Agence France-Presse (AFP), the 65th-day quarantine of the Chinese financial centre. self-isolation regime for the entire city.
More than eight million Shanghai residents will be detained on Friday, citing China’s official state press agency Xinhua, AFP reported, while Latin American news agency Infobae reported 15 million residents.
Of the 16 districts of the city, which is home to more than 23 million people in Shanghai, at least 15 said they will perform PCR testing on their residents in the coming days, while six districts will be quarantined during exams. AFP reported. . 10 June.
“The regions that will be subject to certain restrictions – Minhang, Yangpu, Putuo, Fengxian, Qingpu and Changning – are home to more than eight million people,” the news agency said.
The Shanghai government “announced the batch testing decrees in a series of locally issued notices on Thursday. [June 9] and Friday [June 10]”.
Walking through parts of downtown Shanghai is like coming back in April-May. Houses inside fences or barricades after several cases of Covid were discovered after lockdown. pic.twitter.com/pDvG1F0DA5
– Bibek Bhandari (@bibekbhandari) 8 June 2022
Shanghai is a metropolis with a population of over 25 million and is considered the economic center of the world. The city is home to the world’s busiest container port and the manufacturing facilities of dozens of leading multinationals such as Apple and Tesla. The city’s central government has inflicted massive economic damage not only on Shanghai’s local economy but also on the global financial sector in recent weeks after China effectively shut down the entire city for 65 days to stop the coronavirus outbreak.
The final quarantine in Shanghai lasted from March 28 to June 1 and began with a batch testing decree similar to the one announced on June 9. reimposed Restrictions on the movements of millions of residents this week indicate that Shanghai’s economy and the world may once again face a serious recession.
AFP wrote on Friday about the possible ripple effects of Shanghai’s latest lockout on the global economy:
Experts predict that it will be difficult for China to reach its economic growth target of around 5.5% this year as virus lockdowns stifle jobs and supply chains.
The World Bank severely slashed its 2022 growth forecast for China to 4.3 percent and warned this week that Covid-related disruptions could slow the recovery.
The shock waves of China’s anti-coronavirus policy also affected the global economy, especially after the closure of Shanghai, the country’s largest city and a major global shipping hub.
Shanghai’s decision to close housing estates in six districts on June 9 was reportedly taken after local health officials saw a small increase in new daily Chinese coronavirus cases in the city. China’s ruling Communist Party continues to maintain a policy of “zero tolerance” to the disease, which most observers say is outdated in the face of the emerging and slowing globally slowing Chinese coronavirus pandemic. On May 10, the World Health Organization described the Chinese government’s “zero tolerance” policy as unsustainable.
Source: Breitbart
