**China’s Expats Grapple with Rising Financial Costs, Uncertain Futures Amid Lockdown in Shanghai**.
Shanghai, China’s financial hub and one of the world’s most populous cities, has been under a strict lockdown since late March due to a surge in COVID-19 cases. The lockdown has had a significant impact on the city’s residents, including the large expat community..
**Financial Costs Mount**.
Many expats in Shanghai have seen their incomes decline or even vanish during the lockdown. Businesses have been closed, jobs have been lost, and freelance work has dried up. This has put a strain on their finances, with many struggling to pay rent, utilities, and other essential expenses..
