China’s factory downturn slows as Covid curbs ease; Brent crude oil hits $124 – business live

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Shanghai authorities have begun dismantling fences around housing compounds and ripping police tape off public squares and buildings, to the relief of the city’s 25 million residents, before a painful two-month lockdown isOn Monday evening, some of the people allowed out of their compounds for brief walks took advantage of suspended traffic to congregate for a beer and ice cream on deserted streets, but there was a sense of wariness and anxiety among residents.

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