By Tyler Durden
Update (2000ET): In an effort to mitigate the economic blowback from its latest lockdown, authorities in Shanghai said that the city’s port would continue to operate amid the staggered lockdowns that were ordered on Sunday.
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After weeks of panic-buying for fear that the Communist authorities would order another lockdown, President Xi has apparently tossed his “targeted” approach aside and ordered a lockdown in Shanghai, the country’s largest city and its financial hub…