say their operations have already been hit by the country’s latest COVID-19 curbs, with more disruptions expected as case numbers rise.
“Now we have two of the wealthiest Chinese cities, Shanghai and Shenzhen, both under lockdown: how is that going to affect the Chinese economy?” he said.Though confirmed symptomatic infections in Shanghai stood at 21 on Monday, with an additional 130 asymptomatic cases, authorities were taking no chances, cordoning off individual apartment buildings and testing residents.
In Shenzhen, there were 39 confirmed infections with 21 asymptomatic cases. The government is describing the week of controls aimed at containing the outbreak as a period of “slow living”, with public transport, marriage and funeral services all suspended, and some residents forced to undergo daily tests.