China’s Daily Covid Tally tops 30,000 for first time as curbs spread ” Alaska

(Bloomberg) – China’s daily Covid infections broke 30,000 for the first time ever as officials struggle to contain outbreaks that have led to a growing number of restrictions in the country’s key cities.

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31,987 new infections were reported for Thursday, up from Wednesday’s record of 29,754. The southern city of Guangzhou reported more than 7,500 cases, while the number of cases in metropolitan Chongqing topped 6,000. The capital Beijing has seen more than 1,800 infections a day, with the record number and lockdown-like restrictions sparking panic buying in parts of the capital.

The persistently high number of cases weighed on the stock markets. Major Chinese equity indicators in Hong Kong and on the mainland headed for a weekly decline that should start a three-week rally.

Read more: China stocks face three-week rally as Covid concerns grow

Rising infections across the country are posing challenges for Chinese authorities, who want to move from citywide lockdowns to more targeted measures that are less disruptive to residents and businesses. But after testing and restrictions on movement were initially eased – in line with a new 20-point virus playbook issued by Beijing – officials are re-imposing mass testing and lockdown orders in some places in an effort to meet the overarching goal of suppressing Covid reach .

That is, instead of issuing explicit orders, major cities cordon off block by block and impose curbs on others that are under the radar. In Beijing, supermarket delivery apps are overwhelmed after residents in Chaoyang, its largest district, were told not to leave their homes unless necessary. The grocery stores in the district are also no longer accepting orders.

Read more: Panic buying in Beijing as Covid Surge spurs creeping controls

Schools in a number of Beijing districts have been closed and students have switched to online learning. And anyone entering the capital must present a negative PCR test result taken in the last 48 hours before entering public venues or boarding buses.

Zhengzhou, home of Apple Inc.’s largest iPhone manufacturing plant, will largely go into lockdown for five days starting Friday. The order came after hundreds of workers at the factory known as “iPhone City” clashed with security guards as tensions boiled over after nearly a month under tight restrictions.

–Assisted by Phila Siu, Claire Che and Shikhar Balwani.

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