Market Overview

From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise

From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise

China is facing pockets of resurgence in major cities from Beijing to Wuhan, and authorities have imposed mass testing and widespread travel restrictions in some areas. Daily Covid-19 cases are rising again as the delta variant spreads across the country. China’s National Health Commission said it confirmed 96 Covid cases on Wednesday — the third straight day it reported 90 cases and above. Of the newly confirmed cases, 71 were locally transmitted, said the health commission.

Economists are concerned that a strict government clampdown on movements could hurt the economy — the only major economy to grow last year. “China has shown before that it is willing to take tough action to control Covid, and we don’t doubt that it will do so again this time,” Robert Carnell, regional head of Asia-Pacific research at Dutch bank ING, said in a note on Wednesday.

When Covid-19 first emerged in the country in late 2019, authorities used strict lockdowns and mass testing to control the nationwide outbreak. Since then, Chinese authorities have clamped down hard on any flare-ups in Covid infections. The latest spread of the more transmissible Covid delta variant has again led authorities to tighten containment measures across the country.

The capital of Beijing imposed strict entry and exit controls on Sunday and is said to be at a “critical stage” of epidemic control after cases rose late July for the first time in months, Xinhua reported. Wuhan city, where the coronavirus first emerged, will test all its residents for Covid new cases emerged, the news agency said.

From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise, CNBC, Aug 4

Article Rating