Berliner Boersenzeitung - Shanghai won't lock down despite Covid spike: official

EUR -
AED 4.31516
AFN 75.186175
ALL 95.293746
AMD 434.669939
ANG 2.102729
AOA 1078.452193
ARS 1630.2308
AUD 1.624055
AWG 2.116081
AZN 1.972096
BAM 1.949543
BBD 2.366794
BDT 144.45575
BGN 1.95966
BHD 0.443305
BIF 3494.983871
BMD 1.174784
BND 1.487719
BOB 8.119904
BRL 5.802732
BSD 1.175123
BTN 111.184676
BWP 15.724465
BYN 3.318535
BYR 23025.776091
BZD 2.363405
CAD 1.602048
CDF 2720.800684
CHF 0.915216
CLF 0.026764
CLP 1053.358606
CNY 8.00175
CNH 8.003695
COP 4381.253041
CRC 536.176843
CUC 1.174784
CUP 31.131789
CVE 110.371275
CZK 24.334502
DJF 208.783018
DKK 7.472646
DOP 69.958736
DZD 155.303645
EGP 61.942028
ERN 17.621767
ETB 184.561449
FJD 2.56679
FKP 0.865372
GBP 0.864271
GEL 3.159791
GGP 0.865372
GHS 13.216641
GIP 0.865372
GMD 86.346819
GNF 10314.60781
GTQ 8.970172
GYD 245.810019
HKD 9.204719
HNL 31.240732
HRK 7.535039
HTG 153.770943
HUF 357.845822
IDR 20346.562573
ILS 3.41111
IMP 0.865372
INR 111.018189
IQD 1538.967688
IRR 1542492.041252
ISK 143.805836
JEP 0.865372
JMD 185.157308
JOD 0.83289
JPY 183.801491
KES 151.759011
KGS 102.700249
KHR 4714.997648
KMF 492.234745
KPW 1057.310151
KRW 1699.372266
KWD 0.361786
KYD 0.979253
KZT 544.161183
LAK 25810.015627
LBP 105201.95124
LKR 376.191003
LRD 215.661076
LSL 19.425102
LTL 3.468833
LVL 0.710615
LYD 7.448409
MAD 10.806258
MDL 20.200081
MGA 4896.264456
MKD 61.652583
MMK 2466.517899
MNT 4205.316758
MOP 9.48422
MRU 46.876763
MUR 54.984854
MVR 18.156291
MWK 2046.474994
MXN 20.267324
MYR 4.610988
MZN 75.080436
NAD 19.425034
NGN 1600.056316
NIO 43.241033
NOK 10.928374
NPR 177.895283
NZD 1.972428
OMR 0.451734
PAB 1.175123
PEN 4.067693
PGK 5.109601
PHP 71.29591
PKR 327.500562
PLN 4.231549
PYG 7191.917329
QAR 4.280899
RON 5.267261
RSD 117.367963
RUB 87.820039
RWF 1715.185362
SAR 4.407583
SBD 9.436172
SCR 16.301074
SDG 705.462002
SEK 10.849505
SGD 1.490061
SHP 0.877095
SLE 28.958687
SLL 24634.638952
SOS 671.372647
SRD 43.949817
STD 24315.667154
STN 24.421514
SVC 10.281956
SYP 130.640379
SZL 19.149458
THB 37.85511
TJS 10.981508
TMT 4.11762
TND 3.414342
TOP 2.828599
TRY 53.113764
TTD 7.963407
TWD 36.875262
TZS 3045.25641
UAH 51.522813
UGX 4418.798927
USD 1.174784
UYU 47.218451
UZS 14189.398315
VES 579.75196
VND 30926.201816
VUV 138.918767
WST 3.198451
XAF 653.855648
XAG 0.01523
XAU 0.000251
XCD 3.174915
XCG 2.117894
XDR 0.818154
XOF 653.858422
XPF 119.331742
YER 280.332926
ZAR 19.270342
ZMK 10574.444756
ZMW 22.239527
ZWL 378.280128
  • RIO

