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China tries to limit economic blow of Shanghai shutdown

Residents pass by barriers set up to lock down a community in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A delivery man passes by barriers set up to lock down a community in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Residents pass by barriers set up to lock down a community in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Visitors take photos of blooming cherry blossoms at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A child wearing a mask reacts during a visit to a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A man wearing a mask looks at blooming cherry blossoms at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A woman wearing a mask takes photos of blooming flowers at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A resident rides along a quiet street lined with closed shops in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A resident passes by closed shops in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Customers line up at a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A delivery man selects items from partially empty shelves in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Customers look through empty shelves at a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

A woman wearing a mask takes photos of cherry blossoms at a park Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

Visitors, some wearing masks, walk through a park on Wednesday, March 30, 2022, in Beijing. China's case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

Visitors take photos of blooming cherry blossoms through a glass ball at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

Visitors take photos of blooming cherry blossoms at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A woman wearing a mask takes photos of cherry blossoms at a park Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A child wearing a mask reacts during a visit to a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A man wearing a mask looks at blooming cherry blossoms at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A woman wearing a mask takes photos of blooming flowers at a park on Wednesday, March 30, 2022, in Beijing. China's coronavirus case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A resident rides along a quiet street lined with closed shops in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A resident passes by closed shops in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Customers line up at a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A delivery man selects items from partially empty shelves in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Police in protective gear monitor a line of customers entering a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Customers look through empty shelves at a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

A resident prepares to get a COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

A resident lifts her mask for a swab during a COVID-19 test at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Visitors, some wearing masks, walk through a park on Wednesday, March 30, 2022, in Beijing. China's case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a "zero tolerance" strategy aimed at isolating every infected person. (AP Photo/Ng Han Guan)

A resident rides along a quiet street lined with closed shops in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A resident passes by closed shops in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Customers line up at a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

A delivery man selects items from partially empty shelves in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Police in protective gear monitor a line of customers entering a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Customers look through empty shelves at a supermarket in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo/Chen Si)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

A resident prepares to get a COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

A resident lifts her mask for a swab during a COVID-19 test at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID-19 tests at a residential community under lock down in Shanghai, China, Wednesday, March 30, 2022. As millions of Shanghai residents line up for coronavirus tests in the closed-down metropolis, authorities are promising tax cuts for shopkeepers and to keep its busy port functioning to limit disruptions to industry and trade. (AP Photo)

Residents line up for COVID tests in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

Residents line up for COVID test in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

Stocks spill out of the entrance to a supermarket in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

Residents line up for COVID test in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

Residents stock up on daily necessities at a supermarket in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

Shoppers line up to pay cashiers in a supermarket in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

In this photo released by Xinhua News Agency, daily necessities are seen at a warehouse in Jinshan District, eastern China's Shanghai city, Monday, March 28, 2022. 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. (Zhuang Yi/Xinhua via AP)

In this photo released by Xinhua News Agency, medical workers from Zhejiang Province carry out nucleic acid tests for residents at a COVID-19 testing site in Pudong District of east China's Shanghai, Monday, March 28, 2022. 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. (Jiang Aishan/Xinhua via AP)

An empty restaurant offering only take out orders waits for customers in Shanghai, China, Tuesday, March 29, 2022. A two-phase lockdown of Shanghai's 26 million people is testing the limits of China's hard-line "zero-COVID" strategy, which is shaking markets far beyond the country's borders. (AP Photo/Chen Si)

In this photo released by Xinhua News Agency, a medical worker from Zhejiang Province takes a swab sample from a resident for nucleic acid test at a COVID-19 testing site in Pudong District of east China's Shanghai, Monday, March 28, 2022. 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. (He Zhongming/Xinhua via AP)

China tries to limit economic blow of Shanghai shutdown