test was required. On Wednesday, 240 financial institutions are scheduled to reopen. Shopping malls and department stores are also scheduled to reopen on June 1, and schools are to gradually resume classes starting on June 6. Important manufacturers in the automotive, chemical and semiconductor industries have already been allowed to resume production since the end of April.