    4.5300

    105.03

    +4.31%

  • CMSC

    0.0950

    22.975

    +0.41%

  • NGG

    0.4200

    88.06

    +0.48%

  • GSK

    0.3700

    50.75

    +0.73%

  • BTI

    0.4000

    59.8

    +0.67%

  • CMSD

    0.1150

    23.405

    +0.49%

  • BP

    -1.7000

    44.8

    -3.79%

  • BCE

    -0.0750

    24.025

    -0.31%

  • RYCEF

    1.0500

    17.5

    +6%

  • BCC

    2.7550

    74.885

    +3.68%

  • VOD

    0.3450

    16.085

    +2.14%

  • RBGPF

    0.0800

    63.18

    +0.13%

  • JRI

    0.1200

    13.16

    +0.91%

  • AZN

    3.5750

    184.815

    +1.93%

  • RELX

    -0.3200

    35.84

    -0.89%

Shanghai won't lock down despite Covid spike: official
Shanghai won't lock down despite Covid spike: official

Shanghai won't lock down despite Covid spike: official

Shanghai on Saturday recorded a sharp rise in Covid-19 cases, but a member of the city's pandemic task force said officials were determined to avoid a full lockdown over the damage it would do to the economy.

Text size:

Millions of Chinese in affected areas have been subjected to city-wide lockdowns by an Omicron-led outbreak that has sent daily case counts creeping ever-higher, though they remain insignificant compared to other countries.

Shanghai, however, has aimed to ease disruption with a more targeted approach marked by rolling 48-hour lockdowns of individual neighbourhoods and large-scale testing while largely keeping the metropolis of 25 million people running.

At a daily Shanghai press conference Saturday, officials alluded to the importance of avoiding a full lockdown of the huge port city.

"If Shanghai, this city of ours, came to a complete halt, there would be many international cargo ships floating in the East China Sea," said Wu Fan, a medical expert with the city's pandemic task force.

"This would impact the entire national economy and the global economy."

Wu made the comments as city officials also announced that they would begin handing out self-testing kits to Shanghai residents, in the latest sign that the government was expanding its pandemic response.

The northeastern province of Jilin also said Saturday that it had begun distributing 500,000 of the rapid-antigen kits.

Shanghai and Jilin have been the areas hardest hit by the outbreak, which took off in early March.

China had largely kept the coronavirus -- which first emerged in the city of Wuhan in late 2019 -- under control through its strict zero-tolerance measures.

But that top-down approach is increasingly being questioned amid concerns over the economic impact and public "pandemic fatigue", especially considering Omicron's less severe symptoms.

The National Health Commission announced two weeks ago that it would introduce the sale in China of rapid antigen self-test kits for the first time, and they have begun to appear on pharmacy shelves.

But Saturday's announcements appeared to mark their first wide-scale use as part of official pandemic control measures.

China on Saturday reported 5,600 new confirmed domestic transmissions, most of them asymptomatic.

Chinese authorities had watched nervously as a deadly Hong Kong Omicron surge sparked panic buying and claimed a high toll of unvaccinated elderly in the southern Chinese city.

Its subsequent spread in mainland China has posed a dilemma for authorities wrestling with how forcefully they should respond.

On Wednesday, Shanghai infectious disease expert Zhang Wenhong, a top doctor in the city's pandemic fight, called for balancing anti-virus measures with maintenance of "normal life".

The comments in his widely followed blog indicated growing official tolerance for voices who question the lockdown approach.

Shanghai's softer strategy has so far failed to stop cases from rising, and the localised lockdowns have provoked grumbling online and a run on groceries in some districts.

Shanghai on Saturday reported another steep rise in new local transmissions to 2,269 -- around 40 percent of the national total.

burs/dma/je

(A.Lehmann--BBZ)