China's Covid surge hits factories and consumer market | CNN Business

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Since the middle of this month, the number of subway trips was down about 60% in major cities from the same period a year ago. Nationwide, truck cargo volumes and delivery orders both shrank in the past week. Factories have also cut back production.

China’s economy is under severe strain as a wave of Covid cases sweeps across the country. Since the world’s second largest economy drastically eased its Covid restrictions earlier this month, there has been no clear data on the extent of the virus’ spread on the national level. But several cities and provinces have said they were seeing tens of thousands of new cases per day. The rapid spread of infection has driven many people indoors and emptied shops and restaurants.

Since the middle of this month, the number of subway trips was down about 60% in major cities from the same period a year ago, according to Wind data. Nationwide, truck cargo volumes and delivery orders both shrank in the past week, according to statistics from the transportation ministry and the postal service regulator. Factories have also cut back production. Key industries like cement and chemical fibers have all reported lower utilization rates of their existing production capacity.

 

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The Chinese Government is weeding the herd! Planned attack on its own people. Very evil!

Will this spread around the globe again killing millions more? Is this China way of reducing the global population?

We pray let it end there

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It is temporary I that it is a western created shallow set back. China shall never be halted from rising up and pulling the greater part of the world(more than 3/4th of it) as its company. On the contrary,no power in the universe can prevent the contraction and freezing of z West

😬😬

One day before 40th day Kian Pirflak was killed by IR regime,once again ,on Dec 25, IR shot at a car and killed SohaEtebari a 12 yo girl who was inside the car with her family. no one is safe in Iran where the authorities are murderers & childkiller SS35 MahsaAmini

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Instead of covering the border lets cover...what?

😂

God bless the Chinese and have mercy on them.

I guess keeping them in lockdown for years was a bad idea…

Covid ?! That’s a hoax right

But you people were the ones condemning them for the zero covid policy.

Throughout history, religious leaders used holier than thou messaging to exert social control on the population. Today, political leaders use safety and security messaging to exert social control on the population. The seeds of authoritarianism often begin with virtue framing.

🧵1/2 Since the worlds second largest economy drastically eased its Covid restrictions earlier this month, there has been no clear data on the extent of the virus spread on the national level.The number of people on the streets has dropped off sharply from already subdued levels

POTUS lets do preemptive lockdown. We dont need another wave of corona…

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