Page 2 - Latest Updates on Lockdown
Covid surge in Beijing triggers panic buying, lockdown-like restrictions
The case increase, which has escalated from under 100 infections a day a fortnight ago, is leading to stepped-up controls in Beijing, a city of 22 million
 "Covid surge in Beijing triggers panic buying, lockdown-like restrictions")
Foxconn apologises for pay dispute at China factory in Zhengzhou
Foxconn is trying to rebuild its workforce after thousands of employees walked out last month over complaints about unsafe conditions
 "Foxconn apologises for pay dispute at China factory in Zhengzhou")
China expands lockdown as Covid cases hit record high, mass testing ordered
People in eight districts of Zhengzhou with a total of 6.6 million residents were told to stay home for five days beginning on Thursday, except to buy food or get medical treatment
 "China expands lockdown as Covid cases hit record high, mass testing ordered")
South China city of Guangzhou locks down district in 'zero-Covid' fight
Baiyun district in Guangzhou also suspended in-person classes for schools and sealed off universities. The measures are meant to last until Friday, the city announced.
 "South China city of Guangzhou locks down district in 'zero-Covid' fight")
Oil prices sink as China's tightening anti-Covid curbs hurt demand outlook
Crude has erased the gains made at the start of the quarter, when the Organization of Petroleum Exporting Countries and allies including Russia agreed to reduce production by 2 million barrels a day
 "Oil prices sink as China's tightening anti-Covid curbs hurt demand outlook")
China's Covid-19 restrictions hit oldest Jixiang theatre in Beijing
Performances were due to resume Nov. 27, but such dates for re-opening have frequently been extended.
Covid-19 lockdowns spark violent protests in China's Guangzhou City
In videos on social media, hundreds of people can be seen marching in the streets and pushing over police barriers in Guangzhou's Haizhu district, which has been in lockdown since late last month
 "Covid-19 lockdowns spark violent protests in China's Guangzhou City")
Tourism sector bounced back with 'great resilience' after pandemic: Govt
India is also being promoted as a "safe tourist destination post-Covid-19", at the WTM, the ministry said in a statement issued on Wednesday
 "Tourism sector bounced back with 'great resilience' after pandemic: Govt")
Foxconn says working to resume China production as soon as possible
Foxconn said in a statement that the provincial government in Henan, where Zhengzhou is located, "has made it clear that it will, as always, fully support Foxconn in Henan".
 "Foxconn says working to resume China production as soon as possible")
China's daily Covid cases jump to six-month high as outbreaks flare
The country reported 5,436 cases for Sunday, up 27% from the day before to the most since May 2, when Shanghai was in the midst of its months-long lockdown.
 "China's daily Covid cases jump to six-month high as outbreaks flare")
China's zero covid policy fails badly as new cases found everyday: Report
At least 1,000 new cases of the virus are found in China every day, prompting the government to impose its draconian "Zero covid policy," which has caused fear, anger, and confusion among the people
 "China's zero covid policy fails badly as new cases found everyday: Report")
Iphone supply chain hit by Xi Jinping's stringent Coronavirus curbs
The abrupt move is expected to disrupt a factory already grappling with an outcry over an on-site coronavirus outbreak, worker exodus and enforced quarantine
 "Iphone supply chain hit by Xi Jinping's stringent Coronavirus curbs")
China orders seven-day lockdown in area around world's largest iPhone plant
The abrupt action reflects Beijing's Covid Zero approach to stamping out outbreaks, and is likely to further disrupt Foxconn's main operations base.
 "China orders seven-day lockdown in area around world's largest iPhone plant")
China's zero covid strategy could impact India's consumer durable industry
White goods have 25-75 per cent of their components coming from China, with air-conditioners being the most dependent on them with 75 per cent.
 "China's zero covid strategy could impact India's consumer durable industry")
Shanghai quietly shuts schools, gyms and bars as Covid-19 returns
The financial hub reported 47 new infections for Wednesday, the most since July 13 when a brief rise in cases revived fears of another general lockdown.
 "Shanghai quietly shuts schools, gyms and bars as Covid-19 returns")
China imposes fresh lockdowns as Covid-19 cases surge after holiday
Many in China hope the pandemic policy will ease after the meeting
 "China imposes fresh lockdowns as Covid-19 cases surge after holiday")
China oil demand may shrink first time since 2002 as Covid curbs bite
China's demand for gasoline, diesel and jet fuel could fall by 380,000 barrels per day (bpd) to 8.09 million bpd in 2022, which would be the first contraction since 2002
 "China oil demand may shrink first time since 2002 as Covid curbs bite")
Bollywood needs a superhero to rescue it; revenue still 38% down
Analysts blame industry woes on lockdowns, lack of new content, and growing competition from streaming and over-the-top platforms
 "Bollywood needs a superhero to rescue it; revenue still 38% down")
China central bank cuts mortgage rate to support crisis-hit property market
The People's Bank of China (PBOC) lowered the five-year loan prime rate (LPR) by 1.5 percentage points, which matches its biggest cut on record, the BBC reported.
 "China central bank cuts mortgage rate to support crisis-hit property market")
Chinese economy at 'critical stage of stabilisation': Premier Li Keqiang
Li stressed efforts to shore up market entities, stabilise employment and prices, and guarantee people's livelihoods.
 "Chinese economy at 'critical stage of stabilisation': Premier Li Keqiang")
