Breaking News
Investing Pro 0
Cyber Monday Extended SALE: Up to 60% OFF InvestingPro+ CLAIM OFFER

China's big cities, from Dalian to Shenzhen, ramp up COVID curbs

Economy Aug 30, 2022 01:37PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. People watch as barricades are set up outside an entrance to Wanxia urban village as part of coronavirus disease (COVID-19) control measures in Shenzhen, Guangdong province, China August 29, 2022. REUTERS/David Kirton

BEIJING/SHENZHEN, China (Reuters) -Several of China's biggest cities imposed tougher COVID-19 curbs on Tuesday, further crimping the activities of tens of millions, and sparking fresh concerns for the health of a barely growing economy.

Metropolises from the southern tech hub of Shenzhen to southwestern Chengdu and the northeastern port of Dalian ordered measures such as lockdowns in big districts and business closures aimed at stamping out fresh outbreaks.

The latest curbs, which will delay the start of the school year for some, reflect China's strict adherence to a "dynamic COVID zero" policy of quashing every flare-up.

That insistence makes it an outlier as the rest of the world tries to live with coronavirus despite the cost to the world's second-largest economy.

While many of the measures are initially planned to run just a few days, any major escalation or extension in some of China's biggest cities risks further hurting already tepid growth.

While the two most populous cities of Beijing and Shanghai have faced only sporadic cases recently, COVID worries still weighed on Chinese stocks.

"Markets could once again be hit in the next couple of weeks, likely triggering another round of cuts by economists on the street," Nomura warned in a note, highlighting the significance of cities such as Shenzhen, also a major port.

On Tuesday, the Shenzhen district of Longhua, which has 2.5 million residents, closed entertainment venues and wholesale markets, and suspended large events.

People must show proof of negative test results within 24 hours to enter residential compounds, and restaurants must limit patrons to half of capacity, Longhua's district authorities said. The new curbs will run until Saturday.

The moves followed similar measures on Monday covering three other districts that affected over 6 million in Shenzhen, which has fought outbreaks of Omicron sub-variants this year.

City officials have stopped short of a blanket delay for the new school year, but six parents of young children said their schools had told them of postponements, as many in parent chat groups expressed anxiety over the uncertainty.

PORT CITY SHUT DISTRICTS

In Dalian, a major import hub for soybeans and iron ore, a lockdown begun on Tuesday is set to run until Sunday in the main urban areas with about 3 million residents. Households may send one person each day to shop for daily needs.

The lockdown requires non-essential workers to work from home, while manufacturing companies must cut on-site staff and maintain only basic and urgent operations.

The southwestern city of Chengdu, with a population of 21 million, ordered blanket closure of public entertainment and cultural venues from Tuesday.

It planned to delay the start of the fall school semester, and mandated residents to have proof of negative test result within 24 hours for entry to certain areas.

The northern municipality of Tianjin, home to 13.7 million, started a new round of citywide COVID testing, its fourth since Saturday.

The city of Tianjin said it would delay resuming offline classes for many schools.

In the northern city of Shijiazhuang, about 3-1/2-hours drive from Beijing, four big districts have ordered more than 3 million people to work from home until Wednesday afternoon, except for those in essential jobs.

Mainland China reported 1,717 domestically transmitted COVID infections for Aug. 29, 349 of these symptomatic and 1,368 asymptomatic, official data showed on Tuesday.

From more than 20 places that reported infections for Monday, Tibet, Qinghai and the province of Sichuan, of which Chengdu is the capital, accounted for the bulk of daily cases.

Qinghai's capital of Xining, with a population of 2.5 million, ordered a lockdown from Monday until Thursday morning in key urban areas, halting public transport and limiting movement.

Cases have been rising in Hong Kong, which does not have the same zero-COVID measures as mainland China, with government advisers expecting a daily tally of 10,000 infections this week, fanning fears of a tightening of just-eased curbs.

China's big cities, from Dalian to Shenzhen, ramp up COVID curbs
 

Related Articles

U.S. private payrolls growth slows in November-ADP
U.S. private payrolls growth slows in November-ADP By Reuters - Nov 30, 2022

WASHINGTON (Reuters) - U.S. private payrolls increased far less than expected in November, suggesting demand for labor was cooling amid high interest rates, a survey showed on...

Citi expects global growth to slow below 2% in 2023
Citi expects global growth to slow below 2% in 2023 By Reuters - Nov 30, 2022

(Reuters) - Citigroup (NYSE:C) on Wednesday forecast global growth to slow to below 2% next year, echoing similar projections by major financial institutions such as Goldman...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Tomek Mi
Tomek Mi Aug 30, 2022 4:48PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Bravo
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email